Stirling Properties Adds Two Advisors to Commercial Real Estate Team

Rankin Bihm recently joined the Stirling Properties team as an Advisor, working dually from the company’s Lafayette and Lake Charles offices. He is primarily focused on the sales and leasing of retail properties, with representation of both tenants and landlords. His specific geographical expertise is on the Southwest Louisiana market area. Prior to joining Stirling …

Putting For A Purpose

Stirling Properties’ Annual Stirling Invitational Golf Tournament Raises $25,000 for local charities! Stirling Properties hosted its 19th Annual Stirling Invitational Golf Tournament on Monday, November 11th at University Club Plantation in Baton Rouge, Louisiana. This year’s tournament successfully raised more than $25,000 for local charities! Although the original tournament date was unfortunately rescheduled due to …

What Does Triple Net (NNN) Mean?

The Popularity of NNN Deals Single-tenant, triple net (NNN) deals have become one of the most prevalent and often traded types in commercial real estate. However, despite the popularity, triple net deal structures are still commonly misunderstood by many commercial real estate practitioners. Triple net deals usually offer new, or nearly new real estate and …

Part #3 – Retail Site Selection for Drug Stores

Drug Stores Have Unique, Evolving Characteristics Around the turn of the century, the Drug Store War for “Class-A” corners erupted across the Gulf South.  Between the Rite Aid and K&B merger, as well as CVS and Walgreens aggressively competing for market share, the race was fast and furious. I distinctly remember sale prices exceeding $20/foot …

Stirling Properties Mixes Philanthropy & Fun

Inaugural Stirling Fest raises $60,000 for local nonprofits! Aloha. Stirling Properties celebrated our inaugural Stirling Fest last Friday, a day of Hawaiian-style fun and philanthropy to raise money for charitable causes throughout the Gulf South region. The event, hosted by the Stirling Stewardship Committee, was a HUGE SUCCESS, raising over $60,000 for local nonprofit organizations! Representing …

Stirling Properties Promotes Laura Wallace to Controller – Corporate Accounting

Stirling Properties is pleased to announce that Laura Wallace has been promoted to Controller – Corporate Accounting. In her new role, Laura will manage all of Stirling Properties’ corporate accounting functions, including, receivables, payables, cash flow and payroll. Laura has been with the company for nearly 14 years, and previously held the role of Corporate …

Retail Site Selection for Fast Food Restaurants or QSRs

Retail Trends Have Changed While smartphones and technological advances have created the convenience for consumers to do just about anything with the simple push of a button, somehow it seems our society has never been busier. We are always on the go. Studies have shown that on average, today’s consumer spends approximately 30% more time …

Retail Site Selection & Convenience Stores

Proximity & Accessibility of Retailers Since the beginning of time, retailers have strategically positioned themselves in a manner where they could capitalize on the disposable dollars that their target market spends. While technology advancements have enhanced the ability for consumers to buy certain products online and have them delivered right to their doorsteps, there are …