Stirling Properties Names Carly Plotkin as Sales and Leasing Executive
Stirling Properties commercial real estate company is pleased to announce Carly Plotkin as Sales and Leasing Executive for its Commercial Brokerage Division. She will work from the company’s New Orleans office located in the Pan-American Life Center at 601 Poydras Street, Suite 2755.
Plotkin has extensive knowledge in the commercial real estate industry, with a primary focus on tenant and landlord representation, and a strong interest in the retail and hospitality market. She has worked with national, regional, and local clients in both marketing and leasing capacities.
Previously, Plotkin worked with The Howard Hughes Corporation, where she led local marketing and development efforts for the overhaul of the former Riverwalk Marketplace into the nation’s first downtown outlet center, The Outlet Collection at Riverwalk in New Orleans.
Prior to that, she served as Marketing Manager at the historic Hotel Monteleone and headed marketing efforts for projects such as the hotel’s 125th Anniversary, and The Carousel Bar & Lounge redesign and reopening.
A native of Winter Park, Florida, Plotkin is a graduate of Tulane University with a Bachelor’s degree in Consumer Behavior/Marketing and Management. She obtained her real estate license in 2015.
Plotkin is a member of the International Council of Shopping Centers (ICSC) and currently holds the role of ICSC’s Next Generation Committee Chair for the state of Louisiana. She is also a member of the Retail Broker’s Network (RBN) and NOMAR CID (New Orleans Metropolitan Association of Realtors Commercial Investment Division). Plotkin is affiliated with several nonprofit organizations, including Loyola University Executive Mentor Program, Cystic Fibrosis Foundation, Ochsner Cancer Institute and French Quarter Festival, Inc. Most recently, she was accepted into the Anti-Defamation League’s 2016-2017 Glass Leadership Institute program.
Carly Plotkin can be reached at (504) 620-8120 or cplotkin@stirlingprop.com.
Stirling Properties Announces Lease For The SteaKhouse in Hammond, Louisiana
Stirling Properties commercial real estate company is pleased to announce the lease of 4,035 square feet of restaurant space to The SteaKhouse in Hammond, Louisiana.
The SteaKhouse will be moving from its current space on East Thomas Street, to a newly constructed building located at 200 Southwest Railroad Avenue, at the corner of SWRR Avenue and West Morris. Stirling Properties Senior Investment Sales Advisor, Beezie Landry, handled the transaction. The new restaurant location, a development referred to as Square 71, is owned by Bruce O’Krepki and is currently under construction.
The SteaKhouse owners Blake and Megan Kinchen said that they plan to open in the newly expanded space this fall. “We are so happy to be moving into this new beautiful building that will offer more room to accommodate our guests. Our business is growing tremendously and we truly thank the community for your continued support and patronage. We hope you will come visit us in our new place this fall!” said Megan Kinchen.
“Stirling Properties is thrilled to be able to work with The SteaKhouse to find the perfect location for their growing business,” said Landry. “We are confident in the success of this area, and we look forward to serving the growing commercial real estate needs of Hammond and surrounding areas for many years to come!”
Stirling Properties has been at the forefront of commercial real estate brokerage, management and development in Hammond and surrounding areas of South Louisiana. Stirling Properties has developed more than 3.7 million square feet totaling $465 million since 2010, with close to 100 million square feet of property and land for sale or lease, almost exclusively in Louisiana. Other Stirling Properties management and development projects in Hammond include Hammond Square, Seville Plaza, and Palace Centre East, just to name a few.
For more information, please visit stirlingproperties.com.
For leasing information, contact Beezie Landry at blandry@stirlingprop.com or (985) 246-3781.
Shreveport-Bossier City Retail Market Survey 2016
Stirling Properties is pleased to present the 2nd annual Shreveport-Bossier City Retail Market Survey. This report, compiled by Stacy Odom and Karen Hannigan, Broker Associates of our Shreveport office, is intended to give the reader a broad understanding of the market as well as specific information about the available square footage, occupancy and rental rates of each retail center greater than twenty thousand (20,000) square feet. It was created to be a resource for agents as well as tenants, landlords, developers, lenders, fellow brokers and anyone else looking for information about the Shreveport-Bossier City retail market.
All information provided in this report would not be possible without the cooperation of our staff and colleagues and we would like to thank all of those who contributed.
Mobile Office Market Assessment 1st Quarter 2016
Stirling Properties is pleased to present the 2016 first quarter Mobile Office Market Survey. This report, compiled by Jack Conger and Jill Meeks, Sales and Leasing Executives of our Mobile office, is intended to track the direction of the office market by establishing an absorption rate, a market occupancy rate and an average rental rate for West Mobile and the downtown Central Business District (CBD) on office buildings greater than 20,000 square feet. It was created to be a resource for agents, as well as tenants, landlords, developers, lenders, fellow brokers and anyone else looking for information about the Mobile Office market.
Jack Conger is our newest Sales and Leasing Executive in our Mobile office, focusing on industrial and office brokerage. Jill Meeks has over 27 years’ experience in commercial real estate.
Here’s an excerpt from Jack and Jill’s Market Assessment:
Since the Q3-15 survey, the office buildings surveyed in this report in West Mobile experienced a very modest increase in average occupancy rate from 80% to 80.1%, and the average rental rate decreased from $15.61 to $15.45/per square foot. West Mobile has a fair amount of older, unimproved office space available at below-market rental rates that contributes to low rental rates. We have seen several new Healthcare related expansions in West Mobile and expect that this trend will continue around the hospital campus.
In the CBD, there was a decrease in the occupancy rate from approximately 72% to 65.9%, and average rental rates decreased from $17.42 to $17.29/per square foot. The decrease in the occupancy rate is due in part to a few notable transactions: Regions Bank’s consolidation of its St. Francis Street and Water Street branches, Servis1st Bank’s relocation to the redeveloped Phelps Dunbar office at Royal and Dauphin Street, and lastly, BBVA Compass Bank and Phelps Dunbar’s move into RSA’s recently completed Van Antwerp renovation.
Overall leasing activity in updated CBD office buildings continue to be solid, along with demand for smaller renovated historic properties.
Please click here to view and download the PDF of the Mobile Office Market Survey. This survey provides a good summary of the Mobile office market and my hope is that it becomes a valuable resource in the market.
Stirling Properties Brokers Sale Of 16.1 Acres For Walmart Supercenter In Carencro, Louisiana
Carencro will soon have a WalMart Supercenter! Stirling Properties commercial real estate company has brokered the sale of 16.142 acres to Wal-Mart Real Estate Business Trust for the development of a WalMart Supercenter. The 182,000-square-foot store is expected to hire up to 300 workers.
The soon-to-be supercenter will be located at 3810 NE Evangeline Thruway in Carencro, South Louisiana, near the northwest corner of Interstate 10 and Interstate 49 intersection, just outside the City of Lafayette.
Ground was broken earlier this month, with anticipated opening in early 2017.
Stirling Properties Sales and Leasing Executive, Seth Citron and Senior Retail Leasing and Development Executive, Ryan Pécot handled the transaction.
“We are excited to be a part of the growing community in Carencro. Residents here have anxiously awaited the arrival of a WalMart, and now they are finally getting it,” said Seth Citron, Stirling Properties Sales and Leasing Executive. “Stirling Properties is happy to continue our long and successful relationship and brokerage history in South Louisiana and surrounding areas.”
Since 2011, Stirling Properties has handled 2,255 transactions, with $1.3 billion in commercial sales volume, and currently has more than 81 million square feet of property and land for sale or lease, almost exclusively in Louisiana. Stirling Properties management and development projects in the Lafayette area include Ambassador Town Center, Ambassador Row, Stirling Lafayette, Village at Southpark, Retreat at Acadian Point and Pinhook Office Center, just to name a few.
Stirling Properties is located in Pinhook Office Center at 1819 West Pinhook Road, Suite 200 in Lafayette, Louisiana. For more information regarding our services, please visit us at stirlingproperties.com.
Stirling Properties Commercial Real Estate Agents Among Top Producers At Annual NOMAR CID Awards Ceremony
Stirling Properties commercial real estate agents were honored during the New Orleans Metropolitan Association of Realtors (NOMAR) Commercial Investment Division (CID) 23rd Annual Achievement Awards ceremony, held Friday, April 8th at the Audubon Tea Room.
Chris Abadie, Rhonda Sharkawy, Gaines Seaman
Leading the way was Rhonda Sharkawy, Senior Retail Leasing and Development Executive, with more than $28 million in sales volume for 2015. Sharkawy was inducted into the CID Hall of Fame after having received the prestigious F. Poche Waguespack Award for highest volume of sales and leases in the greater New Orleans area for the last five consecutive years. She is one of only a handful of women to receive this esteemed award since its inception in 1964.
Gaines Seaman, Sales and Leasing Executive, received the Overall Top Landlord Office Lease, Top Tenant Rep Office Lease and the Overall Top Office Producer, with nearly $19 million in production for 2015.
Joe Gardner, Sales and Leasing Executive, Beezie Landry, Senior Investment Sales Advisor, Sharkawy and Seaman were also among Achievement Award recipients, for obtaining total commercial credit sales and leasing in excess of $2.5 million.
The goal of the Commercial Investment Division (CID) Awards is to review and recognize individual achievement among commercial real estate practitioners who are members in good standing of the New Orleans Metropolitan Association (NOMAR) of REALTORS®.
