Alabama (45)

Nexus Fitness Owner Opening Boutique Fitness Concept at New Ideal Lofts

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. New Ideal Lofts has announced that the 3,500-square-foot ground floor commercial portion of the project has been leased to X⁴ – a new gym concept by Chris Wade, owner of the wildly successful Nexus […]

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Site Selection: Google Earth Isn’t Telling You The Whole Story

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. There is a major retail corridor in Alabama dotted with every major restaurant brand and retailer in the region. There are 90,000 vehicles per day, an interstate interchange, 6 million square feet of office […]

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How You Can Support Local Businesses During The COVID-19 Pandemic

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Now more than ever, our community small business owners need our support during these challenging times of the COVID-19 Pandemic. A lot of wonderful initiatives have been created in an effort to do just […]

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4 months ago Business Trends

COVID-19 Small Business Funding Programs & Resources

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. We have compiled a list of COVID-19 emergency funding programs and resources currently available on a local and national level for small businesses struggling with economics. This list will be updated accordingly as we […]

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6 months ago Done Deals

Historic Zinszer Building in Downtown Birmingham Sells

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. The historic Zinszer Building at 2117 2nd Avenue North in downtown Birmingham, AL has sold. John Lauriello and Blake Crowe of Southpace represented the seller and Jamie Justice with Colliers International represented the purchaser. […]

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Valley Bank Branch Building Involved in Sale/Lease Back Transaction

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. The Valley Bank building at 1100 Corporate Parkway off of Highway 280 in Birmingham, AL sold recently in a sale/lease back transaction. Southpace’s Blake Crowe represented the buyer, Sumerford Holding’s in their purchase of […]

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Publix @ Tattersall Park Opening Soon; Inline Tenants Announced

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Construction on the new Tattersall Park mixed-use development at the intersection of Highway 280 and Highway 119 is complete. Publix @ Tattersall Park grand opening is scheduled for 7:00 am, November 6th, 2019. Publix […]

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“Medtail” Clients Gaining Momentum as Viable U.S. Retail Tenants

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Medtail: medical facilities located in retail shopping centers Recent commercial real estate trends are showing that the retail space isn’t dead per se – but rather, showing signs of rapid evolution, including reimagining the […]

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The Five F’s of Retail Tenants

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. What are the Five F’s of Retail? Fashion, Fitness, Food, Fun, and Furniture. What’s the significance? These tenants demonstrate various levels of immunity to eCommerce, often serving as a sound investment for commercial realtors […]

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Investment Trend: Commercial Real Estate Investors Eyeing U.S. Senior Living Facilities

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Over the past couple of years commercial real estate investors—especially private equity investors—have shown an increased interest in adding senior living facilities to their portfolios, for a wide range of reasons. Still, it’s important […]

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REITs vs. Stocks: Leveraging the Benefits of Real Estate Investment Trusts

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Every investment strategy comes with its own distinctive litany of pros and cons. External factors also come into play when deciding where to invest your money. Current market temperature, portfolio diversity, and even personal […]

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Shipping Container Popularity On The Rise For Commercial Developments

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Commercial real estate is an ever-evolving industry, continuously showcasing non-traditional and inventive ways for property owners to optimize return on their investments. One of the newest trends quickly gaining attention and momentum within the […]

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Indoor Farming & Other Innovation Solutions with Industrial Real Estate

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. As the global population continues to grow, so does our food production challenges. Recent predictions show that the world’s population is projected to reach 9.7 billion people by 2050. Additionally, according to the Food […]

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Leading Positively

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. “Leadership is influence; nothing more, nothing less.” – John Maxwell Scrolling through LinkedIn, there are endless posts on constructive leadership. They’re a great reminder of how we should conduct ourselves in our business circles, […]

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Revenue per Square Foot: Still a Reliable Measure of Success?

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. First thing’s first, revenue per square foot is the amount of sales revenue received, divided by the amount of retail space the business occupies. When measuring retail profitability and the effectiveness of an individual […]

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Metal Supermarkets New Location at Continental Gin Industrial Park

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. The world’s largest small-quantity metal supplier Metal Supermarkets is opening a new location in Birmingham at the Continental Gin Industrial Park. The company has over 80 brick-and-mortar stores throughout the United States, Canada, and […]

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Macaroni Lofts Becoming A Reality

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. MACARONI LOFTS PRE-SALES • Estimated completion date is Summer 2020 • Residential units will be available for pre-sale July 1st • 6,000 SF ground floor commercial space available Another development in the Parkside District […]

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Obtaining Financing For CRE Projects Part II: Understanding The Five C’s Of Credit

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. The five C’s of credit established a thorough system of checks and balances that weighs each component to gauge the potential for borrower default as well as the overall possible risk of loss for […]

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Obtaining Financing For CRE Projects Part I: Partnering With Local Lenders

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. What To Know About Financing Your Commercial Real Estate Projects At Southpace Properties, our team of licensed and professional realtors doesn’t just know commercial real estate properties; we also have extensive experience navigating through […]

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What Effects Could The 2020 Presidential Election Have On CRE?

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. As hard as it may seem to believe, here in the U.S., we are on the cusp of yet another cycle of presidential campaigning. Prospective candidates are already tentatively dipping their figurative toe in […]

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1 year ago Done Deals

Downtown Anniston Medical Office Building Purchased

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Bill McDavid represented the bank in the closing of the Williams Building at 1930 Leighton Avenue in Anniston, Alabama. The bank foreclosed on the approximately 35,000 square-foot property in March of 2018 and vacated […]

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Farmland May Be An Easier Investment Than You Think

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Tillable, a new digital platform, is changing the agronomy game, both for growers and investors throughout the U.S. Similar in design to the vacation home rental model, Tillable helps solves a two-prong issue that’s […]

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Trending Now: Retailers Recycling Their Own Merchandise

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList.   The face of commercial real estate within the retail vertical continues to change at lightning pace, forcing brick and mortar storefronts to keep up or be left behind. E-commerce continues to rise in […]

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Historic Tax Credits Increase Birmingham Real Estate Investments Demand

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList.   Many national markets continue to emphasize a “newer is better” mentality. However, Birmingham and Alabama as a whole have placed a significant focus on investing in buildings with a nationally certified historic status. […]

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New Taco Joint & International Fitness Concept Coming to Trussville

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Tenants Taco Mama and Orangetheory Fitness are joining Chicken Salad Chick and Metro Diner in their newest Trussville location! Metro Diner and Chicken Salad Chick opened in March and have had great success thus […]

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Steps Commercial Property Owners Can Take to Avoid a Fire

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. The fire that damaged a significant portion of the Notre Dame Cathedral in Paris this April was truly devastating. The flames raged on for hours before first responders could get the fire under control. […]

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How Fitness Trends Impact Commercial Real Estate Property

This post originally appeared on Southpace Blog and is republished with permission. Find out how to syndicate your content with theBrokerList.   Statistics show that in 2016 the U.S. had over 36,000 membership-based exercise facilities with a total of 57.25 million members, illustrating beyond a doubt that health and fitness continue to prove a robust […]

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