Regency Centers Acquires Five Shopping Centers in Southern California for $357 Million

Reuters
2025/07/24
<a href="https://laohu8.com/S/REG">Regency Centers</a> Acquires Five Shopping Centers in Southern California for $357 Million

Regency Centers Corporation announced the completion of its acquisition of a portfolio of five premier suburban shopping centers located in the Rancho Mission Viejo master-planned community in Orange County, California. The portfolio, which includes Bridgepark Plaza, Mercantile West, Mercantile East, Terrace Shops, and Sendero Marketplace, spans nearly 630,000 square feet. The transaction, valued at $357 million, was funded through a mix of operating partnership units, the assumption of $150 million in secured mortgage debt, and $7 million in cash. Regency Centers highlighted the strategic alignment of the acquisition with its capital allocation objectives and its potential to enhance Core Operating Earnings per share in 2025. The centers, noted for their robust line-up of needs-based tenants, are 97% leased, with strong community demographic trends supporting their performance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Regency Centers Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9499650-en) on July 24, 2025, and is solely responsible for the information contained therein.

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