Sterling Organization Buys 129,000 SF Retail Center in Hackensack, New Jersey

by Taylor Williams

HACKENSACK, N.J. — Sterling Organization has purchased Riverfront Plaza, a 129,000-square-foot retail center in the Northern New Jersey community of Hackensack. Grocer ShopRite anchors the property, which was 96 percent leased at the time of sale. Other tenants include Sherwin-Williams and Leslie’s Pool Supplies. Jose Cruz, Kevin O’Hearn, Steve Simonelli, Michael Oliver and Grace Braverman of JLL represented the seller, a partnership between Regency Centers and LaSalle Investment Management, in the deal.

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