JACKSONVILLE, Fla.--(BUSINESS WIRE)--Aug. 31, 2017--
Regency Centers Corporation (the “Company”) (NYSE:REG) announced today
that, upon initial inspection, the Company’s shopping centers in Houston
have sustained no significant damage as a result of Hurricane Harvey.
The scope of damage has been limited to minimal water intrusion and
minor roof leaks, and there is no major structural damage to report. All
grocers in the portfolio are reporting as operational. The Company will
provide further updates, if necessary.
“Although our properties have suffered minimal damages, there are many
who suffered far worse,” said Hap Stein, Chairman and CEO of Regency
Centers. “We will offer our support to the surrounding communities as
the rebuilding process continues.”
The Company is encouraging employees to participate in today’s American
Red Cross Day of Giving to help support Hurricane Harvey relief efforts,
and will join employees in giving to the cause.
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.
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Source: Regency Centers Corporation
Regency Centers Corporation
Eric Davidson, 904-598-7829