Commercial Real Estate Experts in the Gulf South
LSU and Stirling Properties announced today that Torchy’s Tacos and AT&T will fill two more retail spaces in the university’s Nicholson Gateway Development, a mixed-use project located on a 28-acre site of the Nicholson Drive Corridor, between West Chimes Street and Skip Bertman Drive. The two new tenants join anchor retailer Matherne’s Market, Wendy’s, Starbucks, …
Drug Stores Have Unique, Evolving Characteristics Around the turn of the century, the Drug Store War for “Class-A” corners erupted across the Gulf South. Between the Rite Aid and K&B merger, as well as CVS and Walgreens aggressively competing for market share, the race was fast and furious. I distinctly remember sale prices exceeding $20/foot …
Anticipated construction completion in the spring of 2020. Stirling Properties commercial real estate company is pleased to announce that a new Rouses Market-anchored retail development is coming to Lake Charles, Louisiana. Developed by the Eisenberg Company, the roughly 90,000-square-foot development will be located on 10.25 acres on Nelson Road at Ham Reid Road in South …
Stirling Properties commercial real estate company announces the acquisition of Santa Rosa Commons retail center in Pace, Florida. The sale closed on Wednesday, September 11th at a purchase price of $26 million. This marks the first acquisition for the company in the state of Florida. Stirling Properties will also assume leasing and management duties of …
Retail Trends Have Changed While smartphones and technological advances have created the convenience for consumers to do just about anything with the simple push of a button, somehow it seems our society has never been busier. We are always on the go. Studies have shown that on average, today’s consumer spends approximately 30% more time …
Stirling Properties brokers 100th retail location milestone for fitness franchise as part of rapid expansion plan. Stirling Properties announces that new fitness concept HOTWORX has secured its 100th retail location in Southlake, Texas. The fitness franchise, which opened its first store in 2017, now operates in 20 states across the country and anticipates another 75-100 …
Proximity & Accessibility of Retailers Since the beginning of time, retailers have strategically positioned themselves in a manner where they could capitalize on the disposable dollars that their target market spends. While technology advancements have enhanced the ability for consumers to buy certain products online and have them delivered right to their doorsteps, there are …
As the commercial real estate industry endures unrelenting disruption—specifically in the retail and office market segments—we have seen glimpses of a silver lining. Despite all the headwinds and negativity swirling, Stirling Properties’ outlook is optimistic moving into the 3rd quarter of 2019 compared to this time a year ago. A recent comparison of our overall …
Redevelopment of former Sears and Rite Aid stores into multi-tenant retail space. Stirling Properties commercial real estate company is thrilled to announce that Michaels, HomeGoods, Five Below and PetSmart will join the tenant lineup at Hammond Square shopping center in Hammond, Louisiana. Rhonda Sharkawy, Senior Retail Leasing & Development Advisor with Stirling Properties, handled the …
Stirling Properties announces that veteran real estate broker Austin Earhart has joined its commercial team as Senior Advisor. He will work from the company’s Baton Rouge office located at 6160 Perkins Road, Suite 200. With over 20 years of experience in commercial real estate, Earhart has become one of the region’s foremost retail experts …
