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Sterling Organization is interested in acquiring the following types of properties:

1) Value Add

Sterling has $1 billion of buying power through its current fund Sterling Value Add Partners II ("SVAP II"). The characteristics we seek in our targeted Value-Add Retail real estate investments include:

  • Major market MSAs (see illustration at right)
  • Infill locations with 75,000 people within a 3 mile radius
  • Potential for significant income growth
  • Real estate fundamentals are more important than credit of tenants
  • Below market rents
  • Redevelopment opportunities
  • Deal size: $10 million to $1 billion
  • Individual deals and/or portfolios

> Download Value-Add Retail Acquisitions Criteria Sheet

 

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