Sterling Organization has recently acquired the Braemar Village Center located at 12713 Braemar Village Plaza in Bristow, VA. This prime property, valued at $31.4 million, spans over 111,635 square feet and is situated in a highly sought-after western suburb of Washington D.C.
The center boasts a Safeway grocery store as its anchor tenant and is also home to other notable businesses such as Dunkin’ Donuts, Subway, Bank of America and Arby’s. In addition to these established tenants, the property also includes over three acres of vacant land which presents potential for future development or sale of additional outparcel pads.
According to Brian Kosoy – principal at Sterling Organization – “We see numerous opportunities for value-add initiatives at this property that our operations team is eager to implement for our investors and the Bristow community.” With an impressive real estate portfolio consisting of 74 properties across the United States totaling over 12.6 million square feet in gross leasable area with a combined value exceeding $2.8 billion dollars; Sterling Organization continues its growth trajectory with this latest acquisition.
This recent purchase by Sterling Organization highlights their expertise in identifying lucrative investment opportunities within thriving markets while strategically expanding their already impressive real estate holdings nationwide.
