The industrial sector continues to be a bright spot in the Baton Rouge commercial real estate landscape, despite concerns around rising interest rates, surging inflation, and economic uncertainty. Key fundamentals are strong, including low vacancy rates, rising market rent rates, and decreasing cap rates. Today’s sky-rocketing e-commerce sales, coupled with recent supply chain issues, have …
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Commercial Real Estate Outlook: Optimism Amidst Uncertainty
ICSC Las Vegas returned this spring—with a new format and brand—after a three-year hiatus due to the COVID-19 pandemic. Attendees and exhibitors rebounded, with higher than anticipated crowds; reported attendance was over 22,000. Optimism was abuzz, and the pure excitement of being back to in-person events. However, uncertainty still lingered on the minds of many …
All-new Community Honda coming to Lafayette, Louisiana
Stirling Properties brokered sale of 10-acres for new facility. Community Honda recently announced plans for an all-new state-of-the-art facility in Lafayette, Louisiana. The 10-acre future home of Community Honda is located along Highway 90 near the airport. It will include a 50,000-square-foot facility with over 30 service bays, a children’s play area, a café, and …
Stirling Properties Names Jared Lauderdale as Vice President Controller
Stirling Properties announces that Jared Lauderdale has been promoted to Vice President Controller. Jared previously held the position of Controller – Property Accounting, responsible for all tax matters in the company’s internally-owned portfolio. While most of his duties will remain the same, his role is also transitioning to being more involved in the business’s property …
Stirling Properties Develops New Ochsner Kidney Care Clinics Across GNO Area
Through a joint venture of Ochsner Health and National Renal Care (NRC), Stirling Properties is developing four Ochsner Kidney Care clinics across the greater New Orleans area. The clinics are new-to-market for Southeast Louisiana and expand healthcare service offerings for Ochsner Health and its patients. The facilities vary in size from 6,000-11,000 square feet, providing …