Halloween at Hammond Square
Calling little ghouls, goblins, princesses and superheroes to celebrate Halloween at Hammond Square!
Many children in Hammond, Louisiana, will be getting a head start on Halloween this year. Hammond Square is celebrating its 4th Annual Halloween at the Square event on Saturday, October 21st from 6-8pm for children ages 12 and under. The event is free and open to the public. Costumes are highly encouraged. Kids are invited to trick-or-treat at Hammond Square’s participating stores that will be stocked with candy and prizes throughout the evening. Visitors can start at any trick-or-treat station on Main Street. (Look for the trick-or-treat station sign to identify participating stores.)
Halloween at the Square is Hammond Square’s premier family-friendly event of the year. It offers Hammond area residents a safe, convenient and fun trick-or-treating experience, while providing increased traffic and exposure for the many great retail tenants at the shopping center. Last year’s event hosted more than 400 children and families!
“Hammond Square is a proud supporter of our community and we love inviting our neighbors out for fun, family entertainment. Halloween at the Square offers a safer, brighter and less scary atmosphere for children and their parents,” said Lindsey Palmer, Director of Property Services with Stirling Properties. “And we hope Halloween visitors will remember our stores for the upcoming holiday shopping season.”
According to an annual survey released earlier this month by the National Retail Federation and Prosper Insights & Analytics, Americans are expected to splurge on costumes and candy for a record $9.1 billion in Halloween spending this year—an increase of 8.3% from last year’s previous record of $8.4 billion. Additionally, 179 million Americans are expected to partake in Halloween festivities, up from 171 million in 2016, and a record number of adults (48%) plan to dress in costume this year. Those retail numbers are very encouraging for many local shopping centers this year—including Hammond Square.
Hammond Square is Tangipahoa Parish’s premier shopping destination, located on approximately 100 acres at the northwest corner of Interstate 12 and US Highway 51 Business (SW Railroad Avenue) in Hammond, Louisiana. Anchored by Dillard’s, Target, Sears, JCPenney, Academy Sports+Outdoors, and AMC Theatres, the 850,000-square-foot shopping center offers a dynamic mix of national and local retailers, shops and restaurants. Stirling Properties redeveloped Hammond Square and currently manages and leases the center.
Tenants include Academy Sports+Outdoors, Albasha Greek & Lebanese Restaurant, AMC Theatres, America’s Best, Bellagio Salon & Spa, Best Buy, Books-A-Million, Bra la Vie, Cato, Charming Charlie, Chase, Claire’s, Dillard’s, East of Italy, Foot Locker, GNC, Great American Cookies, Hibbett Sports, JCPenney, Justice, Kay Jewelers, LA Nails Spa, maurices, Menchie’s Frozen Yogurt, Nagoya Sushi & Japanese Steakhouse, Norris & Co. Salon, Obsession, Olive Garden, Popcorn Bistro, Raising Cane’s, Rite Aid, rue21, Santa Fe Cattle Co., Sears, Shane’s Rib Shack, Shoe Dept. Encore, Smoothie King, Sport Clips, Tailored, Target, The Children’s Place, The Home Depot, T.J.Maxx, ULTA Beauty, Verizon, Which Wich Superior Sandwiches, and Zales.
Connect with Hammond Square on the web at www.hammondsquare.com or “like” us on facebook.com/hammondsquare.
Ochsner Health System Announces Plans to Lease Former Louisiana Heart Hospital Property
Today, Ochsner Health System announced its plans to lease the former Louisiana Heart Hospital property in Lacombe, Louisiana. Stirling Properties acquired the 25-acre site earlier this month.
An official ceremony was held with Honorable Pat Brister, St. Tammany Parish President; Warner Thomas, President & CEO of Ochsner Health System; Patti Ellish, CEO of St. Tammany Parish Hospital; Bill Davis, CEO of Slidell Market SMH-Ochsner Partnership; Townsend Underhill, Sr. VP of Development for Stirling Properties; and St. Tammany Parish Council members and dignitaries.
Working together with each of its partners, St. Tammany Parish Hospital and Slidell Memorial Hospital, Ochsner plans to repurpose the building to open a Post-Acute Care Hospital to include long-term acute care, skilled nursing, and inpatient rehabilitation services in one convenient St. Tammany location. This effort will also result in job growth and expanded administrative services in the region by opening a dedicated North Shore Service Center.
“We are excited that this facility will once again be opened and provide much-needed medical services for our residents as well as jobs for our local healthcare workforce,” said President Brister. “We appreciate Ochsner’s commitment to St. Tammany Parish, and we look forward to another leading-edge healthcare facility, providing high-quality medical care.”
Townsend Underhill participated in the announcement to underscore Stirling Properties’ focus and commitment to St. Tammany Parish and the entire Gulf South region.
Stirling Properties has invested more than $350 million in St. Tammany and currently owns and operates 4 million square feet of commercial property, with assets throughout the parish—generating significant economic development opportunities, revenue, and job growth for the area and residents. Major projects in the parish include Northpark Corporate Center I & II in Covington, Premier Centre in Mandeville, Stirling Slidell in Slidell, River Chase in Covington, and Fremaux Town Center in Slidell, just to name a few.
In addition to growing its development and brokerage services, Stirling Properties is focused on acquisition and investment projects. The recently closed Louisiana Heart Hospital facility provided the company a chance to invest in a vital property and help to return it to commerce.
“This acquisition also provided us another opportunity to grow and diversify our portfolio as part of Stirling Properties’ overall growth strategy into new commercial real estate sectors within our existing footprint,” said Underhill. “Need and demand in the medical industry are growing, and so are our service lines to meet these local needs.”
Stirling Properties is thankful for its continued partnerships with Ochsner. The two companies have previously worked together on the recently announced $80 million medical clinic and micro hospital at The Grove in Baton Rouge as well as the recently completed and soon to open state-of-the-art Emergency Department and Imaging Center in LaPlace.
Stirling Properties looks forward to announcing future projects in the medical industry—and continuing to serve the commercial real estate needs of the Gulf South region.
What’s Going On at River Chase in Covington?
Stirling Properties Announces Exciting New Updates and Developments
The first phase of the Offices at River Chase, the Northshore’s premier office campus, has completed construction. Located at the southwest corner of Brewster Road and Stirling Boulevard, Phase I includes a Class-A, two-story, 45,000-square-foot office building located on 3.5 acres. It is accessible from both the LA-21 and Brewster Road interchanges on Interstate 12, and within walking distance to a host of amenities, including restaurants, a movie theater, and residential living options. The highly-renowned architectural firm, Wakefield, Beasley, and Associates, designed the base building, and Mandeville-based Greenleaf Lawson Architects served as the interior architect for the project. Tenant build-outs are now underway, and Duplantis Design Group, PC, will move into their new, 6,000-square-foot office space in mid-May. For more information on the Offices at River Chase and leasing opportunities, contact Ryan Murphy at rmurphy@stirlingprop.com or (985) 246-3771. Located across the street from the office building, Walk-On’s Bistreaux & Bar commenced construction on its new restaurant last November. Set on 1.82 acres on the northwest corner of Stirling Boulevard and Brewster Road next to Sam’s Club, this marks the 1st Northshore location for the highly-anticipated sports restaurant and bar. It will occupy roughly 9,600 square feet and is expected to open late this summer, just in time for football season. The Covington location will include a rooftop bar, The Upper Deck, an element unique to the design by Greenleaf Lawson Architects. The Upper Deck will feature group seating and additional space for catching a game.
Rooms-To-Go has opened its new 36,000-square-foot retail showroom located next to Zoe’s Kitchen on Stirling Boulevard. The impressive store is highly visible to Interstate 12 traffic. A Grand Opening celebration was held on Saturday, April 22nd. The furniture retailer relocated from its previous site on Highway 190 in Covington.
Construction on Springs at River Chase is complete, and all buildings are open. This project is a joint venture with Continental Properties. The new 296-unit luxury apartment community is located at the southwest corner of Interstate 12 and Brewster Road. The property features floor plans ranging from studio to three-bedroom apartments. Community amenities include a clubhouse, resort-style pool, 24-hour fitness center, dog park, attached and detached garages, car care center, and a pet spa. Occupancy remains high for the multi-family community. For more information and leasing on Springs at River Chase, contact Jan Rayburn with Continental Properties at (985) 327-1350.
Construction is underway for the newest addition to River Chase, the development of the Preserve at River Chase, a single-family luxury residential community, adjacent to the Springs at River Chase apartments. The Preserve development is a joint venture with Southern Lifestyle Development, which is renowned for its highly-acclaimed River Ranch residential community in Lafayette, Louisiana, amongst many other communities. Phase I of the Preserve will include the completion of 76 detached town and country homes. Infrastructure work has commenced and is expected to be complete in November, at which point the residential lots will be available for sale. Construction on the homes is expected to begin early 2018. River Chase is the Northshore’s premier master-planned development located amidst 253 acres on the southeast corner of Interstate 12 and LA Highway 21 in Covington, Louisiana. The mixed-use center includes approximately 945,000 square feet of retail and restaurant options, as well as a Holiday Inn Express, Regal Cinema, luxury residential apartment units, and a Class-A office building. Additional residential and office developments are coming soon. Stirling Properties developed River Chase and currently manages and leases the property. River Chase is a Louisiana Economic Development (LED) Certified Site. For more information, please visit www.stirlingprop.com. For retail leasing and sales, contact Rhonda Sharkawy at (504) 620-8145 or rsharkawy@stirlingprop.com. For office leasing and sales, contact Ryan Murphy at (985) 246-3771 or rmurphy@stirlingprop.com.
Stirling Properties Awarded Management of Pinnacle Nord du Lac in Covington
Stirling Properties commercial real estate company was recently awarded the facility management contract of Pinnacle Nord du Lac retail center, formerly known as Colonial Pinnacle Nord du Lac in Covington, Louisiana.
Pinnacle Nord du Lac, a regional shopping center owned by Dallas-based Cypress Equities, is located on the northeast corner of Interstate 12 and LA Highway 21. Currently, Pinnacle Nord du Lac is comprised of 327,000 square feet of existing retail space, with an additional 162,000 square feet of future retail expansion planned. The retail center is 97% leased, and anchor tenants include Kohl’s, Academy Sports + Outdoors, Hobby Lobby, and Petco, as well as multiple restaurant options. Corporate Realty handles leasing for the property.
Cypress Equities recently acquired Pinnacle Nord du Lac and is beginning construction of its Phase II to complete parking, drive-aisles, and buildings for 94,500 square feet of new lifestyle shop space that will be available in the summer of 2017. This lifestyle component will include local, regional and national fashion and restaurant selections.
“Stirling Properties is excited to take on the management duties of Pinnacle Nord du Lac and to see the property evolve. The new ownership group at Cypress Equities is very motivated, and we look forward to working with them to enhance this asset,” said Donna Taylor, SVP of Asset Management & New Business for Stirling Properties. “There is much potential here with plenty of room for future expansion. A new residential component on the neighboring property and future parish developments will also be positive contributors to the success of this center.”
Stirling Properties developed and manages the adjacent River Chase mixed-use center on the southeast corner of Interstate 12 and LA Highway 21, which houses national anchor tenants such as Target, Sam’s Club, Best Buy, Belk, JCPenney, Cost Plus World Market, Michaels, ULTA Beauty, and Regal Cinema.
Stirling Properties manages more than 17 million square feet of property, with more than 98 million square feet of property and land for sale or lease. Other notable Stirling Properties projects in the area include Premier Centre (Mandeville), Fremaux Town Center (Slidell), Hammond Square (Hammond), and Northpark Corporate Center (Covington).
For more information on Property Management/Asset Management, please contact Donna Taylor at dtaylor@stirlingprop.com or (985) 898-2022.
Field of Dreams
Earlier this week, The Miracle League Northshore broke ground on its new playing field and facility located at Coquille Parks and Recreation in Covington, Louisiana!
The Miracle League works with mentally and physically disabled children so they can participate in everyday sports. The Northshore division was founded in 2014 to bring The Miracle League to serve the children of St. Tammany, Tangipahoa, and Washington Parishes. Coquille Parks and Recreation donated the land, and after a years-long fundraising campaign, the group is finally ready to start construction of the field.
[wpvideo 55HcnFMe]Currently, the children play on a natural-grass field, but the dirt and grass design of a baseball or soccer field found in a typical youth sports program can be challenging and unsafe to maneuver from a wheelchair or with crutches used by many Miracle League participants.
The new Miracle Field will be a specially constructed surface that uses a cushioned, synthetic turf to accommodate wheelchairs and other walking-assistance devices that, along with appropriate support facilities, is designed specifically for use by children with disabilities.
Gina Lorio, Miracle League’s Executive Director, and Griffin Lennox, Stirling Properties’ Investment Sales Analyst
Stirling Properties selected The Miracle League as the beneficiary of our annual Stirling Olympics fundraiser last year. We were able to raise $28,000 to help fund the new playing field and provide local children with access to a safe playing environment! Stirling Properties’ Investment Sales Analyst, Griffin Lennox, is also an active volunteer with The Miracle League and serves as a “buddy” for participating children to help encourage learning and fun in sports.
The mission of Miracle League of Greater New Orleans and The Miracle League North Shore is to promote the health and well-being of children with disabilities, provide opportunities for non-disabled children to learn about and interact with children with disabilities, and develop community awareness and support for the child athlete with disabilities through organized sports leagues. The vision of the program is to provide any disabled child, regardless of their level of disability, the opportunity to play league games and enjoy the emotional and physical benefits of being part of a team.
#StirlingProud
Stirling Properties Welcomes The Home Depot to Hammond Square
Stirling Properties commercial real estate company is pleased to announce that The Home Depot is coming to Hammond, Louisiana, as part of the Hammond Square redevelopment. This will mark the first Tangipahoa Parish location for the long-awaited home improvement retailer.
The Home Depot closed on the acquisition of 9.65 acres of property located on the corner of West Minnesota Park Road and South Magnolia Street on the north side of the shopping center. Construction on the site is anticipated to commence by the end of the year. The store will occupy roughly 106,000 square feet of space with an adjoining 28,000-square-foot garden center, and is expected to open in 2017.
“We are excited that The Home Depot has chosen Hammond,” said City of Hammond Mayor Pete Panepinto. “The Home Depot brings more jobs and consumer choices that are critical to Hammond’s continued growth.”
The Home Depot is the world’s largest home improvement retailer with nearly 400,000 associates and more than 2,200 stores in the US, Canada and Mexico. The Home Depot at Hammond Square will offer a one-stop shop for do-it-yourselfers and professional contractors, with more than 35,000 products in store and 1 million products online.
“Stirling Properties is thrilled to welcome The Home Depot to Hammond Square and to the Hammond retail market,” said Grady Brame, Executive Vice President at Stirling Properties. “The Home Depot was one of the first retailers we targeted when we decided to redevelop the mall back in 2006. This addition has been a long time coming and we are happy to see it finally come to fruition.”
Hammond Square is Tangipahoa Parish’s premier shopping destination, located on approximately 100 acres at the northwest corner of Interstate 12 and US Highway 51 Business (SW Railroad Avenue) in Hammond, Louisiana. Anchored by Dillard’s, Target, Sears, JCPenney, Academy Sports+Outdoors, and AMC Theatres, the 850,000-square-foot shopping center offers a dynamic mix of national and local retailers, shops and restaurants. Stirling Properties developed Hammond Square and currently manages and leases the center.
Tenants include Academy Sports+Outdoors, Albasha Greek & Lebanese Restaurant, AMC Theatres, Bellagio Salon & Spa, Best Buy, Books-A-Million, Bra la Vie (coming spring 2017), Cato, Charming Charlie, Claire’s, Dillard’s, East of Italy, Foot Locker, GNC, Great American Cookies, Hibbett Sports, JCPenney, Justice, Kay Jewelers, Maurices, Menchie’s Frozen Yogurt, Nagoya Sushi & Japanese Steakhouse, Norris & Co. Salon, Obsession, Popcorn Bistro, Rite Aid, rue21, Sears, Shane’s Rib Shack, Shoe Dept. Encore, Sport Clips, Target, The Children’s Place, The Home Depot (coming 2017), T.J.Maxx, ULTA Beauty, Which Wich Superior Sandwiches and Zales. Outparcels tenants include Chase, Olive Garden, Raising Cane’s, Santa Fe Cattle Co., Smoothie King and Verizon.
For sales and leasing information at Hammond Square, contact Rhonda Sharkawy at rsharkawy@stirlingprop.com or (504) 620-8145.