Stirling Closes Sale of Westland Plaza in Jackson, MS
How Justin Langlois, CCIM, and Beezie Landry Sold a 214,000 SF Grocery-Anchored Shopping Center in Jackson, MS, Despite Significant Hurdles
Challenge
Selling a 214,000 SF grocery-anchored shopping center in Jackson, Mississippi came with significant hurdles. Investor skepticism about the Jackson market was a major barrier to generating competitive demand. Additionally, the property’s size and vacancy risk created underwriting challenges for many buyers. To complicate matters further, after initially securing a buyer, the deal fell out of contract and risked collapsing entirely.
Action
Justin Langlois and Beezie Landry led the investment sales effort with a national marketing campaign that drew interest from investors across the country. They secured five qualified offers from regional and national buyers, which enabled a competitive “Best and Final” process. When the initial contract fell apart, they worked directly with the buyer’s broker and buyer to re-structure terms, resolve concerns, and revive the deal. This success was possible through the collaboration of multiple Stirling service lines, property management, asset management, accounting, and leasing (with Allen Carr of NAI UCR), all of which strengthened the transaction.
Result
The property ultimately closed at a low double-digit cap rate, delivering strong value despite market headwinds. Securing multiple offers validated the asset’s strength, while reviving a terminated contract showcased the team’s persistence and problem-solving skills. This deal highlights Stirling’s ability to (1) leverage all internal service lines to add depth and credibility, and (2) rely on Beezie and Justin’s deal-making expertise to overcome obstacles and deliver results.
Testimonial
“Beezie, Justin and the entire Stirling team went above and beyond to get this deal across the finish line. Their persistence, creativity, and collaboration gave me confidence that the property was in the right hands.” – Jimmy Maurin
BJ’s Wholesale Club Coming to Foley, Alabama
Coming soon to Foley, AL! BJ’s Wholesale Club is preparing to break ground on its second Alabama location this fall at the corner of Hwy 59 and the Juniper Street Extension.
The project will feature a 106,370 SF store on a 14.27-acre site, complete with a fueling station to provide even greater convenience for members. This marks an exciting milestone as the very first wholesale club in South Baldwin County, offering Foley residents and surrounding communities easier access to affordable bulk shopping, exclusive savings, and a wide variety of products all under one roof.
Congratulations to Andrew Dickman for representing the seller in this transaction and helping bring this major retail development to the area.
7 Brew Slidell, LA Coming Soon!
BIG NEWS, ST. TAMMANY!
Stirling is excited to announce that the very first 7 Brew Slidell location is officially on its way! Opening this winter at 1648 Gause Blvd., this highly anticipated drive-thru coffee shop will introduce a fresh and energetic new option for coffee lovers across St. Tammany Parish.
Known for its upbeat service and wide range of handcrafted drinks, 7 Brew has quickly become a favorite in communities across the country. From lattes and cold brews to flavored energy drinks and teas, the brand is redefining what it means to grab coffee on the go. With its focus on fast, friendly service and customizable drink options, 7 Brew Slidell is set to become the new go-to stop for morning commutes, afternoon pick-me-ups, and everything in between.
The Slidell opening also represents a milestone for the Metro New Orleans area. Tenant representatives Carly Plotkin and Benjamin N. Graham, CCIM have been instrumental in bringing 7 Brew to the market, and Stirling is proud to be part of introducing this exciting brand to the region. The addition of 7 Brew Slidell further highlights the growth and demand for unique dining and beverage experiences throughout St. Tammany Parish.
Whether you’re a longtime local or just passing through, the new 7 Brew Slidell location promises to deliver more than just coffee, it’s bringing a whole new vibe. With a reputation for creating “drive-thru energy spots” where friendliness and speed meet flavor and fun, this concept is about to change the way the community thinks about their daily brew.
How to Turn a Vacant Lot into a High-Demand Asset
How Justin Langlois CCIM and Seth Citron Transformed a Vacant Lot into a High-Demand Asset
Challenge
The Lake Charles Power Centre parcel had been sitting vacant for years, creating uncertainty around buyer interest. Many investors overlooked the lot, assuming limited demand and development potential.
Action
Justin Langlois, CCIM, and Seth Citron launched a competitive marketing strategy, positioning the property as a rare opportunity within a high-traffic retail corridor. Their outreach extended to both regional and national investors, creating strong visibility for the listing. Interest surged, resulting in more than 37 qualified bids, far exceeding expectations for a long-vacant site.
Result
The advisors guided the seller through a fast-moving, highly competitive process, leveraging multiple offers to negotiate optimal terms. The property went from stagnant to sold, closing in less than 30 days.
Takeaway
This transaction demonstrates how Stirling’s market expertise, strategic positioning, and deal execution can transform even a long-vacant asset into a high-demand opportunity.
Congratulations to Justin Langlois, CCIM, and Seth Citron on representing the seller.
Making Waves in Mobile
Stirling is proud to share that Pool & Spa Superstore has officially leased 9,000 SF at 2381 Dawes Road in Mobile, Alabama, a prime location for making a splash in the market!
Congratulations to Jay O’Brien, CCIM, for representing the tenant in this transaction.
Stirling Gives Back at the Northshore Food Bank
Last Friday, our Covington office came together as a team to volunteer their time in service to our neighbors at the Northshore Food Bank From sorting and organizing donations to supporting hunger relief efforts, our team was honored to contribute to a cause that directly impacts families across the Northshore.
You can make a difference too, visit www.northshorefoodbank.org to learn more and support their mission!
