Owners
Sterling Palm Beach LLC
Royal Poinciana Plaza is controlled and operated by Sterling Palm Beach LLC. Led by Brian Kosoy, CEO of Sterling Organization, and Lee Munder, founder and Chairman of Lee Munder Capital Group, the group of Palm Beach residents and investors involved are committed to developing and implementing a thoughtful and carefully considered revitalization of Royal Poinciana Plaza and its surrounding acreage in a manner that honors the signature architectural and horticultural heritage that defines the island of Palm Beach. Dedicated to meeting the needs of the Town over the next 50 years, the main objective for the redevelopment of Royal Poinciana Plaza to work in synch with the Town’s surrounding areas. Sterling Palm Beach LLC is honored to have the opportunity to refresh and revitalize Royal Poinciana Plaza Poinciana Plaza in a manner that prepares it to flourish and endure for decades to come.
The Partnership
Sterling Organization
Sterling Organization is a fully integrated and diversified real estate investment, development and services company with an established track record of success in the commercial real estate industry. The company is focused on the ownership, management, acquisition, redevelopment, development, leasing and related services for real estate assets on behalf of its partners and for the benefit of its own property ownership interests in the United States. Sterling Organization currently owns approximately 6 million square feet of retail and commercial real estate in Arizona, Colorado, Florida, Georgia, North Carolina, Illinois, Tennessee and Texas with an aggregate value of almost $1 billion.
www.sterlingorganization.com
Lee Munder Capital Group
Lee Munder Capital Group is a firm dedicated to meeting the investment needs of institutional and private clients. The firm brings together a cohesive and experienced group of investment professionals who focus on high quality investment opportunities across the entire spectrum of public and private equity investments. The employee-owned partnership, founded in 2000, manages $4.5 billion and offers long-only equity and alternative strategies for institutions, private client investment strategies for individuals, and private equity investments.
www.leemunder.com
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