Management Services

Hurricane Preparation and Emergency Planning Part II

Hurricane Satellite

Part II: The Hurricane Emergency Plan

Living and working on the Gulf Coast, we are faced with the inevitability of hurricanes. Fortunately, it is a somewhat forecastable event with a defined season. We cannot always accurately predict the worst and must have flexible and responsive plans that can adapt to an ever-changing hurricane impact.

There are five parts to hurricane emergency planning:

  1. Personal Planning
  2. Before the Storm
  3. Timing of Events
  4. During the Hurricane
  5. The Aftermath

Personal Planning 

During a disaster, the most critical part of a company’s emergency plan is the underlying personal emergency procedures that support you, your employees, and the ability to fulfill work roles. For those responsible for executing this plan, the same attention must be applied to your personal life—including your family and home. If your personal affairs are not in order, it is difficult to perform emergency plans in support of your business. All key company personnel should have a detailed personal emergency plan in place to ensure smooth business continuity following a hurricane or disaster. 

Planning procedures improve with experience. Here on the Gulf Coast, (unfortunately) we have had many chances to test our emergency plans in a variety of real-life scenarios, including what many label as the worst case, Hurricane Katrina—which heavily impacted a major portion of our regions’ residents and businesses. The shock and trauma of a disaster such as this can have a lasting impact on employees, and requires patience, sensitivity, and support from an employer. From Hurricane Katrina, Stirling Properties learned that as part of our company emergency plan, we must anticipate the need to assist our employees with basic supplies, temporary living arrangements, home repairs, and insurance claims.   

Rain at Shopping Center

Before the Storm

A company’s lifeblood is its ability to effectively communicate. With a disaster, you should plan for complete disruption of communications. A rally point or a place to connect in the event of a hurricane should be considered. A toll-free phone number is a good option for employees and customers/clients who may become scattered by evacuation. A shared phone line can help to provide a common source for information, assistance, and flexible response. However, this line must be protected and placed on a network that won’t be impacted by the storm or flooding. Preferably it should direct to an inland office that won’t be affected and can be manned by live personnel. 

Encouraging employees to be prepared and up to date on the emergency plan for hurricanes should be a priority in the spring of each year. Simple reminders on generator maintenance for their homes, as well as instructions from both your company and municipal authorities on preparation and evacuation procedures that can be shared on an easily accessible company intranet site are invaluable. Also, employees should inform their supervisor of where they will be during the storm and alternate means of contact should local communications fail.

Aligning your resources in advance of a hurricane landfall is a critical step to being responsive, minimizing insurance claims, and reducing damage. Focus on the first wave of assistance: debris and tree removal, roofers, glass contractors, water mitigation services, janitorial crews, and general maintenance providers. (Stirling Properties identifies a few providers from inland cities that will not be impacted by the storm.) The second wave of assistance includes additional debris removal, rebuilding contractors, HVAC services, and electrical and plumbing services. For this, we focus almost exclusively on local companies for resources so that we are putting local people back to work, and dealing with businesses we know and already have established relationships. Post-storm environments attract vendors and contractors from all over the country and are usually not the best place to find resources. It’s important to have providers identified ahead of time.

Insurance is instrumental in planning for a hurricane. Putting your agent and insurance underwriter on notice before the storm is important to assure lines of communication afterward. Some agents go as far as making a claim prior to landfall on heavily exposed properties, putting you near the front of the service line after the hurricane. It is important that your insurance coverage is aligned with your emergency plan to assure that your needs are met and that you are able to take advantage of the benefits of your coverage, particularly as it relates to business continuity.

Flooded Shopping Center

Timing of Events

The approach, path, and timing of a hurricane are never 100% predictable—you should always have a contingency plan. Municipal authorities have predetermined plans for announcing recommended and mandatory evacuations that must be understood and considered to plan properly. Activating your emergency communication plan needs to be completed prior to closing your business and employees evacuating.

When you will activate portions of your emergency plan and consider evacuation should be well thought out. Consider the timing of events relative to weekends as well. On the Friday before Hurricane Katrina was forecast to make landfall east of Mobile (three days before landfall), we activated our emergency communication plan, only to learn Saturday morning (two days before landfall) that the direction changed towards New Orleans. Our employees were off for the weekend, possibly not monitoring email, and rushing to evacuate for a storm that would effectively stop all communication. Activating our emergency communication plan on Friday (even though we were not in the projected path of the storm) was instrumental in our post-hurricane recovery.

During the Hurricane

Your emergency plan should also consider communications during the hurricane. Opportunities to react to property damage early, whether during or just after the storm, are critical for minimizing damage and accelerating recovery. This involves utilizing prepositioned resources such as janitorial and maintenance crews at properties to respond during the storm (we do not condone traveling during a hurricane) or evaluating post-hurricane response to address priorities.

Communicating with employees—whether they evacuate, stay at home, or are prepositioned at properties—to confirm their location and safety is a critical step and reduces unnecessary stress.

drying-flood-damage

The Aftermath

Nothing can prepare you for what you may face. Every hurricane is different in its impact. Flexibility, relentless drive, and unending patience are necessary. If your plan is strong (it is typically imperfect) and you have the information and resources (there is never enough), then fortunately, you only have to execute. Recovery has several immediate steps:

  1. Communication
  2. Helping employees return to work
  3. Debris removal & damage assessments
  4. Initiating insurance claims
  5. Re-establishing business
  6. Helping others

As always, communication is the most critical component. It is important for morale to assure employees and customers that your company is resilient and will persevere. Both internal and external communication through digital platforms, social media, or shared phones lines should be planned to ease implementation and assure a concise, positive message.

The second most critical step is helping employees return to work by providing necessary assistance. Sometimes it involves monetary or work schedule adjustments to deal with personal impacts of the hurricane. At Stirling Properties, we have found that in the first couple of weeks after a disaster, a gesture as simple as having breakfast and lunch available in the office has a tremendous positive impact on company morale. It adds a sense of “we,” lessoning personal stress. 

Helping others following a devastation is the pinnacle of your emergency plan. Aid comes in many forms and is typically dependent on you, your employees, execution of your plan, and available resources. If there is such a thing as “thriving” in an emergency, helping others truly defines what that is. 

This blog is part of a series, read Part I: Advance Emergency Planning.

August 24, 2017|Blog, Corporate, Gulf South, Management Services|

Stirling Properties To Manage and Lease Hardy Court Shopping Center in Gulfport, Mississippi

Badcock-View

Stirling Properties commercial real estate company has assumed the property management and leasing contract for Hardy Court Shopping Center located at 105 Hardy Court in Gulfport, Mississippi.

Hardy Court Shopping Center is a 225,400-square-foot neighborhood center situated at Pass Road and Courthouse Road, across the street from Gulfport High School. It is a historic retail hub that has provided goods and services to the Gulfport community for more than 50 years. The Center is currently 70% leased. Tenants include a great mix of national and local retailers including Big Lots, Froogel’s Cost + Foods, Badcock &more, Dollar General, Goodwill, Hibbett Sports, Cricket Wireless, and Subway.

Hardy Court Shopping Center  Gulfport, Mississippi

Over the last couple of years, the Shopping Center has received a facelift to enhance the value and appearance of the Property. The building exterior was painted, the parking lot was repaved and restriped, and LED lights were installed to improve lighting in the parking area. New signage and additional improvements are in the works.

Stirling Properties manages more than 18 million square feet of commercial property with 120 million square feet of property and land for sale of lease. Other Stirling Properties management projects in the area include Handsboro Square and Orange Grove Shopping Centers in Gulfport, Choctaw Plaza in Waveland, Parkway Plaza in D’Iberville, and the Gulf Coast Non-Profit Center Building in Gulfport, just to name a few.

For leasing information, contact Melissa Warren, CCIM, at mwarren@stirlingprop.com or (504) 620-8148. For asset & property management information, contact Donna Taylor at dtaylor@stirlingprop.com or (985) 898-2022.

Stirling Properties Expanding Portfolio

Stirling Properties’ Asset & Property Management Team has recently secured several new management contracts, adding nearly 700,000 square feet to our commercial real estate portfolio. As part of our company-wide growth plan, Stirling Properties is expanding and diversifying our footprint into new asset types and geographic regions—and our asset & property management services continue to play a major role.

Earlier this year, Stirling Properties partnered with New Orleans-based PMAT to manage the company’s newly acquired shopping centers located across the Southeast, Sunbelt, Carolinas, Mid-Atlantic, and Midwest. As part of that ongoing partnership, we have added three new properties—Legacy Crossing and North Heights Plaza in Ohio, and Pavilions At Hartman Heritage in Missouri.

North Heights Plaza in Huber Heights, OH

North Heights Plaza in Huber Heights, OH

Legacy Crossing is a 134,389-square-foot Kohl’s-shadow-anchored community center located at State Route 95 and US Route 23 in Marion, Ohio—across the street from Ohio State University’s Marion campus. The retail center includes a strong mix of tenants such as Hobby Lobby, MC Sports, Dollar Tree, AT&T, Starbucks, and Petco.

North Heights Plaza is a 295,348-square-foot retail center located at Troy Pike (SR 202) and Executive Blvd. in Huber Heights, Ohio (Dayton MSA). National tenants include Bed Bath & Beyond, Big Lots!, DICK’S Sporting Goods, Five Below, Hobby Lobby, and Party City.

Pavilions At Hartman Heritage is located at Interstate-70 and Little Blue Parkway in Independence, Missouri (Kansas City MSA). The 223,473-square-foot retail center included tenants such as Bed Bath & Beyond, buybuy BABY, Party City, Cost Plus World Market, David’s Bridal, and Half Price Books.

Stirling Properties also recently assumed the management and leasing contract of Ambassador Plaza, a 29,405-square-foot Albertsons-shadow-anchored retail center in Lafayette, Louisiana. We will also be taking over the management of Handsboro Square, a 156,500-square-foot Rouse’s Food Market-anchored center in Gulfport, Mississippi, which Stirling Properties currently leases.

Ambassador Plaza Lafayette, Louisiana

Ambassador Plaza Lafayette, Louisiana

Once a management contract is secured, Stirling Properties will assign a customized team of professionals to create a strategic business plan specific to each asset to help accomplish the client’s goals and objectives. Asset and property management services are becoming more complex in today’s industry due to the challenges facing commercial real estate and the ever-evolving retail landscape. Additionally, we see a significant growth in diverse asset types, especially among office, industrial, and medical properties and tenant uses. As a result, more and more owners are outsourcing the responsibilities.

At Stirling Properties, we understand the intricacies of commercial real estate. Our experience spans multiple property types, including retail, restaurant, office, industrial, medical, and mixed-use. We have local market knowledge, and we stay apprised of shifts in the industry, especially consumer shopping habits and retail trends. As the demand for diverse property types is increasing, so are our service lines. Our team has extensive experience in office properties—in fact, this sector makes up nearly 20% of our overall portfolio. We have also recently partnered with several high-profile medical and industrial projects, helping to shape Stirling Properties into one of the most comprehensive asset & property management teams in the Gulf South. 

Our management services go far beyond providing day-to-day operations. We work hard to create the best return on investment for our clients. Our team strives to create value through cost efficiencies, economies of scale in our markets, vendor relationships, insurance, crisis preparation and response, leasing, and project/construction management to give each asset an operating advantage. We look forward to working on these new properties, while also continuing to build upon the relationships and progress that we are making across our entire asset portfolio.  

Stirling Properties manages more than 18 million square feet of commercial property, with 120 million square feet of property and land for sale or lease. Click here to view a comprehensive list of our managed and leased portfolio.

For asset & property management questions or information, please feel free to reach out to us. Our team would be happy to assist you.

August 4, 2017|Blog, Commercial, Management Services, Retail|

Stirling Properties Awarded Management and Leasing Contract of Ambassador Plaza

Stirling Properties commercial real estate company has been awarded the management and leasing contract for Ambassador Plaza in Lafayette, Louisiana.

Albertsons Lafayette

Ambassador Plaza, shadow-anchored by Albertsons, is a 29,405-square-foot retail center located at the corner of Ambassador Caffery Parkway and West Congress Street. It is 92% leased and has a great mix of retail and restaurant options. Tenants include Fruiti Smoothie, Little Caesars, Lotus Garden, Luxurious Nails, Omega Dentistry, Planet Beach, Saigon Noodles, Style America, Subway, The Jambalaya Shoppe, WellCare, and Wingstop.

The Jambalaya Shoppe Lafayette

The retail center was recently acquired by a local ownership group that has contracted with Stirling Properties for asset management services.

“Stirling Properties is excited to add Ambassador Plaza to our growing commercial portfolio. We have been active in the Lafayette market for quite some time and have a great management and leasing team as well as support staff on the ground. We look forward to working with the new ownership group to create the best return on investment for their asset,” said Donna Taylor, Sr. Vice President of Asset Management & New Business with Stirling Properties.

Ambassador Plaza Lafayette, Louisiana

Stirling Properties manages nearly 18 million square feet of commercial property, with 120 million square feet of property and land for sale or lease. Other Stirling Properties management and development projects in Lafayette include Ambassador Town Center, Stirling Lafayette, River Marketplace, and the 1819 Pinhook Office Building, just to name a few.

For asset management information, contact Donna Taylor at (985) 246-3758 or dtaylor@stirlingprop.com.

July 13, 2017|Lafayette, Management Services, news, Press Releases, Retail|

Stirling Properties Awarded Management of Pinnacle Nord du Lac in Covington

Pinnacle Nord du Lac in Covington

Stirling Properties commercial real estate company was recently awarded the facility management contract of Pinnacle Nord du Lac retail center, formerly known as Colonial Pinnacle Nord du Lac in Covington, Louisiana.

Pinnacle Nord du Lac, a regional shopping center owned by Dallas-based Cypress Equities, is located on the northeast corner of Interstate 12 and LA Highway 21. Currently, Pinnacle Nord du Lac is comprised of 327,000 square feet of existing retail space, with an additional 162,000 square feet of future retail expansion planned. The retail center is 97% leased, and anchor tenants include Kohl’s, Academy Sports + Outdoors, Hobby Lobby, and Petco, as well as multiple restaurant options. Corporate Realty handles leasing for the property.

Cypress Equities recently acquired Pinnacle Nord du Lac and is beginning construction of its Phase II to complete parking, drive-aisles, and buildings for 94,500 square feet of new lifestyle shop space that will be available in the summer of 2017. This lifestyle component will include local, regional and national fashion and restaurant selections.

“Stirling Properties is excited to take on the management duties of Pinnacle Nord du Lac and to see the property evolve. The new ownership group at Cypress Equities is very motivated, and we look forward to working with them to enhance this asset,” said Donna Taylor, SVP of Asset Management & New Business for Stirling Properties. “There is much potential here with plenty of room for future expansion. A new residential component on the neighboring property and future parish developments will also be positive contributors to the success of this center.”

Stirling Properties developed and manages the adjacent River Chase mixed-use center on the southeast corner of Interstate 12 and LA Highway 21, which houses national anchor tenants such as Target, Sam’s Club, Best Buy, Belk, JCPenney, Cost Plus World Market, Michaels, ULTA Beauty, and Regal Cinema.

Stirling Properties manages more than 17 million square feet of property, with more than 98 million square feet of property and land for sale or lease. Other notable Stirling Properties projects in the area include Premier Centre (Mandeville), Fremaux Town Center (Slidell), Hammond Square (Hammond), and Northpark Corporate Center (Covington).

For more information on Property Management/Asset Management, please contact Donna Taylor at dtaylor@stirlingprop.com or (985) 898-2022.

Stirling Properties Announces New Tenants At Fern Marketplace in Shreveport

Stirling Properties commercial real estate company is pleased to announce new tenants at Fern Marketplace in Shreveport, Louisiana.

Fern Marketplace in Shreveport, Louisiana

  • At Home, the home décor superstore, has purchased 8.16 acres of land to build a 108,931-square-foot retail store. Construction is scheduled to commence by the end of the month with plans to open in the 4th quarter of 2017.
  • La Madeleine Country French Café has purchased a 1.18-acre tract of land to develop a 7,500-square-foot free-standing restaurant location. Plans are to open in the fall of 2017.

Stirling Properties’ Senior Retail Leasing & Development Executive, Rhonda Sharkawy, was involved in both transactions on behalf of the Seller.

Previously announced tenant, The Halal Guys, is still on track to open in late March of this year, and Orangetheory Fitness plans to open in early April.

Fern Marketplace is a 14-acre retail development anchored by Whole Foods Market, consisting of roughly 200,000 square feet. The shopping center is located at the northeast corner of East 70th Street and Fern Avenue, near the intersection of Youree Drive. Tenants include At Home (opening 4Q 2017), Grub Burger, La Madeleine (opening Fall 2017), Lee Nails, Orangetheory Fitness (opening April 2017), The Halal Guys (opening March 2017), and Whole Foods Market. Most of these retailers committed to Fern Marketplace are either first-time locations within Shreveport or Louisiana, or both. At completion, Fern Marketplace is expected to be a premier regional shopping and entertainment destination, as well as a vital economic contributor to the area. Stirling Properties handles management and leasing for the Center.

For more information, please visit stirlingprop.com.

For leasing or sales information, contact Rhonda Sharkawy at (504) 620-8145 or rsharkawy@stirlingprop.com. For asset management information, contact Donna Taylor at (985) 898-2022 or dtaylor@stirlingprop.com.

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