Regency Centers Names Joanna Rotonde to Lead Northeast Acquisitions and Dispositions
Focusing on the expansion markets of Boston, Philadelphia and metro New York
JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Regency Centers (NYSE:REG), a national owner, operator and developer of grocery-anchored and community shopping centers, recently appointed Joanna Rotonde to lead its acquisitions and dispositions efforts for the Northeast region of the United States. She is responsible for identifying, evaluating and structuring profitable property acquisition and disposition opportunities within Connecticut, Massachusetts, New Jersey, New York and Pennsylvania.
Joanna Rotonde, Regency Centers. (Photo: Business Wire)
Rotonde recently served as assistant vice president for Urstadt Biddle Properties, Inc. where she helped identify and close $125 million in acquisitions of grocery-anchored and community shopping centers in the suburban metro New York area. She has been recognized among top women in real estate by the New York Real Estate Journal four years in a row.
“Joanna brings established relationships and market knowledge that will make an immediate impact for Regency,” said Senior Vice President Barry Argalas, head of transactions at Regency Centers. “Following our entry into the New York market last year with the acquisition of Lake Grove Commons, we are actively pursuing top-tier grocery-anchored centers in some of the country’s top retail markets, including Boston, Philadelphia and metro New York.”
Rotonde is a member of the International Council of Shopping Centers (ICSC), Urban Land Institute, Retail Network and a committee member for ICSC Next Generation.
Regency Centers currently manages a portfolio of 18 shopping centers, totaling 2.3 million square feet, in Connecticut, Massachusetts, New Jersey, New York and Pennsylvania.
About Regency Centers Corporation
Regency is the preeminent national owner, operator, and developer of dominant grocery-anchored and community shopping centers. As of September 30, 2012, the Company owned 347 retail properties, including those held in co-investment partnerships. Including tenant-owned square footage, the portfolio encompassed 46.1 million square feet located in top markets throughout the United States. Since 2000, Regency has developed 209 shopping centers, including those currently in-process, representing an investment at completion of more than $3.0 billion. Operating as a fully integrated real estate company, Regency is a qualified real estate investment trust that is self-administered and self-managed.
Source: Regency Centers Corporation