SEATTLE--(BUSINESS WIRE)--Jan. 3, 2018--
Regency Centers Corporation (“Regency” or the “Company”), a national
owner, operator, and developer of grocery-anchored shopping centers has
acquired Roosevelt Square, a 150,000-square foot, multi-level
neighborhood shopping center in Seattle, Washington. Anchored by Whole
Foods market, this property is currently 100% leased and surrounded by
powerful demographics in a premier trade area.
“This is a great asset and fit for our continued expansion in the
market,” said Craig Ramey, Managing Director for Regency Centers. “This
adds to our urban platform that we continue to build with acquisition
and development of best-in-class shopping centers. We want this place to
continuously be a relevant and experiential draw for the neighboring
communities, and the proximity to the University of Washington and
active lifestyles will ensure that Roosevelt Square continues to be the
favorite place for customers to meet friends, shop and dine.”
Roosevelt Square’s acquisition makes it the 11th addition to
Regency’s presence in the market at approximately 1.5 million square
feet of community-serving retail. Other properties include Broadway
Market, Grand Ridge Plaza, Klahanie Shopping Center, and Sammamish
Highlands.
About Regency Centers Corporation (NYSE: REG)
Regency Centers is the preeminent national owner, operator, and
developer of shopping centers located in affluent and densely populated
trade areas. Our portfolio includes thriving properties merchandised
with highly productive grocers, restaurants, service providers, and
best-in-class retailers that connect to their neighborhoods,
communities, and customers. Operating as a fully integrated real estate
company, Regency Centers is a qualified real estate investment trust
(REIT) that is self-administered, self-managed, and an S&P 500 Index
member. For more information, please visit regencycenters.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180103005698/en/
Source: Regency Centers Corporation
Regency Centers Corporation
Eric Davidson, 904-598-7829
Communication
Manager
EricDavidson@regencycenters.com
or
Craig
Ramey, 503-603-4726
Managing Director, Pacific Northwest, Northern
California, and Colorado
CraigRamey@regencycenters.com