Steven Serio Represents Stirling in Sale of Magnolia Marketplace Anchor Tract

Fishman Haygood Partner Steven Serio recently represented longtime firm client Stirling in the sale of the anchor tract of Magnolia Marketplace, a 115,281-square-foot commercial shopping center in New Orleans. The firm has counseled the full-service commercial real estate company, as well as its affiliates, in numerous transactions involving the acquisitions and sales of commercial, office, industrial, and multifamily developments across the Gulf South.

Fishman Haygood attorneys, including Steven, first represented Stirling in the development of the Magnolia Marketplace project in 2013. Opened in 2015, the shopping center remains fully leased by national retailers.

According to data from CoStar Group, the deal marks the highest sales price for a retail property sold within the Mid-City/Central City submarket within the last 10 years.

Our attorneys have been involved in numerous landmark real estate transactions in the areas of commercial developments, commercial and industrial leasing, acquisitions, project finance and syndicated financings.

Learn more about the firm’s Real Estate Practice here.