Stirling Properties and CBL & Associates Properties, Inc. announced today a joint venture to develop the Ambassador Town Center in Lafayette. The approximately 58-acre site is located at the corner of Ambassador Caffery Parkway and Kaliste Saloom Road and will be 439,638 sf. Construction is set to begin this month, with a projected opening for the center of March 2016.

Larry Rabin, Director of Corporate Realty’s Retail Division, represented tenants who leased 157,169 sf of the center including a Dick’s/Field Stream combo store which leased 100,019 sf, a Marshall’s/HomeGoods combo store which leased 45,000 sf and PetSmart which leased 12,150 sf. Larry and Senior Sales Associate Jonathan Fawer also represented Costco in a deal for 153,973 sf in the center. Larry and Jonathan are responsible for having leased 311,142 square feet or 71% of the 439,638 center.

For more information about how Larry and Jonathan can help you achieve your retail real estate goals, please call them at 504.581.5005.