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.
Stirling Properties Acquires 140,000-Square-Foot Pepsi Distribution Center in Livingston, LA
Marks company’s 1st large-scale industrial acquisition.
Stirling Properties announces the acquisition of a 140,000-square-foot Pepsi Distribution Center located in Livingston, Louisiana. The sale closed on August 19th. This marks Stirling Properties’ first large-scale industrial acquisition. The company will also assume asset management duties of the property immediately.
Built in 2016, the industrial property sits on 15 acres and is strategically located along the I-12 corridor. The facility is fully occupied by PepsiCo., Inc. and serves as a logistics hub for PepsiCo brands, including Gatorade, Dasani, Frito-Lay, Starbucks, Mountain Dew and other related brands for the Greater Baton Rouge Area, Greater New Orleans Area and the Northshore regions of Southeast Louisiana.
Townsend Underhill, President of Development for Stirling Properties, will serve as the Asset Manager for the property. Beezie Landry, Justin Langlois, and Chad Rigby, with Stirling Investment Advisors (SIA), a division of Stirling Properties, handled the sales transaction. Stirling Investment Advisors specialize in investment sales of retail, multifamily, office, healthcare, and industrial properties, across the Gulf South market.
Stirling Properties Welcomes Chip Brown and Jay O’Brien to Its Commercial Brokerage Team in Mobile, AL
Stirling Properties welcomes Chip Brown and Jay O’Brien to its Commercial Brokerage Team. Brown and O’Brien will work out of the company’s Mobile, Alabama, office located at 1 St. Louis Street, Suite 4100.
Chip Brown joins the team as a commercial real estate advisor. He is a REALTOR® and entrepreneur and the former president of his family-owned commercial real estate company, E.H. Brown and Associates, located in Mobile.
Brown is a veteran of the Alabama Army National Guard and a former Advisor in Afghanistan for NATO and US Forces Afghanistan. A lifelong resident of South Alabama, he serves as a State Representative for South Mobile County and sits on the Urban & Rural Development Committee, Economic Development & Tourism Committee, Insurance Committee, House Rules Committee and Mobile County Legislation Committee.
He is a former Chairman of the board for the Make A Wish Foundation of Alabama and for several years has volunteered his time serving as a youth baseball, football, soccer and basketball coach. Brown is a graduate of Troy State University, The Defense Department Information School and has a master’s degree from National University.
Jay O’Brien, CCIM, serves as a senior advisor, specializing in land brokerage, site selection, tenant representation and property management. With more than 23 years of experience, he has been involved in the development, acquisition and disposition of over 10,000,000 square feet of retail, multifamily and industrial properties throughout Alabama, Mississippi and the Florida Panhandle. He holds the prestigious Certified Commercial Investment Member (CCIM) designation, commercial real estate’s global standard for professional achievement.
A lifelong resident of Mobile, O’Brien is an entrepreneur, local business owner and the president of his family-owned real estate company, J. L. O’Brien & Associates, Inc., in Mobile. He is a member of the National Association of Realtors, State Board of Realtors and the Mobile Board of Realtors. He is also a former State Board Member and Officer with the Coastal Conservation Association (CCA) of Alabama. O’Brien graduated from Auburn University with a degree in Building Science.
Chip Brown can be reached at cbrown@stirlingprop.com / (251) 581-5173. Jay O’Brien, CCIM, can be reached at jobrien@stirlingprop.com / (251) 379-1420.
