National Association of REALTORS® Selects Bradley Cook For Research Committee
Stirling Properties’ Sales and Leasing Executive, Bradley Cook, has been selected by the National Association of REALTORS® (NAR) as a Member at Large on its Research Committee. He will assume the position on December 1st of this year and serve through November 30th of 2018.
The NAR Research Committee focuses on market conditions in the real estate industry as well as developments in the general economy. It identifies topics on which research and information are needed in order to improve the productivity and profitability of REALTOR® firms, state associations, and local boards, and determines how that data can best be utilized.
The committee holds multiple meetings throughout the year and garners national and regional market data from its respective members to determine industry activity, trends, or topics that need to be the focus for legislative and/or lobbying efforts.
The goals of the 2018 Research Committee include the completion of an in-depth review of current major research reports and advise on needed changes or adjustments; identify new trends/issues related to the real estate industry and provide research support; and explore and develop improved methods of dissemination of, and ease the access to, research for members and stakeholders.
“I am excited to gain the insight that this committee will provide,” said Cook. “The opportunity to receive national and regional industry data, and to help the committee make critical decisions on the proper path forward for our industry is a tremendous responsibility.”
Cook is a member of Stirling Properties’ Commercial Brokerage Division and works from the company’s Northshore office located in Covington, Louisiana. His primary focus includes industrial, urban core, and land development as well as tenant representation in the retail and office markets. He has worked with numerous landlord and tenant clients from multiple industries including fitness, film, a micro-brewery start-up in the Baton Rouge market, and is the lead broker for Louisiana’s premier future industrial mega-site development.
He is a member of both the East and West St. Tammany Chambers of Commerce, the Louisiana CCIM Chapter, the Commercial Investment Division of the New Orleans Metropolitan Association of Realtors, and the National Association of REALTORS®. Cook holds a commercial real estate license in Missouri, Kansas, and Louisiana and is a CCIM candidate.
The National Association of Realtors is America’s largest trade association, representing over 1.2 million members, including NAR’s institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries. Membership is composed of residential and commercial realtors who are brokers, salespeople, property managers, appraisers, counselors, and others engaged in the real estate industry.
Bradley Cook can be reached at (985) 246-3720 or bcook@stirlingprop.com.
Walmart Grocery Pickup Location Coming to Metairie, Louisiana
Stirling Properties commercial real estate company is pleased to announce a recent lease to Walmart for a new standalone grocery pickup location in Metairie, Louisiana. The highly visible property is located at 615 Veterans Memorial Boulevard, between Aris and Focis Streets, in the former Whitney Bank location.
Photo courtesy of Walmart
Walmart will be renovating the existing building to include a roughly 4,000-square-foot, 2-story distribution facility. Work is expected to commence within the month, with an anticipated opening by the end of 2017.
The new-to-market grocery concept allows customers to order products online and pick them up at a selected location, usually a Walmart store. According to the retailer, more than 30,000 items—including produce, meat, seafood, dairy, bakery items, as well as health and beauty products–can be ordered online and picked up for free at designated sites.
The new facility on Veterans Memorial Boulevard will mark the first standalone grocery pickup location in the greater New Orleans region, allowing shoppers the convenience of a drive-thru site without ever having to exit their vehicles or visit a Walmart store. This facility also adds an additional grocery pickup location for consumers aside from the existing Walmart store located at 8912 Veterans Memorial Boulevard in Metairie.
Walmart is working to enhance its curbside pickup services in an effort to provide the same low prices as in stores, along with convenience to save customers time and money. Walmart is rapidly expanding grocery pickup locations, bringing the number to more than 1,000 sites nationwide.
Joe Gardner, CCIM, and Carly Plotkin, Sales & Leasing Executives with Stirling Properties handled the lease transaction on behalf of the landlord.
“Stirling Properties is excited to bring this new-to-market concept to the greater New Orleans region, while putting this high-profile property back into commerce,” said Gardner. “Consumer shopping behaviors are changing—they want choices and they demand convenience. Walmart is on the front lines in the push to provide omnichannel options for grocery shopping, and we hope this is just the first of more pickup locations to come to our area.”
What’s Happening at Fremaux Town Center?
Stirling Properties and CBL Properties are pleased to announce and welcome new tenants to Fremaux Town Center in Slidell, Louisiana.
Click to view larger image
Pizza Platoon has leased 2,500 square feet of restaurant space as part of a new building suite that was recently constructed on the east side of Levis Lane, across from LensCrafters. Build out is underway for the space and the eatery plans to open in the summer of 2018. Kay Jewelers occupies the additional 2,000 square feet and opened this past Wednesday.
Previously announced, Rock N Roll Sushi will celebrate its grand opening soon. European Wax Center is now open.
Ruth Garrett Way, a new road that connects Town Center Parkway and Bill Garrett Road (I-10 Service Road), opened for public access late this summer. This new infrastructure will provide access and utilities to open up another 50+ acres for development including the upcoming Springhill Suites.
Springhill Suites by Marriott is still on track to begin construction early next year and plans to open in the fourth quarter of 2018. The four-story hotel will have 88 rooms and will be located on the south side of the shopping center at the corner of Ruth Garrett Way and Bill Garrett Road.
Fremaux Town Center, anchored by Dillard’s, Dick’s Sporting Goods, Kohl’s, and Best Buy, is a roughly 350-acre regional mixed-use development located at the southwest corner of Interstate 10 and Fremaux Avenue in Slidell, Louisiana. The center includes approximately 635,000 square feet of retail and restaurant options, as well as Springs at Fremaux Town Center’s 296 luxury residential apartment units, and Springhill Suites by Marriott soon under construction. Additional phases are coming soon with added residential, retail, and office park.
Tenants include Albasha Greek & Lebanese Restaurant, Allure Spa, Aveda, Bath & Body Works, Bellagio Nail Spa, Best Buy, BJ’s Restaurant & Brewhouse, Books-A-Million, Buckle, Capital One, Carter’s, Charlotte Russe, Cheddar’s, Chico’s, Chipotle Mexican Grill, Claire’s, Dentists of Slidell, Dick’s Sporting Goods, Dillard’s, dressbarn, European Wax Center, Five Below, Five Guys Burgers & Fries, Forever 21 Red, Francesca’s, GNC, Goodyear, Great American Cookie Company, Journeys, Kay Jewelers, Kirkland’s, Kohl’s, LA Fitness, Lane Bryant, LensCrafters, LOFT, Longhorn Steakhouse, Luxe 83, Marble Slab, Massage Envy, Mattress Direct, Michaels, Off Broadway Shoe Warehouse, Panera Bread, Payless Shoes, PetSmart, Pier 1 Imports, Pizza Platoon (coming 2018), Rack Room Shoes, Red Robin, Rock N Roll Sushi, rue21, Smoothie King, Sports Clips, Springhill Suites by Marriott (coming 2018), Starbucks, Tesla (charging stations), T.J.Maxx, Torrid, Ulta Beauty, Verizon Wireless, Versona, Victoria’s Secret, Which Wich and Zales.
Fremaux Town Center is currently 97% leased, and jointly owned by affiliates of CBL Properties and Stirling Properties. Stirling and CBL manage and lease the property.
For leasing information, contact Ryan Pécot at 337.572.0246 / rpecot@stirlingprop.com or Tim Gilmore at 423.490.8358 / Tim.Gilmore@cblproperties.com
What’s Happening at Hammond Square?
Stirling Properties commercial real estate company announces a new tenant and numerous community events at Hammond Square in Hammond, Louisiana.
Hammond Square is pleased to welcome End of the Lane to the shopping center tenant lineup. End of the Lane, LLC will occupy 4,005 square feet of space on Main Street (between Justice and rue 21) and plans to open on November 17th, 2017—just in time for the holiday shopping season. The retailer will feature holiday décor, gifts, home furnishings, toys, clothing, accessories, and more. This will be the 2nd location for End of the Lane with an existing store in Baton Rouge. Rhonda Sharkawy, Senior Retail Leasing and Development Executive with Stirling Properties, handled the lease transaction.
Hammond Square is a proud supporter of CASA (Child Advocacy Services) and Cottages for CASA, a playhouse fundraiser to generate public awareness and support for the work of CASA and its services in our ten parish area. Local builders, painters, and designers have created a unique playhouse that will be raffled off to one lucky winner. The CASA Playhouse will be on display at Hammond Square through November 10th, so come by and check it out! Don’t forget to get your raffle tickets for a chance to win this awesome Kid Course designed by Holly and Smith Architects in Hammond, as well as numerous other prizes. Tickets are $10 each and the drawing will be held on November 11, 2017.
Hammond Square is also a supporter of Southeastern Louisiana University (SLU). The shopping center is an honored sponsor of the upcoming Homecoming festivities to be held this Saturday, October 28th. Homecoming activities will be centered in Friendship Circle on campus starting at 1:30 p.m. The annual Homecoming parade rolls at 2 p.m., followed by the “Lion Walk” as Head Coach Ron Roberts and the team make their way through Friendship Circle to Strawberry Stadium at 4:30 p.m. The Lions will kick off against Sam Houston State at 7 p.m. and the 2017 Homecoming queen and king will be crowned at halftime.
SLU’s mascot, Roomie, made a surprise visit to some of our stores earlier this month to get everyone in the spirit and make sure they were stocked with plenty of SLU gear. Come to Hammond Square for all of your SLU attire and tailgating needs. Lion Up! Participants will also be throwing Hammond Square drink cozies at the parade on Saturday, so be on the lookout.
Every 2nd Saturday of the month during March through November, Hammond Square hosts the Golden Oldies Cruise Night car show from 5:00pm-9:00pm at the end of Main Street. The events are free and open to the public. ($2 entry for show cars) Come out and enjoy an evening at the Square!
Don’t forget to mark your calendars for the upcoming Christmas at the Square event on Saturday, December 9th from 10am-12pm. More details will be released soon.
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. Anchored by Dillard’s, Target, The Home Depot, Sears, JCPenney, Academy Sports+Outdoors, and AMC Theatres, the 873,000-square-foot shopping center offers a dynamic mix of national and local retailers, shops, and restaurants. Stirling Properties redeveloped Hammond Square and currently manages and leases the center.
Tenants include Albasha Greek & Lebanese Restaurant, America’s Best Contacts & Eyeglasses, Bellagio Salon & Spa, Best Buy, Books-A-Million, Bra la Vie, Cato, Charming Charlie, Chase, Claire’s, East of Italy, End of the Lane (coming November 2017), Foot Locker, GNC, Great American Cookies, Hibbett Sports, Justice, Kay Jewelers, LA Nails Spa, maurices, Menchie’s Frozen Yogurt, Nagoya Sushi & Japanese Steakhouse, Norris & Co. Salon, Obsession, Olive Garden, Popcorn Bistro, Raising Cane’s, Rite Aid, rue21, Santa Fe Cattle Co., Shane’s Rib Shack, Shoe Dept. Encore, Smoothie King, Sport Clips Haircuts, Tailored, The Children’s Place, T.J.Maxx, ULTA Beauty, Verizon, Which Wich Superior Sandwiches, and Zales.
Connect with Hammond Square on the web at www.hammondsquare.com or “like” us on facebook.com/hammondsquare.
Red or White Wine & Gourmet Center coming to The Wharf in Orange Beach, Alabama
Stirling Properties commercial real estate company is pleased to announce that Red or White Wine & Gourmet Center is coming to The Wharf, located in Orange Beach, Alabama. Jeff Barnes, CCIM, Stirling Properties’ Broker, handled the lease transaction.
Red or White Wine and Gourmet Center will occupy 2,852 square feet of water-front space on the Ground Floor of Levin’s Bend, Suite D-128 at The Wharf, and plans to open in October of 2017. This will be the third location for Red or White in the coastal Alabama region, with existing sites in Mobile and Fairhope. The locally owned company features a wide variety of globally sourced retail wine selections, as well as a wine and tapas bar with an original menu and unique environment.
Positioned on 222 acres along the south side of the Intracoastal Waterway in Orange Beach, Alabama, The Wharf is one of the most dynamic and inviting mixed-use destinations along the Gulf Coast. Consisting of more than 376,000 square feet of commercial lease space, the current mix of tenants includes retail shopping and restaurant options, office and professional services, a 15-screen movie theater, a 112′ Ferris wheel, residential condominiums, convention space, meeting facilities, a 208-slip marina, a 132-room Springhill Suites by Marriott, and Burris Farm Market. Future plans include the development of prominent outparcels, including an exciting new zip line course scheduled to open in the fall of 2017.
For leasing information, contact Jeff Barnes, CCIM, at (251) 375-2496 or jbarnes@stirlingprop.com.
Sale of 220 West Garden Office Tower in Pensacola, Florida
Stirling Properties will resume management & leasing of the property
Rendering of proposed exterior renovations of 220 West Garden
Stirling Properties commercial real estate company is pleased to announce the closing on the sale of 220 West Garden (former SunTrust Tower) in Pensacola, Florida. The 95,329-square-foot, 10-story office tower was purchased by Civic Conversations, LLC, which is part of the Studer Family of Companies.
Jason Scott, Sales & Leasing Executive with Stirling Properties, worked on behalf of the seller on the property transaction. Stirling Properties will also resume the management and leasing assignments of the property. Exciting new renovations for the building are expected to commence in November of this year, with completion anticipated for the fourth quarter of 2018.
“We are glad that one of Pensacola’s most iconic buildings is going to continue to serve the Pensacola community in a fresh, new way,” said Scott. “We are equally excited at the opportunity to work with Studer Properties, LLP and its team to provide them with quality management and leasing services that complement Studer’s core mission for improving the quality of life.”
Studer’s plans for the property include a significant capital investment with the goal of turning it into a place for community discussions and dialogue, to host expert speakers on issues important to Pensacola, and create an open public space for citizens to meet and enjoy downtown, and a best-in-class event center.
While most of the building will remain a multi-tenant office tower, the renovation plans include converting the 17,000-square-foot ground floor into a community interaction area with café, lecture space, and an environment for other community gatherings. The existing exterior open space will become an urban plaza for musical events, outdoor movies, and other seasonal activities. The building’s ninth floor will include an observation room for visitors.
Rendering of proposed interior renovations of 220 West Garden
“Our goal has always been to improve the quality of life for people in Northwest Florida. Through our commercial ventures, we hope to help our community and our local businesses be more productive and profitable, which translates to more jobs and a better trained workforce,” said Quint Studer.
“Stirling Properties is proud to retain 220 West Garden as part of our commercial portfolio in the Pensacola region. We look forward to working with the Studers and their organization in its core mission to make Pensacola the best place to live and work,” said Will Barrois, VP & Regional Manager for AL/FL with Stirling Properties.
Stirling Properties is located at 220 West Garden Street, Suite 802 in Pensacola, Florida. Click here for more information regarding our services.
