About Sterling Organization
About Us
We strive to be the most trusted investment manager for each of our partners.
Overview
Sterling Organization is a vertically integrated private equity real estate firm whose national platform is focused on investing in retail and distribution real estate assets across the risk spectrum in major markets within the United States. Sterling Organization, with offices across the nation, is headquartered in West Palm Beach, FL.
Our National Presence
Investing across the United States.
13MM+
square feet of GLA
$2B
assets under management
77
owned properties
20+
years of an established track record in real estate investing
120+
team members
7
actively managed investment funds
About Our Funds
Our national platform is currently investing in four separate and distinct strategies: (1) Value-Add retail real estate, (2) Core, Grocery-anchored shopping centers, (3) Core, Power Centers and (4) LAST HOUR® consumer fulfillment and distribution real estate.
Value-Add retail real estate business plans can range from leasing up vacancies to fulsome redevelopments where no less than fifty percent of any given asset value is retail. Core, Grocery-anchored shopping center portfolio investments focus on stable properties anchored by market-leading grocers that produce stable and predictable cash flow and long-term capital appreciation. Core Power Center portfolio investments focus on stable properties occupied by multiple big box and or junior anchor box tenants that produce stable and predictable cash flow and long-term capital appreciation. Our LAST HOUR® logistics investments plan seeks to opportunistically acquire, re-develop, develop, manage and amalgamate networks of Neighborhood Fulfillment Centers (“NFC”) and other LAST HOUR® fulfillment and logistics properties that will be leased to tenants for the purpose of distributing consumer goods to solve the “last mile” delivery dilemma in the retail ecosystem.
The various, yet complimentary, investment strategies provide a broad range of touchpoints with diverse counterparties (tenants, lenders, vendors, distributors, etc.) across the real estate ecosystem and enable Sterling to lever its investment and operational platforms for the benefit of our Investment Partners, customers and other stakeholders with whom we do business.
Company History
Holds final close of Sterling Value Add Partners IV (SVAP IV) with $600 million of equity commitments.
Names Bob Dake as Principal.
2024
Holds final close of Sterling Consumer Logistics Properties I (SCLP I) with $225 million of equity commitments.
Names Jordan Fried as Principal.
2022
Establishes Sterling Logistics Properties.
2021
Holds the final close of Sterling United Properties II with $267 million of equity commitments.
Surpasses 12 million square feet of retail assets under management.
2020
Holds the first close of Sterling United Properties II (SUP II).
2019
Holds final close of Sterling Value Add Partners III (SVAP III) with $498 million of equity commitments.
Surpasses 10 million square feet of retail assets under management.
2018
Holds the first close for SVAP III, targeting $450 million of equity commitments.
Surpasses 9 million square feet of retail assets under management.
2017
Holds the final close of Sterling United Properties I with $160 million of equity commitments.
Surpasses 8 million square feet of retail assets under management.
2016
Surpasses 7 million square feet of retail assets under management.
Establishes a satellite office in Los Angeles, CA.
2015
Names Adam Munder as Principal.
Establishes a satellite office in Washington, D.C., and New York City, and Atlanta, GA.
Holds the final close of SVAP II with $311 million of equity commitments.
Surpasses 6 million square feet of retail assets under management.
2014
Forms Sterling Investment Management to provide asset management services to Sterling Organization’s institutional funds.
Sterling Organization is granted status as a SEC Registered Investment Advisor.
Surpasses 5 million square feet of retail assets under management.
Holds the final close of Sterling Value Add Partners (SVAP) Fund with $138 million of equity commitments.
2012
Surpasses 4 million square feet of retail assets under management.
2011
Establishes a satellite office in Chicago, IL.
2009
Surpasses 3 million square feet of retail assets under management.
2008
Sterling Organization and Sterling Retail Services were founded by Brian Kosoy. Sterling manages more than 2 million square feet of retail assets on behalf of Sterling Organization and its partners.
Establishes offices in Palm Beach, FL; Miami, FL; Charlotte, NC; and San Antonio, TX.