METUCHEN, NJ--(BUSINESS WIRE)--Jan. 23, 2018--
Regency Centers Corporation (“Regency” or the “Company”), a national
owner, operator, and developer of grocery-anchored shopping centers, has
announced the acquisition of The District at Metuchen, in Metuchen, New
Jersey. This 66,000-square foot center is anchored by Whole Foods Market
and located in the vibrant downtown of the trade area. It lies less than
two miles from the I-287 and I-95 interchange; two of the major arteries
of the metro New York market. Neighboring the site is the Metuchen
station and the Metropark station, servicing a combined 11,000 commuters
each weekday.
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Whole Foods Market Grand-Opening (Photo: Business Wire)
“Metuchen’s high barriers to entry, as well as the influx in residential
for the immediate area make this a dynamic community to be operating
in,” said Joanna Rotonde, Senior Manager of Transactions for Regency.
“We’re excited to be a part of the continued densification of this
rapidly expanding infill market.”
Whole Foods Market celebrated their grand opening last October, which
houses Comida Fresca; a fresh, modern Mexican restaurant with indoor and
outdoor seating. Other tenants include European Wax, Title Boxing, and
Chipotle. For leasing inquiries, please contact David Sherin at DavidSherin@regencycenters.com,
or 610-747-1212.
“This center is a fantastic addition to our expanding presence in the
market,” said John Hricko, Vice President and Market Officer at Regency.
“With its premier location, as well as its connectivity to the
lifestyles and elements of the neighborhood, The District at Metuchen
will continue be a destination for the community’s work, live, and play
needs.”
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
Communication
Manager
EricDavidson@regencycenters.com
or
John
Hricko, 610-747-1205
Vice President, Market Officer
JohnHricko@regencycenters.com