Louisiana State University Takes 3rd Place (Again!) In Global ARGUS University Challenge
Continues to propel national spotlight on growing educational real estate programs at LSU
Stirling Properties commercial real estate company is pleased to announce students from Louisiana State University (LSU) E.J. Ourso College of Business were awarded 3rd place in the global 2017 ARGUS Software University Challenge.
Since 2011, ARGUS Software has hosted the competitive challenge for university students from around the world aspiring to be commercial real estate professionals. Through this challenge, students create real-world investment strategies through informed decisions using ARGUS Software solutions. The theme of the case this year was Pokémon GO! A panel of judges from the academic community and real estate industry participated in reviewing the case studies and nominating the winners.
More than 30 top real estate programs from universities worldwide participated in the competition. The University of San Diego won 1st place, Cornell University placed 2nd, LSU took 3rd, and UCLA earned an honorable mention.
The team from LSU—Garrett Choate, Whitney Gaulter, Matt Hingle, Tyler Tamboli, Sophie Weber, Jason Wyman, and Cassius Dsouza—was coached by Stirling Properties Vice President of Finance, Justin Landry. Landry serves as an adjunct professor teaching Finance 7720 (Commercial Real Estate Investing). This is the 6th year he has taught the course and the 6th year an LSU team has competed in the ARGUS Challenge. It also marks the 2nd time placing under Landry’s leadership.
“This is the second consecutive year that we have secured a 3rd place finish in this competition, so it is no longer beginners luck! This win will certainly garner larger attention around the nation for LSU real estate programs and for students who seek a career in the industry. I am very proud of this team for their accomplishments—they have really worked hard,” said Landry.
LSU’s team secured $3,000 for the university through ARGUS Software. In addition, the students were bestowed the 2017 ICSC (International Council of Shopping Centers) Maurin-Ogden Foundation LSU Scholarship Award, funded by Jimmy Maurin and Roger Ogden, founders of Stirling Properties. Through the scholarship, students will receive all-expense-paid attendance to the ICSC RECon in Las Vegas, the world’s largest retail real estate convention. Each year Stirling Properties hosts LSU Award Recipients at the conference, offering the students valuable exposure to industry leaders and potential employers.
“We truly thank Stirling Properties’ founders, Jimmy Maurin and Roger Ogden for their generosity and unwavering commitment to LSU, real estate, and education. This is an invaluable opportunity for these students to meet and network with industry leaders. Many of our students in the past have garnered great job prospects through this experience,” said Landry.
For more information about Finance 7720 (Commercial Real Estate Investing) and its objectives, contact Justin Landry at jclandry@stirlingprop.com.
Stirling Properties is located at 109 Northpark Blvd., Suite 300 in Covington, Louisiana. For more information regarding our services, please visit us at www.stirlingproperties.com.
Stirling Properties Lets the Good Times Roll!
Celebrates Team Members At Annual Stirling Honors Event
Stirling Properties commercial real estate company recently celebrated its 18th Annual Stirling Honors to recognize the successes and accomplishments of Team Stirling over the past year. The Stirling Honors luncheon was held at Fulton Alley in New Orleans. A Commercial Celebration Dinner was also organized to honor Commercial Agents and to grant Commercial Production Awards at The Chicory in New Orleans.
Tim Williamson, President of NOLA Media Group
Stirling Properties employees were treated to a reinvigorating day of motivational messages, great food, team-building interaction, and, of course, bowling! Tim Williamson, President of NOLA Media Group, delivered the keynote address. REINVENTION was the overall theme of the day, inspiring the activities throughout. Marty Mayer, Stirling Properties President & CEO, served as the event host and emcee and discussed the need for a company to continually reinvent itself to grow and stay relevant in an ever-changing industry. Playing off the adage, “When nothing is sure, anything is possible,” he stressed that amidst the backdrop of such uncertainty in the business climate, we must be innovative and transform our strategic process to create new opportunities for progress. 
Robin Hayles and Ellen McCain were acknowledged as recipients of Stirling Properties’ most prestigious honor, the Exceeding Excellence Award, for extraordinary employee actions and innovations that better the company. Exceeding Excellence Award recipients are nominated and selected by their co-workers. Commercial Award recipients received recognition for Bronze, Silver, Platinum, Diamond and Ruby production levels based on individual Adjusted Gross Commission figures for 2016. Special acknowledgment was given to Rhonda Sharkawy, Senior Retail Leasing and Development Executive in New Orleans, for being the Top Commercial Agent in 2016!
COMMERCIAL DIVISION AWARDS
Ruby Award:
Emerald Award:
Diamond Award:
Platinum Award:
Gold Award:
Silver Award:
Bronze Award:
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Also recognized were employees and agents who achieved special anniversaries with the company. Service Awards were given for 5, 10, 15, 20, 25, 30, 35, and 40-year milestones. A special presentation was prepared for Judy McKee, Vice-President of Human Resources, who celebrated 40 years of service with the company!
SERVICE AWARDS
5 Years of Service Jason Babin – Southpark Storage Roger Bajon – Covington, LA Office John Berges – New Orleans, LA Office Carolyn Ciarrocchi – Lafayette, LA Office Scott Macdonald – Baton Rouge, LA Office 10 Years of Service Carri Creel – Covington, LA Office Lindsey Palmer – Covington, LA Office Dawn Plaisance – Covington, LA Office Debra Sebastian – Metairie, LA Office Tara Slater – Covington, LA Office 15 Years of Service Rhonda Creel – Covington, LA Office Patrick Malik – Covington, LA Office Ellen McCain – Covington, LA Office Ryan Pecot – Lafayette, LA Office Jeanne Taravella – Covington, LA Office 20 Years of Service Charles Cornay – Lafayette, LA Office Bonnie Hoover – Metairie, LA Office 25 Years of Service John Arthurs – New Orleans, LA Office 30 Years of Service Marty Mayer – Covington, LA Office 35 Years of Service Donna Derokey – Covington, LA Office Michele Wallace – Covington, LA Office 40 Years of Service Judy McKee – Covington, LA Office
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.
Stirling Properties hires Amanda Goldman as Sales and Leasing Executive
Stirling Properties commercial real estate company is pleased to announce Amanda Goldman as Sales and Leasing Executive for its Commercial Brokerage Division in Alabama. Goldman will work from the company’s Mobile office located at One St. Louis Centre, 1 St. Louis Street, Suite 4100.
Goldman has been active in real estate in Alabama for five years. She is a candidate for the designation of Certified Commercial Investment Member (CCIM).
Following 11 years of service in the United States Air Force, Goldman has spent more than 30 years in sales, developing an expertise in working with both national and local businesses and providing quality service.
Current affiliations include membership in the CCIM, as well as the Alabama Chapter of CCIM, and the National Association of Realtors (NAR). A native of Manhattan, New York, Amanda currently resides in Daphne, Alabama, and has three grown daughters.
Amanda Goldman can be reached at (251) 375-2490 or agoldman@stirlingprop.com.
Stirling Properties is located at One St. Louis Centre, 1 St. Louis Street, Suite 4100 in Mobile, Alabama. For more information regarding our services, please visit us at stirlingprop.com.
Stirling Properties Announces New Tenants At Fern Marketplace in Shreveport
Stirling Properties commercial real estate company is pleased to announce new tenants at Fern Marketplace in Shreveport, Louisiana.
- At Home, the home décor superstore, has purchased 8.16 acres of land to build a 108,931-square-foot retail store. Construction is scheduled to commence by the end of the month with plans to open in the 4th quarter of 2017.
- La Madeleine Country French Café has purchased a 1.18-acre tract of land to develop a 7,500-square-foot free-standing restaurant location. Plans are to open in the fall of 2017.
Stirling Properties’ Senior Retail Leasing & Development Executive, Rhonda Sharkawy, was involved in both transactions on behalf of the Seller.
Previously announced tenant, The Halal Guys, is still on track to open in late March of this year, and Orangetheory Fitness plans to open in early April.
Fern Marketplace is a 14-acre retail development anchored by Whole Foods Market, consisting of roughly 200,000 square feet. The shopping center is located at the northeast corner of East 70th Street and Fern Avenue, near the intersection of Youree Drive. Tenants include At Home (opening 4Q 2017), Grub Burger, La Madeleine (opening Fall 2017), Lee Nails, Orangetheory Fitness (opening April 2017), The Halal Guys (opening March 2017), and Whole Foods Market. Most of these retailers committed to Fern Marketplace are either first-time locations within Shreveport or Louisiana, or both. At completion, Fern Marketplace is expected to be a premier regional shopping and entertainment destination, as well as a vital economic contributor to the area. Stirling Properties handles management and leasing for the Center.
For more information, please visit stirlingprop.com.
For leasing or sales information, contact Rhonda Sharkawy at (504) 620-8145 or rsharkawy@stirlingprop.com. For asset management information, contact Donna Taylor at (985) 898-2022 or dtaylor@stirlingprop.com.
Stirling Properties Awarded Management Of PMAT’s 1,000,000 SF Retail Portfolio
Stirling Properties commercial real estate company has structured a new partnership with PMAT Real Estate Investments to manage the company’s growing portfolio of anchored shopping centers located across the Southeast, Sunbelt, Carolinas, Mid-Atlantic, and Midwest. This partnership will enable the complementary firms to create a scalable platform for the continued growth of both Stirling Properties and PMAT.
After disposing of approximately $200,000,000 of assets in the preceding years, the current PMAT portfolio consists of assets in Georgia, Florida, South Carolina, Tennessee, and Virginia as well as several centers in the acquisition pipeline and is well capitalized for continued growth in their target markets.
“Stirling Properties is thrilled to gain the property management contract for these centers—and to expand our portfolio and geographic footprint into new markets,” said Donna Taylor, SVP of Asset Management & New Business. “We look forward to working with PMAT Companies to enhance the asset performance and value. Our team of trusted experts is in motion working diligently to deliver optimum results for the property owners!”
“This partnership is a very good marriage for our two firms. Based in our own backyard, Stirling Properties is a trusted, best-in-class management company with significant operational expertise and an owner’s mindset,” said Kevin Kush, President of PMAT. “With Stirling Properties’ support network of talented professionals, PMAT will be able to focus on portfolio expansion and executing our value-add investment platform. After our recent dispositions and strategic partnerships, our platform is now more scalable and better capitalized for growth than ever before.”
PMAT was founded in 2003 by Robert Whelan, the former CFO of a NYSE REIT. Since that time, the company has invested in nearly 4 million square feet of anchored shopping centers with combined acquisition and disposition transaction value of over $1,000,000,000. These investments comprise an array of redevelopments of grocery-anchored centers including experience with such grocers as Publix, Kroger, Winn-Dixie, Lowes Foods, Food Lion (Delhaize), Giant (Ahold), Sweetbay, and Bravo as well as an array of national and regional tenants ranging from traditional soft goods tenants like Ross, T.J. Maxx, Marshalls, and Bealls to alternative users such as YouFit, Planet Fitness, Bargain Hunt, Paragon Theaters, Cinepolis, Jumpstreet, and Altitude Trampolines. For more information on PMAT, please contact Ben Bolz at Ben@pmat.net.
Stirling Properties currently manages more than 16 million square feet of property, with close to 114 million square feet of property and land for sale or lease.
For more information on Property Management/Asset Management, please contact Donna Taylor at dtaylor@stirlingprop.com or (985) 898-2022.
