So, what’s coming next for lenders and borrowers of CRE?

Commercial real estate today is extremely dynamic. Under “normal” circumstances, that is a positive thing, but in the context of the events over the last four months, dynamic is detrimental. There has been much discussion about accelerated uses of technology in the industry and how it will impact retail, office, hospitality, multi-family and industrial real …

President’s Message: Our Defining Moment

As we begin the process of reentry into our offices and slowly getting our properties and tenants reopened (under various phases and restrictions), I wanted to send out a heartfelt THANK YOU to everyone involved in this unprecedented—and ongoing!—journey over the past few months. I’ve been in the commercial real estate industry for quite some …

Now, Next & Beyond: The path forward for reentry into the office space

As the COVID-19 pandemic continues to rewrite the rules of daily life, both personally and professionally, every business must deal with the unprecedented challenges that few of us ever expected. We in commercial real estate need no reminder of the extraordinary times we are currently experiencing. The retail real estate sector remains the most immediately …

President’s Message: Your urgent help is needed

We are all experiencing the unprecedented ramifications of the COVID-19 pandemic. While the safety and well-being of our people are our highest concerns, many are also struggling with their businesses and livelihoods. We are just at the beginning stages of difficult times for the retail real estate industry, especially for many of our retailers. Countless …

Studer Community Institute (SCI) Building Awarded NAIOP 2019 Rehab/Repurpose Development of the Year

Stirling Properties serves as Property Manager & Broker for the iconic office tower in Pensacola, FL. The Northwest Florida Chapter of NAIOP, the Commercial Real Estate Development Association, recently presented its 2019 Rehab/Repurpose Development of the Year Award to the Studer Community Institute (SCI) Building in downtown Pensacola, Florida. Home of Studer Community Institute, the SCI Building …

Dana Inc. Celebrates Grand Opening of New Service & Assembly Center in Slidell, Louisiana

Marks another major milestone in the evolution of Stirling Properties’ development portfolio. Dana Incorporated (NYSE: DAN) announced that it has opened the doors to its nearly 32,000-square-foot industrial facility at Fremaux Park in Slidell, Louisiana, for the repair, service, and assembly of industrial gearboxes, including the ability to custom-make gears up to 6.5 feet (2 …

Ownership Change for Froogel’s Cost+Foods at Westland Plaza in Jackson, Mississippi

Stirling Properties announces the ownership change for Froogel’s Cost+Foods at Westland Plaza retail center in Jackson, Mississippi. Robert’s Company, Inc., a grocery operator headquartered in Hattiesburg, Mississippi, has acquired the grocery store, as well as 3 other McDade’s/Froogel’s in the Jackson Metro area. The ownership change was effective January 27, 2020. Froogel’s will close for …

Construction Nearing Completion for Redevelopment at Hammond Square

Former Sears and Rite Aid stores transformed into multi-tenant retail space. Stirling Properties commercial real estate company is nearing completion on the redevelopment project at Hammond Square shopping center in Hammond, Louisiana. Demolition of the former Sears and Rite Aid buildings was completed earlier this year to make way for the $15 million multi-tenant retail …

Why is it important to have Buyer/Tenant Representation?

Your business is growing, and you need more space. Maybe you’re planning to expand into a new market. Perhaps you’re an investor looking to build your portfolio. Regardless of the scenario, if you’re considering buying or leasing commercial real estate, you will be faced with the same challenges: Finding the right location, negotiating a fair …