Sterling United Properties II, L.P. managed by Sterling Organization acquired Riverfront Plaza from Regency Centers Corporation and others.
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.