Welcome Adrian Toranto, Investment Advisor in Hospitality Division
Welcome Adrian Toranto! Adrian serves as an Investment Advisor within Stirling’s Hospitality team, based in the New Orleans office. In this role, Adrian actively participates in all facets of general brokerage operations, such as underwriting, market analysis, and transaction management. Here’s to embarking on exciting new ventures!
#TeamStirling #StirlingProud
This year’s CID Award Winners from Stirling
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Join us at ICSC Las Vegas – May 20-21, 2024
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New STPSO 3rd District Patrol Station opens in River Chase – Covington, LA
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Stirling Acquires Beck Partners; Expands Eastern Division
Stirling is pleased to announce that it has acquired Beck Partners, one of Northwest Florida’s leading commercial real estate firms and manager of the most commercial square footage in Northwest Florida. With the acquisition, Stirling’s Pensacola office expands and adds a Tallahassee, Florida office.
Stirling’s acquisition of Beck Partners adds 30 commercial real estate professionals, over 1.5 million SF of managed commercial properties, and active brokerage in the State of Georgia.
Stirling CEO, Townsend Underhill, is enthusiastic about the acquisition. “The Beck Team is the strongest commercial real estate team in Northwest Florida. It has been a remarkably rewarding experience getting to know the Beck Team and learning about their outstanding business and culture. Beck’s lines of business and expertise align well with Stirling’s and complement our geography as we continue to grow our presence in the Gulf South. We are excited to have Justin, Stacy, Brice, and the entire organization join the Stirling Family.
Founded in 1981 by Gregg Beck, Beck Partners grew to be one of the most trusted commercial real estate firms on the Gulf Coast. Beck Partners earned local and national recognition from CoStar’s PowerBroker lists, multiple NAIOP of Northwest Florida’s Deal of the Year awards, including Justin Beck, CEO, on InWeekly’s PowerList, and more.
Justin Beck, CEO of Beck Partners, will remain with the Pensacola team as Vice President of the Florida Region, as well as Stacy Taylor, as Regional Vice President who will serve as the Pensacola/ Tallahassee Market Leader, and Brice Pelfrey as Regional Vice President of Asset Management . “We are thrilled to continue our work serving our clients along the Gulf Coast with Stirling,” says Justin Beck. “Our alignment of culture and values makes this merger exciting. Stirling’s depth of resources will provide more opportunities and better outcomes for our teams and clients.”
With this acquisition Stirling will be able to enhance its services to existing clients as well as our new Beck clients. Stirling is poised for tremendous growth throughout the region. Beck is a full service Commercial Real Estate firm specializing in Office, Industrial, Retail, Healthcare and Multi-family properties. Beck’s service offering includes Asset Management, Property Management, Commercial Leasing, Commercial Investment Sales, Development, and Commercial Advisory Services with a focus on markets in the Florida Panhandle, and Southern Alabama.
Beck Partners’ office, located at 125 W. Romana Street, Suite 800 in Downtown Pensacola will take on the Stirling brand with the acquisition. Its telephone number will remain (850) 477-7044. Any properties previously marketed and managed under the Beck Partners brand will transition to Stirling.
Stirling and Kent Design Build Announce Groundbreaking of New Corporate Headquarters at River Chase
Stirling and Kent Design Build today joined St. Tammany Corporation to announce the commencement of construction for River Chase Office II, a cutting-edge Class A office building spanning over 50,000 square feet, which will serve as the new corporate headquarters for both Stirling and Kent Design Build. This strategic move to the River Chase development reflects the companies’ commitment to growth, innovation, and investment in St. Tammany Parish.
“Relocating our corporate headquarters is a significant milestone for Stirling. St. Tammany Parish is an ideal location for our corporate headquarters, allowing us excellent connectivity to the entire Gulf South Region,” said Townsend Underhill, President & CEO of Stirling. “We are enthusiastic about the opportunities this move presents for our company and our employees. The new building not only signifies our commitment to growth but also positions us for greater achievements in the years to come.”
Stirling and Kent Design Build’s new corporate headquarters, near the intersection of Interstate 12 and LA Highway 21, was designed by Southeastern Louisiana-based architecture firm Eskew Dumez Ripple (EDR). The state-of-the-art design represents an investment of more than $20 million and will include a rooftop terrace, a reservable boardroom for the tenants of the building, and a geothermal HVAC system. The array of advantages provided by this modern workplace facility will bolster the company’s commitment to serving clients and employees.
“St. Tammany Parish is our home, and as a lifelong resident of the Northshore, witnessing the ongoing development of the market area has been truly incredible,” said Kyle Kent, President & CEO of Kent Design Build. “As our company continues to expand, we are proud to continue to invest in our community and work more closely with our partners to deliver world-class projects to the Northshore, South Louisiana, and beyond.”
Both companies have a long history of investing and doing business in St. Tammany Parish. Stirling has had an office in the community for over 40 years, and Kent Design Build has been based in St. Tammany since its founding in 1996. Together, they employ over 200 people in St. Tammany.
“Stirling and Kent Design Build have been tremendous partners for St. Tammany Parish, and they have renewed their commitment to our community with this investment,” said St. Tammany Parish President Mike Cooper. “When great companies, like Stirling and Kent Design Build, invest in St. Tammany, it not only provides quality jobs for our citizens but also boosts our nation-leading economy.”
“St. Tammany Parish has long been the destination of choice for corporate headquarters and the highly skilled talent that powers their operations,” said Chris Masingill, CEO of St. Tammany Corporation. “These two premier St. Tammany-based companies represent a cross-section of two industry sectors, real estate and construction, that are critical to our local and regional economy, and their reinvestment into our community exemplify our message that businesses can start up, scale, and stay right here on the Northshore and become incredibly successful.”
Renderings of the new facility are below. For leasing information, contact Ryan Murphy at (985) 246-3771 or rmurphy@stirlingprop.com.