Palm Beach-based Sterling Organization, a private equity real estate investment firm, acquired a supermarket-anchored shopping center near Atlanta for $10.5 million. Sterling paid $142 per square foot for the shopping center in Lilburn, an affluent suburb about 20 miles northeast of downtown Atlanta. The 27-year-old shopping center, called Five Forks Crossing, has 73,910 square feet of retail space including a 62,000-square-foot Kroger supermarket.a The property’s inline tenants include Coast Dental, Great Clips and The UPS ... [more]