News
Birmingham News: Human Resources
November 18, 2008
Martin S. Smith and W. Mead Silsbee of Retail Specialists, Inc. have been awarded the Certified Commercial Investment Member designation by the CCIM Institute.
The List: Birmingham's Largest Commercial Property Management Firms
November 14, 2008
Retail Specialists, Inc. ranked number 16 on the list of Birmingham's Largest Commercial Property Management Firms with 708,009 square feet of locally managed retail and a total management portfolio of 1,400,183 square feet.
Economy severely impacting retail markets
November 14, 2008
Local commercial real estate brokers say the nation's economic turmoil is having a significant negative impact on the Birmingham market, according to a recent survey of CCIMs conducted by the Birmingham Business Journal. Bryan Holt of Retail Specialists, Inc. said: "Most of them [retailers] have stopped doing deals and the ones that are continuing to do deals are asking for a tremendous amount of due diligence than what it took in the past."
CCIM 3rd Quarter Newsletter
November 07, 2008
At the CCIM/NAIOP Market Symposium on November 14, 2008, the Alabama CCIM Chapter awarded a scholarship to Brooks W. Corr of Retail Specialists, Inc. Also, Congratulations to Mead Silsbee, III, CCIM and Martin S. Smith, CCIM of Retail Specialists, Inc. for recieving their CCIM designation.
Insider: I.O. Metro coming to Patton Creek
October 17, 2008
Eclectic imported furniture and accessories retailer I.O. Metro will open its first Alabama location in Hoover's Patton Creek shopping center Dec.1. The 8,507-square-foot store will take the spot vacated by furniture retailer Bombay and Bombay Kids. Brooks Corr of Retail Specialists, Inc. represented the landlord in the lease.
Lakeview
August 31, 2008
Among the new projects in the works is 29 Seven, a $20 million mixed-use development on the northwest corner block of Seventh Avenue South and 29th Street. The project is slated to have more than 70 condos or apartments and 20,000 square feet of retail space. Robert Jolly, principal with Retail Specialists, Inc., which is handling leasing of 29 Seven, said he hopes for a groundbreaking on the project later this year, after more than a year in delays. "I think the Lakeview market and entertainment district are still very vibrant and very viable," he said.
Retail Specialists lists area leases
August 27, 2008
Birmingham's Retail Specialists, Inc. recently signed retailers and restaurant operators in deals for properties around Birmingham and throughout Alabama.
Birmingham-area cities gamble on Vegas to lure retailers
May 09, 2008
Despite a sluggish economy and news of some major retailers shutting their doors, the International Council of Shopping Centers said its annual global expo next week in Las Vegas is on track to equal or beat last year's attendance, with more than 50,000 executives planning to attend - and nearly 500 of them from Alabama. Robert Jolly, president of Retail Specialists, Inc., said all seven of the company's producers will be attending the conference, an event the company has been preparing heavily for.
Hot Spots for '08
January 11, 2008
Jolly believes a lot of the retail activity is likely to come to the suburbs in 2008, citing potential opportunities for such areas such as Chelsea and small communities down U.S. 280. The area around Grants Mill Road and Interstate 459 is another potential retail growth area the development community is watching closely - waiting for word on whether Trinity Medical Center will be allowed to build a new hospital there, he said.
Newk's Express Cafe to open in Cahaba Village
December 24, 2007
Newk's Express Cafe is opening a new restaurant in Cahaba Village Shopping Center. Birmingham's Retail Specialists, Inc. said they recently brokered deals for leases at three shopping centers in Alabama, including the nearly 4,000 square feet of space at Cahaba Village Shopping Center to Newk's Express Cafe.
