Canal Place Welcomes PJ’s Coffee
O’Connor Capital Partners Signs Deal with PJ’s Coffee for 2021 Opening.
O’Connor Capital Partners today announced that PJ’s Coffee would open a new location this year at Canal Place, New Orleans’ premier luxury retail destination.
PJ’s Coffee will open their Canal Place location this Summer in a 527-square-foot space on the first level of the center fronting Iberville Street.
“We are very excited to welcome local favorite, PJ’s Coffee, to Canal Place,” said Winter Warren, Marketing Director of Canal Place. “Both institutions have a long-standing heritage of serving New Orleans residents and visitors, and we are thrilled to now have PJ’s Coffee as part of the Canal Place family.”
Stirling Properties’ commercial advisors Carly Plotkin and Lauren Ryan serve as the leasing agents for the property and worked with the team at O’Connor Capital Partners to secure the location for PJ’s Coffee at Canal Place.
“Our goal is to target best-in-class local and regional tenants to complement the strong national tenancy already present at Canal Place—and there is no better brand to represent the local culture than PJ’s Coffee, a New Orleans original,” said Plotkin. “Stirling Properties is proud to continue our partnership with O’Connor Capital Partners, and we look forward to welcoming even more great retailers to the tenant mix at Canal Place soon.”
PJ’s Coffee delivers a unique coffee experience by sourcing the top 1% of Arabica beans from over 14 origins around the world. Their Southern hospitality, superior roasting techniques, and passion for making coffee are what make PJ’s Coffee so special. PJ’s Coffee at Canal Place will serve a wide variety of hot, iced and frozen coffee beverages, as well as organic tea and fresh breakfast pastries, including its new beignet program.
“PJ’s Coffee of New Orleans is excited to open at Canal Place as we extend our reach within our community. Providing New Orleans food, beverage and hospitality at the most preeminent shopping venue in the city is something we are absolutely looking forward to,” said David Mesa, Chief Development Officer.
Canal Place is Downtown New Orleans’ premier destination for luxury fashion and beauty brands, boutique clothing stores, home goods and much more. Canal Place is home to the notable WITH LOVE FROM nola moss wall, one of New Orleans’ most Instagrammable spots. Additionally, the lush landscaping and modern renovations have begun to evolve the experience that distinguishes shopping at Canal Place from the rest of the city.
About Canal Place
Situated on the edge of the historic French Quarter, Canal Place is home to many notable, exclusive designer boutiques. An on-site, four-star hotel, The Westin New Orleans, and a convenient covered parking facility add to Canal Place’s unique offerings. Anchored by Saks Fifth Avenue, this world-class shopping center boasts a superb mix of stores including Louis Vuitton, Tory Burch, MCM, Anne Fontaine, Brooks Brothers, Tiffany & Co., lululemon, and vineyard vines, to name a few. For more information, visit www.canalplacestyle.com. Connect with Canal Place on Facebook, Twitter and Instagram (@canalplacestyle).
About O’Connor Capital Partners
Founded in 1983, O’Connor Capital Partners www.oconnorcp.com is an institutional real estate investment, management, and development firm based in New York City and run by CEO Bill O’Connor. The firm pursues acquisitions, developments and residential conversions on behalf of its institutional funds, separate accounts, and own account. O’Connor primarily targets retail and residential opportunities throughout the United States and Mexico. Since inception, O’Connor has acquired or developed over $30 billion of property, including over 55 million square feet of retail space and over 30,000 residential units globally.
About Stirling Properties
Stirling Properties is one of the most diversified full-service commercial real estate companies in the country. Regionally focused and nationally acclaimed, we specialize in Advisory Services, Commercial Brokerage, Development & Redevelopment, Asset & Property Management and Investments over a wide array of property types across the Gulf South. Connect with Stirling Properties on the web at www.stirlingproperties.com, “like” us on facebook.com/stirlingproperties, follow us @StirlingProp on twitter.com/StirlingProp or subscribe to our Stirling Insights blog.
About PJ’s Coffee of New Orleans
PJ’s Coffee of New Orleans was founded in 1978 by Phyllis Jordan, a pioneer in the coffee industry that demonstrated that better beans, superior roasting techniques, and pure passion for the art of coffeemaking mattered. In 2008, the company was purchased by New Orleans natives and brothers, Paul, Steven, and Scott Ballard. PJ’s Coffee serves a wide variety of hot, iced and frozen coffee beverages using only the top 1% of Arabica beans, as well as organic tea and fresh breakfast pastries. PJ’s Original Cold Brew™ Ice Coffee is brewed daily using a special cold-drip process that protects the flavor and strength of the beans, while producing a coffee that is 2/3 less acidic – a process and technique pioneered by our founder and used for more than 30 years at all PJ’s locations. Bags of whole bean coffee, single serve cups of PJ’s Coffee and PJ’s Iced Coffee Concentrate are available for sale in-store and online. With over 126 operating stores, including four international locations, PJ’s Coffee continues to expand across the U.S. and abroad and is slated to open 45 more stores throughout 2021.
The Wharf Reaches Record-Breaking Occupancy on Alabama Gulf Coast
The Wharf at Orange Beach, a popular shopping, dining and entertainment venue on the Alabama Gulf Coast, has reached a record-breaking total occupancy of 98% in 2021 — up from 93% in May 2020.
On the cusp of a completely full venue with only four unoccupied spaces remaining on The Wharf property, the growth has gained much interest from businesses in a range of sectors including restaurants, real estate, entertainment and retail. New tenants that have recently joined The Wharf family include Local Life OBA, Cool Shots Selfie Museum, HUK Performance Fishing Apparel, Southern Athletica, Poppy’s Boutique, Maho Shades, MA Beauty Lounge, Gulf Coast Athletics, Compass Media, the Coastal Alabama Business Chamber and The Wharf Welcome Center, The Spice & Tea Exchange, Murder Point Oysters, The Coastal Leaders Property Group, Coco LOUIE, Joanna A Boutique, Claremont Property Co., Wise Living Real Estate and more on the way that have yet to open. Nearly all are owned by area residents, making The Wharf one of the highest concentrations on the Gulf Coast of locally-owned businesses.
“As The Wharf enters its 15th year, we’re excited to welcome new establishments that will contribute to our continued success,” said Kristen Hammack, management team leader at The Wharf. “We are always looking for ways to better serve and meet the needs of both visitors and locals, and each of these new businesses brings something unique to our offerings. We pride ourselves in being a safe, family friendly venue where you can experience everything from getting married and purchasing a home to renown fishing tournaments, creative culinary options, unique shopping, energetic concerts and more — a place where ‘life’ happens.”
Tom Thumb also recently acquired and broke ground on 3.94 acres of land located at the intersection of Canal Road and Wharf Parkway East for the development of a convenience store and gas pumps. And just behind it, a 127,000 sq. ft. storage facility is currently under construction. The Wharf partnered with Jeff Barnes, broker with Stirling Properties, who is serving as the commercial leasing agent for the property and responsible for securing each of these new tenants.
“We are thrilled to work with The Wharf and welcome new businesses to Orange Beach. Despite the numerous struggles over the last year, the significance of this record-breaking occupancy for The Wharf truly demonstrates the resiliency of the community and the tenacity of locally-owned businesses, as well as the tremendous efforts of the entire team at The Wharf,” said Jeff Barnes, CCIM, senior investment advisor for Stirling Properties.
“The positive momentum is fostering new opportunities for the undeveloped parcels of The Wharf, like the new Tom Thumb and fast-serve establishments and self-storage facility. Our market dynamics and growth are very encouraging, and we are poised for continued success. We look forward to welcoming even more great tenants to The Wharf soon.”
Just last month, Shades Sunglasses and Casual Apparel, with 10 locations in four states across the Southeast, confirmed their highest-ever, single-day record in sales across all stores at its Wharf location. Shades owners, Joe and Mary Jernigan, have also recently opened HUK Performance Fishing Apparel and Coco LOUIE at The Wharf.
“Our sales during the car show a few weekends ago were higher than any Black Friday, Christmas, Memorial Day or other major-shopping holiday that we have seen,” said Joe Jernigan. “Because of the expected growth at The Wharf, we decided to open up two additional stores this year, and both businesses have already exceeded projected business model expectations. Shades at The Wharf has surpassed all other locations in sales and is on track for its best year ever since its inception in 2004 — up 30% from 2019.”
With this growth, The Wharf has made various infrastructure and general property updates along with a substantial upgrade to the nightly light show that now features state-of-the-art lasers named the SPECTRA Laser Light Experience. The spectacle is viewed by more than 115,000 visitors each year.
The Wharf Amphitheater, which was nominated for the 2019 Academy of Country Music Awards Outdoor Venue of the Year, has also received recent upgrades and will be welcoming back the C Spire Summer Concert Series this year with its first socially distant event kicking off on April 25 featuring NEEDTOBREATHE. Other top-charting industry artists are slated to perform in 2021 including the popular Luke Bryan, Jon Pardi, Brantley Gilbert, Brooks & Dunn and more.
Along with concerts, The Wharf is excited to safely welcome back annual events such as car shows, festivals, food events and holiday celebrations with more than 50 events slated for the remainder of 2021.
For the latest news and updates on what’s to come at The Wharf, visit alwharf.com, or follow along on Facebook, Instagram and Twitter at @thewharfoba. For commercial real estate information pertaining to The Wharf including executive office suites, traditional office suites, retail space and commercial sites for development, contact Jeff at 251-975-8222 or via email at jbarnes@stirlingprop.com.
About The Wharf
Located in beautiful Orange Beach, Ala., The Wharf is an official entertainment district with hundreds of family friendly events throughout the year. Enjoy shopping, drinks and dining at our 60+ unique stores, bars and restaurants. Stay onsite at the SpringHill Suites by Marriott hotel or Levin’s Bend Condominium, catch a movie at the 15-screen AMC Theatre, experience a trip around one of the Southeast’s largest Ferris wheels, take a train ride down Main Street, grab a game of mini golf, explore all that nature has to offer on a boating excursion or catch a nightly SPECTRA Laser Light Experience show — the options are endless. The 10,000-seat Wharf Amphitheater hosts a variety of well-known entertainers, and The Wharf Marina is home to some of the largest in-water boat shows and saltwater fishing tournaments on the Gulf. For more information or to book a reservation, visit alwharf.com.
Mandina’s Restaurant Coming to Spanish Fort Town Center
Stirling Properties, in partnership with Cypress Equities, announces New-Orleans-based Mandina’s Restaurant will be joining the tenant lineup at Spanish Fort Town Center mixed-use development in South Alabama.
Mandina’s Restaurant has been a New Orleans institution since 1932, serving Italian and Cajun-Creole seafood, steaks and pasta. This marks the third location for Mandina’s Restaurant and the first outside of Louisiana. The original restaurant is located on Canal Street in New Orleans. A local franchisee opened the second Mandina’s on the Northshore of Lake Pontchartrain in Mandeville, Louisiana, and is now venturing into Alabama. The newest Spanish Fort location will occupy 3,997 square feet of space located on Bass Pro Drive across from “The Fort” Container Park. Menu items and operation will closely resemble that of the Mandeville restaurant.
Angie McArthur, Broker Associate, and Jeff Barnes, Senior Investment Advisor/Broker Associate with Stirling Properties, serve as the leasing team for the property owners, Dallas-based Cypress Equities, and helped to secure the new restaurant for the center. The duo has worked with the overall Spanish Fort Town Center project since 2015.
“Stirling Properties is thrilled to welcome Mandina’s Restaurant to Spanish Fort Town Center and be a part of the evolution and growth of this dynamic community center. The addition of more great restaurants and retailers continues to attract patrons and diners to the development and benefits the surrounding retailers—this is a true destination location for everyone,” said McArthur. “We are proud of the great strides made to move this project forward—from Cypress Equities’ investment in the Pavilion and park to the revitalization of the small shops and the latest addition of The Fort. We look forward to welcoming more great tenants and amenities to Spanish Fort Town Center soon!”
Spanish Fort Town Center, anchored by Bass Pro Shops, Kohl’s, Cavender’s, La-Z-Boy, Urban Air Trampoline & Adventure Park and The Fort Container Park, is a 230-acre premier master-planned development located at the intersection of Interstate 10 and U.S. Highway 98 in Baldwin County. The center includes 450,000 square feet of retail and restaurant space, a residential apartment community, office space, hotels, banks and entertainment options.
Over the last two years, Stirling Properties has helped to successfully secure more than 44,000 square feet of new leases for the retail center, adding Urban Air Trampoline and Adventure Park, Direct Furniture, Oishi Japanese Bar & Grill, Dixie Dental, The Fort restaurants and Cavender’s to the diverse tenant lineup. McArthur and Barnes are also currently in negotiations with various businesses that will add another 140,000 square feet of hotel and other uses.
For Spanish Fort Town Center leasing & sales information, contact Angie McArthur at (251) 375-2481 / amcarthur@stirlingprop.com or Jeff Barnes, CCIM, at (251) 375-2496 / jbarnes@stirlingprop.com.
Stirling Properties awarded leasing of Canal Place shopping center in New Orleans
Targeting high-end local & regional retailers to join strong national retail presence.
Stirling Properties, in partnership with O’Connor Capital Partners, has been awarded the leasing assignment for Canal Place, Downtown New Orleans’ premier shopping destination, located at 333 Canal Street on the edge of the historic French Quarter.
Anchored by Saks Fifth Avenue, Canal Place is a 3-story, 260,000-square-foot upscale shopping center featuring more than 30 retailers, including luxury fashion and beauty brands, boutique clothing stores and home goods, as well as restaurants, a food court and theater. The Canal Place tenancy boasts a dynamic mix of high-end national stores such as Louis Vuitton, Tory Burch, MCM, lululemon, Anne Fontaine, Anthropologie, Tiffany & Co., J Crew, Brooks Brothers, and vineyard vines, to name a few.
Stirling Properties’ commercial advisors Carly Plotkin and Lauren Ryan are serving as the leasing agents for the property. Working with the team at O’Connor Capital Partners, they are targeting best-in-class local and regional tenants to complement the strong national tenancy already present at Canal Place.
“We are excited to work with Canal Place, one of the most prestigious, renowned shopping centers in our region. As part of our marketing and leasing efforts for the property, we are focused on bringing the best local and regional retailers to the center, further expanding its great retail mix, while also highlighting the local flair of New Orleans and our surrounding region,” said Plotkin.
“With its proximity and walkability to New Orleans’ CBD, French Quarter, Riverwalk area, and all the exciting new developments coming on-line this year, Canal Place is uniquely positioned in the heart of everything, making it the perfect location for high-quality brands looking to expand their customer base,” said Ryan.
Canal Place also offers direct frontage to the Canal streetcar line, cruise line terminal access and is connected to Westin New Orleans Canal Place Hotel, creating opportunities to capture local and visiting customers. Multiple leasing opportunities range from 8,860 square feet to 385 square feet, including retail and second generation restaurant space and food court stalls. Short term operators can be accommodated, as well as long-term tenancies.
For leasing information on Canal Place, contact Carly Plotkin at cplotkin@stirlingprop.com / (504) 620-8120 or Lauren Ryan / lryan@stirlingprop.com / (504) 620-8124.
What’s Happening at Hammond Square?
Stirling Properties announces updates on redevelopment project in Hammond, Louisiana
Stirling Properties announces new updates to the ongoing redevelopment project at Hammond Square shopping center in Hammond, Louisiana.
- Five Guys restaurant is celebrating its grand opening today, November 16. The 2,450-square-foot fast-food chain featuring made-to-order burgers, fries and hot dogs is located on Hammond Square Drive next to Chipotle, near the entrance to the shopping center. Chipotle celebrated its grand opening in August of this year.
- Firestone Complete Auto Care has finished construction on its 6,000-square-foot retail space, located on 1.15 acres on West Minnesota Park Drive, near Academy Sports + Outdoors. The automotive company plans to celebrate its grand opening on Friday, November 20.
- Becky Blount Photography is back at Hammond Square this holiday season, offering Santa portraits for customers while closely following mandated safety guidelines. Portrait sessions are by appointment only beginning November 28. Please visit Becky Blount Photography on Facebook for more details.
- Enterprise Rent-A-Car will be opening its new location on December 14. The car rental and leasing company will be located at Palace Centre East, across the street from Hammond Square, next to Walgreens.
- Le Saigon Asian restaurant will also be relocating to the shopping center in a newly developed space. Construction has begun on the 2,375-square-foot building located off CM Fagan Drive, next to IHOP. It is expected to open in the spring of 2021.
- HomeGoods and Michaels are now expected to open in February of 2021. Walk-On’s Sports Bistreaux is also expected to join the tenant lineup with projected opening dates to be announced.
Stirling Properties commercial real estate company is nearing completion on the $15 million multi-tenant redevelopment project at Hammond Square. Demolition of the former Sears and Rite Aid buildings was completed last year to make way for the new retailers.
Rhonda Sharkawy, Senior Retail Leasing & Development Advisor with Stirling Properties, handled the lease transactions on behalf of the landlord.
Hammond Square is Tangipahoa Parish’s premier shopping destination, located on approximately 100 acres at the northwest corner of Interstate 12 and US Highway 51 Business (SW Railroad Avenue) in Hammond, Louisiana. It is the 2nd largest open-air center in Louisiana, encompassing over 852,000-square-feet of more than 40 national and local retailers, shops and restaurants, including Dillard’s, Target, The Home Depot, JCPenney, Academy Sports+Outdoors, Best Buy, T.J.Maxx, ULTA Beauty, Books-A-Million and AMC Theatres. Stirling Properties redeveloped Hammond Square and currently manages and leases the center.
For more information on Hammond Square, visit www.hammondsquare.com or facebook.com/hammondsquare. For leasing and sales information, contact Rhonda Sharkawy at (504) 620-8145 or rsharkawy@stirlingprop.com.
Stirling Properties Announces Grand Opening of Chipotle at Hammond Square in Hammond, Louisiana
Shopping center nearing completion of multi-tenant retail redevelopment project.
Stirling Properties announces Chipotle Mexican Grill will celebrate its grand opening at Hammond Square shopping center on Thursday, August 27th. An official (socially distanced) grand opening and ribbon-cutting ceremony will be held in partnership with the Greater Hammond Chamber of Commerce.
The new fast-casual restaurant specializes in build-your-own tacos, burritos, salads and bowls, and will feature a Chipotlane, the brand’s drive-thru mobile/digital order pick-up lane, where customers can retrieve pre-placed orders without leaving their car. Chipotle will be located on Hammond Square Drive near the entrance to the shopping center.
Five Guys restaurant will also occupy 2,450 square feet of space right next door to Chipotle and is expected to open in early October of this year.
Stirling Properties commercial real estate company is nearing completion on the $15 million multi-tenant redevelopment project at Hammond Square. Demolition of the former Sears and Rite Aid buildings was completed last year to make way for the new retailers.
Five Below and PetSmart opened in the shopping center earlier this year. Michaels, HomeGoods and Walk-On’s Sports Bistreaux are also expected to join the tenant lineup with projected opening dates to be announced.
Rhonda Sharkawy, Senior Retail Leasing & Development Advisor with Stirling Properties, handled the lease transactions on behalf of the landlord.
Hammond Square is Tangipahoa Parish’s premier shopping destination, located on approximately 100 acres at the northwest corner of Interstate 12 and US Highway 51 Business (SW Railroad Avenue) in Hammond, Louisiana. It is the 2nd largest open-air center in Louisiana encompassing over 852,000-square-feet of more than 40 national and local retailers, shops and restaurants, including Dillard’s, Target, The Home Depot, JCPenney, Academy Sports+Outdoors, Best Buy, T.J.Maxx, ULTA Beauty, Books-A-Million and AMC Theatres. Stirling Properties redeveloped Hammond Square and currently manages and leases the center.
For more information on Hammond Square, visit www.hammondsquare.com or facebook.com/hammondsquare. For leasing and sales information, contact Rhonda Sharkawy at (504) 620-8145 or rsharkawy@stirlingprop.com.
