Stirling Properties Named Among GlobeSt’s 2021 Healthcare Influencers
Stirling Properties was recently named among GlobeSt’s 2021 Healthcare Influencers, which casts a national spotlight on people and firms who are shaping the healthcare real estate market and continuing to drive its performance.
“Stirling Properties is proud to be named one of GlobeSt’s 2021 Healthcare Influencers, and we are honored to be included among some of the top national companies in our industry. This acknowledgment further underlines our company’s leadership in healthcare real estate services and truly showcases our expertise and the breadth of services we can offer our clients in this sector,” said Townsend Underhill, president of development with Stirling Properties.
Evolution in the healthcare delivery system has morphed patients into customers, creating a need for healthcare providers to get products to clientele in the shortest amount of time possible. Stirling Properties is adapting to this changing environment by assisting medical professionals in connecting with customers closer to where they live—in their neighborhoods and communities. The healthcare real estate team is led by president of development Townsend Underhill, development director Mac Bauer and VP of finance and capital markets Justin Landry.
In 2017, Stirling Properties developed its first mixed-use medical facility on a 3.5-acre site in LaPlace, LA. The micro-hospital was based upon a 20-year lease to Ochsner Clinic Foundation for a 20,000-square-foot freestanding emergency department and imaging services clinic. In 2018, a Stirling Properties affiliated entity acquired and subsequently managed the renovation of the shuttered Louisiana Heart Hospital in Lacombe, LA, returning it to commerce through a long-term master lease with Ochsner Clinic Foundation. The 205,000-square-foot building was repurposed into Northshore Medical Complex, a post-acute care facility featuring long-term acute care, skilled nursing, and inpatient rehabilitation services in one central location. These services are provided by Ochsner Health System, Slidell Memorial Hospital, St. Tammany Parish Hospital, and Select Medical. Other notable healthcare projects include facilities management of St. Mary Medical Center in Shreveport; the development of four Ochsner Kidney Care Clinics in the Greater New Orleans Area; the development of St. Tammany Cancer Center in Covington; the development of Ochsner Medical Complex–The Grove in Baton Rouge; and the development of a Multi-Specialty Clinic in Bossier City, to name a few.
For more information on Stirling Properties’ healthcare real estate services, contact Mac Bauer, Development Director, at (504) 620-8131 / mbauer@stirlingprop.com.
Stirling Properties Develops Three New Ochsner Health Facilities to Serve GNO Area
Projects helping to backfill former retail space & expand healthcare real estate services.
Stirling Properties, in partnership with Ochsner Health System, has developed three new Ochsner Health facilities to serve the greater New Orleans area. Located in Covington, Slidell and Metairie, the facilities will be completed and open to the public by the end of the year.
- A Pediatrics Center is located in River Chase Shopping Center at I-12 and E. Brewster Road in Covington. The 18,000-square-foot clinic opened on November 17th along Brewster Rd. immediately next to Target. In addition to a state-of-the-art Pediatrics clinic, this space also includes the Live Oak Pediatric Rehab Center, one of a kind in St. Tammany Parish. Rozas Ward is the Architect, and Donahue Favret is the General Contractor for the development.
- A Multi-use Clinic including pediatrics, behavioral health, women’s and primary care services is located in Oakridge Place Shopping Center at 800 Metairie Road in Metairie. The 12,450-square-foot clinic will replace two former retail spaces on the end cap of the shopping center. Construction is complete, and the clinic is expected to open on December 14th. The General Contractor is Ryan Gootee General Contractor, and Rozas Ward is the Architect on the project.
- A Physical Therapy and Training Clinic is rounding out construction in Plaza 190 Shopping Center located at 128 Gause Boulevard in Slidell. The 15,000-square-foot facility is expected to open in mid-December. The General Contractor is Clement Construction, and Grace Hebert Curtis serves as the Architect on the project.
Stirling Properties is serving as the developer, leasing agent and landlord in all three projects.
“Very similar to the last mile in retail, the healthcare delivery system is changing. It’s all about getting the product to the consumer in the shortest amount of time. That means connecting with them closer to where they live, in their neighborhoods and communities. In commercial real estate, there is substantial growth in the integration of healthcare in the retail setting. Clinics providing same-day urgent care, primary care, specialty care, and wellness services have boomed over the last few years,” said Townsend Underhill, President of Development with Stirling Properties.
Stirling Properties has tailored its business model to meet the increased demands for advisory and healthcare real estate services. The company assists its healthcare partners with development & redevelopment, site selection, master planning, brokerage & lease negotiation, entitlements, financing, design & construction management and asset & property management to provide a comprehensive, holistic approach.
Stirling Properties currently has over 2 million square feet of projects under development/redevelopment, totaling nearly $196 million—of which almost half is in the healthcare sector. Other notable healthcare projects include facilities management of St. Mary’s Medical Center in Shreveport; the acquisition and redevelopment of the former Louisiana Heart Hospital in Lacombe; the development of four Ochsner Kidney Care Clinics in the Greater New Orleans Area; the development of St. Tammany Cancer Center in Covington; and the development of Ochsner Medical Complex – The Grove in Baton Rouge, to name a few.
For more information on Stirling Properties’ healthcare real estate services, contact Mac Bauer, Development Director, at (504) 620-8131 / mbauer@stirlingprop.com.
Ochsner LSU Health – Viking Drive Celebrates Grand Opening in Bossier City, Louisiana
State-of-the-art redevelopment further underlines Stirling Properties’ expertise in healthcare real estate services.
This past week, Ochsner LSU Health Shreveport and Stirling Properties celebrated the grand opening of Ochsner LSU Health – Viking Drive in Bossier City, Louisiana.
This 25,080-square-foot Multispecialty Clinic, located at 4481 Viking Drive, features primary care, sports medicine, orthopedic and neurosurgery clinics.
In December 2020, a Stirling Properties affiliate acquired the property, which was previously a retail store, and subsequently redeveloped it into its current condition as a Multispecialty Clinic. Stirling Properties was the project developer; WHLC was the architect; Duplantis Design Group was the Civil Engineer; and Brasfield & Gorrie was the general contractor. Total project costs were roughly $10.7 million. Ochsner LSU Health Shreveport is the sole tenant at this location and is now uniquely positioned in this market for years to come, using this facility as a springboard for future growth in the Bossier market.
The Ochsner LSU Health – Viking Drive redevelopment underlines Stirling Properties’ expertise in healthcare real estate services. “There is increased demand for healthcare real estate services. We’ve developed a team of industry experts to provide a comprehensive, holistic approach based on sound real estate fundamentals for our healthcare partners to deliver high-quality products such as Ochsner LSU Health – Viking Drive,” said Townsend Underhill, President of Development with Stirling Properties. “We are proud to help bring first-class healthcare to our local neighborhoods while also facilitating job creation, tax revenue, economic development and infrastructure improvements.”
Stirling Properties currently has over 2 million square feet of projects under development/redevelopment, totaling nearly $196 million—of which almost half is in the healthcare sector. Other notable healthcare projects include facilities management of St. Mary’s Medical Center in Shreveport; the acquisition and redevelopment of the former Louisiana Heart Hospital in Lacombe; the development of four Ochsner Kidney Care Clinics in the Greater New Orleans Area; the development of St. Tammany Cancer Center in Covington; and the development of Ochsner Medical Complex – The Grove in Baton Rouge, to name a few.
For more information on Stirling Properties’ healthcare real estate services, contact Mac Bauer, Development Director, at (504) 620-8131 / mbauer@stirlingprop.com.
Ochsner LSU Health Shreveport Announces Plans for Former Christus Schumpert Hospital Site
Stirling Properties to handle project management, leasing and property management of the project.
Ochsner LSU Health Shreveport recently announced a major renovation and opening of a new healthcare facility at Margaret Place Properties located at 1 Saint Mary Place in Shreveport, Louisiana. The 860,000-square-foot property is the former Christus Schumpert Hospital site that mostly shuttered in September of 2013. It includes the hospital, several medical office buildings and a parking garage.
Stirling Properties is working in partnership with a joint venture between Ochsner and LSU Health Shreveport to manage the rehab construction, assist with leasing of the medical space and handle daily management of the property. In this role, Stirling Properties is responsible for plant operations and maintenance, space planning, working to identify best uses and future resources for the campus and will serve as the on-site property management and leasing office.
The new healthcare campus will offer state-of-the-art patient care through multiple clinics, operating rooms, and laboratory and diagnostic imaging services (follow the link for more details on anticipated services). It will open in phases throughout 2019, with the first clinic scheduled to open in May.
Plans for further expansion by Ochsner LSU Health Shreveport in the Margaret Place campus are underway with additional project announcements forthcoming.
“Stirling Properties is proud to be a part of this significant project with Ochsner LSU Health Shreveport, and to help put this building back into commerce to serve the Shreveport-Bossier community,” said Townsend Underhill, President of Development with Stirling Properties. “The demand for healthcare real estate services is strong in the Gulf South market as local healthcare providers focus on improved customer experience and more efficient operations. We anticipate this trend to continue and we are working closely with our clients to provide strategic real estate services.”
Stirling Properties is thankful for its continued partnerships with Ochsner. The two companies have previously worked together on the recently constructed $100+ million Ochsner Medical Complex – High Grove development in Baton Rouge, an Ochsner rehabilitation hospital on Ochsner’s Main Campus West in Jefferson, the state-of-the-art Emergency Department and Imaging Center in LaPlace, Louisiana, as well as working to put the former Louisiana Heart Hospital in Lacombe back into commerce.
For leasing information on Ochsner LSU Health Shreveport, contact Krystal Atkins with Stirling Properties at katkins@stirlingprop.com or (318) 401-7865.