# Sterling Organization

> Sterling Organization is a vertically integrated private equity real estate firm in West Palm Beach that buys, fixes, leases, and sells the unglamorous retail Americans actually use - grocery-anchored shopping centers, power centers, and last-mile distribution space. Founded by Brian Kosoy, the firm runs seven institutional funds, manages more than $2 billion in assets across 78 properties and 14 million square feet, and in 2024 closed its flagship value-add fund at a $600 million hard cap.

- **Founded:** 2007
- **Headquarters:** West Palm Beach, Florida, United States
- **Founders:** Brian Kosoy (Founder, Managing Principal & CEO)
- **Team size:** 115-130 employees
- **Products:** Value-Add Retail Real Estate, Core Grocery-Anchored Shopping Centers, Core Power Centers, LAST HOUR Consumer Fulfillment & Distribution
- **Notable:** Closed Sterling Value Add Partners IV at its $600 million hard cap in June 2024, exceeding a $500 million target, Grew to $2 billion+ in assets under management across seven active investment funds, Owns 78 properties totaling more than 14 million square feet of gross leasable area

## Products & services

- **Value-Add Retail Real Estate** — Acquiring underperforming or mismanaged retail centers, improving occupancy, leasing, and operations, then selling at a gain. The strategy behind the flagship Sterling Value Add Partners fund series.
- **Core Grocery-Anchored Shopping Centers** — Stable centers anchored by market-leading grocers, held for steady cash flow and long-term appreciation.
- **Core Power Centers** — Large-format, big-box anchored retail centers held as core, income-producing assets.
- **LAST HOUR Consumer Fulfillment & Distribution** — Acquisition and development of Neighborhood Fulfillment Centers - infill industrial and distribution real estate positioned to serve last-mile and last-hour delivery.

## Achievements

- Closed Sterling Value Add Partners IV at its $600 million hard cap in June 2024, exceeding a $500 million target
- Grew to $2 billion+ in assets under management across seven active investment funds
- Owns 78 properties totaling more than 14 million square feet of gross leasable area
- Sold a seven-property, ~957,000 sq ft grocery-anchored portfolio for $298 million in 2026 after raising occupancy from 77% to 96%
- SEC Registered Investment Adviser since 2014
- Recognized by PERE (Private Equity Real Estate) in 2024

## Latest updates

- **2026-03** — Sold a seven-property, ~957,000 sq ft grocery-anchored and necessity-based retail portfolio for $298 million on behalf of Sterling Value Add Partners II and III.
- **2025** — Named Michael McCarthy (2026) and Bob Dake (2025) as principals as the firm expanded its senior leadership.
- **2024-06** — Closed Sterling Value Add Partners IV at a $600 million hard cap, above its $500 million target.

## Links

- Website: https://www.sterlingorganization.com
- LinkedIn: https://www.linkedin.com/company/sterling-organization

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Profile page: https://yespress.io/sterling-organization
Published by YesPress — https://yespress.io
Last updated: 2026-08-15