Stirling Properties Announces New Tenants to Offices at Mid-City Market in New Orleans
Stirling Properties is pleased to announce new tenants Sola Salon and Billes Partners to the Offices at Mid-City Market in New Orleans, Louisiana.
Billes Partners–a planning, project development, architecture, interior design, and graphic design firm–will occupy roughly 3,000 square feet and plans to open by early-March 2016.
Sola Salon Studios, a 4,295-square-foot franchise hair salon plans to open this summer.
Previously announced Gallo Mechanical, LLC and Orangetheory Fitness are currently open and operating. Exceptional Dental and H-3 Aesthetics & Dermatology are on track to open this spring.
A formal ribbon cutting ceremony is being planned and will be announced in the near future.
Offices at Mid-City Market, is a 54,000 square foot, mixed-use complex in the burgeoning Mid-City neighborhood of New Orleans. Located adjacent to Stirling’s recently completed Mid-City Market development, this building was originally constructed in 1954 and was most recently the home of Loubat Foodservice Equipment Company. Throughout the course of this development, Stirling Properties has maintained the historic integrity of the existing structure while renovating the interior into a combination of office and retail space and consequently brought a prominent neighborhood building back into commerce.
For more information and leasing opportunities for Offices at Mid-City Market, contact Joe Gardner at jgardner@stirlingprop.com or 504-620-8140.
Stirling Properties Names Saban Sellers As Sales and Leasing Executive
Stirling Properties is pleased to announce Saban Sellers as Sales and Leasing Executive for its Commercial Brokerage Division in New Orleans, Louisiana. Sellers will work from the company’s New Orleans Office located at 615 Baronne Street, Ste 100.
Prior to joining Stirling Properties, Sellers began his career in commercial real estate in 2014 working for NAI Latter & Blum out of Baton Rouge.
Sellers graduated from Louisiana State University’s E.J. Ourso College of Business with a Bachelor of Science in Finance. During his college tenure, Sellers was a member of the LSU Lacrosse team where he also took a position on the team’s Board of Directors as Treasurer.
Sellers can be reached at 504.620.8122 or ssellers@stirlingprop.com.
Stirling Properties Announces Largest Retail Acquisition in Company History
Stirling Properties is pleased to announce the purchase of Turtle Creek Crossing shopping center in Hattiesburg, Mississippi, on Friday January 22nd, 2016, at a purchase price of $48.1 million. Turtle Creek Crossing is the largest retail acquisition by Stirling Properties in its 40-year history.
Completed in 2007, the 295,000-square-foot shopping center is located on US Highway 98 in Hattiesburg adjacent to Turtle Creek Mall, and shares a lighted intersection with Sam’s and Walmart Supercenter. Anchor tenants include Ashley Furniture, Bed Bath & Beyond, Ross Dress for Less, Old Navy, Books-A-Million and PetSmart. Shadow anchors include Academy, Target and Kohl’s.
“Located in the markets’ dominant retail corridor, this center is very similar to several others that Stirling Properties has developed over the past 15 years,” said Jeffrey Marshall, Senior Vice President – Acquisitions/Finance with Stirling Properties. “We are confident that Turtle Creek Crossing will perform well for many years to come, and provide top-notch shopping, retail and economic opportunities to the area.”
Stirling Properties is one of the most diversified full-service commercial real estate companies in the country offering Brokerage Services, Development and Redevelopment, Acquisitions and Investments, and Property and Asset Management over a wide array of property types.
In 2010, Stirling Properties strategically focused our attention toward commercial property acquisition and creating opportunities to return-driven investors seeking to put capital into real, tangible property across the Gulf South.
“We identify assets—such as Turtle Creek Crossing—that offer stabilized current risk-adjusted returns where we can add value to improve performance. Our proven track record in acquisitions, and our in-depth understanding of market dynamics along with the positioning of assets within the market, enables us to create opportunities that others cannot,” concludes Marshall. “We are excited and optimistic—not just for Turtle Creek Crossing—but about the future growth of Hattiesburg and the entire South Mississippi region.”
For more information regarding our services, please visit us at www.stirlingproperties.com.
Stirling Properties Announces Recent Activity In South Alabama
Alabama’s 1st plaza development & new area tenants
Stirling Properties is excited to announce recent activity in the South Alabama areas of Daphne, Gulf Shores, Mobile and Orange Beach. For more information, please contact Jeff Barnes, listing broker with Stirling Properties in Mobile.
DAPHNE COMMONS (Daphne)
- Daphne Commons will be a signature development on the Eastern Shore of Baldwin County. The new shopping center will consist of approximately 27,000 square feet and construction is anticipated to start in early 2016. The initial phase of the center will feature 2 buildings. Expansion space and an out parcel will also exist.
- National tenants are in the works and will be announced soon!
WAHOO PLAZA (Gulf Shores)
- Located along Foley Beach Expressway at Highway 8, Wahoo Plaza will be Alabama’s first plaza-type development! Infrastructure and underground retention is under way with 3.77 acres available for sale/lease.
- A Shell gas station and convenience store will be included in the development.
ONE ST. LOUIS CENTRE (Mobile)
- Birmingham-based Oakworth Capital Bank is opening its first Mobile location occupying 4,700 square feet at One St. Louis Centre. The company intends to establish a full-service office, including commercial and private banking in the near future.
THE WHARF (Orange Beach)
- Stirling Properties was retained to re-evaluate and develop a revised master plan for the 65 acres of undeveloped land at The Wharf, a mixed-use waterfront development in Orange Beach.
- Stirling Properties is excited to announce new tenants to The Wharf, including Sea la vie Design, a 5,497-square-foot furniture and design studio, Orange Grove, a 1,597-square-foot gift shop and Montego’s Caribbean Cafe’ and Bar, a 9,301-square-foot waterfront restaurant, expected to open in February 2016.
- Several significant new tenant leases will be announced in the coming weeks!
Stirling Properties is located in One St. Louis Centre, 1 St. Louis Street, Suite 4100 in Mobile. For more information regarding our services, please visit us at www.stirlingproperties.com.
First Tenant Opens at the Offices at Mid-City Market in New Orleans
Additional Tenant Announcements Coming Soon
Stirling Properties is excited to announce the opening of the first tenant at Offices at Mid-City Market, a 54,000 square foot, mixed-use complex in the burgeoning Mid-City neighborhood of New Orleans.
Orangetheory Fitness, a fitness studio that specializes in hour-long group interval training workouts, has opened their first Louisiana location at Offices at Mid-City Market. Orangetheory is currently open and will celebrate their Grand Opening on December 31st. For more information, visit www.orangetheoryfitness.com/new-orleans.
Joining the previously announced Gallo Mechanical, LLC corporate headquarters and Orangetheory Fitness, are Exceptional Dental and H-3 Aesthetics & Dermatology.
Gallo Mechanical, LLC, a leading mechanical contracting company in the Gulf South, will be the first office tenant to open in the building, occupying 15,448 square feet. Gallo has relocated their corporate headquarters from Metairie to New Orleans.
Exceptional Dental, providing restorative and beautifying dentistry to patients across Louisiana is scheduled to open spring 2016.
H-3 Aesthetics & Dermatology, offering general and cosmetic dermatology services, along with a juice bar, is also scheduled to open spring 2016.
New tenant announcements coming soon!
Located adjacent to Stirling’s recently completed Mid-City Market development, this building was originally constructed in 1954 and was most recently the home of Loubat Foodservice Equipment Company. Throughout the course of this development, Stirling Properties has maintained the historic integrity of the existing structure while renovating the interior into a combination of office and retail space and consequently brought a prominent neighborhood building back into commerce.
For more information and leasing opportunities for Offices at Mid-City Market, contact Joe Gardner at jgardner@stirlingprop.com or 504-620-8140.
Stirling Properties Announces Promotions in Property Management Department
Stirling Properties is excited to announce two promotions in its growing Property Management Department. Patrick Malik has been appointed Vice President of Property and Risk Management after 14 years as Operations Manager. Lindsey Palmer, Property Manager, has been promoted to Director of Property Services.
Patrick Malik‘s role has evolved from Operations Manager to overseeing all aspects of the Property Management Department including supporting Asset Management, Development and Acquisitions, new business development and integration and ongoing property operations of over $1.2 billion in real estate assets. In addition, he handles risk management and insurance for Stirling Properties and its clients, including sourcing coverage options, negotiating policy terms, insurance claims, management of Captive Insurance Program, disaster preparedness and emergency response. Mr. Malik has over 25 years of Property Management experience across commercial real estate sectors in a variety of roles. He graduated from the University of West Florida with a Bachelor’s Degree in Management. As Director of Property Services, Lindsey Palmer will oversee all aspects of Property Services and its staff, providing support for Property and Asset Management of over 17 million square feet commercial real estate. Ms. Palmer will continue her responsibilities as Property Manager of 2.3 million square feet of properties, including Fremaux Town Center in Slidell and Hammond Square and in Hammond. Ms. Palmer joined Stirling Properties 9 years ago after graduating from Southeastern Louisiana University with a Bachelor of Science in Finance and a Master in Business Administration.
