Stirling Properties’ Commercial Advisors Among Top Industry Producers In the Greater New Orleans Area
Stirling Properties commercial real estate advisors were recently honored for outstanding industry achievements and transactions during the New Orleans Metropolitan Association of REALTORS® (NOMAR) Commercial Investment Division’s (CID) Annual Achievement Awards ceremony.
Rhonda Sharkawy, Senior Retail Leasing & Development Advisor, was awarded top Retail Broker of the Year for the greater New Orleans area with a total sales and leasing volume of more than $44.1 million in 2021.
Gaines Seaman, Senior Advisor, was named top Office Broker of the Year with a sales and leasing volume of more than $11.4 million in 2021. He also received honors for top Office Lease of the Year.
Saban Sellers, Investment Advisor-Multifamily, was named top Multi Family Broker of the Year with a sales and leasing volume of more than $31.1 million in 2021. Sellers also received honors for top Multi Family Sale of the Year.
Melissa Warren, CCIM, Senior Advisor, and Carly Plotkin, Advisor, with Stirling Properties, were among Silver Production Award recipients for obtaining total commercial credit sales and leasing from $2.5 – $4.9 million. Bradley Cook, CCIM, Advisor, and Ryan Murphy, CCIM, Senior Advisor, received the Gold Production Award for commercial credit sales and leasing from $5 – $9.9 million. Gaines Seaman received the Platinum Production Award for credit volume from $10-14.9 million. Rhonda Sharkawy and Saban Sellers were awarded Diamond Production Awards for total commercial sales and leasing volume over $15 million.
A huge congratulations to Melissa Warren, CCIM for being selected by NOMAR to serve as the 2022 CID President. Beth Cristina, ALC, Senior Advisor with Stirling Properties, is also serving as the 2022 Director for the Louisiana Association of REALTORS.® Cristina was invited to present the Service to the Industry Award during the annual awards ceremony.
With 53 advisors and nine offices spanning the Gulf South region, Stirling Properties’ advisory team specializes in all aspects of commercial real estate, including retail, office, industrial, healthcare and multifamily sectors. In 2021, our commercial advisors completed 774 transactions totaling over $643.9 million.
Stirling Properties Promotes John Woodard to Director of Development and Asset Management
Stirling Properties announces that John Woodard has been promoted to Director of Development and Asset Management.
In his previous role as Development Manager, John led several notable company projects, including the development of the Ochsner Kidney Care facilities in Jefferson, Metairie, Algiers, and Marrero and ongoing single-family build-to-rent projects in Prairieville, Covington, and Jackson, MS. Over the past year, John has also been involved with the asset management of over 1,000,000 square feet of retail, medical, and multifamily properties in Stirling Properties’ portfolio.
In addition to his existing development projects, John will be assuming the role of Asset Manager for many of Stirling’s Southshore properties, including the Pan-American Life Center, Mid-City Market, and Offices at Mid-City. In this new position, he will also continue to be tasked with new business development and government relations specifically focused on the New Orleans market.
“We are incredibly proud of John for his remarkable growth and leadership within our company. He has become an integral part of our team, and we are confident he will only further excel in his new role and help to shape the future of Stirling Properties,” said Townsend Underhill, President of Development with Stirling Properties.
Stirling Properties Develops Three New Ochsner Health Facilities to Serve GNO Area
Projects helping to backfill former retail space & expand healthcare real estate services.
Stirling Properties, in partnership with Ochsner Health System, has developed three new Ochsner Health facilities to serve the greater New Orleans area. Located in Covington, Slidell and Metairie, the facilities will be completed and open to the public by the end of the year.
- A Pediatrics Center is located in River Chase Shopping Center at I-12 and E. Brewster Road in Covington. The 18,000-square-foot clinic opened on November 17th along Brewster Rd. immediately next to Target. In addition to a state-of-the-art Pediatrics clinic, this space also includes the Live Oak Pediatric Rehab Center, one of a kind in St. Tammany Parish. Rozas Ward is the Architect, and Donahue Favret is the General Contractor for the development.
- A Multi-use Clinic including pediatrics, behavioral health, women’s and primary care services is located in Oakridge Place Shopping Center at 800 Metairie Road in Metairie. The 12,450-square-foot clinic will replace two former retail spaces on the end cap of the shopping center. Construction is complete, and the clinic is expected to open on December 14th. The General Contractor is Ryan Gootee General Contractor, and Rozas Ward is the Architect on the project.
- A Physical Therapy and Training Clinic is rounding out construction in Plaza 190 Shopping Center located at 128 Gause Boulevard in Slidell. The 15,000-square-foot facility is expected to open in mid-December. The General Contractor is Clement Construction, and Grace Hebert Curtis serves as the Architect on the project.
Stirling Properties is serving as the developer, leasing agent and landlord in all three projects.
“Very similar to the last mile in retail, the healthcare delivery system is changing. It’s all about getting the product to the consumer in the shortest amount of time. That means connecting with them closer to where they live, in their neighborhoods and communities. In commercial real estate, there is substantial growth in the integration of healthcare in the retail setting. Clinics providing same-day urgent care, primary care, specialty care, and wellness services have boomed over the last few years,” said Townsend Underhill, President of Development with Stirling Properties.
Stirling Properties has tailored its business model to meet the increased demands for advisory and healthcare real estate services. The company assists its healthcare partners with development & redevelopment, site selection, master planning, brokerage & lease negotiation, entitlements, financing, design & construction management and asset & property management to provide a comprehensive, holistic approach.
Stirling Properties currently has over 2 million square feet of projects under development/redevelopment, totaling nearly $196 million—of which almost half is in the healthcare sector. Other notable healthcare projects include facilities management of St. Mary’s Medical Center in Shreveport; the acquisition and redevelopment of the former Louisiana Heart Hospital in Lacombe; the development of four Ochsner Kidney Care Clinics in the Greater New Orleans Area; the development of St. Tammany Cancer Center in Covington; and the development of Ochsner Medical Complex – The Grove in Baton Rouge, to name a few.
For more information on Stirling Properties’ healthcare real estate services, contact Mac Bauer, Development Director, at (504) 620-8131 / mbauer@stirlingprop.com.
Stirling Properties Develops New Ochsner Kidney Care Clinics Across GNO Area
Through a joint venture of Ochsner Health and National Renal Care (NRC), Stirling Properties is developing four Ochsner Kidney Care clinics across the greater New Orleans area. The clinics are new-to-market for Southeast Louisiana and expand healthcare service offerings for Ochsner Health and its patients. The facilities vary in size from 6,000-11,000 square feet, providing comprehensive, coordinated kidney care and dialysis services.
The first location, Ochsner Kidney Care – Jefferson Highway, is now open to Ochsner patients. Located at 320 Maine Street, the stand-alone facility is a ground-up development and occupies 10,898 square feet of space adjacent to Ochsner Rehabilitation Hospital. This is the first joint venture of its kind in the region.
Three additional clinics are under construction and are expected to open between June and December of 2021:
- Ochsner Kidney Care – Algiers (4001 General De Gaulle Dr., New Orleans)
- Ochsner Kidney Care – Marrero (1201-1219 Barataria Blvd., Marrero)
- Ochsner Kidney Care – Metairie (4300 W. Esplanade Ave., Metairie)
Stirling Properties is serving as the developer on the projects as part of the company’s further expansion of healthcare real estate services. “Stirling Properties is proud and thankful to continue our partnership with Ochsner Health System. Our extensive commercial background and translatable skillset allow us to bring value to our healthcare clients and projects. As the demand for new medical services increases, so are our service lines to meet those local needs,” said Townsend Underhill, President of Development for Stirling Properties.
RED is serving as the architect on the projects. MAPP is the General Contractor, and Duplantis Design Group is the Civil Engineer.
Ochsner and NRC formed Ochsner Kidney Care, which will deliver a holistic approach as part of a new standard of care for people living with kidney disease. The new Ochsner Kidney Care centers, under the direction of the Ochsner Nephrology team, will provide comprehensive kidney care and long-term disease management for improved quality of life.
Stirling Properties and Ochsner Health System have previously worked together on the newly constructed $100+ million Ochsner Medical Complex – High Grove development in Baton Rouge, Ochsner Rehabilitation Hospital in Jefferson, the state-of-the-art Emergency Department and Imaging Center in LaPlace, Louisiana, and Ochsner Northshore Medical Complex (former Louisiana Heart Hospital) in Lacombe, St. Tammany Cancer Center in Covington, and countless other projects across Lousiana.
Canal Place Welcomes PJ’s Coffee
O’Connor Capital Partners Signs Deal with PJ’s Coffee for 2021 Opening.
O’Connor Capital Partners today announced that PJ’s Coffee would open a new location this year at Canal Place, New Orleans’ premier luxury retail destination.
PJ’s Coffee will open their Canal Place location this Summer in a 527-square-foot space on the first level of the center fronting Iberville Street.
“We are very excited to welcome local favorite, PJ’s Coffee, to Canal Place,” said Winter Warren, Marketing Director of Canal Place. “Both institutions have a long-standing heritage of serving New Orleans residents and visitors, and we are thrilled to now have PJ’s Coffee as part of the Canal Place family.”
Stirling Properties’ commercial advisors Carly Plotkin and Lauren Ryan serve as the leasing agents for the property and worked with the team at O’Connor Capital Partners to secure the location for PJ’s Coffee at Canal Place.
“Our goal is to target best-in-class local and regional tenants to complement the strong national tenancy already present at Canal Place—and there is no better brand to represent the local culture than PJ’s Coffee, a New Orleans original,” said Plotkin. “Stirling Properties is proud to continue our partnership with O’Connor Capital Partners, and we look forward to welcoming even more great retailers to the tenant mix at Canal Place soon.”
PJ’s Coffee delivers a unique coffee experience by sourcing the top 1% of Arabica beans from over 14 origins around the world. Their Southern hospitality, superior roasting techniques, and passion for making coffee are what make PJ’s Coffee so special. PJ’s Coffee at Canal Place will serve a wide variety of hot, iced and frozen coffee beverages, as well as organic tea and fresh breakfast pastries, including its new beignet program.
“PJ’s Coffee of New Orleans is excited to open at Canal Place as we extend our reach within our community. Providing New Orleans food, beverage and hospitality at the most preeminent shopping venue in the city is something we are absolutely looking forward to,” said David Mesa, Chief Development Officer.
Canal Place is Downtown New Orleans’ premier destination for luxury fashion and beauty brands, boutique clothing stores, home goods and much more. Canal Place is home to the notable WITH LOVE FROM nola moss wall, one of New Orleans’ most Instagrammable spots. Additionally, the lush landscaping and modern renovations have begun to evolve the experience that distinguishes shopping at Canal Place from the rest of the city.
About Canal Place
Situated on the edge of the historic French Quarter, Canal Place is home to many notable, exclusive designer boutiques. An on-site, four-star hotel, The Westin New Orleans, and a convenient covered parking facility add to Canal Place’s unique offerings. Anchored by Saks Fifth Avenue, this world-class shopping center boasts a superb mix of stores including Louis Vuitton, Tory Burch, MCM, Anne Fontaine, Brooks Brothers, Tiffany & Co., lululemon, and vineyard vines, to name a few. For more information, visit www.canalplacestyle.com. Connect with Canal Place on Facebook, Twitter and Instagram (@canalplacestyle).
About O’Connor Capital Partners
Founded in 1983, O’Connor Capital Partners www.oconnorcp.com is an institutional real estate investment, management, and development firm based in New York City and run by CEO Bill O’Connor. The firm pursues acquisitions, developments and residential conversions on behalf of its institutional funds, separate accounts, and own account. O’Connor primarily targets retail and residential opportunities throughout the United States and Mexico. Since inception, O’Connor has acquired or developed over $30 billion of property, including over 55 million square feet of retail space and over 30,000 residential units globally.
About Stirling Properties
Stirling Properties is one of the most diversified full-service commercial real estate companies in the country. Regionally focused and nationally acclaimed, we specialize in Advisory Services, Commercial Brokerage, Development & Redevelopment, Asset & Property Management and Investments over a wide array of property types across the Gulf South. Connect with Stirling Properties on the web at www.stirlingproperties.com, “like” us on facebook.com/stirlingproperties, follow us @StirlingProp on twitter.com/StirlingProp or subscribe to our Stirling Insights blog.
About PJ’s Coffee of New Orleans
PJ’s Coffee of New Orleans was founded in 1978 by Phyllis Jordan, a pioneer in the coffee industry that demonstrated that better beans, superior roasting techniques, and pure passion for the art of coffeemaking mattered. In 2008, the company was purchased by New Orleans natives and brothers, Paul, Steven, and Scott Ballard. PJ’s Coffee serves a wide variety of hot, iced and frozen coffee beverages using only the top 1% of Arabica beans, as well as organic tea and fresh breakfast pastries. PJ’s Original Cold Brew™ Ice Coffee is brewed daily using a special cold-drip process that protects the flavor and strength of the beans, while producing a coffee that is 2/3 less acidic – a process and technique pioneered by our founder and used for more than 30 years at all PJ’s locations. Bags of whole bean coffee, single serve cups of PJ’s Coffee and PJ’s Iced Coffee Concentrate are available for sale in-store and online. With over 126 operating stores, including four international locations, PJ’s Coffee continues to expand across the U.S. and abroad and is slated to open 45 more stores throughout 2021.
Stirling Properties awarded leasing of Canal Place shopping center in New Orleans
Targeting high-end local & regional retailers to join strong national retail presence.
Stirling Properties, in partnership with O’Connor Capital Partners, has been awarded the leasing assignment for Canal Place, Downtown New Orleans’ premier shopping destination, located at 333 Canal Street on the edge of the historic French Quarter.
Anchored by Saks Fifth Avenue, Canal Place is a 3-story, 260,000-square-foot upscale shopping center featuring more than 30 retailers, including luxury fashion and beauty brands, boutique clothing stores and home goods, as well as restaurants, a food court and theater. The Canal Place tenancy boasts a dynamic mix of high-end national stores such as Louis Vuitton, Tory Burch, MCM, lululemon, Anne Fontaine, Anthropologie, Tiffany & Co., J Crew, Brooks Brothers, and vineyard vines, to name a few.
Stirling Properties’ commercial advisors Carly Plotkin and Lauren Ryan are serving as the leasing agents for the property. Working with the team at O’Connor Capital Partners, they are targeting best-in-class local and regional tenants to complement the strong national tenancy already present at Canal Place.
“We are excited to work with Canal Place, one of the most prestigious, renowned shopping centers in our region. As part of our marketing and leasing efforts for the property, we are focused on bringing the best local and regional retailers to the center, further expanding its great retail mix, while also highlighting the local flair of New Orleans and our surrounding region,” said Plotkin.
“With its proximity and walkability to New Orleans’ CBD, French Quarter, Riverwalk area, and all the exciting new developments coming on-line this year, Canal Place is uniquely positioned in the heart of everything, making it the perfect location for high-quality brands looking to expand their customer base,” said Ryan.
Canal Place also offers direct frontage to the Canal streetcar line, cruise line terminal access and is connected to Westin New Orleans Canal Place Hotel, creating opportunities to capture local and visiting customers. Multiple leasing opportunities range from 8,860 square feet to 385 square feet, including retail and second generation restaurant space and food court stalls. Short term operators can be accommodated, as well as long-term tenancies.
For leasing information on Canal Place, contact Carly Plotkin at cplotkin@stirlingprop.com / (504) 620-8120 or Lauren Ryan / lryan@stirlingprop.com / (504) 620-8124.
