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Sterling Organization Raises $450m To Invest In Grocery-anchored Centers - Costar Group

by posted 6months ago 67 views
Park North, a 635,382-square-foot power center in San Antonio, TX, is an example of one of Sterling Organization's largest value-add plays. Sterling Organization, a private equity real estate investment management firm, exceeded its capital-raising target of $450 million by 10 percent for a fund focused on grocery-anchored shopping centers, an increasingly popular type of commercial real estate. The final closing of Sterling's fourth discretionary...