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Sterling Organization Acquires 94,550 sq. ft. Grocery-Anchored Shopping Center in Sewell, NJ (Philadelphia MSA). The property is located approximately 14 miles from downtown Philadelphia.
January 07, 2021 12:42 ET | Source: Sterling Organization Sterling Organization Palm Beach, Florida, UNITED STATES
West Palm Beach, FL, Jan. 07, 2021 (GLOBE NEWSWIRE) Sterling Organization, a vertically integrated private equity real estate investment firm, has announced the acquisition of Mill Pond Village, a grocery-anchored property located in Sewell, NJ, an affluent suburb approximately 14 miles from downtown Philadelphia. The property was purchased on behalf of Sterling Organization’s institutional Fund, Sterling United Properties II, LP (“SUP II”), from EDENS. Jim Galbally, Chris Munley and Colin Behr of JLL brokered the transaction.