Stirling Properties Expands Gulf South Presence with New Office in Mobile, Alabama
COVINGTON, LOUISIANA (OCTOBER 15, 2013) – Stirling Properties is pleased to announce the opening of a new office in downtown Mobile, Alabama at 182 St. Francis Street, Suite 101. As the company’s first location in Alabama, the office joins 11 other offices located in Louisiana and Mississippi to further strengthen Stirling Properties’ presence in the Gulf South.
“This office will not only serve the surging market and growing economy of Mobile, but also anchor the eastern side of the Interstate 10 corridor for Stirling Properties,” stated Marty Mayer, President and CEO of Stirling Properties.
Will Barrois is Stirling’s Vice President and Regional Manager of Alabama/Florida. Mr. Barrois will expand Stirling’s market presence by pursuing acquisitions of retail, office and multi-family properties, seeking new third party property management and brokerage assignments, exploring development and redevelopment opportunities, and building a top-tiered commercial brokerage team to serve Alabama and Florida.
“We are proud to be part of the growing commercial real estate market in the Gulf South. The future of Mobile is bright and the area is poised for tremendous growth,” said Will Barrois. “We’re looking forward to serving our clients throughout Alabama and Florida from our new Mobile office.”
For your commercial real estate needs in Alabama or Florida, contact Stirling Properties at the new Mobile office located at 182 St. Francis Street, Suite 101, Mobile, Alabama or call (251) 706-6457.
The Strength of the Gulf South
I wanted to share a PowerPoint I recently presented at a meeting highlighting the strength of the Gulf South. In recent years, the Gulf South has been gaining the Nation’s attention and rising to the top of many National Rankings. Activity in the Gulf South is driven by achievements in a variety of areas, must notably Energy/Oil & Gas Production, Chemical Processing, Aerospace, IT & Digital Media, the New Orleans BioDistrict and Coastal Restoration.
When you look at the entire picture of what is happening down here – from the LNG facilities in Lake Charles, Airbus in Mobile, the IBM announcement in Baton Rouge, the medical corridor in New Orleans, and the activity in the IT sector and coastal restoration – it is an amazing picture. Truly. Nowhere else in the country is this level of activity occurring.
Click the image below to view the presentation.
Alabama Center for Real Estate’s Executive Exchange
With my recent relocation to the Mobile market as Vice President and Regional Manager of Alabama and Florida with Stirling Properties, I was invited to join the Leadership Council for the Alabama Center for Real Estate (ACRE) as well as become a lunch sponsor at the ACRE Executive Exchange Forum in Montgomery – all in one week! I used this very timely opportunity to introduce myself and Stirling Properties to the leaders of the Alabama real estate community.
Included in the forum lineup was the keynote speech from Dr. David Bronner, CEO of the Retirement Systems of Alabama (RSA), whom I found to be very relevant and instrumental in the recent success the state has had in recruiting new industry. Of the many great points made by Dr. Bronner, I was surprised to hear that RSA owns multiple television and radio stations around the country along with the largest billboard company in the U.S. and they use this media as a negotiating tool to help lure new businesses as well as promote their Alabama investments, that include the Robert Trent Jones Golf Trail and multiple high-end hotel and office properties located throughout the state. Another point Dr. Bronner made was “when it comes to real estate investment, it’s better to put your money into places you’re familiar with” which is why I and the owners of Stirling Properties made the decision to open an office in this market versus trying to run it from our corporate headquarters in Louisiana.
Stirling Properties was thrilled to be a sponsor of the Executive Exchange and I enjoyed meeting those leaders from around the state of Alabama that are making a difference. Stay tuned as we will be announcing the opening of our office very soon!
Mobile, Alabama Garners International Attention
I wanted to share this article from Mobile’s Press-Register, “Mobile Chamber President: Area Must Capitalize on ‘Great Window of Opportunity’ after 2013 Paris Air Show,” that highlights how Mobile is now seen internationally as a new center for aviation and aerospace.
It is a great article about the surging Mobile, Alabama market and it underscores the reasons why Stirling is opening an office there this year. This office will not only serve this growing economy, but also anchor the eastern side of the Interstate 10 corridor for us.
Will Barrois, our Vice President and Regional Manager for Alabama and Florida added, “The future of Mobile is bright and the area is poised for growth. Our active customer base is looking forward to us expanding our presence there.”
East Coast, West Coast…Emergence of the Third Coast
I wanted to share this recently published article, “The Rise of the Third Coast,” by Joel Kotkin, an internationally-recognized researcher and author on global, economic, political and social trends. In the piece, Kotkin describes the “Third Coast,” in large part driven by a “resurgent New Orleans” region, as “one of the major forces in twenty-first-century America.”
One quote in this article that is particularly striking to me is regarding the education system:
In a new report, government efficiency expert David Osborne describes New Orleans’s reforms as a “breakthrough.” The results, he says, are “spectacular: test scores, graduation rates, college-going rates, and public approval have more than doubled in five years.” He adds, “I believe this is the single most important experiment in American education today.”
Stirling Properties Appointed Management Firm for Bel Air Park II Office Building in Mobile, Alabama
COVINGTON, Louisiana —- (May 23, 2011) Stirling Properties announces their appointment as the management firm of an office building in Mobile, Alabama known as Bel Air Park II. The management appointment, effective April 27th, 2011, was awarded through foreclosure by owner Wells Fargo Bank N.A.
Bel Air Park II is a two-story office building containing 128,000 square feet of office and ground floor space. Tenants include Thompson Engineering, Blue Cliff College, Virginia College, AT&T Services and Allied Electronics.
“Stirling Properties has had a history of maximizing value and developing comprehensive management plans and we plan to affect those strategies to meet the goals of the owner of Bel Air Park II,” said Donna Taylor, Stirling Properties’ Senior Vice President of Asset Management and New Business Development.
Mrs. Taylor continued by adding, “This appointment is pivotal in solidifying Stirling Properties as a top Gulf Coast management firm. We are excited about the opportunity to bring our experience to all property types as well as to continue to grow our management business in the Gulf South.”
With the addition of this appointment, Stirling Properties’ office management portfolio now includes 25 buildings throughout Louisiana, Mississippi and Alabama which total over 3 million square feet of managed space. The entire management portfolio totals close to 13 million square feet and encompasses the management of office, retail and industrial properties as well as residential condominiums, golf courses and golf course communities.
For more information about Stirling Properties’ services, please contact Donna Taylor, Senior Vice President of Asset Management & New Business Development, at 1-888-261-2022 or 985-246-3758 or via email at dtaylor@stirlingprop.com.
