Acquisitions
![acq2](https://www.sterlingorganization.com/wp-content/uploads/2019/11/acq2.jpg)
![2021-03-SVAPIII-Market-Activity-Map](https://www.sterlingorganization.com/wp-content/uploads/2022/03/2021-03-SVAPIII-Market-Activity-Map-1.png)
Value Add
More than $400 million of buying power
Sterling has more than $400 million of buying power through its current Fund, Sterling Value Add Partners III (“SVAP III”). The characteristics we seek in our targeted Value-Add Retail real estate investments include:
- Major market MSAs
- In-fill locations, 75,000 people in 3-mile radius
- Potential for significant income growth
- Real estate fundamentals more important than credit of tenants
- Below market rents
- Redevelopment opportunities
- Unique opportunities
- Loan originations and/or workouts
- Deal size: $10 million to $1 billion
- Individual deals and/or portfolios
Core/Stabilized
More than $400 million of buying power
Sterling has more than $400 million of buying power through its current Fund, Sterling United Properties II (“SUP II”). The characteristics we seek in our targeted stabilized grocery-anchored real estate investments include:
- Core/stabilized grocery-anchored shopping centers
- In select major MSAs where grocer is No. 1 or No. 2 of pure grocers from a market share perspective
- Primary MSAs (Top 50)
- Stable, predictable cash flow/anchors have solid sales with reasonable health ratios
- 90%+- occupancy
- Deal size: $10 million to $250 million
- Individual deals and/or portfolios
![acq3](https://www.sterlingorganization.com/wp-content/uploads/2019/11/acq3.jpg)
![2022-03-SUP-II-Market-Activity-Map-Web](https://www.sterlingorganization.com/wp-content/uploads/2022/03/2022-03-SUP-II-Market-Activity-Map-Web-2.png)
![sterling-logistics-properties](https://www.sterlingorganization.com/wp-content/uploads/2023/10/sterling-logistics-properties.jpg)
![2023-10-SCLP-I-Market-Activity-Map-Web3](https://www.sterlingorganization.com/wp-content/uploads/2023/11/2023-10-SCLP-I-Market-Activity-Map-Web3.png)
Logsitics
More than $250 million of buying power
Sterling has more than $250 million of buying power through its current Fund, Sterling Consumer Logistic Properties I (“SCLP I”). The characteristics we seek in our targeted LAST HOUR® Logistics real estate investments include:
- Primarily Major Coastal MSAs
- Vacant retail buildings not less than 50K square feet
- Deal size: $5 million to $100 million
- Individual deals and/or portfolios