Regency Centers - Destinations That Connect

Each center is uniquely connected to the people and communities that surround it – no two are the same.

OUR

WHO IS REGENCY

Regency Centers began in 1963 with one property from one determined husband and wife team in Jacksonville, Florida. Their efforts brought the first regional shopping mall to the southeast. This was accomplished with a set of values that would create the foundation of Regency Centers, which now encompasses 482 properties in nearly every major market across the nation.

OUR CORE VALUES

We have lived our values for over 60 years by executing and successfully meeting our commitments to our people, our customers, and our communities. We hold ourselves to that high standard every day. Our exceptional culture will set us apart into the future through our unending dedication to these beliefs:

We are our people.

We connect with our communities. We are responsible. We strive for excellence. We are better together.

We do what is right.

JOAN & MARTIN E. STEIN

FOUNDERS

National Reach, Local Expertise

Regency is a collection of regional offices located in compelling markets and run by local industry experts. Each market is different, and we empower our people to use their deep experience to achieve success. Our Fresh Look ® program and the intentional application of its three pillars — Connecting, Placemaking, and Merchandising — help bolster the success of our centers.

ATMOSPHERE

As destinations and gathering places for their surrounding communities, our properties need to feel familiar and organic.

Creating a dynamic and inviting atmosphere is crucial to the success of our merchants and our long-term ownership. The merchandising and design should reflect the style and interests of the neighborhood.

Creating a sense of place gives a center its identity, first defined by its surrounding community.

PLACEMAKING

A key element of our Fresh Look program, Placemaking is the process of incorporating architecture, design aesthetics, and gathering places into the bones of a center. Various materials, lighting, and greenery are woven together to achieve the right look and feel to reflect the surrounding community.

Culture plays an essential part in determining the personality of a center. How our visitors interact with the property helps define design direction. It takes our local experts' combined expertise and experience to determine that plan of action.

EXPERIENCE

Creating a lasting and inviting experience is no simple task. We approach it with a unique strategy and a balanced mindset.

For us, a great guest experience encourages active engagement with our centers through shopping, dining, meeting friends, and attending any of our on-site events. In addition to providing goods and services, our centers are places where people can connect.

As new generations move to the forefront, we have to ensure our properties are a long-term draw.

MERCHANDISING

We blend best-in-class local merchants with top national retailers in an intentional merchandising strategy, focusing on the right concepts that complement a center’s trade area and existing Fresh Look components.

A merchandising mix focusing on daily needs, services, and wellness concepts creates a powerful balance for our guests, making our property their center of choice. National retailers — combined with best-in-class local merchants, mom-and-pops, and expanding regional brands — create a dynamic, 18-hour experience.

CONNECTIVITY

At the heart of our values is a connection to our communities.

Regency creates thriving environments for retailers and service providers to connect with surrounding neighborhoods and communities, transforming our “properties” into “places.”

As an essential part of people’s lives, we take great care to ensure our centers are wellmaintained, easy to access, inclusive, and safe.

Events also create a draw and foster a relationship between our guests and their experiences. We source local artists and talented experience providers to give people a second home in their community: their center of choice.

We use social media to reach the surrounding community. Guests are encouraged to share their experiences with us while we promote new events, merchant announcements, and important center updates. This engagement creates a relationship between us, the surrounding neighborhoods, and our merchants on these channels.

Physical space plays an integral role in defining retail, the community, and its surroundings. Trends, technology, and culture are crucial to reaching the customer.

CREATING A PLACE

To create a real sense of place, we must understand the culture of our communities. These range from urban to suburban, with various lifestyles, preferences, and even architectural identities.

Younger generations and empty-nesters seek connectivity, health and wellness, essential goods and services, and organic experiences. New concepts are emerging as people create a new balance to meet their changing needs.

Ongoing dialog with our communities is critical.

We want people to share their experiences with us on social media, even if they have a concern or complaint. Responsible community management includes being available and responsive on all channels.

Trust is key to any relationship, so we strive for transparency. We communicate our goals and plans wherever possible, which sometimes requires an “open house” event. This is where our teams can connect with — and collect valuable feedback from — their neighbors and local stakeholders.

ACQUISITIONS AND DISPOSITIONS

The type of centers we like to build are also the type we are interested in acquiring.

Properties that have an identity and brand loyalty outperform the competition. Through our capital recycling program, we fund acquisitions via a thoughtful disposition program, resulting in a meaningful upgrade to our portfolio’s overall quality.

Our strategy is to find centers that offer the most dynamic combinations of merchandising, placemaking, and location.

ACQUISITION CRITERIA

Individual properties or portfolios

High-growth urban neighborhood and community retail including value-add opportunities

Dominant anchors, with a preference towards grocers

Household incomes and population counts exceeding the market averages

Located in major metropolitan areas throughout the U.S.

KEY BUYING ADVANTAGES

All cash buyer with strong balance sheet

Certainty of closing

Joint venture and tax advantageous programs available

TRANSACTIONS TEAM

Barry Argalas

Managing Director, Transactions

BarryArgalas@RegencyCenters.com

904 598 7000.

Renée Wager

Senior Manager, Transactions

ReneeWager@RegencyCenters.com

904 598 7304 .

FEATURED ACQUISITIONS

NOHL PLAZA

Orange, CA | 103,639 SF

Nohl Plaza is a 105,000-square foot neighborhood center that is 95% leased and anchored by Vons

The center has six owned outparcels including Starbucks, Del Taco, and Union 76

Its 37,000-square feet of inline retail consists of a well tenured roster benefiting from over 1.3 million visits a year

THE LONGMEADOW SHOPS

Longmeadow, MA | 99,086 SF

The Longmeadow Shops is a neighborhood center that is currently 100% leased. A staple of the local community, it consists of a strong national merchandising mix including CVS, Athleta, Starbucks, Bank of America, Talbots, Gap, J. Crew Factory, and Chico’s.

The center is the premier shopping and dining destination within the trade area with an established reputation and relationship with the surrounding neighborhoods.

THE ABBOT

Cambridge, MA | 64,416 SF

Neighboring the city of Boston and Harvard University, The Abbot proudly stands as the iconic center of Cambridge.

Centrally located, The Abbot is only 200 feet away from the Harvard stop on the Red Line T.

This redevelopment will create more than 64,000 SF of new flagship retail and creative office space, providing state-ofthe-art space in a thoughtfully restored and expanded historic building. This center is also the winner of the 2021-2022

The Abbot

Cambridge Preservation Award for historic preservation.  1-30 Brattle St, Cambridge, MA 02138

BALLARD BLOCKS I AND II

Seattle, WA | 248,572 SF

Ballard Blocks

Located just north of downtown Seattle, Ballard is a thriving, hip, waterfront neighborhood. Home to an influx of young families and professionals fueling the construction of more than 20,000 new multifamily units, the Ballard area has become one of Seattle’s fastest growing submarkets. Ballard Blocks II, currently under development, will contain office and retail space, anchored by a PCC Natural Grocer, West Marine, and Bright Horizons learning center.

 1416 NW Ballard Way, Seattle, WA 98107

BAYBROOK EAST

Webster, TX | 155,982 SF

H-E-B is now open for the first phase of Baybrook East, a 23-acre shopping center that will include 20,000 SF of retail space, and six outparcels along with open-air seating and landscaping. Visitors will soon find a full spectrum of restaurants, exciting placemaking, and sensational shopping. Positioned midway between downtown Houston and Galveston, Baybrook East sits at the heart of a vibrant commercial sector.

Baybrook East

SF Carytown Exchange reflects the neighborhood’s local flavor and serves its dense daytime population of well-educated and diverse residents and visitors. With a curated mix of local and national, service and retail, the shopping center exemplifies Regency’s Fresh Look® philosophy by combining unique placemaking designs with the right merchandising mix and connecting with the community.

THE CROSSING CLARENDON

Arlington, VA | 419,950 SF

This iconic mixed-use property, located in the heart of the Rosslyn-Ballston corridor in Arlington, VA, is just steps from the Clarendon Metro. Home to residences, offices, and a distinctive set of restaurants and retailers, The Crossing is located on one of Arlington’s best streets for shopping — serving a diverse, affluent, and educated customer base.

The Crossing Clarendon

EAST SAN MARCO

Jacksonville, FL | 58,946 SF

A quaint community boasting a vibrant mix of local and national retailers, historic San Marco continues to be one of Jacksonville’s most beloved and sought after neighborhoods. Situated in San Marco’s shopping district within an area of extreme multi-family housing growth, this urban, Publixanchored development sits in close proximity to the Downtown, Five Points, Riverside, and St. Nicholas neighborhoods, with easy access to I-95 and a new interchange.

East San Marco

 2039 Hendricks Avenue, Jacksonville, FL 32207

GLENWOOD GREEN

Old Bridge, NJ | 352,881 SF

Ideally situated on New Jersey’s Route 9 in Old Bridge, Glenwood Green is poised to be the shopping destination of choice for the surrounding communities. The center will offer local and national shops, restaurants and fitness venues, and a fuel station. An on-site ambulatory care center, (operated by the local hospital system), and more than 1,200 new residences under development on the neighboring property make Glenwood Green a convenient stop for many. First class architecture, placemaking amenities, and a pedestrian-friendly design welcome visitors to Glenwood Green.

Glenwood Green

GRAND RIDGE PLAZA

Issaquah, WA | 330,671 SF

Grand Ridge Plaza

Grand Ridge Plaza is the only major retail center to serve Issaquah Highlands, an innovative master-planned community located 18 miles east of downtown Seattle. Designed to be the central gathering place for residents and office workers in the Issaquah region and to the east, Grand Ridge is a vibrant hub that meets the community’s shopping, dining and entertainment needs.

 1451 Highlands Drive NE, Issaquah, WA 98029

MELLODY FARM

Vernon Hills, IL | 258,691 SF

Located in the heart of the Vernon Hills community just 30 miles from Chicago’s Loop, Mellody Farm features Whole Foods Market, destination restaurants, and some of the area’s most adored shops and businesses. Mellody Farm is situated at the confluence of two state highways, with signalized access to Hawthorn Mall in the heart of the 3M+ SF Vernon Hills retail trade area.

BLOOM ON THIRD

Los Angeles, CA | 73,106 SF

Bloom on Third is the perfect example of the power of location. Across the street from The Grove — one of the top retail tourism destinations in the country — this underdeveloped diamond in the rough is poised for longterm success. With new-to-market retailers, dynamic placemaking and upscale residential units, Bloom on Third is sure to become known as the place where LA comes to shop.

Bloom on Third

VILLAGE AT LA FLORESTA

Brea, CA | 86,969 SF

Strategically located along the desirable thoroughfare of Imperial Highway, this center is part of a larger masterplanned community. Village at La Floresta has a dynamic integrated marketing strategy that realizes strong property brand awareness, stimulating generous physical foot and digital site traffic.

VILLAGE DISTRICT

Raleigh, NC | 600,537 SF

Village District is the Southeast’s original lifestyle center near Raleigh’s central business district and NC State University.

Purchased in 2004 and continually renovated since, it spans six-plus city blocks, and houses 91 premier retailers generating more than $155 million in reported annual sales revenue.

WESTBARD SQUARE

Bethesda, MD | 125,800 SF

The Westwood Shopping Center has been a cornerstone of the Bethesda community for generations. At the new Westbard Square, we’re enhancing everything locals love about this treasured neighborhood staple, creating a dynamic gathering place where shoppers can run a quick errand or stay a while to catch up with family and friends.

An iconic destination and experience designed to make the everyday extraordinary, The Pruneyard is located at the highly-trafficked intersection of Campbell Avenue and Bascom Avenue. Built in the 1960s, The Pruneyard quickly became a Silicon Valley landmark, evolving over the years and recently undergoing a substantial renovation.

Please visit RegencyCenters.com to learn more about our capabilities, company, and culture.