Stirling Properties’ Beezie Landry Crushes September, Closes on $38 Million In Sales

by • October 10, 2014 • Awards & Recognition, InvestmentComments (1)2280

Photo from StirlingProperties.com

Photo from StirlingProperties.com

Stirling Properties’ Beezie Landry, Senior Sales and Leasing Executive, absolutely crushed it in September, closing on the sale of five investment properties totaling over $38 million. In each of these transactions, Mr. Landry represented the Seller.

“Year to date Beezie has closed on approximately $60 million in Investment Sales representing both Buyers and Sellers,” stated Chris Abadie, Vice President and Manager of Commercial Brokerage at Stirling Properties. “The clients he has represented have been publicly traded REITs as well as private investor groups on deals that include single tenant, ground leases and multi-tenant grocery anchored shopping centers.”

Beezie closed the following deals:

Two single tenant Rouses Markets

2851 Belle Chasse Highway, Gretna, LA– 57,644 SF
Buyer: Rouses Market
Seller: Private New York based investor

50 Park Place, Covington, LA – 57,206 SF
Buyer: Rouse / Kingsmill, L.L.C.
Seller: Private New York based investor

Westwood Village
Southwest Corner of West Congress Street and Bertrand Drive, Lafayette, LA– 138,034 SF
Co-Listed with Charles Cornay, Senior Sales Executive for Stirling Properties
Multi-tenant grocery anchored shopping center
Anchor Tenants: Rouses Market, CVS, and Stage
Buyer: Private Lafayette based investor completing a 1031 exchange
Seller: Weingarten Realty Investors

Single Tenant Walgreens
2001 Carol Sue Avenue, Gretna, LA– 17,238 SF
Developed and sold by Stirling Properties
Brand new 25 year deal
Sold at a cap rate of 5.55%
Executed contract to closing was only 26 days
Buyer: Realty Income Corporation
Seller: Private Investor Group led by Stirling Properties

Winn Dixie
804 West Oak Street, Amite, LA– 49,771 SF
Winn Dixie recently renewed lease for 10 years
Executed contract to closing was only 22 days
Buyer: American Realty Capital Properties
Seller: Southland-Amite WD (a Chicago based investor)

 

 

Pin It

Related Posts

One Response to Stirling Properties’ Beezie Landry Crushes September, Closes on $38 Million In Sales

  1. […] Properties’ Beezie Landry, Senior Sales and Leasing Executive, coming off a ridiculously fantastic September where he closed $38 million in sales, had another monster month – closing three deals for $15 […]

Leave a Reply

Your email address will not be published. Required fields are marked *