New Orleans Q2 25 Report
New Orleans Q2 25 Market Report
The New Orleans commercial real estate market remained resilient through Q2 2025, marked by historically low retail vacancy, steady office activity, and continued expansion in both the industrial and multifamily sectors. Hospitality also showed positive momentum, reflecting the city’s ongoing economic growth.
This report highlights key takeaways across:
• Retail
• Multifamily
• Office
• Industrial
• Hospitality
Whether you’re an investor, landlord, tenant, or developer, these insights provide a clear snapshot of current market conditions and where opportunities are emerging in the months ahead.
Celebrating 50 Years by Giving Back
In honor of Stirling’s 50th anniversary, we proudly partnered with The Brooke It Forward Foundation as our Charity of the Year, because every child deserves to feel celebrated on their birthday.
Brooke It Forward delivers cheerfully packaged birthday boxes filled with cake mix, candles, party supplies, and small gifts to local Child Advocacy Centers, bringing joy to children who have experienced abuse or trauma.
Our Stirling team came together in a company-wide Birthday Celebration Challenge to assemble birthday boxes, each one filled with love and hope.
What started in one office has grown into a company-wide tradition and a powerful way to mark our milestone year with purpose and heart.
Want to help make birthdays brighter? Learn more or donate at brookeitforward.org
Tropical Smoothie Cafe Coming to Youngsville, LA
Stirling is pleased to announce that we have successfully represented Tropical Smoothie Cafe in the lease at 1821 Chemin Metairie Parkway, bringing a solid fast growing national tenant to one of the fastest growing cities in Louisiana.
This lease was successfully negotiated by Seth Citron, who represented the tenant in the transaction.
2024: Major Milestone in the Sunshine State
In 2024, we expanded into Pensacola and Tallahassee through the acquisition of Beck Partners, adding 30 new team members and over 1.5 million SF of commercial property under management.
This move strengthened our presence across the Gulf South and marked another step forward in Stirling’s continued growth and commitment to full-service commercial real estate.
2024: A New Era of Leadership
In 2024, Townsend Underhill stepped into the role of President & CEO of Stirling, succeeding longtime leader Marty Mayer following his retirement.
“I’m truly honored to lead Stirling into its next chapter,” said Townsend.
With deep experience and a forward-looking vision, Townsend now guides Stirling into a new era of innovation, expansion, and opportunity.
2023: Stirling Rebrands
A Bold New Chapter for Stirling!
In 2023, we took a bold step forward, rebranding from Stirling Properties to simply Stirling. Why?
Because our expertise spans asset and property management, investment, development, and acquisitions across every facet of the commercial real estate industry, including retail, office, industrial, healthcare, multifamily, and more.
This fresh new identity reflects our commitment to innovation, growth, and delivering comprehensive solutions, no matter the property type.
Here’s to embracing the future with the same drive and passion that’s defined us for over 50 years!
