Stirling Properties Acquires Open-Air Retail Center in Pace, Florida

Stirling Properties commercial real estate company announces the acquisition of Santa Rosa Commons retail center in Pace, Florida. The sale closed on Wednesday, September 11th at a purchase price of $26 million. This marks the first acquisition for the company in the state of Florida. Stirling Properties will also assume leasing and management duties of …

Stirling Properties Acquires $59.7M Rehab Hospital In Joint Venture With Ochsner

Stirling Properties, in a joint venture partnership with Ochsner Clinic Foundation, has closed on the acquisition of the new Ochsner rehabilitation hospital located at 2614 Jefferson Highway in Jefferson, Louisiana. This new addition to Ochsner’s Main Campus West is a five-story, 129,875-square-foot medical building. It will house three separate high-demand healthcare components, including Long Term …

Stirling Properties to Develop Medical Facility in LaPlace

Site Work Commences On New Home to Ochsner Medical Complex Stirling Properties is pleased to announce the acquisition of 11.93 acres of land in St. John the Baptist Parish for development of a new medical facility and additional commercial development. The site is located at the northwest corner of W. Airline Highway and N. Sugar …

Stirling Properties Announces Largest Retail Acquisition in Company History

Stirling Properties is pleased to announce the purchase of Turtle Creek Crossing shopping center in Hattiesburg, Mississippi, on Friday January 22nd, 2016, at a purchase price of $48.1 million. Turtle Creek Crossing is the largest retail acquisition by Stirling Properties in its 40-year history. Completed in 2007, the 295,000-square-foot shopping center is located on US …

Stirling Properties Completes Acquisition of 384 Multi-Family Unit in Lafayette, La

Stirling Properties is pleased to announce the acquisition of the 384 multi-family unit “Retreat at Acadian Point” (formerly South Point Apartments) in Lafayette, La. The August 28th closing brings Stirling’s total number of units under management to 1,512. This 80’s vintage complex will immediately begin significant upgrades including full size washer and dryers in all …

Pan-American Life Insurance Group Renews Poydras Street Lease and Reaffirms Commitment to New Orleans

Stirling Properties and Pan-American Life Insurance Group (PALIG), a leading provider of insurance and financial services throughout the Americas, announced this morning that they have renewed the lease on their 601 Poydras Street corporate headquarters office space through 2024. “601 Poydras has been home to Pan-American Life’s corporate headquarters since 1981,” explained José S. Suquet, …

Stirling Properties Completes Acquisition of Ansley Place Apartments in Houma, LA

Stirling Communities II, LLC, an entity of investors led by Stirling Properties, successfully completed their acquisition of Ansley Place Apartments. Ansley Place is a 246-unit “Class-A”, luxury garden-style apartment community located at 100 Ansley Place Court in Houma, Louisiana. Completed in 2008, the Property encompasses thirteen (13) two- and three-story apartment buildings, one (1) single-story …

Stirling Eight United Plaza LLC Acquires United Plaza VIII in Baton Rouge, Louisiana

Stirling Properties to Exclusively Manage and Lease the Class A Office Building Stirling Eight United Plaza LLC, an entity comprised of local investors led by Stirling Properties, acquired United Plaza VIII from Wink United Plaza LLC on November 25, 2013. Built in 1993, the 3-story, Class A office building is located at 8641 United Plaza …

Stirling Communities Update: Tiger Manor Improvements Completed!

Since our last Stirling Communities update, Tiger Manor has come a long way and the renovations are 100% complete!  The $1.4 Million in renovations were completed a couple months ago and included these major renovations: Complete exterior repaint of all buildings New primary entrance road off E. State Street Card Access Security Gate Systems New management office Pool Renovations Landscaping and Irrigation Parking Lot Repairs Tiger Manor is currently experiencing …

Stirling Communities Update: Tiger Manor Improvements

Tiger Manor, a 287-unit student housing property situated just outside the North Gates of LSU, was acquired in September 2012 and added to the Stirling Communities portolio of multi-family properties.  Since the acquisition, $1.4 Million in renovations to Tiger Manor are well underway, and are approximately 60% complete.  All renovations to the complex are expected to be complete by April 15, 2013. Major renovations include: Complete exterior repaint of all buildings …