REAL ESTATE

Stirling to develop Walgreens drug store in Metairie, La.

BY Michael Fickes

Covington, La. — Stirling Properties has announced the development of a new full-service Walgreens drug store in Metairie, La., in the Barlon Plaza Shopping Center. The new store will be a ground-up relocation of an existing Walgreens currently within the center.

At 14,000 sq. ft., the larger store will feature a drive thru window and full-service pharmacy.

Plans call for construction to begin in July with the grand opening coming in first quarter 2015. Stirling is providing pre-development services, including lease negotiation, permitting, financing, design and construction management.

As a preferred developer for the Walgreens Company in the Gulf South, Stirling Properties (www.stirlingproperties.com) recently developed and opened new Walgreens stores on Magazine Street in New Orleans, Terry Parkway in Gretna, and Pass Road in Gulfport, Miss.

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REAL ESTATE

SRS signs new associate in Atlanta

BY Michael Fickes

Dallas — SRS Real Estate Partners welcomes Logan Elder as an associate in the Atlanta office. She will focus on tenant representation.

Elder comes to SRS from Post Properties, where she handled management and leasing for multi-family developments retail and restaurant space.

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REAL ESTATE

Fresh Market, Grimaldi’s Pizzeria to WestBend in Fort Worth

BY Michael Fickes

Fort Worth, Texas — The Fresh Market and Grimaldi’s Coal Brick-Oven Pizzeria will open locations at WestBend, a mixed-use development in Fort Worth, Texas, owned by Trademark Property Co.

Scheduled to open in early 2015, The Fresh Market will occupy a 21,000-sq.-ft. space on the site of a former parking garage. Demolition of the garage has been completed, and construction will soon begin on a new 81,150-sq.-ft. building that will house The Fresh Market and a trailside café, with 57,650 sq. ft. of Class A office space above.

In addition, Grimaldi’s Pizzeria will open a 3,950-sq. –ft. restaurant with a large trailside outdoor patio in the early spring of 2015.

Since 1992, Trademark Property Co. has invested in or developed over 10 million sq. ft. of retail and mixed-use assets worth over $1.25 billion.

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