National Association of REALTORS® Selects Bradley Cook For Research Committee
Stirling Properties’ Sales and Leasing Executive, Bradley Cook, has been selected by the National Association of REALTORS® (NAR) as a Member at Large on its Research Committee. He will assume the position on December 1st of this year and serve through November 30th of 2018.
The NAR Research Committee focuses on market conditions in the real estate industry as well as developments in the general economy. It identifies topics on which research and information are needed in order to improve the productivity and profitability of REALTOR® firms, state associations, and local boards, and determines how that data can best be utilized.
The committee holds multiple meetings throughout the year and garners national and regional market data from its respective members to determine industry activity, trends, or topics that need to be the focus for legislative and/or lobbying efforts.
The goals of the 2018 Research Committee include the completion of an in-depth review of current major research reports and advise on needed changes or adjustments; identify new trends/issues related to the real estate industry and provide research support; and explore and develop improved methods of dissemination of, and ease the access to, research for members and stakeholders.
“I am excited to gain the insight that this committee will provide,” said Cook. “The opportunity to receive national and regional industry data, and to help the committee make critical decisions on the proper path forward for our industry is a tremendous responsibility.”
Cook is a member of Stirling Properties’ Commercial Brokerage Division and works from the company’s Northshore office located in Covington, Louisiana. His primary focus includes industrial, urban core, and land development as well as tenant representation in the retail and office markets. He has worked with numerous landlord and tenant clients from multiple industries including fitness, film, a micro-brewery start-up in the Baton Rouge market, and is the lead broker for Louisiana’s premier future industrial mega-site development.
He is a member of both the East and West St. Tammany Chambers of Commerce, the Louisiana CCIM Chapter, the Commercial Investment Division of the New Orleans Metropolitan Association of Realtors, and the National Association of REALTORS®. Cook holds a commercial real estate license in Missouri, Kansas, and Louisiana and is a CCIM candidate.
The National Association of Realtors is America’s largest trade association, representing over 1.2 million members, including NAR’s institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries. Membership is composed of residential and commercial realtors who are brokers, salespeople, property managers, appraisers, counselors, and others engaged in the real estate industry.
Bradley Cook can be reached at (985) 246-3720 or bcook@stirlingprop.com.
Ryan Juneau Earns Certified Retail Property Executive (CRX) Credential
Stirling Properties’ Asset Manager, Ryan Juneau, has earned the ICSC (International Council of Shopping Centers) Certified Retail Property Executive (CRX) credential.
With designees in 50 countries, ICSC’s certification programs raise the industry’s professional standards globally, and distinguish retail real estate professionals who demonstrate the highest levels of competency in their specialty as proven through solid professional education, experience, ethics, and the passing of a rigorous examination.
ICSC grants CRX certification in recognition of mastering retailing and retail property knowledge related to the performance, profitability, and executive leadership of industry organizations. Only a select group of senior executive leaders are awarded CRX designations each year.
Juneau is a member of Stirling Properties’ Asset & Property Management Division where he is responsible for ancillary development and construction, property operations, leasing, financing, financial reporting, and investor relations for internally owned, joint venture, and third-party managed assets. His portfolio includes both newly opened and mature shopping centers and office buildings in Lafayette, Baton Rouge, and Slidell, Louisiana, as well as overseeing management of the PMAT Companies’ portfolio of shopping centers across the southeast and mid-west.
“Congratulations to Ryan for earning the CRX certification. He has a proven record of experience, success, and knowledge—and now joins an elite group of executive professionals in the retail real estate industry,” said Marty Mayer, President & CEO with Stirling Properties. “Stirling Properties is proud to have him as part of our Asset & Property Management team.”
Juneau holds a degree in Finance/Real Estate and graduated from the Executive MBA Program at Louisiana State University. He also achieved the designation of ICSC’s Certified Development, Design, and Construction Professional (CDP). He is active in the Baton Rouge Area Chamber of Commerce and serves on the Board of Directors for GaitWay Therapeutic Horsemanship.
Ryan Juneau can be reached at rjuneau@stirlingprop.com or (225) 329-0263.
Stirling Properties Third Annual Christmas Bazaar
Stirling Properties Third Annual Christmas Bazaar is this Friday, November 17 from 11:00AM – 2:00PM at the Northpark Corp. Lobby in Covington, Louisiana.
The Bazaar will feature local vendors selling various items including: Holiday Décor, Mary Kay, Personalized Gifts, Paintings, Handmade Organic Wheat Bags, Beaded Jewelry, Pen Flower Bouquets, Wood Signs, LuLaRoe, Handmade Kitchen Towels & Totes, Etched Glass, Rodan & Fields, Ornaments, Jewelry, Southern Inspired Decor & Accessories, and much more!
In addition to getting a head start in your holiday shopping, make sure you bring your sweet tooth because we will have a bake sale with tasty treats. All items will be $1! We will also be selling Jambalaya Lunches for $5.00.
All vendors have provided an item for raffle. Raffle tickets are $1 each and you can win one of over 20 prizes!
All proceeds from the bake sale, lunch and raffle will be donated to the Volunteers of America’s Christmas Family Program.
Last year’s Bake Sale and Raffle raised nearly $2,000 which was donated in full to Volunteers of America’s Greater New Orleans’ Christmas Family Program! We hope to raise even more this year. Please come out on Friday at 11AM to help support this worthy cause.
Stirling Properties is committed to supporting the communities where we live and work, and we will continue to support local nonprofits, community groups and charitable organizations throughout the year and beyond. #StirlingProud
Major Economic Win for the Greater New Orleans Region
DXC Technology to create 2,000 high-paying jobs.
The greater New Orleans region is celebrating a monumental economic win with the announcement that DXC Technology will establish a Digital Transformation Center in New Orleans’s Central Business District. (The site location will be finalized and announced soon.) The new Digital Transformation Center is expected to create 2,000 permanent high-paying jobs over the next seven years, and an annual payroll exceeding $133 million by 2025. This marks one of the largest economic development deals in the history of Louisiana.
DXC Technology is a new business venture resulting from the merger of Computer Sciences Corp (CSC) and the Enterprise Services business of Hewlett Packard Enterprise (HPE)—and is a global leader in IT services.
This deal has been in the works for a very long time, and yesterday, New Orleans Mayor Landrieu, along with many government and community officials, economic development organizations, and higher education leaders brought the project to fruition. The Digital Transformation Center was heavily competed for but New Orleans emerged as the front-runner on a short list of great cities across the country.
As New Orleans approaches its 300th anniversary, this is truly a significant milestone for the city. This economic development win is yet another testament to the emergence of New Orleans as one of the top cities for young professionals to work, and reinforces the momentum of our area as a major technology hub.
This is an exciting time for New Orleans. We have celebrated many economic successes and accomplishments over the last several years, and this is just the beginning. Stirling Properties is proud to be a part of this thriving region!
Learn more about the announcement from LED (Louisiana Economic Development).
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.
Click to view larger image
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
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