Introducing New-To-Market Fitness Concept, HOTWORX
Stirling Properties commercial real estate company is excited to announce that it will exclusively represent HOTWORX, a new-to-market fitness concept across the United States.
HOTWORX is revolutionizing the fitness industry by providing the ultimate hot exercise experience and is the first to launch a 24/7 business franchise model through the use of its proprietary patent pending technology. It is the original fusion of infrared heat and isometrics through a virtually instructed exercise program designed for users to experience the many benefits of infrared absorption while completing a 30-minute workout session.
Joe Gardner, CCIM, and Thomas Bryan, Stirling Properties’ Sales and Leasing Executives, are the exclusive tenant representatives for HOTWORX and are working to secure national retail locations for the new fitness concept.
Currently, select Planet Beach spas are debuting the hot exercise experience. But HOTWORX plans to grow to 500 official HOTWORX Studio locations across the US in the next five years. The company presently has one HOTWORX Studio located in Oxford, Mississippi, with another planned to open in Palm Beach, Florida, within the next month. Future studio sites also include locations in the greater New Orleans area and surrounding Gulf Coast region.
“Our HOTWORX fitness concept is ready to expand, and we are thrilled to be working with Stirling Properties, a true leader in the real estate industry, to grow our business across the nation. We are seeking franchisees for various business opportunities and will be announcing new HOTWORX locations soon,” said Stephen Smith, HOTWORX CEO.
“HOTWORX has aggressive expansion and franchise plans in the works for our region and across the country. We are excited to be able to help them meet and exceed their real estate goals—and introduce a new fitness concept that was founded right here in New Orleans,” said Gardner. “We look forward to announcing new retail locations and storefronts within the coming months.”
For more information on HOTWORX and franchise opportunities, visit www.hotworx.net.
What’s Going On at River Chase in Covington?
Stirling Properties Announces Exciting New Updates and Developments
The first phase of the Offices at River Chase, the Northshore’s premier office campus, has completed construction. Located at the southwest corner of Brewster Road and Stirling Boulevard, Phase I includes a Class-A, two-story, 45,000-square-foot office building located on 3.5 acres. It is accessible from both the LA-21 and Brewster Road interchanges on Interstate 12, and within walking distance to a host of amenities, including restaurants, a movie theater, and residential living options. The highly-renowned architectural firm, Wakefield, Beasley, and Associates, designed the base building, and Mandeville-based Greenleaf Lawson Architects served as the interior architect for the project. Tenant build-outs are now underway, and Duplantis Design Group, PC, will move into their new, 6,000-square-foot office space in mid-May. For more information on the Offices at River Chase and leasing opportunities, contact Ryan Murphy at rmurphy@stirlingprop.com or (985) 246-3771. 
Located across the street from the office building, Walk-On’s Bistreaux & Bar commenced construction on its new restaurant last November. Set on 1.82 acres on the northwest corner of Stirling Boulevard and Brewster Road next to Sam’s Club, this marks the 1st Northshore location for the highly-anticipated sports restaurant and bar. It will occupy roughly 9,600 square feet and is expected to open late this summer, just in time for football season. The Covington location will include a rooftop bar, The Upper Deck, an element unique to the design by Greenleaf Lawson Architects. The Upper Deck will feature group seating and additional space for catching a game. 
Rooms-To-Go has opened its new 36,000-square-foot retail showroom located next to Zoe’s Kitchen on Stirling Boulevard. The impressive store is highly visible to Interstate 12 traffic. A Grand Opening celebration was held on Saturday, April 22nd. The furniture retailer relocated from its previous site on Highway 190 in Covington.
Construction on Springs at River Chase is complete, and all buildings are open. This project is a joint venture with Continental Properties. The new 296-unit luxury apartment community is located at the southwest corner of Interstate 12 and Brewster Road. The property features floor plans ranging from studio to three-bedroom apartments. Community amenities include a clubhouse, resort-style pool, 24-hour fitness center, dog park, attached and detached garages, car care center, and a pet spa. Occupancy remains high for the multi-family community. For more information and leasing on Springs at River Chase, contact Jan Rayburn with Continental Properties at (985) 327-1350.
Construction is underway for the newest addition to River Chase, the development of the Preserve at River Chase, a single-family luxury residential community, adjacent to the Springs at River Chase apartments. The Preserve development is a joint venture with Southern Lifestyle Development, which is renowned for its highly-acclaimed River Ranch residential community in Lafayette, Louisiana, amongst many other communities. Phase I of the Preserve will include the completion of 76 detached town and country homes. Infrastructure work has commenced and is expected to be complete in November, at which point the residential lots will be available for sale. Construction on the homes is expected to begin early 2018. 
River Chase is the Northshore’s premier master-planned development located amidst 253 acres on the southeast corner of Interstate 12 and LA Highway 21 in Covington, Louisiana. The mixed-use center includes approximately 945,000 square feet of retail and restaurant options, as well as a Holiday Inn Express, Regal Cinema, luxury residential apartment units, and a Class-A office building. Additional residential and office developments are coming soon. Stirling Properties developed River Chase and currently manages and leases the property. River Chase is a Louisiana Economic Development (LED) Certified Site. For more information, please visit www.stirlingprop.com. For retail leasing and sales, contact Rhonda Sharkawy at (504) 620-8145 or rsharkawy@stirlingprop.com. For office leasing and sales, contact Ryan Murphy at (985) 246-3771 or rmurphy@stirlingprop.com.
Stirling Properties Commercial Agents Among Top Producers At 2017 NOMAR CID Awards Ceremony
Carly Plotkin, Joe Gardner, Beezie Landry, Lauren Ryan
Stirling Properties commercial real estate agents were honored during the New Orleans Metropolitan Association of Realtors (NOMAR) Commercial Investment Division (CID) 24th Annual Achievement Awards ceremony.
Beezie Landry, Stirling Properties’ Senior Investment Sales Advisor, received the award for Top Overall Retail Production. Sales and Leasing Executive, Joe Gardner, CCIM, was awarded for Largest Land Sale & Largest Landlord Lease. Carly Plotkin, Sales and Leasing Executive, received the Rising Star Award.
Rhonda Sharkawy, Senior Retail Leasing and Development Executive, was acknowledged for her induction last year into the CID Hall of Fame after having received the prestigious F. Poche Waguespack Award for the highest volume of sales and leases in the greater New Orleans area for five consecutive years. She is one of only a handful of women to receive this esteemed award since its inception in 1964.
Lauren Ryan, Sales and Leasing Executive, was a first-time recipient of the Production Award, given for agents obtaining total commercial credit sales and leasing of more than $2.5 million. Landry, Gardner, and Sharkawy were also among Production Award recipients.
The goal of the Commercial Investment Division (CID) Awards is to review and recognize individual achievement among commercial real estate practitioners who are members in good standing of the New Orleans Metropolitan Association (NOMAR) of REALTORS®.
Louisiana State University Takes 3rd Place (Again!) In Global ARGUS University Challenge
Continues to propel national spotlight on growing educational real estate programs at LSU
Stirling Properties commercial real estate company is pleased to announce students from Louisiana State University (LSU) E.J. Ourso College of Business were awarded 3rd place in the global 2017 ARGUS Software University Challenge.
Since 2011, ARGUS Software has hosted the competitive challenge for university students from around the world aspiring to be commercial real estate professionals. Through this challenge, students create real-world investment strategies through informed decisions using ARGUS Software solutions. The theme of the case this year was Pokémon GO! A panel of judges from the academic community and real estate industry participated in reviewing the case studies and nominating the winners.
More than 30 top real estate programs from universities worldwide participated in the competition. The University of San Diego won 1st place, Cornell University placed 2nd, LSU took 3rd, and UCLA earned an honorable mention.
The team from LSU—Garrett Choate, Whitney Gaulter, Matt Hingle, Tyler Tamboli, Sophie Weber, Jason Wyman, and Cassius Dsouza—was coached by Stirling Properties Vice President of Finance, Justin Landry. Landry serves as an adjunct professor teaching Finance 7720 (Commercial Real Estate Investing). This is the 6th year he has taught the course and the 6th year an LSU team has competed in the ARGUS Challenge. It also marks the 2nd time placing under Landry’s leadership.
“This is the second consecutive year that we have secured a 3rd place finish in this competition, so it is no longer beginners luck! This win will certainly garner larger attention around the nation for LSU real estate programs and for students who seek a career in the industry. I am very proud of this team for their accomplishments—they have really worked hard,” said Landry.
LSU’s team secured $3,000 for the university through ARGUS Software. In addition, the students were bestowed the 2017 ICSC (International Council of Shopping Centers) Maurin-Ogden Foundation LSU Scholarship Award, funded by Jimmy Maurin and Roger Ogden, founders of Stirling Properties. Through the scholarship, students will receive all-expense-paid attendance to the ICSC RECon in Las Vegas, the world’s largest retail real estate convention. Each year Stirling Properties hosts LSU Award Recipients at the conference, offering the students valuable exposure to industry leaders and potential employers.
“We truly thank Stirling Properties’ founders, Jimmy Maurin and Roger Ogden for their generosity and unwavering commitment to LSU, real estate, and education. This is an invaluable opportunity for these students to meet and network with industry leaders. Many of our students in the past have garnered great job prospects through this experience,” said Landry.
For more information about Finance 7720 (Commercial Real Estate Investing) and its objectives, contact Justin Landry at jclandry@stirlingprop.com.
Stirling Properties is located at 109 Northpark Blvd., Suite 300 in Covington, Louisiana. For more information regarding our services, please visit us at www.stirlingproperties.com.
Stirling Properties Lets the Good Times Roll!
Celebrates Team Members At Annual Stirling Honors Event
Stirling Properties commercial real estate company recently celebrated its 18th Annual Stirling Honors to recognize the successes and accomplishments of Team Stirling over the past year. The Stirling Honors luncheon was held at Fulton Alley in New Orleans. A Commercial Celebration Dinner was also organized to honor Commercial Agents and to grant Commercial Production Awards at The Chicory in New Orleans.
Tim Williamson, President of NOLA Media Group
Stirling Properties employees were treated to a reinvigorating day of motivational messages, great food, team-building interaction, and, of course, bowling! Tim Williamson, President of NOLA Media Group, delivered the keynote address. REINVENTION was the overall theme of the day, inspiring the activities throughout. Marty Mayer, Stirling Properties President & CEO, served as the event host and emcee and discussed the need for a company to continually reinvent itself to grow and stay relevant in an ever-changing industry. Playing off the adage, “When nothing is sure, anything is possible,” he stressed that amidst the backdrop of such uncertainty in the business climate, we must be innovative and transform our strategic process to create new opportunities for progress. 
Robin Hayles and Ellen McCain were acknowledged as recipients of Stirling Properties’ most prestigious honor, the Exceeding Excellence Award, for extraordinary employee actions and innovations that better the company. Exceeding Excellence Award recipients are nominated and selected by their co-workers. Commercial Award recipients received recognition for Bronze, Silver, Platinum, Diamond and Ruby production levels based on individual Adjusted Gross Commission figures for 2016. Special acknowledgment was given to Rhonda Sharkawy, Senior Retail Leasing and Development Executive in New Orleans, for being the Top Commercial Agent in 2016!
COMMERCIAL DIVISION AWARDS
Ruby Award:
Emerald Award:
Diamond Award:
Platinum Award:
Gold Award:
Silver Award:
Bronze Award:
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Also recognized were employees and agents who achieved special anniversaries with the company. Service Awards were given for 5, 10, 15, 20, 25, 30, 35, and 40-year milestones. A special presentation was prepared for Judy McKee, Vice-President of Human Resources, who celebrated 40 years of service with the company!
SERVICE AWARDS
5 Years of Service Jason Babin – Southpark Storage Roger Bajon – Covington, LA Office John Berges – New Orleans, LA Office Carolyn Ciarrocchi – Lafayette, LA Office Scott Macdonald – Baton Rouge, LA Office 10 Years of Service Carri Creel – Covington, LA Office Lindsey Palmer – Covington, LA Office Dawn Plaisance – Covington, LA Office Debra Sebastian – Metairie, LA Office Tara Slater – Covington, LA Office 15 Years of Service Rhonda Creel – Covington, LA Office Patrick Malik – Covington, LA Office Ellen McCain – Covington, LA Office Ryan Pecot – Lafayette, LA Office Jeanne Taravella – Covington, LA Office 20 Years of Service Charles Cornay – Lafayette, LA Office Bonnie Hoover – Metairie, LA Office 25 Years of Service John Arthurs – New Orleans, LA Office 30 Years of Service Marty Mayer – Covington, LA Office 35 Years of Service Donna Derokey – Covington, LA Office Michele Wallace – Covington, LA Office 40 Years of Service Judy McKee – Covington, LA Office
Stirling Properties Awarded Management of 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.
