Stirling Eight United Plaza LLC Acquires United Plaza VIII in Baton Rouge, Louisiana
Stirling Properties to Exclusively Manage and Lease the Class A Office Building
Stirling Eight United Plaza LLC, an entity comprised of local investors led by Stirling Properties, acquired United Plaza VIII from Wink United Plaza LLC on November 25, 2013. Built in 1993, the 3-story, Class A office building is located at 8641 United Plaza Boulevard in the United Plaza Office Park in Baton Rouge, Louisiana. Stirling Properties’ Sales and Leasing Executive Scott Macdonald represented the buyers and Branon Pesnell of Beau Box represented the sellers.
The exclusive management and leasing of the 52,606 square-foot, 91% leased United Plaza VIII will be handled by Stirling Properties. The ownership group which acquired United Plaza VIII, now owns four buildings in United Plaza Office Park – United Plaza I, United Plaza II, United Plaza VIII and United Plaza XII – totaling over 500,000 square feet with a combined occupancy of 97%. All of these buildings are exclusively managed and leased by Stirling Properties.
“Our acquisition team seized a tremendous opportunity in a market that we know to be a strong performer,” said Grady Brame, Executive Vice President of Stirling Properties. “The acquisition of United Plaza VIII is an excellent investment for the building ownership group and demonstrates Stirling’s commitment to Baton Rouge and our belief in the area’s future growth.”
For more information regarding United Plaza VIII contact:
- Grady Brame at 985-246-3769 or gbrame@stirlingprop.com for acquisition questions.
- Scott Macdonald at 225-201-0142 or smacdonald@stirlingprop.com for leasing opportunities.
Stirling Properties Breaks Ground for New Restaurant at Stirling Bossier Shopping Center
Santa Fe Cattle Company Restaurant to Open in Fall 2012
BOSSIER CITY, LA – Stirling Properties, developer and property manager of Stirling Bossier Shopping Center, announces the construction of a new 7,918 square foot Santa Fe Cattle Company Restaurant, a roadhouse style steakhouse, located on the outparcel adjacent to the Progressive Bank building, fronting Airline Drive. Santa Fe is expected to open at Stirling Bossier in early fall 2012.
Headquartered in Baton Rouge, Louisiana, Santa Fe Cattle Company operates in 6 states with 17 locations. Within Louisiana, they have locations in Hammond, Prairieville and Ruston, making the Stirling Bossier restaurant the fourth in the State. The Hammond location, which opened in June 2009 at Hammond Square, is another Stirling Properties retail development.
Rhonda Sharkawy who represents Stirling Bossier Shopping Center and who brokered the transaction commented that “Santa Fe Cattle Co. will give guests of Stirling Bossier further variety in dining options and enhances the overall make-up of the Shopping Center.”
For additional leasing and sales opportunities at Stirling Bossier Shopping Center, contact Rhonda Sharkawy at (504) 620-8145 or rsharkawy@stirlingprop.com.
Photos from Mid-City Market Groundbreaking in New Orleans
Earlier this week, Stirling Properties commemorated the groundbreaking of Mid-City Market, the highly anticipated urban shopping center development located along the North Carrollton Avenue commercial corridor in New Orleans, Louisiana.
To commemorate the groundbreaking event Mayor Mitch Landrieu, Councilwoman Susan Guidry and Regional VP of Winn-Dixie, Joey Medina, along with Stirling Properties’ Marty Mayer, President and CEO, Lewis Stirling, Townsend Underhill, tenant representatives from the development and the Mid-City Market design and construction team of VergesRome Architects, Duplantis Design Group and Donahue Favret Contractors Inc. were in attendance.
Tenants with executed leases in the development include Office Depot, Neighborhood Pet Market by Jefferson Feed, Felipe’s Taqueria, Pinkberry Frozen Yogurt, Five Guys Burgers and Fries, and Pei Wei Asian Diner. Mid-City Market is 80% pre-leased with other tenant announcements forthcoming. Additional lease space is also available. For more information contact Chris Abadie, Vice President and Manager of Stirling Properties’ Commercial Brokerage Division, at (985) 246-3721 orcabadie@stirlingprop.com.
For more information about the development of Mid-City Market, contact Townsend Underhill at (985) 246-3785 or tunderhill@stirlingprop.com.
Retailers at River Chase Shopping Center Celebrate Store Openings
COVINGTON, Louisiana —- (MARCH 8, 2012) River Chase Shopping Center celebrates the store opening of several national retailers in the development’s newest phase. The first openings are scheduled to occur over the next few weeks with others to open this summer. The store opening schedules are as follows:
- March 12 – ULTA Beauty
- March 16 – Michael’s
- Late March to June – Charming Charlie, Maurices, The Children’s Place, Justice, Carter’s and Chuck E Cheese
Currently there are retail and restaurant outparcels, up to six acres, available for sale or lease. In addition, small shop options are available for lease ranging from 1,800 SF to 4,500 SF. For information about these and other retail sales and leasing opportunities contact Rhonda Sharkawy, Retail Leasing & Development Executive for Stirling Properties, at rsharkawy@stirlingprop.com or call (504) 523-4481. For information about the Offices at River Chase contact Lee de la Houssaye, Leasing and Sales Associate for Stirling Properties, at ldelahoussaye@stirlingprop.com or call (985) 246-3774. For more information about the River Chase development contact Townsend Underhill at tunderhill@stirlingprop.com or call (985) 898-2022.
New Office Park Coming to River Chase
In addition to the announcement of Sam’s Club and other exciting new retail tenants coming to River Chase Shopping Center in Covington, Louisiana, Stirling Properties is actively pre-leasing the first phase of the Offices at River Chase, a 42 acre office park that will feature a parking garage and is within walking distance to hotels, restaurants, banks, a theater, luxury apartments and over 945,000 square feet of retail.
Rendering
The 6-story, 157,400 square-foot premier, Class A office building will be the first of the five-building Offices at River Chase. Available spaces range from approximately 1,800 to 26,000 square feet per floor. The building will be built with state-of-the-art construction using the highest quality materials and will have LEED Silver Certification from the U.S. Green Building Council. The architectural firm is Wakefield, Beasley & Associates, a highly respected firm committed to designing environmentally responsible buildings all over the world. We are looking for 50% minimum preleasing prior to beginning construction. Stirling Properties will be developing, managing and leasing the buildings. For information about the Offices at River Chase contact Lee de la Houssaye, Leasing and Sales Associate for Stirling Properties, at ldelahoussaye@stirlingprop.com or call (985) 246-3774.
