Sterling Organization is interested in acquiring the following types of properties:
1) Value Add
We are targeting anchored shopping centers that have below market rents or value creation opportunity through lease up.- Greater than 50,000 square feet
- Deal size between $10-100 million
- Infill retail locations
- Population greater than 75,000 within 3 miles
- Average household income of $45,000+ within 1 or 3 miles
2) Loan Purchases
We are targeting performing and non-performing loans/notes secured by anchored shopping centers which exhibit the characteristics mentioned above.Target Markets
Miami, FL
Ft. Lauderdale, FL
West Palm Beach, FL
Orlando, FL
Tampa, FL
Jacksonville, FL
Atlanta, GA
Dallas, TX
Houston, TX
San Antonio, TX
Austin, TX
Charlotte, NC
Raleigh, NC
Chicago, IL
Los Angeles, CA
San Diego, CA
San Francisco, CA
Denver, CO
Phoenix, AZ
Las Vegas, NV
Submissions and Contact Information
Michael McCarthy
Vice President, Investments
(561) 835-1810