Stirling Properties Brings Target to Premier Centre in Mandeville, Louisiana
Rack Room Shoes expansion & relocation paves the way for new retail opportunities.
Stirling Properties announces the addition of Target to the tenant lineup at Premier Centre, located on U.S. Highway 190 in Mandeville, Louisiana.
Target will occupy roughly 58,000 square feet of retail space, backfilling the former Stein Mart store, as well as the adjacent space currently housing Rack Room Shoes, and an additional 13,000 square feet of new building expansion area in the rear of the building. Rack Room Shoes will expand and relocate next to Whole Foods Market in the former Forever 21 Red space. Rack Room Shoes is expected to re-open in its expanded space in the fall of 2021.
“Stirling Properties is excited to welcome Target to Premier Centre and the Mandeville community. The explosive growth of St. Tammany Parish and high retail sales make this an attractive two-store market for retailers. Target has been serving the community in Covington for many years, and this new store presents an opportunity to bring the great shopping experience to more customers in our growing market,” said Donna Smith, Executive Vice President with Stirling Properties. “The recent activity at Premier Centre has also been a catalyst for additional exciting retail opportunities that we hope to be able to announce soon.”
Rhonda Sharkawy, Senior Retail Leasing & Development Advisor with Stirling Properties, is the exclusive commercial broker for Premier Centre and worked with Target to secure the new location and the expansion and relocation of Rack Room Shoes.
Premier Centre, anchored by Whole Foods Market, is located at the corner of U.S. Hwy. 190 & N. Causeway Blvd. in Mandeville, Louisiana, on the Northshore of Lake Pontchartrain in St. Tammany Parish. It consists of approximately 273,000 square feet of retail and restaurant options and is currently 97% leased. Stirling Properties developed Premier Centre and currently manages and leases the property.
Tenants include Whole Foods Market, Bed Bath & Beyond, T.J.Maxx, Barnes & Noble, Old Navy, Rack Room Shoes, Gap/Gap Kids, American Eagle Outfitters, Banana Republic, LOFT, Bath & Body Works, Trek Bikes, Earthsavers, Blu Spero, Buckle, J.Jill, Jose Bali Jewelry, Chili’s, La Madeleine and The Big Squeezy. Electric car charging stations are also available in the parking lot near Whole Foods Market.
Stirling Properties has developed more than 24.8 million square feet of property totaling $2.2 billion, almost exclusively in Louisiana. Other Stirling Properties developments in the area include Fremaux Town Center (Slidell), River Chase (Covington), Northpark Corporate Center (Covington) and Hammond Square (Hammond), to name a few.
For leasing information, contact Rhonda Sharkawy at rsharkawy@stirlingprop.com / (504) 620-8145.
Stirling Properties Acquires 140,000-Square-Foot Pepsi Distribution Center in Livingston, LA
Marks company’s 1st large-scale industrial acquisition.
Stirling Properties announces the acquisition of a 140,000-square-foot Pepsi Distribution Center located in Livingston, Louisiana. The sale closed on August 19th. This marks Stirling Properties’ first large-scale industrial acquisition. The company will also assume asset management duties of the property immediately.
Built in 2016, the industrial property sits on 15 acres and is strategically located along the I-12 corridor. The facility is fully occupied by PepsiCo., Inc. and serves as a logistics hub for PepsiCo brands, including Gatorade, Dasani, Frito-Lay, Starbucks, Mountain Dew and other related brands for the Greater Baton Rouge Area, Greater New Orleans Area and the Northshore regions of Southeast Louisiana.
Townsend Underhill, President of Development for Stirling Properties, will serve as the Asset Manager for the property. Beezie Landry, Justin Langlois, and Chad Rigby, with Stirling Investment Advisors (SIA), a division of Stirling Properties, handled the sales transaction. Stirling Investment Advisors specialize in investment sales of retail, multifamily, office, healthcare, and industrial properties, across the Gulf South market.
Stirling Properties Welcomes Chip Brown and Jay O’Brien to Its Commercial Brokerage Team in Mobile, AL
Stirling Properties welcomes Chip Brown and Jay O’Brien to its Commercial Brokerage Team. Brown and O’Brien will work out of the company’s Mobile, Alabama, office located at 1 St. Louis Street, Suite 4100.
Chip Brown joins the team as a commercial real estate advisor. He is a REALTOR® and entrepreneur and the former president of his family-owned commercial real estate company, E.H. Brown and Associates, located in Mobile.
Brown is a veteran of the Alabama Army National Guard and a former Advisor in Afghanistan for NATO and US Forces Afghanistan. A lifelong resident of South Alabama, he serves as a State Representative for South Mobile County and sits on the Urban & Rural Development Committee, Economic Development & Tourism Committee, Insurance Committee, House Rules Committee and Mobile County Legislation Committee.
He is a former Chairman of the board for the Make A Wish Foundation of Alabama and for several years has volunteered his time serving as a youth baseball, football, soccer and basketball coach. Brown is a graduate of Troy State University, The Defense Department Information School and has a master’s degree from National University.
Jay O’Brien, CCIM, serves as a senior advisor, specializing in land brokerage, site selection, tenant representation and property management. With more than 23 years of experience, he has been involved in the development, acquisition and disposition of over 10,000,000 square feet of retail, multifamily and industrial properties throughout Alabama, Mississippi and the Florida Panhandle. He holds the prestigious Certified Commercial Investment Member (CCIM) designation, commercial real estate’s global standard for professional achievement.
A lifelong resident of Mobile, O’Brien is an entrepreneur, local business owner and the president of his family-owned real estate company, J. L. O’Brien & Associates, Inc., in Mobile. He is a member of the National Association of Realtors, State Board of Realtors and the Mobile Board of Realtors. He is also a former State Board Member and Officer with the Coastal Conservation Association (CCA) of Alabama. O’Brien graduated from Auburn University with a degree in Building Science.
Chip Brown can be reached at cbrown@stirlingprop.com / (251) 581-5173. Jay O’Brien, CCIM, can be reached at jobrien@stirlingprop.com / (251) 379-1420.
Walk-On’s Sports Bistreaux at Hammond Square Opens July 19th
Stirling Properties announces Walk-On’s Sports Bistreaux will celebrate the grand opening of its newest location at Hammond Square in Hammond, Louisiana, on July 19th, 2021. An official ribbon-cutting ceremony hosted by the Tangipahoa Chamber of Commerce will be held at 10am.
The highly anticipated restaurant will be located on C.M. Fagan Drive, next to PetSmart and Five Below, in the Hammond Square shopping center. Walk-On’s Sports Bistreaux local franchisee DBMC Restaurants acquired 1.35 acres of property to build and operate the roughly 8,025-square-foot restaurant as part of a redevelopment project on the northeast side of the shopping center. DBMC Restaurants is a veteran restaurant group that currently operates three restaurant brands across six states and is one of the largest franchisees of Walk-On’s.
Rhonda Sharkawy, Stirling Properties’ Senior Retail Leasing & Development Advisor, is the exclusive commercial advisor for Hammond Square and worked with the property owners and restaurant group to secure the new location.
The popular sports-themed restaurant started in Baton Rouge by two former LSU basketball walk-ons has thrived over the years and expanded with more than 100 locations open or in development across 15 states. Currently, there are 19 Walk-On’s restaurants operating in Louisiana.
Hammond Square marks the 3rd location for the Northshore region, with existing restaurants at Stirling Properties’ River Chase development in Covington and Fremaux Town Center in Slidell.
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. It is the 2nd largest open-air center in Louisiana, encompassing over 852,000-square-feet of more than 40 national and local retailers, shops and restaurants, including Dillard’s, Target, The Home Depot, JCPenney, Academy Sports+Outdoors and AMC Theatres. Stirling Properties redeveloped Hammond Square and currently manages and leases the center.
For more information on Hammond Square, visit www.hammondsquare.com or facebook.com/hammondsquare. For leasing and sales information, contact Rhonda Sharkawy at (504) 620-8145 or rsharkawy@stirlingprop.com.
Stirling Properties Develops New Ochsner Kidney Care Clinics Across GNO Area
Through a joint venture of Ochsner Health and National Renal Care (NRC), Stirling Properties is developing four Ochsner Kidney Care clinics across the greater New Orleans area. The clinics are new-to-market for Southeast Louisiana and expand healthcare service offerings for Ochsner Health and its patients. The facilities vary in size from 6,000-11,000 square feet, providing comprehensive, coordinated kidney care and dialysis services.
The first location, Ochsner Kidney Care – Jefferson Highway, is now open to Ochsner patients. Located at 320 Maine Street, the stand-alone facility is a ground-up development and occupies 10,898 square feet of space adjacent to Ochsner Rehabilitation Hospital. This is the first joint venture of its kind in the region.
Three additional clinics are under construction and are expected to open between June and December of 2021:
- Ochsner Kidney Care – Algiers (4001 General De Gaulle Dr., New Orleans)
- Ochsner Kidney Care – Marrero (1201-1219 Barataria Blvd., Marrero)
- Ochsner Kidney Care – Metairie (4300 W. Esplanade Ave., Metairie)
Stirling Properties is serving as the developer on the projects as part of the company’s further expansion of healthcare real estate services. “Stirling Properties is proud and thankful to continue our partnership with Ochsner Health System. Our extensive commercial background and translatable skillset allow us to bring value to our healthcare clients and projects. As the demand for new medical services increases, so are our service lines to meet those local needs,” said Townsend Underhill, President of Development for Stirling Properties.
RED is serving as the architect on the projects. MAPP is the General Contractor, and Duplantis Design Group is the Civil Engineer.
Ochsner and NRC formed Ochsner Kidney Care, which will deliver a holistic approach as part of a new standard of care for people living with kidney disease. The new Ochsner Kidney Care centers, under the direction of the Ochsner Nephrology team, will provide comprehensive kidney care and long-term disease management for improved quality of life.
Stirling Properties and Ochsner Health System have previously worked together on the newly constructed $100+ million Ochsner Medical Complex – High Grove development in Baton Rouge, Ochsner Rehabilitation Hospital in Jefferson, the state-of-the-art Emergency Department and Imaging Center in LaPlace, Louisiana, and Ochsner Northshore Medical Complex (former Louisiana Heart Hospital) in Lacombe, St. Tammany Cancer Center in Covington, and countless other projects across Lousiana.