BOSTON, Jan. 5, 2026 –  JLL Capital Markets announced today that it has secured the $44.4 million sale of Bristol Plaza, a 263,829-square-foot grocery-anchored shopping center in Bristol, Connecticut (Hartford MSA).

JLL worked on behalf of the seller, Federal Realty Investment Trust. The buyer was Sterling Organization.

Bristol Plaza is 93.1% occupied and anchored by a dominant Stop & Shop supermarket, the #1 Grocer in Connecticut. Stop & Shop is complemented by prominent national tenants including T.J. Maxx, Burlington, Five Below, Dollar Tree and Starbucks.

Bristol Plaza is strategically located at 641 Farmington Ave. (State Route 6), Bristol's primary retail corridor. The property serves over 107,000 people within a five-mile radius and is in the vicinity of ESPN's global headquarters, which employs more than 3,600 people. The center benefits from excellent accessibility to Interstate 84 and has been ingrained in the community for over 50 years.

JLL Capital Market’s Investment Sales and Advisory team was led by Senior Managing Director Chris Angelone, Directors Zach Nitsche and Alex Quinn and Associate Sam Wiesman, with financing assistance from Managing Director Henry Schaffer.

"Bristol Plaza represented a unique opportunity to acquire a performing grocery-anchored retail center with a dominant anchor," said Angelone. "The property's strong credit tenant lineup and strategic location in Bristol's primary retail corridor made it highly attractive to investors and led to a competitive marketing process."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom.

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets and select underserved regions with strong economic and demographic fundamentals. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. This includes a portfolio of open-air shopping centers and mixed-use destinations—such as Santana Row, Pike & Rose and Assembly Row—which together reflect the company's ability to create distinctive, high-performing environments that serve as vibrant destinations for their communities. As of September 30, 2025, Federal Realty's 103 properties include approximately 3,600 tenants in 27.9 million commercial square feet and approximately 3,000 residential units.

Federal Realty has increased its quarterly dividends to its shareholders for 58 consecutive years, the longest record in the REIT industry. The company is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.

Sterling Organization is a vertically integrated private equity real estate firm with a national platform focused on investing in retail and distribution real estate assets across the risk spectrum in major U.S. markets. Headquartered in West Palm Beach, FL, with offices across the country, the firm and its affiliates own more than 80 properties nationwide, totaling over 13 million square feet and exceeding $3 billion in value. Sterling Organization is actively pursuing new investment opportunities across its various strategies.