LOFT18 Is Coming to Mandeville, Louisiana
Stirling Properties serving as brokerage tenant rep in company expansion.
Stirling Properties announces LOFT18, an interactive sports bar and lounge, is coming to Mandeville, Louisiana. Stirling Properties is serving as the brokerage representative for LOFT18 in its regional expansion efforts.
LOFT18, founded in New Orleans, Louisiana, is an innovative, interactive golf and multi-sport concept featuring custom-built, state-of-the-art Full Swing Golf simulators. It showcases games & championship courses to deliver precision play at its finest to golfers of all experience levels. And for non-golfers, LOFT18’s full-service bar and restaurant offers gastro-pub fare, craft beer and cocktails, and New Orleans’ famous service and hospitality.
This marks the third retail location for LOFT18. The company recently closed on the purchase of property located at the corner of St. Ann Drive and N. Causeway Blvd. (Hwy. 190 Frontage Road) in Mandeville to construct a ground-up 10,000-square-foot restaurant and bar with outdoor dining space. The new location will feature five simulators and one VIP room with a private simulator for parties of 20-30 people. The contractor on the development is Cassesi Scully Commercial Construction and the architect is Sizeler, Thompson & Brown Architects. Construction is expected to begin soon, with an anticipated opening in September-November 2022.
“We are thrilled to announce our newest LOFT18 location in Mandeville and to deliver the ultimate indoor golf, entertainment, and hospitality experience for the entire Northshore community,” said Greg Whitman, president/owner of LOFT18. “Mandeville’s vibrant, high-growth market is a perfect fit for LOFT18. We look forward to being a part of this community and serving its families, foodies, and, of course, golfers.”
Thomas Bryan and Lauren Ryan, commercial real estate advisors with Stirling Properties, represented LOFT18 in securing the location. “Lauren and I are very proud to represent Loft18 in their expansion efforts and are excited about their new location coming to the Northshore,” said Bryan. “LOFT18 was the first locally-owned golf simulation and entertainment concept in the New Orleans area, and they are setting the course for a unique entertainment and restaurant experience that will be highly successful in this market.”
The LOFT18 concept was dreamt-up by three long-time friends with backgrounds in entertainment, sales and hospitality and a fervent love for the game of golf. Seeing a niche in the hospitality industry, the group opened its first “flagship” location in Metairie in 2017 and its second location in Houston, Texas, in 2019. LOFT18 is currently working on expansion efforts in other major markets.
For leasing information, contact Lauren Ryan at lryan@stirlingprop.com / (504) 620-8124 or Thomas Bryan at tbryan@stirlingprop.com / (504) 620-8138.
Stirling Properties Named Among GlobeSt’s 2021 Healthcare Influencers
Stirling Properties was recently named among GlobeSt’s 2021 Healthcare Influencers, which casts a national spotlight on people and firms who are shaping the healthcare real estate market and continuing to drive its performance.
“Stirling Properties is proud to be named one of GlobeSt’s 2021 Healthcare Influencers, and we are honored to be included among some of the top national companies in our industry. This acknowledgment further underlines our company’s leadership in healthcare real estate services and truly showcases our expertise and the breadth of services we can offer our clients in this sector,” said Townsend Underhill, president of development with Stirling Properties.
Evolution in the healthcare delivery system has morphed patients into customers, creating a need for healthcare providers to get products to clientele in the shortest amount of time possible. Stirling Properties is adapting to this changing environment by assisting medical professionals in connecting with customers closer to where they live—in their neighborhoods and communities. The healthcare real estate team is led by president of development Townsend Underhill, development director Mac Bauer and VP of finance and capital markets Justin Landry.
In 2017, Stirling Properties developed its first mixed-use medical facility on a 3.5-acre site in LaPlace, LA. The micro-hospital was based upon a 20-year lease to Ochsner Clinic Foundation for a 20,000-square-foot freestanding emergency department and imaging services clinic. In 2018, a Stirling Properties affiliated entity acquired and subsequently managed the renovation of the shuttered Louisiana Heart Hospital in Lacombe, LA, returning it to commerce through a long-term master lease with Ochsner Clinic Foundation. The 205,000-square-foot building was repurposed into Northshore Medical Complex, a post-acute care facility featuring long-term acute care, skilled nursing, and inpatient rehabilitation services in one central location. These services are provided by Ochsner Health System, Slidell Memorial Hospital, St. Tammany Parish Hospital, and Select Medical. Other notable healthcare projects include facilities management of St. Mary Medical Center in Shreveport; the development of four Ochsner Kidney Care Clinics in the Greater New Orleans Area; the development of St. Tammany Cancer Center in Covington; the development of Ochsner Medical Complex–The Grove in Baton Rouge; and the development of a Multi-Specialty Clinic in Bossier City, 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 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.
Ochsner LSU Health – Viking Drive Celebrates Grand Opening in Bossier City, Louisiana
State-of-the-art redevelopment further underlines Stirling Properties’ expertise in healthcare real estate services.
This past week, Ochsner LSU Health Shreveport and Stirling Properties celebrated the grand opening of Ochsner LSU Health – Viking Drive in Bossier City, Louisiana.
This 25,080-square-foot Multispecialty Clinic, located at 4481 Viking Drive, features primary care, sports medicine, orthopedic and neurosurgery clinics.
In December 2020, a Stirling Properties affiliate acquired the property, which was previously a retail store, and subsequently redeveloped it into its current condition as a Multispecialty Clinic. Stirling Properties was the project developer; WHLC was the architect; Duplantis Design Group was the Civil Engineer; and Brasfield & Gorrie was the general contractor. Total project costs were roughly $10.7 million. Ochsner LSU Health Shreveport is the sole tenant at this location and is now uniquely positioned in this market for years to come, using this facility as a springboard for future growth in the Bossier market.
The Ochsner LSU Health – Viking Drive redevelopment underlines Stirling Properties’ expertise in healthcare real estate services. “There is increased demand for healthcare real estate services. We’ve developed a team of industry experts to provide a comprehensive, holistic approach based on sound real estate fundamentals for our healthcare partners to deliver high-quality products such as Ochsner LSU Health – Viking Drive,” said Townsend Underhill, President of Development with Stirling Properties. “We are proud to help bring first-class healthcare to our local neighborhoods while also facilitating job creation, tax revenue, economic development and infrastructure improvements.”
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 Expands National Property Management Footprint
Awarded management contracts for three retail properties in Mississippi & Ohio.
Stirling Properties was recently awarded the property management duties for three retail properties in Mississippi and Ohio.
Kings Crossing is a 116,952-square-foot Kohl’s shadow center located at 3980 N Gloster Street in Tupelo, Mississippi. The center is 97% occupied with a lineup of national/regional tenants, including Petco, Five Guys, Five Below, Kirkland’s, Ross Dress for Less and others.
Wadsworth Crossing I & II are adjoining retail centers located at 1183 Williams Reserve Boulevard in Wadsworth, Ohio, totaling 63,328 square feet. The centers are shadow-anchored by Target, Lowe’s and Kohl’s and feature a diverse tenant mix. They are currently 95% leased, including Petco, Verizon, Beef O’Brady’s, Wayback Burgers, Mattress Firm and more.
“Stirling Properties is proud to assume the management duties of these high-performing retail properties and looks forward to working with their ownership teams to create added value for their assets. We are also excited to further grow our commercial portfolio and management services on a national level,” said Donna Smith, Executive Vice President with Stirling Properties.
Stirling Properties owns and manages 20.5 million square feet of commercial real estate across the country, including office, retail, industrial, healthcare, residential and mixed-use properties.
For property and asset management information, contact Donna Smith at (985) 246-3758 / dsmith@stirlingprop.com.
Stirling Properties Brings Target to Premier Centre in Mandeville, Louisiana
Rack Room Shoes expansion & relocation paves the way for new retail opportunities.
Stirling Properties announces the addition of Target to the tenant lineup at Premier Centre, located on U.S. Highway 190 in Mandeville, Louisiana.
Target will occupy roughly 58,000 square feet of retail space, backfilling the former Stein Mart store, as well as the adjacent space currently housing Rack Room Shoes, and an additional 13,000 square feet of new building expansion area in the rear of the building. Rack Room Shoes will expand and relocate next to Whole Foods Market in the former Forever 21 Red space. Rack Room Shoes is expected to re-open in its expanded space in the fall of 2021.
“Stirling Properties is excited to welcome Target to Premier Centre and the Mandeville community. The explosive growth of St. Tammany Parish and high retail sales make this an attractive two-store market for retailers. Target has been serving the community in Covington for many years, and this new store presents an opportunity to bring the great shopping experience to more customers in our growing market,” said Donna Smith, Executive Vice President with Stirling Properties. “The recent activity at Premier Centre has also been a catalyst for additional exciting retail opportunities that we hope to be able to announce soon.”
Rhonda Sharkawy, Senior Retail Leasing & Development Advisor with Stirling Properties, is the exclusive commercial broker for Premier Centre and worked with Target to secure the new location and the expansion and relocation of Rack Room Shoes.
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 97% leased. Stirling Properties developed Premier Centre and currently manages and leases the property.
Tenants include Whole Foods Market, Bed Bath & Beyond, T.J.Maxx, Barnes & Noble, Old Navy, Rack Room Shoes, Gap/Gap Kids, American Eagle Outfitters, Banana Republic, LOFT, Bath & Body Works, Trek Bikes, Earthsavers, Blu Spero, Buckle, J.Jill, Jose Bali Jewelry, Chili’s, La Madeleine and The Big Squeezy. Electric car charging stations are also available in the parking lot near Whole Foods Market.
Stirling Properties has developed more than 24.8 million square feet of property totaling $2.2 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 / (504) 620-8145.
