Kosoy

Joe Dykstra Joins Sterling Organization as President of newly formed subsidiary Sterling Logistics Properties

Retrieved on: 
Friday, January 15, 2021
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West Palm Beach, FL, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Sterling Organization, a vertically integrated private equity real estate investment firm headquartered in West Palm Beach, FL, is pleased to welcome Joe Dykstra to itsleadershipteamasPresident of newly formedsubsidiarySterling Logistics Properties.

Key Points: 
  • West Palm Beach, FL, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Sterling Organization, a vertically integrated private equity real estate investment firm headquartered in West Palm Beach, FL, is pleased to welcome Joe Dykstra to itsleadershipteamasPresident of newly formedsubsidiarySterling Logistics Properties.
  • Mr. Dykstra will be responsible for the execution of both the investment strategy and the day-to-day operational performance of thefirms consumerfocusedlogisticspropertiesdivision.
  • We are pleased to welcome someone of Joes caliber to Sterling, saidBrian Kosoy, Managing Principal, President and CEO of Sterling Organization.
  • I am excited tohelplaunch the newly formed Sterling Logistics Propertiesplatform and to join the leadership team of a firm like Sterling.

Sterling Organization Acquires Remaining Parcel of Land Situated at The Epicenter of Chicago’s Loop District.

Retrieved on: 
Wednesday, December 11, 2019
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The announced closing took place on December 2, 2019, and was purchased from Foot Locker on behalf of Sterling Organizations, Sterling Value Add Partners I, LP (SVAP I) as part of a sale-leaseback transaction.

Key Points: 
  • The announced closing took place on December 2, 2019, and was purchased from Foot Locker on behalf of Sterling Organizations, Sterling Value Add Partners I, LP (SVAP I) as part of a sale-leaseback transaction.
  • Located just west of Millennium Park and Michigan Avenue, the mixed-use South State Street property is situated at the epicenter of Chicagos Loop district and represents an unparalleled and immediate repositioning opportunity.
  • said Brian Kosoy, Managing Principal, President and CEO of Sterling Organization.
  • Sterling Organization is headquartered in West Palm Beach, FL.

Sterling Organization acquires second Seattle MSA property, ‘Langston Landing,’ in Kent, WA for $17.457 million.

Retrieved on: 
Friday, October 4, 2019
Finance, Money, Economy, Skaggs family, Online grocery delivery, Safeway Inc., Safeway, Private equity, Kosoy

Langston Landing is an 83,391-square-foot shopping center anchored by a highly productive Safeway grocery store.

Key Points: 
  • Langston Landing is an 83,391-square-foot shopping center anchored by a highly productive Safeway grocery store.
  • We are very pleased to kick-off the SUP II Fund with an asset of Langston Landings quality, said Brian Kosoy, Managing Principal, President and CEO of Sterling Organization.
  • This property is Sterlings second investment in the Seattle MSA in as many years, and the first acquisition in the SUP II Fund.
  • About Sterling Organization: Sterling Organization is a vertically integrated private equity real estate firm that has an established track record of providing risk-adjusted returns to its partners, in both relative and absolute terms.