Stirling Properties Welcomes Tucker Brooks to its Team
COVINGTON, Louisiana—- (JANUARY 24, 2011) Stirling Properties announces the addition of Tucker Brooks to the company’s Asset and Property Management Division located at 109 Northpark Blvd. Suite 300 in Covington, Louisiana as an Assistant Asset Manager for the company.
“Stirling has grown its business despite the recent downturn in the economy. We anticipate this growth will continue and the addition of young, experienced, and talented people like Tucker will only help escalate that growth while providing the results our clients expect,” said Donna Taylor, Vice President of Asset and Property Management for Stirling Properties.
Mr. Brooks joins Stirling Properties from SRS Real Estate Partners in Denver, Colorado where he specialized in landlord and tenant representation. His most recent clients, while with SRS, included Circle K Gas Stations, Fidelity Investments, Flow Restaurant Group, and Mile High Thrift Store.
Mr. Brooks is a member of the International Council of Shopping Centers (ICSC) and ICSC Next Generation. In 2009, he received the CoStar Group’s 2008 Power Broker Award as a top Retail Leasing Broker for Grubb & Ellis also in Denver, Colorado. Mr. Brooks earned his Master of Business Administration and Master of Science in Real Estate and Construction Management from the University of Denver in 2004. Also, a Bachelor of Arts degree was obtained from the University of Montana for journalism.
Stirling Properties Brings Charming Charlie to Hammond Square
The Houston, Texas Based Retailer Expands to its Third Louisiana Location
HAMMOND, Louisiana—- (JANUARY 4, 2011) Stirling Properties, developer of Hammond Square, brings a new fashion accessory boutique to their shopping center. Charming Charlie will occupy a 9,911 square foot space located on Main Street across from Books-A-Million and Shoe Department Encore. The anticipated opening is set for early this spring.
Charming Charlie is a Houston, Texas based retailer that opened in 2004. At the end of 2010 they had expanded to encompass 96 locations across the United States, including two in Louisiana – Perkins Rowe in Baton Rouge and the Mall of Acadiana in Lafayette. Their success is attributed to blending fun, style, color and affordability to create a unique women’s boutique environment. Awarded the “Hot Retailer of 2010” by The International Council of Shopping Centers (ICSC), Charming Charlie brings new style to Hammond Square.
“Charming Charlie choosing to locate within Hammond Square shows that they recognize the quality of the development and the strength of the Hammond retail market,” said Grady K. Brame Executive President and Partner for Stirling Properties. “This retailer will be a great addition and we are extremely excited about Charming Charlie coming to Hammond Square.”
Fashion jewelry, women’s handbags and accessories are priced primarily between $4.97 and $49.97 and are all organized in the store by color. Charming Charlie’s shopping experience extends online as well via their website www.charmingcharlie.com and through sales and fashion trend updates on Facebook, Twitter, YouTube, Flickr and their accessories trend blog – Charm Chronicles.
For information regarding Charming Charlie or Hammond Square contact Grady Brame at gbrame@stirlingprop.com. For leasing opportunities still available at Hammond Square contact Beezie Landry, blandry@stirlingprop.com, at 985-246-3781 or Rhonda Sharkawy, rsha@stirlingprop.com, at 504-620-8145.
Stirling 601 Poydras, LLC Acquires Pan-American Life Center in New Orleans, Louisiana
The Pan American Life Center located on the Corner of Poydras Street and Saint Charles Avenue
COVINGTON, Louisiana —- (DECEMBER 22, 2010)
Stirling 601 Poydras, LLC , an entity comprised of local investors led by Stirling Properties, recently acquired the Pan-American Life Center in New Orleans, Louisiana from Equastone Real Estate Investment Advisors, a private real estate investment firm in San Diego, California.
Stirling Properties’ Senior Vice President of Acquisitions, Jeffrey L. Marshall, led the team in this effort to acquire the 673,000 square foot high-rise located at 601 Poydras Street. The exclusive management and leasing rights will be handled by Stirling Properties, whose portfolio now includes over 12 million square feet.
“We are very excited about the acquisition of the Pan-American Life Center,” said Marty Mayer, President and CEO of Stirling Properties. “Our acquisition team seized a tremendous opportunity to own what we believe is the premier office building in the Central Business District of New Orleans.”
Lewis Stirling, an Executive Vice President and Partner of Stirling Properties, views this acquisition not only as a positive investment for the company but also as a vote of confidence in the future of New Orleans. “I believe strongly that the acquisition and development opportunities in the city are going to be plentiful over the next few years. We expect that Stirling Properties will play a major role in New Orleans growth.”
The Pan-American Life Center is a 28 story, inclusive of an eight-story parking structure located above the ground floor, Class A office building with amenities that include a full-service cafeteria and conference center. Built in 1980 as the headquarters for the Pan-American Life Insurance Co., this multi-purpose facility now serves as the headquarters to several large employers and is 91% leased. For information regarding the Pan-American Life Center contact:
Marty Mayer at 985-246-3714 or mmayer@stirlingprop.com for acquisition questions
Gaines Seaman at 504-620-8187 or gseaman@stirlingprop.com for leasing opportunities
Stirling Properties’ River Chase is designated as a Louisiana Economic Development Certified Site
COVINGTON, Louisiana—- (DECEMBER 22, 2010) River Chase, a master planned, multi-use Stirling Properties’ development in Covington, satisfies all requirements set forth by the Louisiana Economic Development (LED) Certified Sites Program and has been designated as an LED Certified Site. After a rigorous review process by LED and URS, an independent third-party engineering firm, the certification means that River Chase is suitable for economic development projects.
“The LED Certified Sites Program is designed to make Louisiana more competitive for economic development deals by certifying sites that have the ability to break ground within 90 days because all rights to build are in place,” said Townsend Underhill, Vice President of Development for Stirling Properties. “River Chase’s new certification positions St. Tammany Parish for great economic success, and the Development Team at Stirling Properties remains committed to bringing national caliber businesses into the area.”
Since the inception of the LED Certified Sites Program earlier this year, LED has only certified two other Louisiana sites; the Donaldsonville Technology and Industrial Park in Donaldsonville and North Whittington Property in Shreveport. River Chase is now Louisiana’s third site, and only development in the New Orleans Metro, to be recognized with this significant honor.
Stirling Properties’ Development Team worked to receive this certification by performing due diligence with regard to legal control of the property for possible sale and/or lease, zoning restrictions, surveys, title work, environmental studies, wetlands permits, road and utility infrastructure, access to primary shipping routes, elevations, flood plain, soil analysis, traffic studies, and public infrastructure engineering. LED Certified Sites are identified by a special notation and logo. For additional information about LED Certified Sites, visit OpportunityLouisiana.com/Sites.
To view the Site Plan or for more information about River Chase contact:
Retail:Rhonda Sharkawy, Leasing & Development Executive | (504) 620-8145, or rsha@stirlingprop.com
Outparcel & Hotels:William Barrois, Sales & Leasing Executive | (985) 246-3736, or wbarrois@stirlingprop.com
Office:Lee de la Houssaye, Leasing Sales Associate | (985) 246-3774, or ldel@stirlingprop.com
Stirling Properties Secures the Following Listing/Leasing Agreements and Completed Transactions
COVINGTON, Louisiana – (December 20, 2010) Stirling Properties is proud to announce the following agreements:
- HSHPT, LLP, New Orleans, LA – 3,270 SF
- Allied Cash Advance, Pineville, LA – 1,500 SF
- Allied Cash Advance, Alexandria, LA – 1,100 SF
- Academy Sports + Outdoors, Lafayette, LA – 69,140 SF
- Wal- Mart, Mandeville, LA – 11,196 SF
- First Horizon, Inc., Covington, LA, 13.9 Acres
- Henry Wong, Church Point, LA – 3,261 SF
- Saigon Noodles, Lafayette, LA – 1,500 SF
- Naked Pizza, Lafayette, LA – 1,917 SF
- GBR Investments, LLC, Baton Rouge, LA – 6,300 SF
Stirling Properties Welcomes Randy Raudabaugh to its Team
BATON ROUGE, Louisiana —- (DECEMBER 13, 2010) Stirling Properties announces the addition of Randy Raudabaugh to the Commercial Brokerage Division’s team of sales professionals located at 8550 United Plaza Boulevard in Baton Rouge. He will serve customers throughout the Greater Baton Rouge market.
Mr. Raudabaugh joins Stirling Properties after having served thirty-five years with the ExxonMobil Corporation including twelve years with Exxon’s real estate development subsidiary, Friendswood Development Company, managing a broad range of commercial, residential and industrial development projects. His last ten years were with ExxonMobil’s Global Real Estate and Facilities department where he became familiar with markets worldwide. As Senior Vice President of Global Real Estate, Mr. Raudabaugh ran the real estate business in North and South America, managing millions of square feet of ExxonMobil office and warehouse leases in addition to a variety of real estate responsibilities throughout the western hemisphere. Up until his retirement in August of 2009, Mr. Raudabaugh served as the Senior Global Services Executive at the company’s corporate headquarters in Irving, Texas.
“Randy’s vast real estate experiences, garnered from his impressive career with Exxon, are invaluable to our company and our clients,” said Gerald Songy, Executive Vice President and Partner of Stirling Properties. “His expertise on a national level will expand the breadth of services available in the development and leasing arena here at Stirling Properties.”
Mr. Raudabaugh holds designations as a Certified Commercial Investment Member (CCIM) and Certified Purchasing Manager (CPM). He graduated with honors from Louisiana State University where he earned his Bachelor’s of Science in marketing and Master’s of Business Administration degrees. While at LSU, Randy was on the gymnastics team and a football cheerleader. Mr. Raudabaugh is an active member in the LSU Flores MBA Alumni Association, Corenet, and the LSU “L” Club.
