DXC Technology Signs Lease For Office Space In New Orleans
Stirling Properties Brokers Deal At 1615 Poydras Street
Stirling Properties was recently part of the brokerage team that landed DXC Technology in its new office location in New Orleans, Louisiana. DXC Technology has reached a lease agreement for multiple floors of the Freeport McMoRan Building located at 1615 Poydras Street, across from the Mercedes-Benz Superdome in the city’s Central Business District. Gaines Seaman, Stirling Properties’ Sales & Leasing Executive, represented the building owner in the transaction.
DXC Technology will initially occupy two floors of the building and is expected to begin operations in January of 2018. The company has future options to lease up to 10 floors representing a total of 178,000 square feet of commercial space. Freeport McMoRan Inc. will continue to maintain a major presence in the building and in New Orleans, according to a release issued by Louisiana Economic Development (LED).
The Freeport McMoRan Building will house the permanent operations for DXC Technology’s new Digital Transformation Center in New Orleans, where the company will eventually employ 2,000 professionals in one of the largest economic development deals in the history of Louisiana.
The announcement that DXC Technology had selected New Orleans to establish its Digital Transformation Center was regionally celebrated back in November. This economic development win further solidifies the emergence of New Orleans as one of the top cities for young professionals to live and work, and reinforces the momentum of our area as a major technology hub. Stirling Properties is proud to have been a part of this historic accomplishment for our region.
#StirlingProud
Come Celebrate Christmas at the Square!
The magic of Christmas returns to Hammond Square with the 5th Annual Christmas at the Square celebration in Hammond, Louisiana. Join us on Saturday, December 9th from 10am-12pm for a holly, jolly time. This FREE event is open to the public and fun for all ages!
Santa and Mrs. Claus will be on hand to visit with guests, listen to Christmas wishes, and get a start on their naughty or nice list. The celebration will feature a petting zoo, pony rides, face painting, a caricature artist, the Bayou Selfie photo booth, a live radio remote with Cajun 107.1, and more.
During the event, Hammond Square will also be collecting nonperishable food items to donate to Our Daily Bread food bank. Each person to donate a food item from 10am-12pm on December 9th will receive a raffle ticket for a chance to win a Hammond Square Holiday Prize Pack (prize value of more than $350). The recipient will be selected live on the radio at the conclusion of Christmas at the Square. Winner need not be present to win.
So come out and celebrate Christmas at the Square with us…and Santa Claus! While you’re there, don’t forget to visit some of Hammond Square’s great retail stores and restaurants for all your Christmas shopping and holiday needs.
Visit HammondSquare.com or “like” us on facebook.com/hammondsquare for a complete list of retailers and events.
Happy Holidays from Hammond Square!
Walmart Grocery Pickup Location Coming to Metairie, Louisiana
Stirling Properties commercial real estate company is pleased to announce a recent lease to Walmart for a new standalone grocery pickup location in Metairie, Louisiana. The highly visible property is located at 615 Veterans Memorial Boulevard, between Aris and Focis Streets, in the former Whitney Bank location.
Photo courtesy of Walmart
Walmart will be renovating the existing building to include a roughly 4,000-square-foot, 2-story distribution facility. Work is expected to commence within the month, with an anticipated opening by the end of 2017.
The new-to-market grocery concept allows customers to order products online and pick them up at a selected location, usually a Walmart store. According to the retailer, more than 30,000 items—including produce, meat, seafood, dairy, bakery items, as well as health and beauty products–can be ordered online and picked up for free at designated sites.
The new facility on Veterans Memorial Boulevard will mark the first standalone grocery pickup location in the greater New Orleans region, allowing shoppers the convenience of a drive-thru site without ever having to exit their vehicles or visit a Walmart store. This facility also adds an additional grocery pickup location for consumers aside from the existing Walmart store located at 8912 Veterans Memorial Boulevard in Metairie.
Walmart is working to enhance its curbside pickup services in an effort to provide the same low prices as in stores, along with convenience to save customers time and money. Walmart is rapidly expanding grocery pickup locations, bringing the number to more than 1,000 sites nationwide.
Joe Gardner, CCIM, and Carly Plotkin, Sales & Leasing Executives with Stirling Properties handled the lease transaction on behalf of the landlord.
“Stirling Properties is excited to bring this new-to-market concept to the greater New Orleans region, while putting this high-profile property back into commerce,” said Gardner. “Consumer shopping behaviors are changing—they want choices and they demand convenience. Walmart is on the front lines in the push to provide omnichannel options for grocery shopping, and we hope this is just the first of more pickup locations to come to our area.”
What’s Happening at Fremaux Town Center?
Stirling Properties and CBL Properties are pleased to announce and welcome new tenants to Fremaux Town Center in Slidell, Louisiana.
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Pizza Platoon has leased 2,500 square feet of restaurant space as part of a new building suite that was recently constructed on the east side of Levis Lane, across from LensCrafters. Build out is underway for the space and the eatery plans to open in the summer of 2018. Kay Jewelers occupies the additional 2,000 square feet and opened this past Wednesday.
Previously announced, Rock N Roll Sushi will celebrate its grand opening soon. European Wax Center is now open.
Ruth Garrett Way, a new road that connects Town Center Parkway and Bill Garrett Road (I-10 Service Road), opened for public access late this summer. This new infrastructure will provide access and utilities to open up another 50+ acres for development including the upcoming Springhill Suites.
Springhill Suites by Marriott is still on track to begin construction early next year and plans to open in the fourth quarter of 2018. The four-story hotel will have 88 rooms and will be located on the south side of the shopping center at the corner of Ruth Garrett Way and Bill Garrett Road.
Fremaux Town Center, anchored by Dillard’s, Dick’s Sporting Goods, Kohl’s, and Best Buy, is a roughly 350-acre regional mixed-use development located at the southwest corner of Interstate 10 and Fremaux Avenue in Slidell, Louisiana. The center includes approximately 635,000 square feet of retail and restaurant options, as well as Springs at Fremaux Town Center’s 296 luxury residential apartment units, and Springhill Suites by Marriott soon under construction. Additional phases are coming soon with added residential, retail, and office park.
Tenants include Albasha Greek & Lebanese Restaurant, Allure Spa, Aveda, Bath & Body Works, Bellagio Nail Spa, Best Buy, BJ’s Restaurant & Brewhouse, Books-A-Million, Buckle, Capital One, Carter’s, Charlotte Russe, Cheddar’s, Chico’s, Chipotle Mexican Grill, Claire’s, Dentists of Slidell, Dick’s Sporting Goods, Dillard’s, dressbarn, European Wax Center, Five Below, Five Guys Burgers & Fries, Forever 21 Red, Francesca’s, GNC, Goodyear, Great American Cookie Company, Journeys, Kay Jewelers, Kirkland’s, Kohl’s, LA Fitness, Lane Bryant, LensCrafters, LOFT, Longhorn Steakhouse, Luxe 83, Marble Slab, Massage Envy, Mattress Direct, Michaels, Off Broadway Shoe Warehouse, Panera Bread, Payless Shoes, PetSmart, Pier 1 Imports, Pizza Platoon (coming 2018), Rack Room Shoes, Red Robin, Rock N Roll Sushi, rue21, Smoothie King, Sports Clips, Springhill Suites by Marriott (coming 2018), Starbucks, Tesla (charging stations), T.J.Maxx, Torrid, Ulta Beauty, Verizon Wireless, Versona, Victoria’s Secret, Which Wich and Zales.
Fremaux Town Center is currently 97% leased, and jointly owned by affiliates of CBL Properties and Stirling Properties. Stirling and CBL manage and lease the property.
For leasing information, contact Ryan Pécot at 337.572.0246 / rpecot@stirlingprop.com or Tim Gilmore at 423.490.8358 / Tim.Gilmore@cblproperties.com
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.
Red or White Wine & Gourmet Center coming to The Wharf in Orange Beach, Alabama
Stirling Properties commercial real estate company is pleased to announce that Red or White Wine & Gourmet Center is coming to The Wharf, located in Orange Beach, Alabama. Jeff Barnes, CCIM, Stirling Properties’ Broker, handled the lease transaction.
Red or White Wine and Gourmet Center will occupy 2,852 square feet of water-front space on the Ground Floor of Levin’s Bend, Suite D-128 at The Wharf, and plans to open in October of 2017. This will be the third location for Red or White in the coastal Alabama region, with existing sites in Mobile and Fairhope. The locally owned company features a wide variety of globally sourced retail wine selections, as well as a wine and tapas bar with an original menu and unique environment.
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 376,000 square feet of commercial lease space, the current mix of tenants includes retail shopping and restaurant options, office and professional services, a 15-screen movie theater, a 112′ Ferris wheel, residential condominiums, convention space, meeting facilities, a 208-slip marina, a 132-room Springhill Suites by Marriott, and Burris Farm Market. Future plans include the development of prominent outparcels, including an exciting new zip line course scheduled to open in the fall of 2017.
For leasing information, contact Jeff Barnes, CCIM, at (251) 375-2496 or jbarnes@stirlingprop.com.
