Commercial

Stirling Properties’ Commercial Agents among Top Producers at Annual CID Awards Ceremony

Stirling NOMAR CID WinnersStirling Properties’ commercial agents were honored during the New Orleans Metropolitan Association of Realtors Commercial Investment Division’s 21st annual awards banquet held Friday, April 4, 2014 at the Southern Yacht Club.

Leading the way was Rhonda Sharkawy, who received the F. Poche Waguespack Award for having the highest volume of sales and leases in the marketplace for the year. This is her fourth consecutive year to receive this honor and one of only a handful of women to achieve it since it was created back in 1964. Rhonda’s volume totaled more than $45 million as well as winning the award for most commercial transactions, with 83 in total for 2013.

In addition to celebrating the top producers and transactions of 2013, the awards ceremony also recognized commercial agents who passed the $2 million mark in sales. Also recognized was Gaines Seaman who received the Overall Top Office Producer Award with more than $14 million in volume and Joe Gardner who had the Top Dollar Retail Lease with a volume of over $5 million.

Stirling Properties Celebrates Team Members at Annual Stirling Honors Event

On Thursday, March 27, Stirling Properties hosted the company’s annual Stirling Honors meeting and recognition luncheon at Rosy’s Jazz Hall in New Orleans. Stirling Honors is a day to honor the hard work and dedication of the entire Stirling Team and to award Commercial Production Awards and Service Awards. Keynote Speaker Scott Aiges, Director of Programs, Marketing & Communications of the New Orleans Jazz and Heritage Foundation, spoke about the Foundation’s mission and all of the programs offered in the areas of education, economic development and cultural enrichment. The day’s events also included performances by students and faculty from The Don Jamison Heritage School of Music, the New Orleans Jazz and Heritage Foundation’s principal music education program. Stirling Properties was pleased to present Mr. Aiges with a donation to the New Orleans Jazz and Heritage Foundation to help in their efforts to support New Orleans’ education, economy and culture. Commercial Award recipients received recognition for Bronze, Silver, Gold, Platinum, Diamond and Ruby production levels based on individual Adjusted Gross Commission numbers for 2013. Included in the awards were special recognitions given to Rhonda Sharkawy, Senior Retail Leasing and Development Executive in the New Orleans office, for the Most Transactions and Top Agent. Also recognized was Seth Citron, Sales and Leasing Executive in the Lafayette office, for having the highest production level improvement over the previous year.

  • Platinum Award 2013: Seth Citron – Lafayette Office

Also recognized were employees who achieved special anniversaries with the company. Service Awards were given to 5, 10, 15, 20 and 25 year milestones.

  • 25 Years Lewis Stirling – New Orleans Office
  • 15 Years Joe Goudeau III – Baton Rouge Office Barbara Meaux – Lafayette Office
  • 10 Years Cyndie Quave – Covington Office Gerry Catanese – Covington Office Peggy Sayler – Covington Office Gena Randall – Covington Office
  • 5 Years Joe Gardner – New Orleans Office Doug Ferguson – Covington Office Cheri Pareti – New Orleans Office Tricia Autin – Westpark Storage Office Tammy Cox – Westpark Storage Office Marie Crawford – Covington Office

Stirling Properties Completes Acquisition of Ansley Place Apartments in Houma, LA

Ansley PlaceStirling Communities II, LLC, an entity of investors led by Stirling Properties, successfully completed their acquisition of Ansley Place Apartments. Ansley Place is a 246-unit “Class-A”, luxury garden-style apartment community located at 100 Ansley Place Court in Houma, Louisiana. Completed in 2008, the Property encompasses thirteen (13) two- and three-story apartment buildings, one (1) single-story leasing office, and four (4) single-story garage buildings on 21 acres of land. The deal closed on April 1, and involved the assumption of an existing HUD 223(f) loan on the property.

“We believe the frenzied activity at Port Fourchon resulting from the return of Gulf exploration, significant expansion projects currently underway at several key service firms in the Houma area, the fully booked pipelines at the shipyards of Edison Chouest and Bollinger, and the various coastal restoration projects either underway or planned, will lead to a substantial increase in the population and employment base of the Houma area over the next five years. With its excellent location, superior floor plans, and premier status in the market, Ansley Place offers our investors a high quality asset located directly in the path of Houma’s growing economy. ,” said Justin Landry, head of Multi-Family Asset Management for Stirling Properties.

“Multi-family is an asset class that Stirling Properties has grown very bullish on in recent years based upon the demographic and economic trends in the nation,” stated Marty Mayer, President and CEO of Stirling Properties. “With the addition of Ansley Place Stirling Investors’ portfolio has grown to more than1,000 units, a significant milestone considering three years ago they did not own a single unit.”

BH Management Services, based in Des Moines, Iowa, runs the day to day activities of the property as is the case with all of Stirling’s 1,042 units.

For more information about Stirling Properties Acquisition Team and its objectives contact Jeff Marshall at (985) 246-3765 or jmarshall@stirlingprop.com.

Stirling Properties Welcomes Jeff Barnes, CCIM to its Mobile, AL Team

Jeff BarnesStirling Properties is pleased to announce the addition of Jeff Barnes, CCIM to the Commercial Brokerage Division as Sales and Leasing Executive. Mr. Barnes will work from the company’s Mobile, Alabama office located at 182 St. Francis Street, Suite 101.

Mr. Barnes brings with him over 25 years of experience in Commercial Real Estate. Prior to joining Stirling Properties, Mr. Barnes was with Coldwell Banker Commercial Reehl Properties in Fairhope, Alabama. Previously, he served as director of marketing for Atlanta-based Carter & Associates, leasing and marketing all Carter-managed commercial properties in Birmingham.

Mr. Barnes earned his CCIM designation in 1998 and has served on the Board of Directors for the Alabama Chapter of CCIM. Other affiliations include the National Association of Industrial and Office Properties (NAIOP), past NAIOP – Alabama President, and past Trustee of the Alabama Center for Real Estate (ACRE). Currently he is a member of the Alabama Chapter of CCIM/Gulf Coast District, the Baldwin County Commercial and Industrial Exchange (BCIE), the Baldwin County Association of Realtors, and the Mobile County Association of Realtors.

Mr. Barnes can be reached at 251-706-8686 or via email at jbarnes@stirlingprop.com.

February 4, 2014|Agents, Alabama, Commercial, Market Area, news, Press Releases|

Stirling Properties Expands Retail & Service Options at River Chase Shopping Center in Covington, LA

River Chase Blog Slider

Stirling Properties announces a 9,000 SF expansion to River Chase Shopping Center in Covington, Louisiana.  Construction recently commenced on the 2-tenant building that will be the future home to Men’s Wearhouse and Bellagio Salon & Spa.  Located next to Region’s Bank, both stores will open summer of 2014.

Men’s Wearhouse is one of North America’s largest specialty retailers of men’s apparel, carrying a full selection of suits, sport coats, furnishings and accessories. They are expanding within the center from 1,400 SF to 5,000 SF.

Bellagio Salon & Spa is a regional operator offering quality high-end salon & spa services at affordable prices. Bellagio specializes in facials, full body massages, haircuts, styling & coloring, nails, make-up, permanent make-up, eyelash extensions and waxing.

For more information regarding in-line leasing and outparcel opportunities, contact Rhonda Sharkawy, Senior Retail Leasing & Development Executive for Stirling Properties at rsharkawy@stirlingprop.com or call 504.620.8145.

Cato and ULTA Beauty Now Open at Stirling Lafayette Shopping Center

Cato & Ulta

Stirling Properties is pleased to announce the openings of Cato and ULTA Beauty at Stirling Lafayette Shopping Center at the intersection of Interstate 10 and Louisiana Avenue in Lafayette, Louisiana.

Cato, a leading specialty retailer of women’s fashions and accessories, occupies a 4,000 square foot space at Stirling Lafayette Shopping Center. Cato offers high quality fashions at low prices with over 1,000 stores in 31 states.

ULTA Beauty, the largest beauty retailer, occupies a 10,000 square foot space in the Shopping Center. ULTA Beauty provides one-stop shopping for prestige, mass and salon products in the United States and offers a full-service salon in all of its stores.

“Cato and ULTA are key additions to our Stirling Lafayette Shopping Center and help enhance the variety of shopping offerings for women in the area,” said Rhonda Sharkawy, Senior Retail Leasing & Development Executive for Stirling Properties.

For more information regarding leasing and sales opportunities, please contact Rhonda Sharkawy at rsharkawy@stirlingprop.com or 504-620-8145.

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