Today, CBL
& Associates Properties, Inc. (NYSE: CBL) and Stirling
Properties celebrated the Grand Opening of Phase II of Fremaux Town
Center in Slidell, Louisiana. This second phase of construction adds
283,000 square feet to the existing shopping center and is anchored by
Dillard’s. The rest of Phase II expansion is already 86% leased.
“We’re excited to join Stirling Properties to celebrate the opening of
phase two of Fremaux Town Center,” said Michael Lebovitz, Executive Vice
President, Development and Administration of CBL & Associates
Properties, Inc. “The expansion of this thriving retail complex has
allowed us to add even more great retail and restaurant options that
will further solidify Fremaux Town Center as the premier regional
shopping destination.”
“We are thrilled to celebrate the opening of this second phase of
Fremaux Town Center. Phase II complements the existing tenants in the
first phase and is another big part of growing the overall development,”
stated Stirling Properties’ Senior Vice President of Development,
Townsend Underhill. “Fremaux Town Center offers a one-of-a-kind retail
experience in the City of Slidell and Eastern St. Tammany Parish, with
many of the retailers and restaurants to date that are new to the
Northshore.”
Today’s festivities included a ceremonial ribbon cutting, the Marine
Corps Band of New Orleans and special guests Mayor Freddy Drennan, St.
Tammany Parish President Pat Brister, and City of Slidell Council
Members. “We are thrilled to have such a beautiful development in our
City,” said Slidell Mayor Freddy Drennan. “I know our citizens are
excited about the opening of Fremaux Town Center. I would like to thank
Stirling Properties and CBL & Associates for all their efforts in
bringing this development to Slidell, and we look forward to developing
the remaining 400 acres.”
Fremaux Town Center is located on more than 80 acres at the southwest
corner of Interstate 10 and Fremaux Avenue in Slidell, LA. Slidell is
the largest municipality in St. Tammany Parish on the northern shore of
Lake Pontchartrain near the city of New Orleans. The first phase of
construction for Fremaux Town Center included 350,000 square feet of
retail and is currently 98% leased and thriving. With its interstate
location and high visibility, Fremaux Town Center is expected to become
a regional destination. “The expansion of this Town Center represents
many economic opportunities for the citizens of Slidell and the whole of
St. Tammany Parish,” added Pat Brister. “Just as the first phase offered
job opportunities and retail options to the consumer, not just in St.
Tammany, but in the surrounding region, this phase will build upon that
momentum.”
Tenants Opening in October:
Dillard’s, Off Broadway Shoes, Forever21, Victoria’s Secret, Buckle,
Charlotte Russe, LOFT, Red Robin, Bath & Body Works, Torrid, Journey’s,
Zales, Luxe 83, Which Wich, Claire’s, Francesca’s.
Tenants Opening Soon: Pier 1
Imports, Capital One, Chico’s, Aveda, Goodyear, Tesla Motors – Charging
Stations.
For leasing information, please contact Ryan Pecot at 337.572.0246 or rpecot@stirlingprop.com;
Rodney Gordon at 423.553.8704 or Rodney.Gordon@cblproperties.com
or Tim Gilmore at 423.490.8358 or Tim.Gilmore@cblproperties.com.
For information on land surrounding Fremaux Town Center, please contact
Dan Tate at 504.620.8132 or dtate@stirlingprop.com.
About Stirling Properties
Celebrating 40 years, Stirling Properties is one of the most diversified
full-service commercial real estate companies in the country. Regionally
focused and nationally acclaimed, we utilize a comprehensive set of
resources and rely on a team of trusted experts in Brokerage Services,
Development and Redevelopment, Acquisitions and Investments, and
Property and Asset Management over a wide array of property types to
deliver long-term value to our clients across the Gulf South. With
offices located in Jackson, Mississippi; Mobile, Alabama; Pensacola,
Florida; Baton Rouge, Lafayette, New Orleans, Metairie, Covington,
Hammond, and Shreveport/Bossier City in Louisiana, Stirling Properties
is one of the largest real estate firms in the Gulf South. Connect with
Stirling Properties on the web at www.stirlingproperties.com,
“like” us on facebook.com/stirlingproperties,
follow us @StirlingProp on twitter.com/StirlingProp
or subscribe to our Stirling
Insights blog.
About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of malls
and shopping centers in the United States. CBL owns, holds interests in
or manages 147 properties, including 90 regional malls/open-air centers.
The properties are located in 30 states and total 84.0 million square
feet including 6.5 million square feet of non-owned shopping centers
managed for third parties. Headquartered in Chattanooga, TN, CBL has
regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St.
Louis, MO. Additional information can be found at cblproperties.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151015006123/en/
Copyright Business Wire 2015