Shreveport-Bossier City Retail Market Survey 2016 3rd Edition
Stirling Properties is pleased to present the 3rd annual Shreveport-Bossier City Retail Market 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.
All information provided in this report would not be possible without the cooperation of our staff and colleagues and we would like to thank all of those who contributed.
Shreveport-Bossier City Retail Market Survey 2016
Stirling Properties is pleased to present the 2nd annual Shreveport-Bossier City Retail Market 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.
All information provided in this report would not be possible without the cooperation of our staff and colleagues and we would like to thank all of those who contributed.
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.
