Sterling Organization Buys 263,829-Square-Foot Grocery-Anchored Center in Bristol, Connecticut, for $44.4 Million

Bristol, Conn. — Sterling Organization has acquired Bristol Plaza, a 263,829-square-foot grocery-anchored shopping center located in Bristol, approximately 20 miles southwest of Hartford, for $44.4 million. Bristol Plaza was 93.1 percent occupied at the time of sale to tenants including a Stop & Shop supermarket, T.J. Maxx, Burlington, Dollar Tree and Starbucks Coffee.

Chris Angelone, Zach Nitsche, Alex Quinn, Sam Wiesman and Henry Schaffer of JLL’s Investment Sales and Advisory team represented the seller, Federal Realty Investment Trust, in the transaction.