ROSWELL, GA—Palm Beach, FL-based Sterling Organization has acquired the Roswell Village Shopping Center here for $10.55 million.

The company utilized its institutional fund Sterling Value Add Partners II, LP to acquire the 145,082-square-foot shopping center in an off-market transaction. The retail center is located at the southwest corner of Highway 9 and Holcomb Bridge Road, approximately 20 miles north of downtown Atlanta. National tenants at the center include Goodyear, Pizza Hut, Jersey Mike’s Subs and Curves. The physical occupancy of the center is currently 31%, Sterling states.

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