The property is situated just 12 miles south of downtown Boston and was purchased on behalf of Sterling Organization’s institutional grocery-anchored shopping center core fund, Sterling United Properties II, LP (“SUP II”), for $44.28 million.
Press Release
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Dec 21, 2021 11:00 EST
WEST PALM BEACH, Fla.,
December 21, 2021 (Newswire.com) –
Sterling Organization, a vertically integrated private equity real estate investment firm, has announced the acquisition of Tedeschi Plaza, a 174,344-square-foot grocery-anchored shopping center located in Braintree, MA. The property is situated just 12 miles south of downtown Boston and was purchased on behalf of Sterling Organization’s institutional grocery-anchored shopping center core fund, Sterling United Properties II, LP (“SUP II”), for $44.28 million.
The property is anchored by a 66,124-square-foot Stop & Shop grocery…
