Stirling Properties Expands Management Portfolio
Stirling Properties’ Asset & Property Management Team has recently been awarded management contracts for several new retail and office properties, further expanding the company’s commercial portfolio and regional footprint.
In the Mississippi and Florida panhandle areas of the Gulf South region:
Lakeview Village II & III
Lakeview Village II & III are adjacent neighborhood retail inline centers located at 3586/3516 Sangani Boulevard in D’Iberville, MS. Combined they are comprised of 65,860 square feet of retail and restaurant options. Shadow-anchored by Academy Sports + Outdoors, the property is currently 62% occupied by a mix of national and local tenants including Outback Steakhouse, H&R Block, The UPS Store, and Sherwin Williams.
Lakeview Village II & III are located in a 150-acre master planned, mixed-use retail development that spans the entire northern side of the Interstate 10/Interstate 110 interchange. Prominent national retailers near the development include Walmart, Target, Best Buy, Lowe’s, PetSmart, Marshalls, Michaels, and Kohl’s. Stirling Properties will also handle leasing of both centers. For leasing information, contact Angie McArthur.
5041 Bayou Boulevard
5041 Bayou Boulevard is a three-story, class-A office building located in the Cordova Corridor of Pensacola, FL. Its primary tenant is Bank of America. The multi-tenant office building consists of 24,796 total leasable square footage and is strategically positioned near Cordova Mall, Sacred Heart Health System, and Pensacola International Airport. Stirling Properties will handle full-service management and accounting for the property.
401 E. Chase Street is a single-story, multi-tenant office building located in Pensacola, FL. This 11,744-square-foot office building is located on the eastern edge of downtown Pensacola, within walking distance of Pensacola Bay, numerous restaurants, hotels, and the Pensacola Civic Center. The property was recently renovated. Tenants include Baptist Home Health Care and Medical Records Express LLC. Stirling Properties will assume management and accounting services for the property.
Stirling Properties has also been awarded management duties of the 3,033-square-foot former Arby’s restaurant space located at 800 North Navy Boulevard in Pensacola, FL. The building was recently acquired by a local investor that has contracted with Stirling Properties for property management services, including assistance in getting the property ready for future leasing opportunities. For leasing information, contact Angie McArthur.
As part of Stirling Properties’ ongoing partnership with PMAT Companies, we have secured two additional management contracts:
Downers Park Plaza is a 265,000-square-foot, class-A shopping center located in a regional retail corridor of the Downers Grove area of IL, part of the Chicago MSA. The center is anchored by Best Buy, T.J.Maxx, HomeGoods, Shop & Save Market, Old Navy, and Party City. It is currently 89% occupied.
Megan Crossings
Megan Crossings is a 114,000-square-foot, class-A shopping center located in a regional corridor in the West St. Louis, MO, MSA. Anchored by Hobby Lobby, Tuesday Morning, La-Z-Boy Furniture, and Dollar Tree, the asset is 87% occupied.
“We are pleased to welcome these properties to our growing portfolio. Stirling Properties continues to seek opportunities to provide value to our clients and property owners from back-office support to full-service asset and property management amenities—and everything in between,” said Donna Taylor, Sr. Vice President of Asset Management & New Business with Stirling Properties. “We remain committed to our strategic growth plan across the Gulf South region, and to providing top-notch service and guidance in the commercial real estate arena.”
Stirling Properties manages more than 19.5 million square feet of commercial real estate, including office, retail, industrial, medical, residential, and mixed-uses.
For asset management information, contact Donna Taylor at (985) 246-3758 or dtaylor@stirlingprop.com.
Stirling Properties Helps Send Local Athlete To 2018 Special Olympics USA Games
Craig Oser, Paul Mastio, Donna Taylor, Charlie Courville, Andy Gay, Kellie Brame, Grady Brame, Ashlynn Hemingway
Stirling Properties has made a donation to help send local athlete, Andy Gay, to the 2018 Special Olympics USA Games! Andy is from the Hammond area and will be competing in Bowling. He has been competing with Special Olympics Louisiana for 20 years, and this is his first time attending the USA Games. (Also, this will be his first time on an airplane!)
Andy stopped by our corporate office today in Covington to visit with Team Stirling and fill us in on his plans for the upcoming games.
“Going to USA Games is a once in a lifetime dream that I may never have the opportunity to do again. I feel very honored to have been chosen,” said Andy. “Thank you so much for your support. I hope to make you proud—and I hope to come back with a gold medal.”
Charlie Courville, Ashlynn Hemingway, Andy Gay, Kellie Brame
The 2018 Special Olympics USA Games will be held July 1-6 in Seattle, Washington. There are nearly 3,500 athletes, 1,000 coaches, and 10,000 volunteers and delegates from all over the world expected to attend and compete in the games this year. About 50,000 family, friends, and spectators are anticipated to attend.
Locally, 70 athletes, 28 unified partners, and 31 coaches and official delegates will join Andy in representing Louisiana. They are leaving this Saturday for Seattle. It costs participants approximately $1,000 each to attend. Stirling Properties is proud to provide $1,083.50 to cover Gay’s registration and travel expenses.
Team Stirling wishes Andy Gay the best of luck during the upcoming 2018 Special Olympics USA Games! We are rooting for you! Follow us on social media to keep up with Andy during the games.
#StirlingProud
Special Olympics Louisiana is a state-wide organization that changes lives by promoting understanding, acceptance and inclusion between people with and without intellectual disabilities. Special Olympics Louisiana offers year-round programs for 14,880 children and adults with intellectual disabilities in all 64 parishes with the help of 15,000 volunteers. We have health, education, and leadership, family, training and sports programs for people beginning at age 2 and there is no upper age limit. There is no cost to participate in Special Olympics. Visit Special Olympics Louisiana at www.laso.org. Engage with us on: Twitter @SOLouisiana; fb.com/specialolympicslouisiana; youtube.com/SOLouisianaTV, and specialolympicslouisiana.wordpress.com.
Stirling Properties Scores Big During Annual Olympic Games
Stirling Properties Raises $54,000 For Local Nonprofits!
Stirling Properties has its own version of the Olympic Games! Employees recently celebrated the 6th Annual Stirling Olympics, an event hosted by the Stirling Stewardship Committee to raise money for charitable causes throughout the Gulf South region. The games were a HUGE SUCCESS, raising $54,000 for local nonprofit organizations!
Funds raised from the event benefited Compassion That Compels, a nonprofit organization that provides spiritual, emotional, and tangible resources for individuals battling cancer through the distribution of Compassion Bags both nationally and internationally, as well as St. Nicholas Center for Children, a nonprofit center that works to transform the lives of children diagnosed with autism, developmental delays, and neurological disorders by seeking to meet their educational and therapeutic needs. Representatives from each organization were on hand to accept a check for $27,000 each.
Throughout the day, Stirling Properties’ team members battled one another in quirky competitions and relay races such as Musical Chairs, Skornhole, Stirling Ball, Word Search Relay, Backyard Sling, and Stirling’s Dirty Laundry. Scores were tallied, and individual medals were awarded for each event.
[ngg_images source=”galleries” container_ids=”20″ display_type=”photocrati-nextgen_basic_slideshow” gallery_width=”990″ gallery_height=”425″ cycle_effect=”fade” cycle_interval=”3″ show_thumbnail_link=”0″ thumbnail_link_text=”[Show thumbnails]” order_by=”sortorder” order_direction=”ASC” returns=”included” maximum_entity_count=”500″]The games were judged by Christi Zito, Steve Zito, and Tommy Chisholm (Zito∙Russell Architects), Tyler Marquette (Fishman Haygood), Tommy Buckel (Duplantis Design Group), Misty Labat (IBERIABANK) and Kasey Dorr (RCI). Dick Cyr served as the event emcee. Fidelity Bank, Smoothie King, Captain’s Tasty Treats, and Standard Coffee provided participants with food and beverages throughout the day.
The Gold Medal overall went to the Raspberry Berets. Congratulations to Beezie Landry, Charles Barclay, Cyndie Quave, Gena Randall, Lynn Blanchard, Marty Mayer, Rebecca Pritchard, Sonia Shoemaker, Kelly Wellmeyer, and Saban Sellers! The Pistachios took home the Silver Medal—Ellen McCain, Jaime Burchfield, Jeanne Taravella, Jeff Marshall, Lesia Richardson, Morgan Lera, Susan Maher, Mark Salvetti, and Griffin Lennox. Splash Money secured the Bronze Medal—Carly Plotkin, Craig Oser, Johnny Tolson, Justin Toomey, Valda Butler, Cheri Magee, Patrick Malik, Jan Kinard, Peggy Foots, and Jill Meeks.
A special thanks to all of our sponsors, supporters, and Team Stirling for your generosity. Major sponsors include BXS Insurance, Brasfield & Gorrie, Fishman Haygood LLP, Richard Price Contracting Co., Duplantis Design Group PC, Zito∙Russell Architects PC, Capital One, Hancock Whitney Bank, IBERIABANK, Walker & Dunlop, RCI, Acadia Land Surveyor, Louisiana Landscape, Berkadia Commercial Mortgage, BH Management, Vinson Guard Service Inc., Associated Building Services LLC, Kent Design, Regal Construction, Red River Bank, VergesRome Architects, Stratum Engineering LLC, Baker Donelson, and Fidelity Bank.
And a big shout-out to the Stirling Stewardship Committee and the Olympics Committee for all their hard work organizing the event and making it happen! You all deserve a gold medal.
#StirlingProud
Thank you to Precision Metal Inc., Jones Walker, CSRS Inc., Eustis Mortgage, First Bank & Trust, Gallo Mechanical, Jimmy Maurin, PGIM Real Estate Finance, Bellingrath Wealth Management LLC, Armstrong Property Services, Ogden Painting, Robert Refrigeration, James Hudson, Jones Swanson Huddell & Garrison LLC, Roger Ogden, Acadiana Lighting & Signs, Construction South Inc., SCS Electric Inc., Sun Interiors, E. Cornell Malone Corp., Postlethwaite & Netterville, Yardi Systems Inc., Precision Waste Solutions LLC, CBL, Cleco, The Lemoine Company, Tudor Inc., Newmark Knight Frank, Netchex, Real Estate Tax Group LLC, Metairie Bank, River Parish Disposal, Certified Air Conditioning, Dixie Office Products, Big Easy Parking Lot Maintenance, Gulf South Electric, Covington Electric Services Inc., Metro Mechanical Inc., Geiger Heating & Air, CSSI, Roth Law Firm LLC, Ryan Gootee General Contractors LLC, Jones Fussell LLP, Larry Loyd Construction Co. Inc., Trimark, ITS Fire Alarm Security, Premium Parking, Champion Security, Southeastern Waterproofing, PMAT Real Estate Investments LLC, Palmisano Group, Robert Levis Development LLC, Mullin Landscape Associates, Premier Service Team LLC, Calcasieu Mechanical Contractors Inc., Codaray Construction LLC, Precision Concrete Cutting of Louisiana, Professional Maintenance Services, Cook Moore & Associates, Jeffrey Lipp Parking Lot Services, Angelo’s Landscaping, Unit Design Inc., Chrestia & Staub Inc., B&G Lawn Maintenance LLC, Dale’s Paving Inc., Gene Nims Builders, McNeer Electrical Contracting Inc., CertaPro Painters, Huseman, Thermal Products Inc., Just Chillin, Crystal Clean Sweeping, Landry’s Lawn, ACA Mechanical Industrial Inc., T.L. Construction LLC, Grass Unlimited, C J Ladner – State Farm Insurance Agent, and Sign Lite.
Stirling Properties To Redevelop Old Metairie Village in Metairie, Louisiana
Stirling Properties announces the $2.5 million renovation and redevelopment project of Old Metairie Village shopping center, an 84,400-square-foot, 3-story mixed-use development located at the corner of Metairie Road and Focis Street in Metairie, Louisiana.
Plans for the project consist of an overall upgrade to the entire façade, including the addition of architectural shingles and standing seam metal roofing, renovated walkways, new awnings, upgraded lighting and landscaping, and painting of the entire center. The general contractor on the project is Trimark Constructors LLC, and the architect is Steve Zito with Zito∙Russell Architects, P.C.
The redevelopment of the center will be completed in two initial phases. Construction will commence in mid-June on Phase I of the project, which includes the north and west buildings and upgraded lighting in the parking lot, and is slated for completion in early November of 2018. Phase II of the renovation encompasses the two eastern buildings. Construction on the second phase is planned to begin in late December and will wrap up in early spring of 2019.
Old Metairie Village is currently comprised of upscale retail occupying the first floor and medical and office tenants occupying the second and third floors. The center is 98% leased. Tenants include U.S. Post Office, Massage Envy, GNC, CC’s Coffee House, Zoës Kitchen, Metairie Bank & Trust, Verizon, Longbranch Healthcare, Boudreaux’s Jewelers, Subway, Poke Loa, and more. Stirling Properties manages and leases the property. It is owned by Old Metairie Village Limited Partnership.
“To keep pace with the tremendous growth in the Old Metairie neighborhood and surrounding areas, Stirling Properties is excited about the redevelopment of this upscale community retail center,” said Grady Brame, Executive Vice President of Stirling Properties. “Old Metairie Village will continue to offer the same great mix of tenants, but will now have a more modernized feel to better position it to serve the surrounding community for many more years to come.”
Stirling Properties manages more than 19.3 million square feet of property across the Gulf South region, including retail, office, industrial, medical, residential, and mixed-uses. Other notable Stirling Properties projects in the area include Oakridge Place Shopping Center (Metairie), Mid-City Market (New Orleans), Magnolia Marketplace (New Orleans), and Pan American Life Center (New Orleans).
For leasing information, contact Joe Gardner, CCIM, at jgardner@stirlingprop.com or (504) 200-5730.
Stirling Properties’ Commercial Agents Among Top Industry Producers In The Greater New Orleans Area
Stirling Properties commercial real estate agents were recently honored for outstanding industry achievements and transactions during the New Orleans Metropolitan Association of REALTORS® (NOMAR) Commercial Investment Division’s (CID) 25th Annual Achievement Awards ceremony.
(Pictured L to R: Chris Abadie, Sonia Shoemaker, Carly Plotkin, Lauren Ryan, Joe Gardner, Melissa Warren, and Gaines Seaman)
Gaines Seaman receives the F. Poche Waguespack Award
Gaines Seaman, Sales & Leasing Executive, earned the Overall Top Producer of 2017 and was the recipient of the prestigious F. Poche Waguespack Award for outstanding achievement with a sales and leasing volume of more than $33.9 million. Seaman was also awarded for Top Landlord Office Lease and Overall Top Office Producer. Additionally, he was instrumental in brokering the deal that earned Stirling Properties 2nd Place for Largest Transaction Award to a Company with the recent 178,000-square-foot office lease to DXC Technology in New Orleans’ CBD.
Rhonda Sharkawy, Senior Retail Leasing & Development Executive, was the overall top retail producer in the greater New Orleans area with a sales and leasing volume of nearly $38 million in 2017. She received the newly created designation of Overall Hall of Fame for Retail Achievement. She was also awarded Top Landlord Retail Lease and Most Transactions for 2017. A Hall of Fame was created in 2014 after Sharkawy received the F. Poche Waguespack Award five years in a row.
Lauren Ryan, Sales & Leasing Executive; Melissa Warren, CCIM, Sales & Leasing Executive; and Beezie Landry, Vice President of Investment Advisors were among Production Award recipients for obtaining total commercial credit sales and leasing of more than $2.5 million.
With forty agents and ten offices spanning the Gulf South region, Stirling Properties’ brokerage team specializes in all aspects of commercial real estate including retail, office, industrial, and investment sales. In 2017, our commercial brokers completed 651 transactions totaling 5.1 million square feet, with a total commercial volume of over $318 million.
What’s Happening at Fremaux Town Center & Fremaux Park?
Stirling Properties is pleased to announce new tenants and development updates at Fremaux Town Center and Fremaux Park in Slidell, Louisiana.
Fremaux Town Center:
- The Lost Cajun, a new-to-market Cajun-themed restaurant concept, will occupy 3,790 square feet of space in the former Felipe’s Mexican Taqueria location on Town Center Parkway and plans to open in the late summer to early fall. The Lost Cajun will serve gumbo, jambalaya, red beans and rice, etouffee, beignets, and other Louisiana fare. The chain currently has 17 restaurants throughout Colorado, Texas, Tennessee, and South Carolina. This marks the 1st Louisiana restaurant for the franchise.
- Men’s Wearhouse is also joining the tenant line-up at Fremaux Town Center. The men’s clothing and accessories retailer will occupy a 3,500-square-foot space located at 750 Town Center Parkway between Charlotte Russe and Torrid and plans to open in November.
- Previously announced, Pizza Platoon is still on schedule to open its first restaurant location later this summer. The fast-casual pizza eatery will be located on the east side of Levis Lane, next to Kay Jewelers.
Ryan Pécot, Senior Retail Leasing & Development Executive with Stirling Properties, handled the lease transactions.
Fremaux Town Center, anchored by Dillard’s, Dick’s Sporting Goods, Kohl’s, and Best Buy, is part of the roughly 350-acre regional mixed-use development located at the southwest corner of Interstate 10 and Fremaux Avenue in Slidell, Louisiana. The retail center includes more than 640,000 square feet of shopping and restaurant options. Fremaux Town Center is jointly owned and operated by CBL Properties and Stirling Properties.
Tenants include Albasha Greek & Lebanese Restaurant, Allure Spa, Aveda, Bath & Body Works, Bellagio Nail Spa, Best Buy, BJ’s Restaurant & Brewhouse, Books-A-Million, Buckle, Capital One, Carter’s, Charlotte Russe, Cheddar’s, Chico’s, Chipotle Mexican Grill, Claire’s, Dentists of Slidell, Dick’s Sporting Goods, Dillard’s, dressbarn, Exit 16 Boutique, European Wax Center, Five Below, Five Guys Burgers & Fries, Forever 21 Red, Francesca’s, GNC, Goodyear, Great American Cookie Company, Journeys, Kay Jewelers, Kirkland’s, Kohl’s, LA Fitness, Lane Bryant, LensCrafters, LOFT, Longhorn Steakhouse, Luxe 83, Marble Slab, Massage Envy, Mattress Direct, Men’s Wearhouse (coming soon), Michaels, Off Broadway Shoe Warehouse, Panera Bread, Payless Shoes, PetSmart, Pier 1 Imports, Pizza Platoon (coming soon), Rack Room Shoes, Red Robin, Rock N Roll Sushi, rue21, Smoothie King, Sports Clips, Starbucks, Tesla (charging stations), The Lost Cajun (coming soon), T.J.Maxx, Torrid, ULTA Beauty, Verizon Wireless, Versona, Victoria’s Secret, Which Wich, and Zales.
For leasing information, contact Ryan Pécot at 337.572.0246 / rpecot@stirlingprop.com or Michael Oswald at 423.490.8272 / mike.oswald@cblproperties.com.
Fremaux Park:
The adjoining Fremaux Park includes Springs at Fremaux Town Center’s 296 luxury residential apartment units and Springhill Suites by Marriott soon under construction. Additional phases are coming soon with added residential, retail, and office park. Fremaux Park is a Stirling Properties mixed-use development.
- Recently announced, Saltgrass Steak House has started construction on its site in Fremaux Park and is on track to open late this fall.
For sales or leasing information, contact Ryan Pécot at 337.572.0246 / rpecot@stirlingprop.com
