ICSC World Summit – Shanghai, China
I just recently returned from the ICSC World Summit in Shanghai, China, where worldwide trustees gathered for a meeting.
I was asked to take part in one of the panel discussions to talk about Stirling Properties and the risks, challenges, and opportunities of being a private, regionally-focused real estate firm that deals in multiple property types.
In contrast, others on the panel were CEOs of large public REITs and foreign-based development firms who discussed the same issues from their vantage points.
Needless to say, my perspective was starkly different from theirs in many aspects.
Interestingly enough, several other trustees approached me afterwards to say how much they envied our position of being able to grow in our own backyard and carve a unique niche for ourselves.
What was amazing was that these comments came from some of the largest multinational retail developers in the world.
Sometimes going halfway around the world helps us to focus even more clearly on our own backyard.
Walgreens on Magazine – Update 8/20/12
One of the main iconic symbols of the former American Legion Hall will be relocated within the new Walgreens retail floor area as a tribute to the former Service Men and Women who built and maintained this Post. Originally our plans were to try to recreate the image in another location of the store, but after some serious “napkin engineering” our Contractor [Shamrock Construction] devised a plan to excavate, underpin and relocate the symbol thereby saving the original Terrazzo Artwork. The new store will have all new finishes throughout, as well as a wall of dedication to the former American Legion Hall that will consist of images of photos and memorabilia of the once busy Hall. Shown in the image are team Shamrock craftsmen and supervisors in the initial stage of removal…..stay tuned for more.
Eye on the Market Highlights – August 8, 2012
Stirling Properties’ Eye on the Market research alert is emailed to our mailing list and features all the latest news and market reports about the Gulf South. We scan local and regional news outlets, as well as economic development groups, university research centers, and more, so that we can compile all the relevant rankings, news, economic development announcements, reports and more in one convenient place. Some highlights from our August 8, 2012 Eye on the Market include:
Occupy Lafayette – Stirling’s Ryan Pecot discusses Lafayette’s occupancy rates – The Independent
Louisiana Ranked Among Top 10 in U.S. across numerous categories – Business Facilities
Louisiana earns Honorable Mention for “State of the Year” – Southern Business & Development
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Eye on the Market Highlights – July 23, 2012
Stirling Properties’ Eye on the Market research alert is emailed to our mailing list and features all the latest news and market reports about the Gulf South. We scan local and regional news outlets, as well as economic development groups, university research centers, and more, so that we can compile all the relevant rankings, news, economic development announcements, reports and more in one convenient place. Some highlights from our July 23, 2012 Eye on the Market include:
The Fresh Market to Open St. Charles Avenue Store in New Orleans on July 25th
Louisiana Ranked Among Top 5 States for Best Business Climate in the U.S. – Business Facilities
New Orleans Tops Fastest-Growing Cities List – BusinessReport
Lafayette Among Fastest Growing Cities Forecast – The Independent
Louisiana, Southeastern States Lead Job-Training Efforts – BusinessReport
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Eye on the Market Highlights – June 2012
Stirling Properties’ Eye on the Market research alert is emailed monthly to our mailing list and features all the latest news and market reports about the Gulf South. We scan local and regional news outlets, as well as economic development groups, university research centers, and more, so that we can compile all the relevant rankings, news, economic development announcements, reports and more in one convenient place. Some highlights from our June 2012 Eye on the Market include:
Louisiana up 14 spots in 2012 Best States for Business – Chief Executive
Louisiana in Top 10 for State Economic Momentum– NOLA.com
Louisiana earns ‘A’ for small-business friendliness – Kauffman Foundation
Lafayette #1 among “Best Mid-Size Cities for a Job”– Forbes
A Tech Buildup on the Bayou – The Wall Street Journal
New Orleans is Beginning to Attract National Retailers– NOLA.com
‘Tide Has Turned’ for South La. Commercial Market – Business Report
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