Stirling Properties Officially Announces Sam’s Club is Coming to River Chase
COVINGTON, Louisiana —- (AUGUST 16, 2011) Stirling Properties, the developer of River Chase, officially announces that Sam’s Club is coming to River Chase Shopping Center, the largest open-air retail center in St. Tammany Parish. Sam’s Club closed today on the purchase of a 16.58 acre site for the development of a new, 136,000 square foot store at River Chase. Wal-Mart Stores, Inc., the parent company for Sam’s Club, has committed to build their top of the line prototype building at the River Chase site, which will not resemble any other Sam’s Club in Louisiana.
This new Sam’s Club will be the only one in western St. Tammany and construction on the predominantly stone and brick facade will begin soon as Sam’s has already obtained all the necessary permits to begin. The anticipated opening is scheduled for fall 2012 and is expected to provide 100+ jobs for the area.
For more information about the Sam’s Club deal or River Chase development contact Townsend Underhill, Vice President of Development for Stirling Properties, at tunderhill@stirlingprop.com or by phone at (985)-246-3785.
Stirling CEO Comments on “Gameloft to open major development studio in New Orleans”
Yesterday’s announcement of Gameloft’s decision to expand to New Orleans is a significant milestone for our city- not necessarily because of the number of jobs but for what it represents.
The announcement culminates over a yearlong effort by LED (Louisiana Economic Development) and GNO, Inc (Greater New Orleans, Inc. Regional Economic Alliance) to lure this company whom they had targeted.
When Gameloft first started looking, New Orleans didn’t even hit the radar screen, but in the end, we beat out cities such as Austin and Seattle to become only the second US based location for this French company and also the only one in Louisiana that will actually be developing video games here.
I believe that this is only the tip of the iceberg.
Click here to read the news release by LED.
Martin A. Mayer
President & CEO
Stirling Properties Welcomes Scott Macdonald to Its Team
BATON ROUGE, Louisiana —- (JULY 13, 2011) Stirling Properties welcomes Scott Macdonald to its Commercial Brokerage Team as a specialist in office and industrial leasing. He will work out of the company’s Baton Rouge office located at 8550 United Plaza Blvd., Suite 303 where he will spearhead all leasing and marketing efforts of all United Plaza offices.
“With more than 11 years of commercial real estate knowledge and a background that includes the negotiation and successful closing of over $450 million in sales, Scott knows what it takes to drive new business in highly competitive markets,” said Grady Brame, Executive Vice President and Partner of Stirling Properties. “His caliber of expertise adds depth to our roster and strengthens the breadth of services we provide our clients.”
Prior to joining Stirling Properties, Mr. Macdonald was Vice President of Cassidy Turley/CPS, a full-service commercial real estate brokerage company located in Santa Clara, California. His primary focus while with CPS was office, R&D and manufacturing leasing and sales. Some of Mr. Macdonald’s major clients include AkzoNobel, Barry Swenson Builder, Integrated Device Technology, iStar Financial, Nearon Enterprises, PS Business Parks and Xangati, Inc.
Mr. Macdonald is a Louisiana native and earned a Bachelor of Science degree from Louisiana Tech University in Ruston, Louisiana.
Stirling Properties Appoints Paul Mastio as Chief Financial Officer
COVINGTON, Louisiana —- (JUNE 23, 2011) Stirling Properties appoints Paul Mastio as the company’s new Chief Financial Officer (CFO) from his previous position as Senior Vice President of Operations and Accounting. This appointment was effective Monday, June 20, 2011,
“As Stirling enters into its next phase of the company’s evolution and growth, it is essential that we have someone like Paul overseeing all of the financial operations of our company and helping to guide us to greater efficiencies and profitability,” said Marty Mayer, President and CEO of Stirling Properties. “Paul’s contributions to Stirling over the years have been invaluable to our success.”
As CFO, Mr. Mastio is responsible for the oversight of the company’s Accounting and Information Technology departments. He will report to the President and CEO while directly working with the Management Team to identify needs, manage processes for financial forecasting and budgets, as well as give advice on the impact of long range planning, strategies and regulatory actions.
“Since joining Stirling Properties, I’ve watched the company grow and evolve” said Mastio. “I am honored to be part of this next phase of business and look forward to seeking a full range of industry solutions that will lead Stirling into future successes.”
Mr. Mastio has been with Stirling Properties for 18 years. He currently is a member of both the Management Advisory Committee and Company Forum, which meet regularly to discuss all aspects of company strategy, planning and operations.
Mr. Mastio obtained his Bachelor of Science degree from Southeastern Louisiana University. Shortly after graduation, he earned his Certified Public Accountant (CPA) designation. Mr. Mastio is a member of the Society of Louisiana Certified Public Accountants (LCPA), American Institute of CPAs (AICPA), and the National Association of Real Estate Consultants (NAREC).
Stirling Properties Welcomes Jordi Goodman to Its Development Team
COVINGTON, Louisiana —- (JUNE 7, 2011) Stirling Properties expands the depth and breadth of its Development Team by announcing the addition of Jordi Goodman as a Development Associate.
In this position, Mr. Goodman will work directly with Townsend Underhill and Peter Aamodt, Stirling Properties’ Vice Presidents of Development and Acquisition, where he will be responsible for assisting in all development area functions including project management, financial analysis, marketing, document review, site inspection and market research.
“The industry is seeing an upswing in activity and it is crucial to have the right people in place to capitalize on growth opportunities. This is why we are pleased to be able to bring someone of Jordi’s caliber onboard,” said Underhill. “His previous experiences and expertise will play a significant part in Stirling Properties’ development goals as we continue to expand our services in the Gulf South.”
Prior to joining Stirling Properties, Mr. Goodman worked as a Development Associate with New Orleans based Green Coast Enterprises and also as a Project Analyst for New Development with Citi Habitats Marketing Group in New York, New York.
Mr. Goodman received his Bachelor of Arts in Economics and International Development from Tulane University’s School of Liberal Arts in New Orleans.
Stirling Properties’ Marty Mayer to Serve on ICSC’s Worldwide Board of Trustees
COVINGTON, Louisiana – (June 1, 2011) Marty Mayer, President and CEO of Stirling Properties, has been appointed to serve on the International Council of Shopping Centers’ (ICSC) Worldwide Board of Trustees. The appointment became official during ICSC’s Annual Meeting of Regular Members, which was held during ICSC RECon in Las Vegas, Nevada on Monday, May 23, 2011.
Fifty-two voting members from South America, Mexico-Central America, the Middle East, Africa, Europe, Canada, Asia and the United States make up the Board of Trustees. Mayer is one of 12 new trustees appointed to serve a three year term.
As a member of the Board of Trustees, Mayer is charged with establishing policies and governing all matters for ICSC’s worldwide members as well as assisting ICSC in the implementation of its mission statement.
“It is a great honor to be selected by ICSC to be one of the 52 worldwide trustees,” stated Mayer. “To be among such a distinguished and accomplished group of individuals who have contributed so much to our industry is most certainly due to the reputation of Stirling Properties and my associates who have been so involved since the company’s inception.”
Mayer is currently a member of ICSC’s Open Air Center Committee in which he was the Co-Chairman of from 2008 to 2010. Previously, he served as the Louisiana State Director and the Louisiana State Operations Director for ICSC.
Marks 1st of industrial expansion efforts in Fremaux mixed-use development. […]
Congratulations to Angie McArthur & Jeff Barnes, leasing agents with […]
