Stirling Properties and CBL & Associates Properties, Inc. Officially Announce New Stores Coming to Fremaux Town Center
Stirling Properties and CBL & Associates Properties, Inc. (NYSE: CBL) officially announce the addition of four new tenants to Phase I of Fremaux Town Center in Slidell, Louisiana. Phase I is approximately 350,000 square feet anchored by Kohl’s, Dick’s Sporting Goods, Best Buy, T.J.Maxx, and Michaels. Construction is moving along as scheduled with a grand opening scheduled for March 2014.
Joining the previously announced tenants are:
- Verizon Wireless, the first national wireless provider in the United States to build and operate a large-scale 4G LTE network, the most advanced wireless network technology available, with speeds up to 10 times faster than 3G.
- Mattress Direct, a specialty retailer of foam, Serta and Tempur-Pedic mattresses.
- Bellagio Nail Spa, a luxury nail care salon committed to providing you the highest standard in salon services, offering manicures, pedicures, waxing and more.
- Anna’s Linens, one of the largest retailers of home textiles and home decor items.
The Developer also recently closed on the sale of 1.13 acres at $19.00 per square foot to the ownership of Panera Bread for its Fremaux Town Center location and scheduled to open April 2014. Once complete, the 80+ acre Fremaux Town Center will consist of two phases. Phase II will include up to 320,000 square feet of additional retail space anchored by Dillard’s and is scheduled to open in Spring 2015.
For leasing information, please contact Ryan Pecot by telephone at 337.572.0246 or by email at rpecot@stirlingprop.com or Rodney Gordon by telephone at 423.553.8704 or by email at rodney_gordon@cblproperties.com.
For information on available outparcels, please contact Ryan Pecot or Robert Snetman by telephone at 423.490.8333 or by email at robert_snetman@cblproperties.com
Stirling Properties’ Ryan Juneau Earns ICSC Designation
Stirling Properties is pleased to announce that Ryan Juneau, Project Manager, is now an International Council of Shopping Centers (ICSC) Certified professional. Mr. Juneau is now an ICSC Certified Development, Design and Construction Professional (CDP).
ICSC estimates that less than 10% of industry professionals have achieved this important status, setting Mr. Juneau, as well as Stirling Properties, apart from the rest.
With over 6,000 designees in 55 countries, and nearly 500 of who are CDPs, ICSC certification programs are a mark of excellence. Certifications focus on raising industry professional standards worldwide and give special recognition to shopping center professionals who demonstrate the highest levels of competency in their industry through professional education, experience, ethics, and by passing a rigorous examination.
Stirling Properties Expands Retail & Service Options at River Chase Shopping Center in Covington, LA
Stirling Properties announces a 9,000 SF expansion to River Chase Shopping Center in Covington, Louisiana. Construction recently commenced on the 2-tenant building that will be the future home to Men’s Wearhouse and Bellagio Salon & Spa. Located next to Region’s Bank, both stores will open summer of 2014.
Men’s Wearhouse is one of North America’s largest specialty retailers of men’s apparel, carrying a full selection of suits, sport coats, furnishings and accessories. They are expanding within the center from 1,400 SF to 5,000 SF.
Bellagio Salon & Spa is a regional operator offering quality high-end salon & spa services at affordable prices. Bellagio specializes in facials, full body massages, haircuts, styling & coloring, nails, make-up, permanent make-up, eyelash extensions and waxing.
For more information regarding in-line leasing and outparcel opportunities, contact Rhonda Sharkawy, Senior Retail Leasing & Development Executive for Stirling Properties at rsharkawy@stirlingprop.com or call 504.620.8145.
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.
Fremaux Town Center – November Update
Fremaux Town Center – As of November 18, 2013
Fremaux Town Center is really starting to take shape! Exterior color finishes are being added to the buildings and the Shopping Center’s pylon is rising from its base. The parking field is defined with asphalt, and the lot lighting and landscaping are being installed. The interior work on the specific tenant build-out requirements is taking shape and several tenant contractors will be on site starting in late December.
We are pushing for a March 2014 grand opening for Phase I with the majority of tenants opening by that time, so the next few months will be busy with even more construction. Stay tuned for more updates!
New Tenants Now Open at Hammond Square, Just in Time for the Holidays
Stirling Properties, Developer and Property Manager of Hammond Square, is pleased to announce the addition of three new tenants to Hammond Square. Justice, Shane’s Rib Shack and Popcorn Bistro all opened this month and are located on Palace Drive.
Justice, a leading national retailer of preteen girl’s fashion, will occupy 3,150 square feet.
Shane’s Rib Shack, known for its slow-cooked ribs, hand-chopped chicken and pork, and many southern sides, occupies 2,810 square feet.
Popcorn Bistro, a gourmet popcorn store offering 153 flavors that are made fresh daily and made with 100% all natural ingredients, occupies 1,200 square feet. Hammond Square is their 2nd Northshore location.
“We are excited to welcome our new tenants,” said Amy Allen, Property Manager for Stirling Properties. “With Holiday Shopping right around the corner, we are glad to expand the offerings at Hammond Square for the residents of Tangipahoa Parish.”
For more information regarding leasing and sales opportunities at Hammond Square, please contact Rhonda Sharkawy at rsharkawy@stirlingprop.com or 504-620-8145.
