Shreveport-Bossier City Retail Market Survey
Stirling Properties is pleased to present the first semi-annual Shreveport-Bossier City Retail Survey. This report, compiled by Stacy Odom and Karen Hannigan, Broker Associates of our Shreveport office, is intended to give the reader a broad understanding of the market as well as specific information about the available square footage, occupancy and rental rates of each retail center greater than twenty thousand (20,000) square feet. It was created to be a resource for agents as well as tenants, landlords, developers, lenders, fellow brokers and anyone else looking for information about the Shreveport-Bossier City retail market.
In compiling this mid-year 2015 retail survey, it was noted that vacancy rates on existing inventory are falling, lease rates are increasing and retail investment sales are in high demand. Overall market rates are increasing due to new product and lack of second generation space, as well as many new restaurant and service concepts entering the market to take advantage of co-tenancy opportunities. The majority of retail growth is still occurring in South Shreveport and North Bossier, adding to the market’s most heavily concentrated and demanded retail areas. Phase I of the three new Community Center developments will be predominantly pre-leased before opening. It will be interesting to see if the high demand for retail growth continues and if, as a result, the additional, future phases of these developments will come to fruition.
Please click here to view and download the PDF of the complete Shreveport-Bossier City Retail Survey.
Stirling Properties Awarded Property & Construction Management & Office Leasing Contract for Louisiana Boardwalk
Stirling Properties has been awarded a contract to provide comprehensive property and construction management and office leasing services for Louisiana Boardwalk, a 562,250 square foot retail/mixed-use development on the waterfront of Bossier City, Louisiana. Garrison Investment Group of New York recently acquired Louisiana Boardwalk and will relaunch the retail center as The Outlets at Louisiana Boardwalk.
The Louisiana Boardwalk was developed along the Red River, directly across from Shreveport. The twin cities of Shreveport and Bossier City, the state’s third largest market, hosts a bustling convention center, numerous casinos and hotels, which draw over 11 million visitors each year.
Opened in 2005, the project is anchored by the only Bass Pro Shop within a 3 ½-hour drive. A strong mix of outlet retail brands and soft goods retail stores, additional entertainment venues and several restaurants complement the anchors.
The development features approximately 69,000 square feet of 2nd story office space, and a high performing Marriott Courtyard Hotel. The Margaritaville Hotel and Casino will open this summer, adding 400 hotel rooms and a significant additional draw to the project.
For information about office leasing opportunities available, contact Stacy Odom at sodom@stirlingprop.com or Karen Hannigan at khannigan@stirlingprop.com or call 318-797-4393.
For more information about Stirling Properties’ management services, please contact Donna Taylor at 985-246-3758 or via email at dtaylor@stirlingprop.com.
About Garrison Investment Group
Garrison Investment Group is an asset based investor with more than 60 years of experience in shopping center acquisitions, development, leasing and asset management. Headquartered in New York City, Garrison owns a total of 38 shopping centers comprising 8.2 million square feet of leasable space in regional malls, lifestyle centers and neighborhood community shopping centers across 12 states. For more information, please visit www.garrisonretail.com.
Market Research Updates – Rankings and Market Snapshots
Check out all the latest Market Research available from Stirling Properties.
- State of Louisiana
- Greater New Orleans
- Greater Baton Rouge
- Acadiana Market / Lafayette
- North & Central Louisiana
- Houma & Morgan City
- Lake Charles Metro
- Mississippi & Gulf Coast
- New Orleans Southshore
- New Orleans Northshore
- Baton Rouge Metro
- Acadiana Market / Lafayette
- Shreveport / Bossier City
- Mississippi Gulf Coast
For additional market information, contact one of our agents today.
Photos from Stirling Properties’ Open House at New Office in American Tower in Shreveport CBD
For commercial real estate needs in north Louisiana contact Stirling Properties at our new Shreveport office located at 401 Market Street, Suite 160 on the ground floor of American Tower, or call (318) 797-4393.
Stirling Properties Contributes $20,000 to Providence House
(L to R) Pictured from Providence House are Board Members Grady Morrison and Dr. Susan Seiler-Smith, Executive Director Simone Hennessee and Board President Denee' Locke; from Stirling Properties are President and CEO Marty Mayer, Associate Broker Keitha Avant Marcotte and Bill McFadden, Regional Manager of North Louisiana
SHREVEPORT, LOUISIANA (FEBRUARY 6, 2012) – Stirling Properties presented $20,000 to Providence House, a non-profit organization located on 814 Cotton Street in Shreveport, LA. The donation will help meet the needs of individuals, families and children who are homeless or suffer from abuse.
Providence House has been working in the trenches for more than 20 years, providing a program that teaches families how to live self-sufficient, independent lives. Each family that completes the Providence House program is equipped with everything they need to break the cycle of homelessness. In 2009, Providence House added two new programs–a Domestic Violence Safe House program to provide safe shelter to victims of domestic violence and their children, and a Sexual Assault Hospital Advocacy program to ensure that victims of sexual assault receive the care and information they need in order to make informed decisions as they begin to heal from such a traumatic event. Providence House is the largest transitional and domestic shelter for homeless families and children in Louisiana, and 89% of families who graduate from the program remain successful.
Marty Mayer, President and CEO of Stirling Properties stated, “In a world where there are individuals and families who don’t have a place to call home, it is important to have organizations like Providence House in which to turn. It is their efforts that have helped change the face of homelessness in northwestern Louisiana and we are proud to donate $20,000 to this worthy cause.”
“We are serving 100 families everyday, which is more families than ever before”, said Simone Hennessee, Providence House Executive Director. “Providence House truly is a community project, and we are grateful to Stirling Properties for their support.”
Stirling Properties is committed not only to serving the Shreveport/Bossier area with first class commercial real estate services, but desires to make the community in which we live and work better for the next generation. Each year the Providence House Program transforms 20-25 formerly homeless families into empowered members of the community. It is this success that inspired Stirling Properties to make a donation.
For more information about Providence House email information@theprovidencehouse.com, call (318) 221-7887 Monday through Friday between 8am and 5pm or go their website: www.theprovidencehouse.com. You can also connect with Providence House via social media on Facebook, twitter, or YouTube.
