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Sunday, August 5, 2018

The Real Deal: Sterling sells Winter Park retail center for $72.75M after a “textbook repositioning”

 

The Real Deal's Mike Seemuth reports:

"Palm Beach-based Sterling Organization stabilized and sold an Orlando-area shopping center for $72.75 million, or $45.1 million more than its acquisition price.

A “textbook repositioning” of the shopping center more than doubled its net operating income, Brian Kosoy, managing principal, president and chief executive officer of Sterling Organization, said in a prepared statement."

Click here to read the article online >