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Sterling Organization, a vertically integrated private equity real estate investment firm headquartered in West Palm Beach, Florida, has promoted Bob Dake to a principal of the firm.

Dake joined the firm in 2021 as chief operating officer (COO) of Sterling’s retail real estate platform for the past three years, primarily overseeing the property management, leasing, lease administration, construction and property marketing teams for the firm’s portfolio, which currently comprises approximately 12 million square feet of U.S. shopping centers. Earlier in his career, he was COO at ShopOne Centers REIT and was vice president of national accounts at Brixmor Property Group.

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“As a partnership group, we are honored to welcome Bob – he is a person that possesses extraordinary character and it is with great pleasure and optimism that I personally look forward to working side by side with him as a partner for what I hope will be many, many years to come,” said Brian Kosoy, Sterling’s CEO and managing partner. “Bob’s ascent to partner could not be more deserved as he provides an incredible level of energy, professionalism and dedication to our leadership team and the firm as a whole.”

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