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Sterling Organization acquires three Safeway-anchored shopping centers in California, Hawaii for 277,057 sq ft portfolio

PUBT·09/29/2026 17:12:19
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Sterling Organization acquires three Safeway-anchored shopping centers in California, Hawaii for 277,057 sq ft portfolio
  • Sterling Organization acquired a three-property, grocery-anchored shopping center portfolio totaling 277,057 square feet in California, Hawaii.
  • Assets include Safeway Burlingame, Pleasanton Gateway Shopping Center, Kapahulu Shopping Center; portfolio is 99% leased.
  • Properties were bought for Sterling United Properties, its core grocery-anchored shopping center fund series.
  • Portfolio is anchored by Safeway stores in affluent, land-constrained submarkets; trade areas average over $222,000 household income within three miles.
  • Transaction marked Sterling’s first investment in Hawaii, extending its retail footprint beyond the mainland.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sterling Organization, LLC published the original content used to generate this news brief on September 25, 2026, and is solely responsible for the information contained therein.