Sterling Organization Acquires Raley’s Plaza in Metro San Francisco for $22.8 Million

by Katie Sloan

Fairfield, Calif. — Sterling Organization has acquired Raley’s Plaza, a 95,441-square-foot shopping center located approximately 40 miles northeast of downtown San Francisco in Fairfield, for $22.8 million.

Raley’s anchors the 94 percent occupied center, which is also home to tenants including JP Morgan Chase Bank, Starbucks Coffee, Round Table Pizza and Panda Express. The property was purchased from a subsidiary of San Diego-based Gerrity Group.

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