Who We Are
We’re a real estate investment trust (REIT) based in Fargo, ND.
To provide low-risk and income-producing real estate investment opportunities to investors.
To be the most reliable, well-managed, and transparent REIT in the United States.
THE COMPANY STRUCTURE FOR STERLING OFFICE AND INDUSTRIAL TRUST
Sterling Office and Industrial Trust
Sterling Office and Industrial Trust is an unincorporated North Dakota trust formed on March 2, 2016, to invest primarily in a diversified portfolio of freestanding, single or multi-tenant office and industrial properties net leased to creditworthy tenants and other real estate related assets. The Trust elected to be taxed as a Real Estate Investment Trust (“REIT”) under Sections 856-860 of the Internal Revenue Code.
Sterling Office and Industrial Properties, LLLP
Sterling Office and Industrial Trust is an Umbrella Partnership Real Estate Investment Trust, and holds all of its properties in a separate partnership, Sterling Office and Industrial Properties, LLLP (“Sterling Office and Industrial Properties”). The Trust controls Sterling Office and Industrial Properties and acts as its general partner. The Trust uses Sterling Office and Industrial Properties to acquire properties, including through the exchange of limited partnership units for properties.
Sterling Management, LLC
Sterling Office and Industrial Trust operates under the direction of the Board of Trustees, the members of which are accountable to the Trust and its shareholders as fiduciaries. However, the Trust has no paid employees and therefore retains a management company to manage the Trust’s, and Sterling Office and Industrial Properties’ day-to-day affairs. Since inception, the Trust has relied upon Sterling Management, LLC as its external management company. Sterling Management, LLC has proudly served REITs for more than 15 years, its CEO, President, CIO and CFO serve concurrently as the Trust’s executive officers.
We develop and maintain relationships based on trust, cooperation, collaboration, and open communication with investors, state and federal agencies, brokers, and our many service providers. We recognize that we may not always agree, but we express our differences with respect.
We achieve excellence by constantly improving our business and practices. Our work environment supports learning, innovation, and change, which are essential for meeting high-quality standards.
Integrity is the foundation of our credibility. We set high standards for our work and follow the highest ethical and professional standards.
To best serve our investors, we provide accurate, complete, and traditional information. We produce reports that are objective, useful, clear, and candid.
We are continually committed to our investors. We work to build stronger trust for future generations, acting at all times with an owner mentality.