Sterling Organization Acquires Las Vegas Shopping Center for $20 Million

by Katie Sloan

Las Vegas — Sterling Organization has acquired Smith’s Shopping Center, a 108,731-square-foot grocery-anchored retail plaza located in Las Vegas, for $20 million. 

The asset was acquired from a subsidiary of Kirkorian Enterprises via Sterling Organization’s institutional stabilized fund Sterling United Properties I LP. The center is fully occupied by tenants including Subway, The UPS Store, Verizon and H&R Block. 

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