Regency Centers Acquires The Longmeadow Shops in Massachusetts
14 Décembre 2023 - 3:00PM
Regency Centers today announced the acquisition of The Longmeadow
Shops in Longmeadow, MA.
“The Longmeadow Shops have been a fixture in this community
dating back 50 years and serves as a town gathering spot for
shopping and dining,” said Barry Argalas, Managing Director of
Transactions. “This time-tested property will be a fantastic
addition to the Regency portfolio.”
The Longmeadow Shops is a neighborhood center with approximately
100,000 square feet of space that is currently 100% leased. A
staple of the local community, it consists of a strong national
tenant mix including CVS, Athleta, Starbucks, Bank of America,
Talbots, Gap, J. Crew Factory, and Chico’s. It is also home to
local favorites such as Posto, Max Burger, and Delaney’s Market.
The center is the premier shopping and dining destination within
the trade area with an established reputation and relationship with
the surrounding neighborhoods.
“Regency understands and appreciates the attractiveness of this
trade area,” said Jack deVilliers, Senior Vice President and Senior
Market Officer. “We continue to make strategic and accretive
investments in the Northeast, powered by our financial strength and
access to capital. As long-term owners of our properties, we look
forward to further investing in portfolio growth and demonstrating
why we are a company-of-choice for this retail environment.”
About Regency Centers
(Nasdaq:REG)
Regency Centers is a preeminent national owner, operator, and
developer of shopping centers located in suburban trade areas with
compelling demographics. 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.
Eric Davidson904 598
7829EricDavidson@RegencyCenters.com
Regency Centers (NASDAQ:REG)
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