Earlier this month the Sterling Organization acquired the Village Ten Shopping Center, which totals 208,127 square feet, in Coon Rapids, MN, approximately 14 miles north of Downtown Minneapolis. Earlier this month the Sterling Organization acquired the Village Ten Shopping Center, which totals 208,127 square feet, in Coon Rapids, MN, approximately 14 miles north of Downtown Minneapolis.

PALM BEACH, FL—Locally-based Sterling Organization reports it has closed its Sterling Value Add Partners III, LP with total capital commitments of $495 million. The fund exceeded its initial fundraising target of $450 million.

The SVAP III fund intends to primarily target grocery-anchored shopping centers, street retail, power centers and mixed-use properties in major markets across the United States.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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