Stirling Properties and Dorsey Development Announce New Tenants At Gentilly Retail Center In New Orleans
Stirling Properties and Dorsey Development announce new retail and restaurant tenants at the newly developed Gentilly Retail Center in New Orleans, Louisiana.
- Dollar Tree, a popular discount retail chain that sells items for $1 or less, will occupy 10,000 square feet.
- rue21 specialty discount retailer of young men and women’s casual apparel and accessories will occupy 6,917 square feet.
- Footaction national athletic footwear and apparel retailer will occupy 4,847 square feet.
- Kids Footlocker, offering kids shoes and clothing, will occupy 3,500 square feet.
- LA Nails and Hair Spa will occupy 2,368 square feet.
- WingStop, aviation-themed restaurant with a focus on chicken wings, will occupy 1,800 square feet.
All of the listed tenants are expected to open in early September of 2016.
Gentilly Retail Center is a newly developed retail strip center located at 4242 Chef Menteur Highway in the Gentilly neighborhood of New Orleans East, near Walgreens and the recently opened Walmart Supercenter. The surrounding commercial corridor is supported by one of the oldest suburban residential areas in Orleans Parish, Gentilly Woods, as well as Pontchartrain Park and the Baptist Seminary. The development project is currently underway and is expected to be completed by early September of 2016.
“We are eagerly anticipating the completion of Gentilly Retail Center. With such a great mix of tenants, we expect it to be a prominent shopping destination, as well as vital economic contributor to the area’” said Paul Dorsey, III, owner of Dorsey Development.
Dorsey Development is the property owner and developer. Dorsey Development is an integrated (development & construction) commercial real estate company located in New Orleans doing business in the Gulf South—having developed over 1.2 million square feet of retail for national retailers such as: Dollar General, Langenstein’s, Planet Fitness, Whitney Bank, Sav-A-Lot, Stage, Cato Corporation, Shoe Show, Napa Auto Parts, Citi Trends, Subway, Pizza Hut and others.
Dorsey purchased the property in 2015 from Lanasa Center Inc., represented by broker Jennifer Lanasa Evans of JLE & Associates.
Stirling Properties Sales and Leasing Executive, Joe Gardner, worked with Dorsey Development to bring the tenancy together, and the shopping center to life.
“Stirling Properties is proud to work with Dorsey Development in bringing quality restaurant and retail tenants to Gentilly Retail Center, and this growing marketplace. It’s been exciting to watch it all come together,” said Gardner. “We look forward to perpetuating and providing greater shopping and dining options for the area in the future.”
Stirling Properties has been at the forefront of commercial real estate management, investment and development in the greater New Orleans area and surrounding Southeast Louisiana region. Stirling Properties currently has more than 99 million square feet of property and land for sale or lease. Other Stirling Properties management and development projects in New Orleans include, Mid-City Market, Magnolia Marketplace, River Commons and Pan American Life Center, just to name a few.
For leasing information, contact Joe Gardner at jgardner@stirlingprop.com or (504) 620-8140.
Stirling Properties Celebrates Team Members At Annual Stirling Honors Event
Stirling Properties commercial real estate company recently celebrated its 17th Annual Stirling Honors to recognize the successes and accomplishments of the Stirling Team over the past year. The Stirling Honors luncheon was held at the beautiful Civic Theatre in New Orleans. A Commercial Celebration Dinner was also held to honor Commercial Agents and to grant Commercial Production Awards at the Hotel Monteleone in New Orleans. 
Although fierce weather conditions engulfed the area, Stirling employees were treated to a day of fellowship, food and festivities. A flash-mob dance troupe from Dancing Grounds kicked off the morning with high-energy and excitement. Sonny Lee, Founder and President of Son of a Saint nonprofit organization, delivered the keynote speech and renowned New Orleans musicians, Tanya & Dorise, closed out the event. Marty Mayer, Stirling Properties President & CEO, served as the event host and emcee, and discussed the importance of seizing opportunities within the industry. OPPORTUNITY remained the overarching theme of the day, inspired by the famous quote from basketball coaching legend, John Wooden: “When opportunity comes, it’s too late to prepare.” 
Commercial Award recipients received recognition for Bronze, Silver, Platinum, Diamond and Ruby production levels based on individual Adjusted Gross Commission figures for 2015. Special recognition was given to Rhonda Sharkawy, Senior Retail Leasing and Development Executive in New Orleans, for being the Top Commercial Agent in 2015!
COMMERCIAL DIVISION AWARDS
Ruby Award 2015:
Emerald Award 2015:
Diamond Award 2015:
Platinum Award 2015:
Gold Award 2015:
Silver Award 2015:
Bronze Award 2015:
Also recognized were employees and agents who achieved special anniversaries with the company. Service Awards were given to 5, 10, 15 and 20-year milestones.
SERVICE AWARDS
5 Years of Service Ed Moore – Covington, LA Office Ryan Murphy – Covington, LA Office John Reynolds – Covington, LA Office Mike Washburn – Covington, LA Office Jimmy Gomez – New Orleans, LA Office Gregory Gautreaux – New Orleans, LA Office Nancy Rome – New Orleans, LA Office Joseph Kimble – New Orleans, LA Office Solomon Lewis – New Orleans, LA Office 10 Years of Service Marcia McGarrity – Covington, LA Office Laura Wallace – Covington, LA Office Dick Cyr – Covington, LA Office 15 Years of Service Lynn Blanchard – Baton Rouge, LA Office Tina Crouchet – Covington, LA Office Chris Abadie – Covington, LA Office Elizabeth Schmelling – Covington, LA Office Beezie Landry – Covington, LA Office Nancy Stallings Dischler – Covington, LA Office 20 Years of Service Lee de la Houssaye – Covington, LA Office
Stirling Properties Announces New Real Estate Transactions In South Alabama
Stirling Properties commercial real estate company is pleased to announce new transactions in Orange Beach, Mobile and Spanish Fort, Alabama.
- Cowgirls Inc. restaurant and nightclub will occupy 16,000 square feet at The Wharf located at 23101 Canal Road in Orange Beach and is expected to open on March 1, 2016. Stirling Properties Broker, Jeff Barnes, handled the transaction.
- Rio Mexican Restaurant will occupy 2,987 square feet at Aircrest Plaza located at 6401 Airport Boulevard in Mobile with anticipated opening date in the spring of 2016. Stirling Properties Broker Associate, Angie McArthur, represented the tenant and Colby Herrington with Herrington Realty, Inc. represented the property owner.
- Tetra Tech engineering firm has renewed its lease for 1,675 square feet of office space at the Wells Fargo Building located at 61 St. Joseph St. in Mobile. Stirling Properties Senior Sales and Leasing Executive, Jill Meeks, handled the transaction.
- Michael Ross Jewelers will move to occupy 2,400 square feet at Hillwood Shopping Center and is expected to open in the spring of 2016. Hillwood Shopping Center, anchored by Publix Super Market, is located at 2370 Hillcrest Road in Mobile, Alabama. Stirling Properties’ Angie McArthur represented the tenant and Michael Reid with White-Spunner Realty represented the property owner.
- Doctors Diet Program, a medical weight loss company, will occupy 2,100 square feet at Eastern Shore Plaza in Spanish Fort, AL and is expected to open in the spring of 2016. This will be their 1st location in Baldwin County. Eastern Shore Plaza regional power center, anchored by Best Buy, PetSmart, Michael’s, and Ross Dress for Less, is located on the eastern shore of Mobile Bay at the northeast intersection of I-10 and State Highway 181, adjacent to Eastern Shore Centre. Angie McArthur represented both sides in the transaction.
Stirling Properties is located in One St. Louis Centre, 1 St. Louis Street, Suite 4100 in Mobile. For more information regarding our services, please visit us at www.stirlingproperties.com.
Stirling Properties Announces Recent Transactions in Mobile, Alabama
Welcomes new tenants to Bel Air Office Tower
Stirling Properties commercial real estate company announces two new tenants and one renewal at Bel Air Office Tower in Mobile, Alabama.
- Alabama Department of Revenue, occupying 26,030 square feet for a 15-year lease term, with anticipated opening date in summer of 2016.
- Bankers Life and Casualty Co., offering life insurance and retirement planning services, will occupy 4,399 square feet for a 5-year lease term and is expected to open in March 2016.
- Walker Jewelers, a fine jewelry retailer occupying 1,722 square feet, has renewed its lease for a 3-year term.
Bel Air Office Tower is located at 851 I-65 Service Road in Mobile, Alabama. Stirling Properties worked on behalf of the owner in cooperation with Cushman & Wakefield/EGS Commercial Real Estate for all of the listed transactions. For more information, please contact Jason Scott, Senior Sales and Leasing Executive with Stirling Properties in Mobile.
Stirling Properties is located in One St. Louis Centre, 1 St. Louis Street, Suite 4100 in Mobile. For more information regarding our services, please visit us at www.stirlingproperties.com.
Coastal Revenue Sharing: A Letter to the Editor
As chairman of the Coalition for Coastal Resilience and Economy (CCRE), which was formed last year under the umbrella of Greater New Orleans, Inc. (GNO Inc.), our primary mission is to use our business led coalition to ensure that the funds earmarked for coastal restoration are used for that intended purpose. While there are many other very critical needs of the state including infrastructure, none represents the existential threat of coastal restoration.
Please click here to read letter to the editor from our CCRE group.
New Orleans Named Among 2016 Markets to Watch
At the recent Urban Land Institute (ULI) Fall Meeting held in San Francisco, the keynote speaker Andy Warren of PwC presented the Emerging Trends in Real Estate® 2016. This year’s release marks the 37th edition of the Emerging Trends in Real Estate®, which is undertaken jointly by PwC and ULI based on insights from hundreds of industry leaders.
Mr. Warren included the below slide in his presentation on the Real Estate Markets to Watch in 2016. The New Orleans region was included on that list. I have attended these meetings for many years and this is the first time that New Orleans was included in such a list. This is yet another validation of the confidence that investors are showing in our region.
