Sterling United Properties II, L.P. managed by Sterling Organization acquired Riverfront Plaza from Regency Centers Corporation (NasdaqGS:REG) and others on May 27, 2022. In a related transaction Sterling Organization acquired The Grove. The combined purchase price was $113.75 million. Jose Cruz, Kevin O'Hearn, Steve Simonelli, Michael Oliver and Grace Braverman of JLL marketed the property on behalf of Regency Centers Corporation (Nasdaq: REG) and a separate account client advised by LaSalle Investment Management.

Sterling United Properties II, L.P. managed by Sterling Organization completed the acquisition of Riverfront Plaza from from Regency Centers Corporation (NasdaqGS:REG) and others on May 27, 2022.