Sterling Organization
Sterling Organization Buys Dallas-Area Retail Center
With the acquisition of Town Center Colleyville, the company owns some 11 million square feet nationwide.
San Diego-Area Retail Center Commands $27M
After 12 years of ownership, Greenstreet Partners sold Poway Crossings, a 109,455-square-foot community shopping center in Poway, Calif. HFF facilitated the deal on behalf of the seller.
San Diego-Area Shopping Center Changes Hands
Greenstreet Partners sold Poway Crossings for $27 million. The 109,455-square-foot retail center was 80 percent occupied at the time of the transaction.
Sterling Organization Sells FL Shopping Center for $38M
The company sold Pembroke Place, a 158,800-square-foot, grocery-anchored property in metropolitan Fort Lauderdale, to Longpoint Realty. A CBRE team acted on behalf of the seller.
InvenTrust Buys 2 Orlando-Area Retail Centers for $64M
Located across the street from each other in Winter Park, Fla., Lakeside Winter Park and Lakeside Crossing total 76,000 square feet.
MN Retail Center Lands Financing
The borrower will use the three-year, floating-rate loan secured by HFF to redevelop the 137,000-square-foot retail center, which is anchored by Cub Foods.
Mission Capital Arranges $13M Loan for Chicago Retail Asset
The owner, an affiliate of the Sterling Organization, will use the financing to recapitalize the vacant property, which is part of the Magnificent Mile.
Sterling Sells Metro Orlando Mall for $73M
AEW Capital Management is the new owner of the Center of Winter Park, which had been extensively renovated and re-tenanted over the past five years.
Sterling Org. Closes Fund With $495M in Commitments
With leverage, Sterling Value Add Partners III has roughly $1.3 billion in purchasing power, which will be aimed at retail centers nationwide.
Kimco Trades Atlanta-Area Retail Asset
The shopping center, built in the city’s northeast suburbs in 1991, includes nearly 75,000 square feet. A 62,000-square-foot Kroger anchors the property.
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