Commercial

Stirling Properties to Serve as Exclusive Tenant Rep for Planet Fitness in Greater New Orleans Area

Stirling Properties has recently been awarded the exclusive commercial tenant representation for United PF Partners, a Planet Fitness Franchisee Group, in the greater New Orleans area.

Planet Fitness

Planet Fitness has become one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S. by number of members and locations. With more than 1,600 locations in 50 states, Canada and Latin America, Planet Fitness has continued to spread its unique mission of enhancing people’s lives by providing an affordable, high-quality fitness experience in a welcoming, non-intimidating environment.

United PF is the largest Planet Fitness Franchisee Group in the nation and growing at a pace of over 20 new clubs per year. There are currently seven Planet Fitness locations in the greater New Orleans area, including Covington, Gretna, Kenner, Metairie, New Orleans (Crowder Blvd.), River Ridge, and Slidell. Moving forward, United PF’s expansion goal is to ensure total market penetration, allowing convenient and affordable fitness access for all consumers in the market.

Ryan Pécot and Carly Plotkin, Stirling Properties’ Sales and Leasing Executives, are the exclusive tenant representatives for United PF and are working to secure new retail locations for the fitness franchise.

“We are thrilled about our latest partnership with Stirling Properties. With their additional expertise, we look forward to inviting new community members into our clubs and increasing convenience for our members in the Greater New Orleans region,” said Seth Parker, VP of Club Development for United PF.

“Planet Fitness is one of the leading fitness center franchises in the country, and they are planning an aggressive expansion targeting Southeast Louisiana,” said Pécot. “Stirling Properties is excited to have the opportunity to partner with Planet Fitness to help them identify and select the optimal locations to exceed their real estate goals. We look forward to announcing new locations to serve the greater New Orleans area very soon.”

For leasing information, contact Ryan Pécot at rpecot@stirlingprop.com | (337) 572-0246 or Carly Plotkin at cplotkin@stirlingprop.com | (504) 620-8120.

Fresh Food Eatery, Coffee Shop and Clothing Boutique to Open in LSU’s Nicholson Gateway

LSU and Stirling Properties announced today that Frutta Bowls, Starbucks and Private Stock apparel boutique will be retail tenants in the university’s new Nicholson Gateway Development Project, currently under construction on a 28-acre site of the Nicholson Drive Corridor, between West Chimes Street and Skip Bertman Drive.

Nicholson Gateway

The three tenants join anchor retailer Matherne’s Market and fast food restaurant Wendy’s in the roughly 50,000-square-foot retail component of Nicholson Gateway, which will serve residents of the project, the LSU community and visitors, as well as the surrounding Baton Rouge area.

“We are thrilled to have Frutta Bowls, Starbucks and Private Stock join Matherne’s Market and Wendy’s in our campus community. I’m confident these new neighbors will enhance the Nicholson Gateway living experience for the more than 1,500 students who will call this new space home in just a few weeks,” said LSU Assistant Vice President of Residential Life Steve Waller.

Matherne's Market

Matherne’s Market currently under construction

Opening its first Louisiana location, Frutta Bowls is a quick-service eatery offering acai, pitaya, oatmeal and kale bowls topped with fresh ingredients like fruit and granola. Their menu also includes smoothies, protein bites, kombucha and grab-and-go items. 

Private Stock offers a selection of upscale sneakers and trendy apparel in a fashion-forward, hip atmosphere. Owner Donnie Alfred is a graduate of LSU and former LSU Track and Field sprinter, and is excited to move his Baton Rouge, La., store location closer to students. 

Starbucks will operate a licensed location at LSU with indoor and outdoor seating to be a neighborhood gathering place for Nicholson Gateway residents, all LSU students, faculty, staff and visitors.  

Nicholson Gateway Baton Rouge, Louisiana

Nicholson Gateway Rendering

The LSU Property Foundation, an affiliate of the LSU Foundation, is facilitating Nicholson Gateway. Stirling Properties is serving as the retail developer and leasing broker on the project, working with the prime developer, Georgia-based RISE Real Estate, which specializes in student housing. Stirling Properties will also handle ongoing retail property management.

Opening this month, Nicholson Gateway will include 763 units of apartment-style housing for over 1,500 students, with associated residential support spaces, such as lounge spaces, study areas, community gathering places and retail food service. The project, focused on the largest underdeveloped tract of university-owned property that is adjacent to the campus core, will turn what has traditionally been the back of the campus into an exciting new gateway district while responding to demands for on-campus housing and supporting student success,  improving the campus living experience for both undergraduate and graduate students.

For retail leasing information, please contact Dottie Tarleton, CCIM at dtarleton@stirlingprop.com / 225-922-4253 or Rhonda Sharkawy at rsharkawy@stirlingprop.com / 504-620-8145.

For student leasing information, visit lsu.edu/nicholson. Information about the overall project is available at nicholsongateway.com.

August 2, 2018|Baton Rouge Metro, Blog, Commercial, development, Retail|

New Tenants Coming to Premier Centre in Mandeville

Stirling Properties commercial real estate company is pleased to welcome new tenants to Premier Centre in Mandeville, Louisiana.

Premier Centre

  • Jose Balli Jewelry will occupy 1,200 square feet of retail space in the former Aéropostalelocation. The southern Louisiana-based jeweler features award-winning gold and sterling silver designs, including Bayou State motifs, such as seafood, alligators and fleurs de lis. This will mark the 5th Louisiana location for the popular jewelry store. It is anticipated to open this December.  
  • J.Jill women’s apparel, accessories, and footwear is leasing the remaining 3,800 square feet of space to complete the retenanting of the building. J.Jill is a national omnichannel retailer and currently operates four additional locations in Louisiana, including Shreveport, Baton Rouge, Metairie, and Lafayette. The anticipated opening date is scheduled for early spring of 2019.

Rhonda Sharkawy, Senior Retail Leasing & Development Executive, is the exclusive commercial broker for Premier Centre and worked with both tenants to secure their new locations.

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 99% leased. Stirling Properties developed Premier Centre, and manages and leases the property.

Tenants include: Whole Foods Market, Bed Bath & Beyond, T.J.Maxx, Stein Mart, Forever 21 Red, Barnes & Noble, Old Navy, Rack Room Shoes, Gap/Gap Kids, Victoria’s Secret, American Eagle Outfitters, Banana Republic, LOFT, Blu Spero, Buckle, Bath & Body Works, H.W. Rosenblum, Earthsavers, Motherhood Maternity, la Madeleine, and Pinkberry. Electric car charging stations are also available in the parking lot near Whole Foods.

Stirling Properties has developed more than 21.3 million square feet of property totaling $1.8 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 or (504) 620-8145.

Stirling Properties To Manage and Lease Seaway Plaza in Gulfport, Mississippi

Stirling Properties commercial real estate company has assumed the property management and leasing contract for Seaway Plaza in Gulfport, Mississippi.

Seaway Plaza

Seaway Plaza is a 33,982 square foot, two-story office building located at 14055 Seaway Road, minutes from the Mississippi Gulf Coast Community College, Gulfport-Biloxi International Airport, Gulfport Premium Outlets, and a variety of restaurants and hotels. The multi-tenant office building is approximately 70% leased and tenants include New Coast Cardiology and Progressive Insurance Company. 

Stirling Properties has been assigned full management responsibilities including operations, accounting and brokerage services.

For information on property management & leasing, please contact Jason Scott at jscott@stirlingprop.com / (251) 342-7229 or Jill Meeks at jmeeks@stirlingprop.com / (251) 342-7229.

Stirling Properties manages more than 19.5 million square feet of commercial real estate with over 400 million square feet of property and land for sale or lease. Other Stirling Properties management projects in the area include Orange Grove and Hardy Court shopping centers in Gulfport, Choctaw Plaza in Waveland, and Academy Sports + Outdoors and Lakeview Village II & III in D’Iberville, among others.

Culver’s Restaurants Coming To Alabama

1st location currently under construction in Foley

Culver’s Restaurants

Image credit: www.culvers.com

Stirling Properties is pleased to welcome the 1st Culver’s restaurant to Foley, AL.

Culver’s franchisee Curtis Herbig recently closed on the acquisition of a 1-acre parcel of land located at 3201 South McKenzie Street in Foley for construction of the restaurant. Work on the site has commenced, and the projected opening date is anticipated for early November of 2018. Andrew Dickman, Sales & Leasing Executive with Stirling Properties, worked with Culver’s to secure the property.

“Culver’s is thrilled to open our first restaurant location in Alabama—and to introduce the market to our signature frozen custard and ButterBurgers, among our numerous other delicious menu offerings,” said Herbig. “Culver’s has a long history of commitment and engagement in the communities that we serve, and we look forward to getting to know our new neighbors and extending our Culver’s family.” 

“Stirling Properties is proud to finally welcome Culver’s to Alabama,” said Dickman. “This deal truly demonstrates the strength of our local economy and reiterates the attractive qualities that our market has to offer businesses. Culver’s is an exciting restaurant addition that area residents and visitors alike will enjoy for many years to come.”

According to an announcement from Culver’s, other restaurants are in the planning stages for Alabama, however specific locations and timelines have not been determined.

Midwest-based Culver’s is an expanding fast-casual franchise chain with over 660 independently owned and operated restaurants in 24 states. Alabama will be the chain’s 25th. Signature menu items include the ButterBurger®, (from the lightly buttered bun) made from fresh, never frozen U.S. beef, and fresh Frozen Custard, including the famous Flavor of the Day program. The restaurants’ award-winning customer service is based on small-town, Midwestern values, genuine friendliness and an unwavering commitment to quality and cleanliness.

July 5, 2018|Alabama, Commercial, Deals, news, Press Releases, Retail|

Stirling Properties’ Commercial Agents Among Top Industry Producers In The Greater New Orleans Area

Stirling Properties commercial real estate agents were recently honored for outstanding industry achievements and transactions during the New Orleans Metropolitan Association of REALTORS® (NOMAR) Commercial Investment Division’s (CID) 25th Annual Achievement Awards ceremony.

Stirling Properties at the New Orleans Metropolitan Association of REALTORS® (NOMAR) Commercial Investment Division’s (CID) 25th Annual Achievement Awards

(Pictured L to R: Chris Abadie, Sonia Shoemaker, Carly Plotkin, Lauren Ryan, Joe Gardner, Melissa Warren, and Gaines Seaman)

Gaines Seaman receives the F. Poche Waguespack Award

Gaines Seaman receives the F. Poche Waguespack Award

Gaines Seaman, Sales & Leasing Executive, earned the Overall Top Producer of 2017 and was the recipient of the prestigious F. Poche Waguespack Award for outstanding achievement with a sales and leasing volume of more than $33.9 million. Seaman was also awarded for Top Landlord Office Lease and Overall Top Office Producer. Additionally, he was instrumental in brokering the deal that earned Stirling Properties 2nd Place for Largest Transaction Award to a Company with the recent 178,000-square-foot office lease to DXC Technology in New Orleans’ CBD.

 

 

Rhonda SharkawyRhonda Sharkawy, Senior Retail Leasing & Development Executive, was the overall top retail producer in the greater New Orleans area with a sales and leasing volume of nearly $38 million in 2017. She received the newly created designation of Overall Hall of Fame for Retail Achievement. She was also awarded Top Landlord Retail Lease and Most Transactions for 2017. A Hall of Fame was created in 2014 after Sharkawy received the F. Poche Waguespack Award five years in a row.

Lauren Ryan, Sales & Leasing Executive; Melissa Warren, CCIM, Sales & Leasing Executive; and Beezie Landry, Vice President of Investment Advisors were among Production Award recipients for obtaining total commercial credit sales and leasing of more than $2.5 million.

With forty agents and ten offices spanning the Gulf South region, Stirling Properties’ brokerage team specializes in all aspects of commercial real estate including retail, office, industrial, and investment sales. In 2017, our commercial brokers completed 651 transactions totaling 5.1 million square feet, with a total commercial volume of over $318 million.

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