Stirling Properties Awarded Exclusive Listing Contract for The Villaggio Development
Villaggio at Bossier City, Louisiana
BOSSIER CITY, LOUISIANA (MAY 2, 2011)–On May 1st, 2011, Stirling Properties was awarded the exclusive listing contract for the sale and lease of existing retail shop space and vacant land at Villaggio in Bossier City. As the Broker, Stirling Properties will market approximately 55,000 square feet of main street retail space and up to six outparcel pad sites while the ownership and operation of the multi-family and office space will be retained by Villaggio Bossier, LLC.
“Stirling Properties is already working to maintain the owner’s vision of incorporating traditional and specialty retail stores that fit the unique needs of a growing city like Bossier,” said Stirling Properties’ Bill McFadden, Regional Manager of Property Management and Brokerage in North Louisiana. “Our experience with retailers both on the national and local level reflects Stirling’s ability to deliver the best results for high profile projects such as Villaggio.”
Villaggio is a 64-acre lifestyle development that offers a unique blend of specialty retail, dining, office and single and multi-family residential living opportunities. Developed by The Good Companies, headquartered in Texarkana, Texas; Villaggio is located between Interstate 20 and Highway 80 in North Bossier City, Louisiana. A rich tradition of Italian living is incorporated into the development’s architecture, streetscapes, sidewalk cafes, residences and shopping. The site includes an authentic Italian promenade featuring a 45 ft. clock tower, a 6-acre lake and recreational paths that connect the entire development.
“We knew the owners were looking for a company that understood the dynamics of a major multi-use development and the fact that Stirling Properties was selected is a testament to the credibility and types of services our company and agents are able to provide our clients,” stated Donna Taylor, Stirling Properties’ Senior Vice President of Asset Management and New Development.
For retail sales and leasing opportunities available at Villaggio, contact:
Bill McFadden; bmcfadden@stirlingproperties.com
2646 Beene Blvd., Bossier City, LA 71111
(318) 797-4393
Stirling Properties Welcomes Roger Bajon to its Team
COVINGTON, Louisiana—- (APRIL 20, 2011) Stirling Properties announces the addition of Roger Bajon to the company’s Commercial Brokerage Division located at 109 Northpark Blvd. Suite 300 in Covington, Louisiana as an Associate Broker.
“Roger’s extensive experience in commercial real estate banking and finance has afforded him relationships with many top clients and operators throughout the Gulf South as well as numerous long-term contacts in the commercial real estate capital markets,” said Marty Mayer, President and CEO of Stirling Properties. “This level of credibility adds an additional layer of expertise to the depth and breadth of services our commercial brokerage team can provide.”
Mr. Bajon has over 30 years of experience in commercial real estate financing and mortgage brokerage. For the past eight years he worked for Bajon Commercial Capital, LLC, a commercial real estate mortgage brokerage and advisory company he founded in 2003. Prior to owning his own company, Mr. Bajon served 21 years at Hibernia National Bank in various leadership positions all relating to the commercial real estate industry. His primary responsibilities included the establishment and oversight of all aspects of the banks’ commercial real estate lending division and commercial mortgage brokerage unit. This encompassed the management of construction, development and acquisition loans on income properties throughout the Gulf South for both the bank’s loan portfolio and placement with long-term third party lenders. He also served as the bank’s primary executive in a joint venture entity that originated, underwrote, sold and serviced loans to Fannie Mae through its DUS multi-family loan program.
Mr. Bajon earned his Bachelors of Science degree in Finance from Louisiana State University and is a licensed broker in the state of Louisiana.
Stirling 601 Poydras, LLC Acquires Pan-American Life Center in New Orleans, Louisiana
The Pan American Life Center located on the Corner of Poydras Street and Saint Charles Avenue
COVINGTON, Louisiana —- (DECEMBER 22, 2010)
Stirling 601 Poydras, LLC , an entity comprised of local investors led by Stirling Properties, recently acquired the Pan-American Life Center in New Orleans, Louisiana from Equastone Real Estate Investment Advisors, a private real estate investment firm in San Diego, California.
Stirling Properties’ Senior Vice President of Acquisitions, Jeffrey L. Marshall, led the team in this effort to acquire the 673,000 square foot high-rise located at 601 Poydras Street. The exclusive management and leasing rights will be handled by Stirling Properties, whose portfolio now includes over 12 million square feet.
“We are very excited about the acquisition of the Pan-American Life Center,” said Marty Mayer, President and CEO of Stirling Properties. “Our acquisition team seized a tremendous opportunity to own what we believe is the premier office building in the Central Business District of New Orleans.”
Lewis Stirling, an Executive Vice President and Partner of Stirling Properties, views this acquisition not only as a positive investment for the company but also as a vote of confidence in the future of New Orleans. “I believe strongly that the acquisition and development opportunities in the city are going to be plentiful over the next few years. We expect that Stirling Properties will play a major role in New Orleans growth.”
The Pan-American Life Center is a 28 story, inclusive of an eight-story parking structure located above the ground floor, Class A office building with amenities that include a full-service cafeteria and conference center. Built in 1980 as the headquarters for the Pan-American Life Insurance Co., this multi-purpose facility now serves as the headquarters to several large employers and is 91% leased. For information regarding the Pan-American Life Center contact:
Marty Mayer at 985-246-3714 or mmayer@stirlingprop.com for acquisition questions
Gaines Seaman at 504-620-8187 or gseaman@stirlingprop.com for leasing opportunities
Stirling Properties’ Hammond Square Wins Best of Construction Award
HAMMOND, Louisiana – (December 3, 2010) At an awards luncheon held at Boudreaux’s in Baton Rouge yesterday, representatives from Stirling Properties, Richard Price Contracting Co., LLC and Duplantis Design Group accepted an award on behalf of Hammond Square. The Power-lifestyle center received Louisiana’s Best of 2010 award of merit in the civil construction category.
Awards were given by McGraw Hill Construction Company and South Central Construction magazine for construction and design excellence. An independent jury of industry experts awarded projects based on safety, innovation, craftsmanship, and contribution to the community or industry by project type.
Hammond Square, originally developed as a 430,000 SF enclosed Mall, was redeveloped by Stirling Properties in 2006 at the request of Palace Properties, LLC, the property’s owner, and the City of Hammond. Site work was completed in 2009 by Richard Price Contracting Co., LLC who was the general contractor for the project and Duplantis Design Group who was the civil engineer. Together, all teams worked to create over 650,000 SF of retail and restaurant space that challenged them to breathe new life into an ailing property.
The success of Hammond Square is noted in the December/January issue of South Central Construction Magazine’s “Best of 2010” where a complete list of Louisiana award winners is featured. For more information about the design and construction of Hammond Square contact Grady Brame, Executive Vice President and Partner of Stirling Properties, at (985) 898-2022 or gbrame@stirlingprop.com.
Stirling Properties Announces that The Children’s Place is Coming to Hammond Square
HAMMOND, Louisiana —- (NOVEMBER 11, 2010) Stirling Properties, the developer of Hammond Square, announces the addition of another retail tenant to its power-lifestyle center. The Children’s Place, the leading specialty retailer of children’s clothing and accessories, with over 975 locations nationally and 14 in Louisiana, plan to open its first Northshore location at Hammond Square.
The Children’s Place will occupy 4,290 SF of available space on Main Street directly across from Encore Shoe Department. The official Grand Opening Date has yet to be announced but is expected early spring 2011. The store will offer spacious, bright and airy shopping that clearly identifies sections for Girls and Boys (sizes 4-14), Baby Girls and Boys (sizes 6 mos.-4T) and Newborn (sizes 0-12 mos.). Additionally, seasonal merchandise lines will be introduced throughout the year with online shopping at www.childrensplace.com.
Leasing opportunities are still available at Hammond Square. For more information, contact Beezie Landry at 985-246-3781 or via email at blandry@stirlingprop.com or Rhonda Sharkawy at 504-620-8145 or via email at rsha@stirlingprop.com.
