Stirling Properties Announces Most Recent Transactions in Alabama
Below is a list of Stirling Properties’ most recent closed transactions in the Alabama area. For more information on the individual transaction, please contact the Agent associated with that transaction.
MOBILE, ALABAMA
- The building formerly utilized as El Chico Restaurant, located at 830 I-65 W. Service Road, has been leased to La Cocina Mexican Restaurant. La Cocina plans to open its second Mobile location in the 5,800 square-foot building this fall. Jeff Barnes of Stirling Properties handled the lease.
- Amedisys Home Health of Mobile has recently relocated and expanded their offices at Mobile Office Park. They are now located in Suite 204 in Building 2, and occupy over 5,200 square-feet. Jill Meeks of Stirling Properties handled the relocation and expansion.
Stirling Properties is located in One St. Louis Centre, 1 St. Louis Street, Suite 4100 in Mobile. For more information regarding our services, please visit us at www.stirlingproperties.com.
Stirling Properties’ Angela McArthur Secures Two Locations for Five Guys Burgers and Fries

Downtown Pensacola will be enjoying Five Guys this fall at 440 E Chase St next to Newk’s Eatery, who just recently redeveloped a former Wintzell’s. The second restaurant will be located at 4796 Highway 90, Suite 3, Pace, Florida and will open in the spring. The building is being developed by Trademark Properties of Pensacola and will break ground in the coming weeks.
For more information regarding these transactions contact Angela McArthur at 251-375-2481 or amcarthur@stirlingprop.com.
Stirling Properties Announces Latest Investment Sale in Mobile, Alabama
Stirling Properties’ agents Justin Toomey and Andrew Dickman recently completed the sale of a 100,000 square-foot United States Postal Service facility in Mobile, Alabama. The industrial distribution warehouse, located at 4538 Shipyard Road, was sold for $3.1 Million on Friday, July 31, 2015. Justin and Andrew represented the seller, Alabama Gulfstar, LLC and a local Mobile based investor group with the acquisition.
For more information regarding investment sales, leasing opportunities or any of your real estate needs contact Stirling Properties at 251-375-2495 or visit www.stirlingproperties.com.
Louisiana Continues to be Recognized in National Rankings

Louisiana State Director’s Message – Summer 2015
I have written many times in recent newsletters about Louisiana’s economic development growth and I can’t help myself but to continue to report the good news. Our State continues to be on an unprecedented roll for economic growth and diversification that is really changing our trajectory in a way that is having extreme benefits on our industry, our career, our families and our long term well-being. The progress and growth is not going unnoticed, this summer’s publications have bestowed some significant rankings and milestones.
For the 6th straight year, Southern Business and Development has ranked Louisiana #1 among Southern states for attracting the most significant capital investment and job-creation projects per million residents. In the State of the Year category, Louisiana earned honorable mention. While not receiving State of the Year this year, Louisiana has earned State or Co-State of the Year honors in five of the past seven years. In addition our cities are being recognized individually as well.
- 2015 Small Market of the Year (Pop < 250K) – Lake Charles
- Honorable Mention – Houma-Thibodaux
- 2015 Major Market of the Year (Pop 750K – 2M)
- Honorable Mentions – New Orleans & Baton Rouge
- 2015 Mid-Market of the Year (Pop 250K – 750K)
- Honorable Mention – Shreveport
In June Area Development magazine awarded Louisiana the 2015 Silver Shovel Award (Pop 3M to 5M category) for posting one of the best economic development performances in the U.S. during the past year. The awards honor states with the most significant impact from their 10 leading investment and job creation projects during 2014. This is our State’s 6th year in a row earning a Silver Shovel Award.
In May Chief Executive magazine honored Louisiana with its highest ranking ever in its CEO survey of state business climates, ranking #7 on Best & Worst States for Business. This is up 40 positions since January 2008, representing the greatest improvement of any state in that time period. Additionally, Site Selection magazine picked Louisiana No. 2 in U.S. for economic development competitiveness in 2014 with 7 of the top 10 states located in the Southeast, which points to the region’s sustained competitiveness over the past decade.
All of this just a decade after most of the nation had written Louisiana off for dead following Hurricanes Katrina and Rita in the summer of 2005, quite remarkable to say the least. This is not only encouraging for our personal businesses but also inspiring for the business community in our State. I see the retail industry as a huge beneficiary of this success during this past decade with even brighter days ahead.
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