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
Stirling Properties Is Stepping Up To The Plate
Team members lead fundraising efforts to support The Miracle League Northshore
We are gearing up for the First Annual Miracle League Radio-thon that will be held on Tuesday, November 14th from 7am-7pm on the Lake 94.7! The event will celebrate a day of fundraising by community businesses and partners who are stepping up to the plate to help The Miracle League Northshore build its first playing field that will provide mentally and physically disabled children and young adults with a safe playing environment. The special field will be able to accommodate wheelchairs and other walking-assistance devices that, along with appropriate support facilities, is designed specifically for use by individuals with disabilities.
Team Stirling members—Bradley Cook, Sales & Leasing Executive, and Griffin Lennox, Investment Sales Analyst—have been active volunteers and ambassadors with The Miracle League, and are leading our company’s charge to support the organization.
“Everyone deserves the opportunity to be cheered on and rooted for, and The Miracle League opens up that chance for so many children and young people with all types of special needs,” said Cook. “Since I started working with special needs individuals, I have learned that every heart has the same emotions and desires, regardless of physical capability. I have connected with and developed true friendships with some of the participants that I have had the pleasure to know and coach over the years. No other place do I personally feel as honored and accepted as when I am with these kids.”
Lennox also serves as a “buddy” for participants with The Miracle League to help encourage learning and fun in sports. “I have had the honor of working with several organizations that focus on creating opportunities for children and adults with physical and mental disabilities, but none quite like The Miracle League. I live and breathe sports, and The Miracle League gives me a place where I can combine my love of sports with my desire to contribute to the mission of amazing organizations like this one. I can’t really describe the environment. The excitement and determination you see on our players’ faces is truly inspirational,” said Lennox.
Last year, Stirling Properties selected The Miracle League as the beneficiary of our annual Stirling Olympics fundraiser. Through the event, we were able to raise $28,000 for the organization to help fund the construction of the new playing field. Our contributions helped to push the organization over the halfway mark to move forward with the project—and we are committed to seeing it through to completion!
Stirling Properties is sponsoring a 30 minute on-air timeslot during The Miracle League Radio-thon where company representatives will be apprising the community of the great things that we are doing in commercial real estate across our region, while also raising funds for the new field. You can help us reach our goal by tuning in and making a donation! Listen on the Lake 94.7 FM (St. Tammany Parish and surrounding areas) or stream the station live. To learn more about The Miracle League or to make an online donation, visit their website. (Donation checks should be made out to The Miracle League Northshore. Please notate “Stirling” in the memo line. Payment can be mailed to: The Miracle League Northshore, 13505 Hwy. 1085, Covington, LA 70433.)
The Miracle League works to provide disabled children and young adults, regardless of their level of disability, the opportunity to play league games and enjoy the emotional and physical benefits of being part of a team. The mission of Miracle League of Greater New Orleans and The Miracle League North Shore is to promote the health and well-being of children with disabilities, provide opportunities for non-disabled children to learn about and interact with children with disabilities, and develop community awareness and support for the child athlete with disabilities through organized sports leagues.
#StirlingProud
What’s Happening at Hammond Square?
Stirling Properties commercial real estate company announces a new tenant and numerous community events at Hammond Square in Hammond, Louisiana.
Hammond Square is pleased to welcome End of the Lane to the shopping center tenant lineup. End of the Lane, LLC will occupy 4,005 square feet of space on Main Street (between Justice and rue 21) and plans to open on November 17th, 2017—just in time for the holiday shopping season. The retailer will feature holiday décor, gifts, home furnishings, toys, clothing, accessories, and more. This will be the 2nd location for End of the Lane with an existing store in Baton Rouge. Rhonda Sharkawy, Senior Retail Leasing and Development Executive with Stirling Properties, handled the lease transaction.
Hammond Square is a proud supporter of CASA (Child Advocacy Services) and Cottages for CASA, a playhouse fundraiser to generate public awareness and support for the work of CASA and its services in our ten parish area. Local builders, painters, and designers have created a unique playhouse that will be raffled off to one lucky winner. The CASA Playhouse will be on display at Hammond Square through November 10th, so come by and check it out! Don’t forget to get your raffle tickets for a chance to win this awesome Kid Course designed by Holly and Smith Architects in Hammond, as well as numerous other prizes. Tickets are $10 each and the drawing will be held on November 11, 2017.
Hammond Square is also a supporter of Southeastern Louisiana University (SLU). The shopping center is an honored sponsor of the upcoming Homecoming festivities to be held this Saturday, October 28th. Homecoming activities will be centered in Friendship Circle on campus starting at 1:30 p.m. The annual Homecoming parade rolls at 2 p.m., followed by the “Lion Walk” as Head Coach Ron Roberts and the team make their way through Friendship Circle to Strawberry Stadium at 4:30 p.m. The Lions will kick off against Sam Houston State at 7 p.m. and the 2017 Homecoming queen and king will be crowned at halftime.
SLU’s mascot, Roomie, made a surprise visit to some of our stores earlier this month to get everyone in the spirit and make sure they were stocked with plenty of SLU gear. Come to Hammond Square for all of your SLU attire and tailgating needs. Lion Up! Participants will also be throwing Hammond Square drink cozies at the parade on Saturday, so be on the lookout.
Every 2nd Saturday of the month during March through November, Hammond Square hosts the Golden Oldies Cruise Night car show from 5:00pm-9:00pm at the end of Main Street. The events are free and open to the public. ($2 entry for show cars) Come out and enjoy an evening at the Square!
Don’t forget to mark your calendars for the upcoming Christmas at the Square event on Saturday, December 9th from 10am-12pm. More details will be released soon.
Hammond Square is Tangipahoa Parish’s premier shopping destination, located on approximately 100 acres at the northwest corner of Interstate 12 and US Highway 51 Business (SW Railroad Avenue) in Hammond, Louisiana. Anchored by Dillard’s, Target, The Home Depot, Sears, JCPenney, Academy Sports+Outdoors, and AMC Theatres, the 873,000-square-foot shopping center offers a dynamic mix of national and local retailers, shops, and restaurants. Stirling Properties redeveloped Hammond Square and currently manages and leases the center.
Tenants include Albasha Greek & Lebanese Restaurant, America’s Best Contacts & Eyeglasses, Bellagio Salon & Spa, Best Buy, Books-A-Million, Bra la Vie, Cato, Charming Charlie, Chase, Claire’s, East of Italy, End of the Lane (coming November 2017), Foot Locker, GNC, Great American Cookies, Hibbett Sports, Justice, Kay Jewelers, LA Nails Spa, maurices, Menchie’s Frozen Yogurt, Nagoya Sushi & Japanese Steakhouse, Norris & Co. Salon, Obsession, Olive Garden, Popcorn Bistro, Raising Cane’s, Rite Aid, rue21, Santa Fe Cattle Co., Shane’s Rib Shack, Shoe Dept. Encore, Smoothie King, Sport Clips Haircuts, Tailored, The Children’s Place, T.J.Maxx, ULTA Beauty, Verizon, Which Wich Superior Sandwiches, and Zales.
Connect with Hammond Square on the web at www.hammondsquare.com or “like” us on facebook.com/hammondsquare.
Halloween at Hammond Square
Calling little ghouls, goblins, princesses and superheroes to celebrate Halloween at Hammond Square!
Many children in Hammond, Louisiana, will be getting a head start on Halloween this year. Hammond Square is celebrating its 4th Annual Halloween at the Square event on Saturday, October 21st from 6-8pm for children ages 12 and under. The event is free and open to the public. Costumes are highly encouraged. Kids are invited to trick-or-treat at Hammond Square’s participating stores that will be stocked with candy and prizes throughout the evening. Visitors can start at any trick-or-treat station on Main Street. (Look for the trick-or-treat station sign to identify participating stores.)
Halloween at the Square is Hammond Square’s premier family-friendly event of the year. It offers Hammond area residents a safe, convenient and fun trick-or-treating experience, while providing increased traffic and exposure for the many great retail tenants at the shopping center. Last year’s event hosted more than 400 children and families!
“Hammond Square is a proud supporter of our community and we love inviting our neighbors out for fun, family entertainment. Halloween at the Square offers a safer, brighter and less scary atmosphere for children and their parents,” said Lindsey Palmer, Director of Property Services with Stirling Properties. “And we hope Halloween visitors will remember our stores for the upcoming holiday shopping season.”
According to an annual survey released earlier this month by the National Retail Federation and Prosper Insights & Analytics, Americans are expected to splurge on costumes and candy for a record $9.1 billion in Halloween spending this year—an increase of 8.3% from last year’s previous record of $8.4 billion. Additionally, 179 million Americans are expected to partake in Halloween festivities, up from 171 million in 2016, and a record number of adults (48%) plan to dress in costume this year. Those retail numbers are very encouraging for many local shopping centers this year—including Hammond Square.
Hammond Square is Tangipahoa Parish’s premier shopping destination, located on approximately 100 acres at the northwest corner of Interstate 12 and US Highway 51 Business (SW Railroad Avenue) in Hammond, Louisiana. Anchored by Dillard’s, Target, Sears, JCPenney, Academy Sports+Outdoors, and AMC Theatres, the 850,000-square-foot shopping center offers a dynamic mix of national and local retailers, shops and restaurants. Stirling Properties redeveloped Hammond Square and currently manages and leases the center.
Tenants include Academy Sports+Outdoors, Albasha Greek & Lebanese Restaurant, AMC Theatres, America’s Best, Bellagio Salon & Spa, Best Buy, Books-A-Million, Bra la Vie, Cato, Charming Charlie, Chase, Claire’s, Dillard’s, East of Italy, Foot Locker, GNC, Great American Cookies, Hibbett Sports, JCPenney, Justice, Kay Jewelers, LA Nails Spa, maurices, Menchie’s Frozen Yogurt, Nagoya Sushi & Japanese Steakhouse, Norris & Co. Salon, Obsession, Olive Garden, Popcorn Bistro, Raising Cane’s, Rite Aid, rue21, Santa Fe Cattle Co., Sears, Shane’s Rib Shack, Shoe Dept. Encore, Smoothie King, Sport Clips, Tailored, Target, The Children’s Place, The Home Depot, T.J.Maxx, ULTA Beauty, Verizon, Which Wich Superior Sandwiches, and Zales.
Connect with Hammond Square on the web at www.hammondsquare.com or “like” us on facebook.com/hammondsquare.
