Stirling Properties Awarded Management & Brokerage Assignment for BB&T Building in Foley, AL
Renovations & exterior updates planned for the office/retail space.
Stirling Properties commercial real estate company was recently awarded the exclusive property management and brokerage assignment for the BB&T Building located at 200 West Laurel Avenue in Foley, AL.
The 21,403-square-foot building is positioned in downtown Foley’s historic business district, one block west of the intersection of Highway 59 and Highway 98. It is anchored by BB&T Bank.
Stirling Properties is working with the property owner on renovations to the building, including modifications and modernization of the interior to convert the former bank lobby into a flexible work/event space. It is anticipated that the second-floor former bank office will be a single office user or divided into smaller office suites. Other plans include the redesign of the landscaped area facing the intersection of West Laurel and South Alston Streets to create an outdoor plaza with seating.
Stirling Properties’ commercial advisors Amanda Goldman and Jason Scott are the leasing agents for the property and are working to fill the remaining office and retail space. Approximately 16,000 square feet of space is available for lease on the upper and lower levels.
“We are thrilled to be involved in the management and leasing of the BB&T Building. It’s a beautiful property offering prime commercial space in a high-growth area of Foley,” said Goldman. “This building will continue to play a vital role in downtown Foley’s live, work, play environment. Stay tuned for updates on renovations and the upcoming open-house to be announced soon.”
Stirling Properties is located at One St. Louis Centre, 1 St. Louis Street, Suite 4100 in Mobile, Alabama, and 220 West Garden St., Suite 802 in Pensacola, Florida. The company manages more than 20 million square feet of commercial property across the Gulf South region, including office, retail, industrial, medical, multifamily and mixed-use real estate assets.
For leasing information, contact Amanda Goldman at agoldman@stirlingprop.com / 251-375-2490 or Jason Scott at jscott@stirlingprop.com / 850-418-6792.
For asset & property management information, contact Robin Hayles at rhayles@stirlingprop.com or (251) 342-7229.
Culver’s Restaurants Coming To Alabama
1st location currently under construction in Foley
Image credit: www.culvers.com
Stirling Properties is pleased to welcome the 1st Culver’s restaurant to Foley, AL.
Culver’s franchisee Curtis Herbig recently closed on the acquisition of a 1-acre parcel of land located at 3201 South McKenzie Street in Foley for construction of the restaurant. Work on the site has commenced, and the projected opening date is anticipated for early November of 2018. Andrew Dickman, Sales & Leasing Executive with Stirling Properties, worked with Culver’s to secure the property.
“Culver’s is thrilled to open our first restaurant location in Alabama—and to introduce the market to our signature frozen custard and ButterBurgers, among our numerous other delicious menu offerings,” said Herbig. “Culver’s has a long history of commitment and engagement in the communities that we serve, and we look forward to getting to know our new neighbors and extending our Culver’s family.”
“Stirling Properties is proud to finally welcome Culver’s to Alabama,” said Dickman. “This deal truly demonstrates the strength of our local economy and reiterates the attractive qualities that our market has to offer businesses. Culver’s is an exciting restaurant addition that area residents and visitors alike will enjoy for many years to come.”
According to an announcement from Culver’s, other restaurants are in the planning stages for Alabama, however specific locations and timelines have not been determined.
Midwest-based Culver’s is an expanding fast-casual franchise chain with over 660 independently owned and operated restaurants in 24 states. Alabama will be the chain’s 25th. Signature menu items include the ButterBurger®, (from the lightly buttered bun) made from fresh, never frozen U.S. beef, and fresh Frozen Custard, including the famous Flavor of the Day program. The restaurants’ award-winning customer service is based on small-town, Midwestern values, genuine friendliness and an unwavering commitment to quality and cleanliness.
