Baton Rouge Industrial Market Insights

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 …

President’s Message: The Butterfly Effect

Sometimes amidst all the noise, turmoil, and vitriol that seemingly bombard us endlessly, it can be difficult to pause and remember what’s truly important in life. And sometimes, that reminder can come in very unexpected ways. Recently, I have been reminded of how our individual actions, albeit small at the time, can have a ripple …

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 …

President’s Message: A Healthy Prognosis for Healthcare Real Estate

  The healthcare industry has rapidly evolved over the last few years. Having broad access to quality healthcare, both physical and digital (e.g., telehealth), has become critically important, and healthcare providers are creating innovative ways to deliver their products and services to their clients in the most efficient way possible.   Healthcare service providers are …

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 …

President’s Message: The Collision of Physical and Digital Retail

For quite some time now, you have undoubtedly seen the exaggerated headlines about the death of brick-and-mortar retail. How ecommerce—led by Amazon—would put physical stores out of business. How ironic is it now that these digitally native retailers are aggressively moving into the brick-and-mortar world? In fact, Amazon is very bullish on opening new physical …