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Stirling Properties Hires Amy Allen as Hammond Square Property Manager

Amy AllenHAMMOND, LAStirling Properties is pleased to announce that Amy Allen is now Property Manager at Hammond Square.

Ms. Allen brings over eight years of commercial real estate background that includes a property management portfolio of over two million square feet and 17 shopping centers in the Atlanta area.

Ms. Allen started her real estate career as a Property Manager for DLC Management Corporation, where she oversaw a 1.5 million square-foot portfolio.  In 2009 she joined Atlanta-based Developers Diversified Realty, where she managed over 2.5 million square feet of shopping centers. 

Originally from the New Orleans area and an LSU graduate, Ms. Allen recently moved to Covington after living in the Atlanta area for nearly 10 years.

December 7, 2012|Corporate, Hammond Square, news, Press Releases|

Walgreens on Magazine – Update 12/6/12

Walgreens Magazine Street ProgressBoth interior and exterior work are progressing at a good pace this month.  As the photo indicates the address precast stone was placed at the roofline just this week and the brick veneer on Magazine Street is nearly complete.  This will be striking when the scaffolding is removed and when all the fine stucco detail work is complete in the next few weeks.  Interior work is a combination of drywall installation, initial floor prep, electrical rough-in and final HVAC ductwork connections.  The rear wall facing the parking lot is now covered with stucco and will have the finish coat in place this coming week.  Things are coming together, stay tuned.

East Coast, West Coast…Emergence of the Third Coast

New OrleansI wanted to share this recently published article, “The Rise of the Third Coast,” by Joel Kotkin, an internationally-recognized researcher and author on global, economic, political and social trends.  In the piece, Kotkin describes the “Third Coast,” in large part driven by a “resurgent New Orleans” region, as “one of the major forces in twenty-first-century America.”

One quote in this article that is particularly striking to me is regarding the education system:

In a new report, government efficiency expert David Osborne describes New Orleans’s reforms as a “breakthrough.” The results, he says, are “spectacular: test scores, graduation rates, college-going rates, and public approval have more than doubled in five years.” He adds, “I believe this is the single most important experiment in American education today.”

Click here to read the article.

Stirling Properties to Develop Full-Service Walgreens Drugstore in Gulfport, MS

Walgreens Gulfport

Stirling Properties is pleased to announce the development of a new full-service Walgreens drugstore in Gulfport, Mississippi.  The proposed Walgreens will be located at the intersection of Pass Road and Interstate 49 at the location of the former Gulfmart Shopping Center.  Stirling Properties is providing development services, including lease negotiation, financing, and project management, to a third party owner of the property.

The 13,650 square-foot store will have a drive-thru window and full service pharmacy and will serve as a catalyst for future retail development of that corridor. The Gulfport store is slated to begin construction in January and open in the third quarter of 2013.

As a preferred developer for the Walgreens Company in the Gulf South, Stirling Properties has had a long standing relationship with the retailer. “Our team has been working successfully with Walgreens for the past 10 years and has delivered over 25 stores with many more in the pipeline”, said Peter Aamodt, Vice President of Development for Stirling Properties.  “Stirling is committed to finding new development opportunities for all of our retail clients in the Gulf South.”

Construction is also currently underway on a Stirling Properties’ Walgreens development located at 5518 Magazine Street in New Orleans, Louisiana.

For more information, contact Peter Aamodt, Vice President of Development for Stirling Properties, at paamodt@stirlingprop.com or by calling (504) 523-4481.

November 13, 2012|development, Mississippi, news, Press Releases, Walgreens|

Walgreens on Magazine – Update 11/2/12

Magazine Street WalgreensThe project is still moving along at a fast pace.  Following the setting of the base cast stone, you can now see that the front façade brick veneer is going up quickly.  The large windows facing Magazine street are taking shape and it will not be long before this phase is complete.  The interior work is progressing with the installation of drywall, completion of framing, HVAC Ductwork, Electrical Rough-In and the concrete decking work at the second floor.

[wpvideo 8M96EzrP]

Sam’s Club Opening a Record-Breaking Success!

Sam's Club at River Chase - Ribbon CuttingYesterday morning I spoke briefly at the official ribbon cutting for the Sam’s Club in our River Chase development. The parish president, all of the area mayors, several council members and a crowd waiting for the doors to open were all gathered.  It was great to see so many people excited about the store opening.

Monday night was the store’s soft opening and it was equally crowded.  The Sam’s Club parking lot was full, plus there were about 300 extra cars parked on the street and in nearby lots.  The manager, Chris Cuevas, told me that the soft opening was a record for Sam’s Club.

I wouldn’t be surprised if this store sets many more records.

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