SHREVEPORT, LOUISIANA (JANUARY 16, 2012) – Stirling Properties announces the acquisition of Shreveport, Louisiana based Avant Properties in an agreement that was finalized earlier today. The acquisition of Avant Properties further strengthens Stirling Properties’ presence in the Gulf South and is a critical step in their long term strategic growth plans.
Avant Properties’ current personnel and portfolio will be integrated into Stirling Properties operations. Marty Mayer, President and CEO of Stirling Properties, said “Avant Properties’ excellent reputation and client-focused services are synergistic with our company and, just as important, their signature managed properties and local brokerage presence will strengthen our service offerings in northwest Louisiana.”
Typically known for developing and managing several successful shopping centers in the Shreveport/Bossier City region, Stirling Properties’ purchase of Avant Properties expands the company’s office and retail management portfolio, which now includes two of the most prominent high-rise office buildings in the Shreveport Central Business District, Chase Tower and American Tower, along with Pierremont Mall, Shreveport’s landmark retail destination and first mall. The combined portfolio of over 14 million square feet makes Stirling Properties the largest management and brokerage firm in the Shreveport/Bossier City region.
The founder and sole owner of Avant Properties, Keitha Avant Marcotte CCIM, SIOR, believes that aligning with Stirling Properties will provide a higher caliber of service to existing and future clients. “Stirling Properties is a very strategic and forward thinking company. The resources they offer our brokers and property owners will enable us to take our client services to a new level. I am so proud of my team and find it very gratifying that our work was noticed and appreciated by Stirling.”
“This alignment reinforces Stirling Properties’ commitment to personally invest in the markets we serve and provides an even stronger base of operations in northern Louisiana on which to build,” concluded Mayer.
For commercial real estate needs in north Louisiana contact Stirling Properties at their new Shreveport office located at 401 Market Street, Suite 160 on the ground floor of American Tower, or call (318) 797-4393.