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 …

Stirling Properties Names Samantha Marshall As Relationship Manager – Finance and Development

Stirling Properties is pleased to announce that Samantha Marshall has been promoted to Relationship Manager – Finance and Development. In this new role within the organization, Samantha will work to enhance the company’s investor relations, as well as play a more prominent role in securing debt and equity capital for its projects. Samantha has been …

Stirling Properties’ 3rd Quarter Portfolio Report Shows Positive Outlook

As the commercial real estate industry endures unrelenting disruption—specifically in the retail and office market segments—we have seen glimpses of a silver lining. Despite all the headwinds and negativity swirling, Stirling Properties’ outlook is optimistic moving into the 3rd quarter of 2019 compared to this time a year ago. A recent comparison of our overall …

President’s Message: Don’t just paint it on the wall

Company culture has become a catchphrase, often overused and undervalued. Its meaning and relevance in today’s workplace are fading. However, to me, company culture is not a buzzword. It’s not a byline or a slogan painted on the wall, or merely words printed on a t-shirt. It’s an attitude that is lived and nurtured every …

How Do I Calculate the Value of My Commercial Real Estate Property?

Whether you are looking to buy or sell a commercial real estate property, it’s important to be very clear on its value. Value is defined as the most feasible price the property could reasonably earn in an active, open, and competitive market when the transaction is approached fairly and knowledgeably by both buyer and seller. There are …