Stirling Properties Names Brad Stillwagon As New General Manager of Pan-American Life Center in New Orleans
Stirling Properties announces Brad Stillwagon as the new General Manager of the Pan-American Life Center in New Orleans, Louisiana. He will be stepping into the role upon the retirement of the building’s long-term General Manager, Nancy Rome.
Stillwagon has been with Stirling Properties since early 2019, serving as both an Asset and Property Manager of more than 2,000,000 square feet of retail, medical and office properties across the Gulf South. He received his Bachelor of Science degree in Accounting and Business Administration from Washington and Lee University and is actively involved in the W&L New Orleans Alumni Chapter. Stillwagon holds the designation of Certified Commercial Investment Member (CCIM) and is active in the Louisiana CCIM Chapter. He is a Young Leader with CoreNet Global, a network of corporate real estate executives focused on the strategic real estate needs of Fortune 500 Companies, and is pursuing a Master of Corporate Real Estate with a specialization in Workplace Strategy (MCR.w).
Prior to joining Stirling Properties, Stillwagon served as Vice President – Real Estate Team Lead with Hancock Whitney Bank, where he worked in Asset and Transaction Management. He currently resides Uptown with his wife and three sons.
In addition to his General Manager duties, Stillwagon will continue to serve as the Asset Manager for many of Stirling Properties’ Southshore properties, including Mid-City Market, Offices at Mid-City Market, Magnolia Marketplace, Old Metairie Village and Oakridge Place.
“Stirling Properties is pleased to announce Brad Stillwagon as the new General Manager of the Pan-American Life Center. We have a great group of talented professionals and building engineers working closely with Brad to ensure a smooth transition. We are confident our team will continue to provide first-class service and support for the office tower and building tenants,” said Grady Brame, Executive Vice President with Stirling Properties. “We’re also excited about the remarkable renovations to the Pan-American Life Center that we believe uniquely positions it as one of a kind in the New Orleans CBD and enhances its long-term success.”
The Pan-American Life Center is recognized as one of New Orleans’ most prestigious office towers, boasting high-quality tenants in addition to housing the national and regional headquarters of many premier corporations. Built in 1980, the granite-clad, Class A trophy tower encompasses roughly 673,000 square feet of office and retail space, as well as an eight-story parking structure. Office tenants include Pan American Life Insurance Group, IBERIABANK, Morris Bart Law Offices, McGlinchey Stafford, Merrill Lynch and Stirling Properties. First-floor retail tenants include Smoothie King, Starbucks, Tsunami and IBERIABANK. Stirling Properties’ affiliates own the property and are the exclusive management and leasing agents for the Pan American Life Center.
Stirling Properties recently completed a $7 million redevelopment of the property, including a renovated café, state-of-the-art conference center and upgraded ground floor lobby to better position the building in the evolving office landscape.
Stirling Properties Announces Grand Opening of Chipotle at Hammond Square in Hammond, Louisiana
Shopping center nearing completion of multi-tenant retail redevelopment project.
Stirling Properties announces Chipotle Mexican Grill will celebrate its grand opening at Hammond Square shopping center on Thursday, August 27th. An official (socially distanced) grand opening and ribbon-cutting ceremony will be held in partnership with the Greater Hammond Chamber of Commerce.
The new fast-casual restaurant specializes in build-your-own tacos, burritos, salads and bowls, and will feature a Chipotlane, the brand’s drive-thru mobile/digital order pick-up lane, where customers can retrieve pre-placed orders without leaving their car. Chipotle will be located on Hammond Square Drive near the entrance to the shopping center.
Five Guys restaurant will also occupy 2,450 square feet of space right next door to Chipotle and is expected to open in early October of this year.
Stirling Properties commercial real estate company is nearing completion on the $15 million multi-tenant redevelopment project at Hammond Square. Demolition of the former Sears and Rite Aid buildings was completed last year to make way for the new retailers.
Five Below and PetSmart opened in the shopping center earlier this year. Michaels, HomeGoods and Walk-On’s Sports Bistreaux are also expected to join the tenant lineup with projected opening dates to be announced.
Rhonda Sharkawy, Senior Retail Leasing & Development Advisor with Stirling Properties, handled the lease transactions on behalf of the landlord.
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. It is the 2nd largest open-air center in Louisiana encompassing over 852,000-square-feet of more than 40 national and local retailers, shops and restaurants, including Dillard’s, Target, The Home Depot, JCPenney, Academy Sports+Outdoors, Best Buy, T.J.Maxx, ULTA Beauty, Books-A-Million and AMC Theatres. Stirling Properties redeveloped Hammond Square and currently manages and leases the center.
For more information on Hammond Square, visit www.hammondsquare.com or facebook.com/hammondsquare. For leasing and sales information, contact Rhonda Sharkawy at (504) 620-8145 or rsharkawy@stirlingprop.com.
New Tom Thumb Development Planned for The Wharf in Orange Beach, Alabama
Rendering courtesy of Stirling Properties/LK Architecture
Stirling Properties announces a new Tom Thumb development planned for The Wharf mixed-use property in Orange Beach, Alabama.
Tom Thumb recently purchased 3.94 acres of land located at the intersection of Canal Road and Wharf Parkway East in Orange Beach for the development of a Tom Thumb convenience store, gas pumps and car wash. Other planned improvements for the property will also incorporate a Burger King and Cinnabon. Construction is expected to commence soon.
Jeff Barnes, CCIM, Senior Advisor with Stirling Properties, represented the seller in the transaction. Lydia Franz, with Re/Max of Orange Beach, represented Tom Thumb.
Positioned on 222 acres along the south side of the Intracoastal Waterway in Orange Beach, Alabama, The Wharf is one of the most dynamic and inviting mixed-use destinations along the Gulf Coast. Consisting of more than 380,000 square feet of commercial lease space, the current mix of tenants includes retail shopping, entertainment, bar and restaurant options, office and professional services, a 15-screen movie theater, a 10,000-seat amphitheater, a 112′ Ferris wheel, residential condominiums, convention space, meeting facilities, a 170-slip marina, and a 132-room SpringHill Suites by Marriott. Sites and land for additional development and build-to-suit also exist.
For information about available real estate at The Wharf, contact Jeff Barnes, CCIM at (251) 375-2496 or jbarnes@stirlingprop.com.
Real estate scholarship fund established for Tulane University graduate students in New Orleans, Louisiana
Stirling Properties announces the Maurin Ogden Tulane Real Estate Fund, a new academic scholarship opportunity for Tulane University graduate students pursuing a real estate or related degree.
In partnership with Tulane University and ICSC (International Council of Shopping Centers) Foundation, the Maurin Ogden Tulane Real Estate Fund focuses on academic and professional development for graduate students enrolled in the A.B. Freeman School of Business and School of Architecture. Underwritten by Jimmy Maurin and Roger Ogden, founders of Stirling Properties, the new fund will distribute $10,000 a year for academic awards over the next ten years.
As part of the fund, one (1) $5,000 scholarship will be awarded each year for qualified tuition and related expenses. The scholarship recipient will also receive ICSC Student Membership and participation in the ICSC Mentorship Program specifically designed for emerging real estate professionals who are seeking to develop their careers and build relationships in the commercial real estate industry.
In addition, five (5) Conference Awards will be given annually for students, providing all-expense-paid attendance to ICSC RECon in Las Vegas, the world’s largest retail real estate convention, offering the students valuable exposure to industry leaders and potential employers.
Working with the ICSC Foundation, Stirling Properties has been actively involved in leading efforts to help create and maintain a pipeline of diverse and robust talent for the future of the commercial real estate industry. The company established a similar scholarship program at LSU in Baton Rouge, Louisiana, where it has been instrumental in introducing students to academic and career placement opportunities over the past several years.
“This is an extraordinary opportunity for us to invest in the future of our industry, while also supporting our local communities,” said Maurin. “We are thankful for ICSC’s partnership in helping us to expand this program to Tulane University students and build awareness for real estate among young people entering the job market. Our goal is to attract and develop the best and brightest talent pool for the commercial real estate industry—the next generation of leaders in our businesses.”
“Thank you to Stirling Properties’ founders, Jimmy Maurin and Roger Ogden, for their generosity and continued commitment to educational and professional development. The Maurin Ogden Tulane Real Estate Fund will create meaningful opportunities for students to connect with industry professionals, access valuable educational resources, and participate in experiential learning. As a recent graduate of the Tulane MBA program, I know how impactful this scholarship and partnership will be, and I am proud to now help with these efforts,” said John Woodard, Development Manager with Stirling Properties.
The Maurin Ogden Tulane Real Estate Fund is expected to be awarded this fall and will be established and administered by Tulane University according to its policies and procedures for non-endowed funds.
Stirling Properties Awarded Management & Brokerage Assignment for BB&T Building in Foley, AL
Renovations & exterior updates planned for the office/retail space.
Stirling Properties commercial real estate company was recently awarded the exclusive property management and brokerage assignment for the BB&T Building located at 200 West Laurel Avenue in Foley, AL.
The 21,403-square-foot building is positioned in downtown Foley’s historic business district, one block west of the intersection of Highway 59 and Highway 98. It is anchored by BB&T Bank.
Stirling Properties is working with the property owner on renovations to the building, including modifications and modernization of the interior to convert the former bank lobby into a flexible work/event space. It is anticipated that the second-floor former bank office will be a single office user or divided into smaller office suites. Other plans include the redesign of the landscaped area facing the intersection of West Laurel and South Alston Streets to create an outdoor plaza with seating.
Stirling Properties’ commercial advisors Amanda Goldman and Jason Scott are the leasing agents for the property and are working to fill the remaining office and retail space. Approximately 16,000 square feet of space is available for lease on the upper and lower levels.
“We are thrilled to be involved in the management and leasing of the BB&T Building. It’s a beautiful property offering prime commercial space in a high-growth area of Foley,” said Goldman. “This building will continue to play a vital role in downtown Foley’s live, work, play environment. Stay tuned for updates on renovations and the upcoming open-house to be announced soon.”
Stirling Properties is located at One St. Louis Centre, 1 St. Louis Street, Suite 4100 in Mobile, Alabama, and 220 West Garden St., Suite 802 in Pensacola, Florida. The company manages more than 20 million square feet of commercial property across the Gulf South region, including office, retail, industrial, medical, multifamily and mixed-use real estate assets.
For leasing information, contact Amanda Goldman at agoldman@stirlingprop.com / 251-375-2490 or Jason Scott at jscott@stirlingprop.com / 850-418-6792.
For asset & property management information, contact Robin Hayles at rhayles@stirlingprop.com or (251) 342-7229.
Major Renovations Coming to Pan American Life Center in New Orleans’s CBD
Pan American Life Center Lobby Rendering
New cafe and food options, state-of-the-art conference center and upgraded lobby.
Stirling Properties announces major renovations to the Pan American Life Center, a 673,000-square-foot premier office building located at the corner of Poydras Street and St. Charles Avenue in New Orleans, Louisiana. Construction is currently underway for a $7 million redevelopment project that will include a renovated café, state-of-the-art conference center and upgraded ground floor lobby to better position the building in the evolving office landscape. The café and conference center will continue to be managed by Sodexo.
The café-style restaurant will be located on the 11th floor, offering professional food service and enhanced menu options for building tenants, users of the conference center and surrounding customers. The renovation work on the 11th floor will feature a modernized dining area, upgraded furniture, new flooring, LED lighting and an exciting new menu. Construction began in early January and is expected to be complete in the summer of 2020.
Pan American Life Center Cafe Rendering
During the renovation, the existing café is closed; however, a new Café Micro Market has been opened in the lobby on the first floor adjacent to Smoothie King. The Micro Market is open daily, offering hot menu items such as breakfast, soups, salads, grab-and-go sandwiches and gourmet entrees.
A modern state-of-the-art conference center will be constructed on the 11th floor featuring high-tech audio/visual equipment, a tiered-seating auditorium and a variety of attractive catering packages. Following national trends of space utilization and the desire for open, collaborative work environments and flexible seating arrangements, the new conference center will offer multi-purpose meeting space available in various sizes and configurations. Conference room reservations are expected to begin in the second quarter, with the re-opening of the conference center early in the third quarter.
Renovations to the main lobby and building entrance began late last year and are nearing completion. Upgrades include a modernized, inviting lobby with brighter wall finishes, new furniture, LED lighting, renovated restrooms and installation of an electronic directory. Renovation work is expected to be complete just in time for Mardi Gras festivities.
“The renovations underway at the Pan American Life Center will uniquely position the office tower as one of a kind in the New Orleans CBD, offering new and improved amenities for existing and future tenants. These building enhancements will make our workplace more enjoyable, and also attractive in recruiting and retaining employees,” said Jose S. Suquet, Chairman of the Board, President & CEO of Pan-American Life Insurance Group.
“IBERIABANK is looking forward to the upgrades coming to the Pan American Life Center. As a major occupant of the building, we know that these improved amenities, along with the enhanced co-working and common areas, will be a huge benefit to the tenants, our existing and future workforce, and our customers,” said Hunter Hill, New Orleans Market President for IBERIABANK.
“Stirling Properties recognizes the changing office environment. Users want more collaborative, open floor plans, ample amenities and innovative trophy projects. These trends in the commercial industry increase the need for more curated properties,” said Grady Brame, Executive Vice President with Stirling Properties. “This renovation will better position the Pan American Life Center for long-term sustainability. It’s an investment in the future workplace that will make our building more attractive and functional for current tenants and new prospects.”
Pan American Life Center is recognized as one of New Orleans’ most prestigious office towers, boasting high-quality tenants in addition to housing the national and regional headquarters of many premier corporations. Built in 1980, the granite-clad, Class A trophy tower encompasses roughly 673,000 square feet of office and retail space, as well as an eight-story parking structure. Office tenants include Pan American Life Insurance Group, IBERIABANK, Morris Bart Law Offices, McGlinchey Stafford, Merrill Lynch and Stirling Properties. First-floor retail tenants include Smoothie King, Starbucks, Tsunami and IBERIABANK. Stirling Properties’ affiliates own the property and are the exclusive management and leasing agents for the Pan American Life Center.
For more information on the Pan American Life Center, visit www.panam-neworleans.com. For leasing information, contact Gaines Seaman at gseaman@stirlingprop.com or (504) 523-4481.
