Regency Centers Announces Portfolio Sale
Regency Centers Corporation (NYSE: REG)
Regency is the preeminent national owner, operator, and developer of dominant grocery-anchored and community shopping centers. At March 31, 2012, the Company owned 365 retail properties, including those held in co-investment partnerships. Including tenant-owned square footage, the portfolio encompassed 49.8 million square feet located in top markets throughout the United States. Since 2000 Regency has developed 207 shopping centers, including those currently in-process, representing an investment at completion of $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.
Forward-looking statements involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements. Please refer to the documents filed by Regency Centers Corporation with the SEC, specifically the most recent reports on Forms 10-K and 10-Q, which identify important risk factors which could cause actual results to differ from those contained in the forward-looking statements.
Exhibit I: Portfolio Properties
| Property | City | State | GLA (sf) | % Leased - 6/30/12 | Anchor Tenant | ||||||
| Applegate Ranch Shopping Center | Modesto | CA | 144,444 | 83.2% | Marshalls, PETCO, Wal-Mart (1), SuperTarget (1) | ||||||
| Clovis Commons | Fresno | CA | 174,990 | 99.3% | Best Buy, TJ Maxx, PetSmart, Office Depot, Target (1) | ||||||
| Plaza Rio Vista | Riverside | CA | 67,622 | 83.5% | Stater Bros. | ||||||
| Beneva Village Shops | Sarasota | FL | 141,532 | 91.1% | Publix, Harbor Freight Tools, Walgreens | ||||||
| East Port Plaza | Port St. Lucie | FL | 162,831 | 89.8% | Publix, Medvance, Walgreens | ||||||
| First Street Plaza | Fort Myers | FL | 54,926 | 90.9% | Publix | ||||||
| Martin Downs Town Center | Stuart | FL | 64,546 | 100.0% | Publix | ||||||
| Martin Downs Village Center | Stuart | FL | 112,666 | 88.1% | Martin Memorial, Bealls Outlet | ||||||
| Martin Downs Village Shoppes | Stuart | FL | 48,937 | 81.8% | Walgreens | ||||||
| Frankfort Crossing | Chicago | IL | 114,534 | 88.2% | Jewel Osco, Ace Hardware | ||||||
| Garner Town Square | Raleigh | NC | 184,347 | 90.0% | Kroger, PetSmart, Office Max, Target (1), Home Depot (1) | ||||||
| Wadsworth Crossing | Akron | OH | 108,164 | 92.6% | PETCO, Office Max, Bed, Bath & Beyond, Target (1), Kohl's (1), Lowes (1) | ||||||
| Nashboro Village | Nashville | TN | 86,811 | 96.8% | Kroger | ||||||
| Preston Park Village | Dallas | TX | 239,333 | 90.5% | Tom Thumb, Gap | ||||||
| Shops at Highland Village | Dallas | TX | 351,635 | 88.4% | AMC Theatre, Barnes & Noble | ||||||
| (1)Retailer is a shadow anchor and not part of the owned property. | |||||||||||
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