Leasing Momentum Indicates Regency Growth From Coast to Coast

According to the recently released Q1 2023 earnings report, Regency’s property portfolio has reached a 95.1% occupancy rate, signaling a resounding success in our nationwide leasing efforts. This influx of new tenants not only underscores a vibrant and thriving business environment, but serves as a testament to the broad appeal and exceptional quality of our centers.

With recent additions like Goodnights Comedy Club, JD Sports, Just Salad, Nothing Bundt Cakes, and Message in a Bottle, our portfolio continues to attract diverse and renowned businesses from coast to coast.

Goodnights Comedy Club at Village District (Raleigh, NC)

Goonights_IMG_0584-scaledPhoto: Village District

After operating as a pop-up for the past year, Goodnights Comedy Club opened its new, permanent location at Regency’s Village District in Raleigh, North Carolina. Since opening its doors in 1983, Goodnights has hosted nationally known comedians such as Jerry Seinfeld, Jay Leno, and Ellen DeGeneres.

JD Sports at Serramonte Center (Daly City, CA)

JD-Sports_2023-01-06Photo: JD Sports

Regency recently welcomed JD Sports to its portfolio at Serramonte Center in Daly City, California. Known around the world for sneakers and sportswear, JD Sports combines globally recognized brands with strong independent labels to provide an elevated customer experience.

Just Salad at Black Rock Shopping Center (Fairfield, CT)

JustSalad_334451382_166538952810199_7245510553019732455_n-1Photo: Just Salad

Just Salad, a health-conscious, fast-casual eatery, opened its first Connecticut location at Regency's Black Rock Shopping Center. The eatery aims to bring "health and sustainability" to Fairfield with a menu consisting of over 15 chef-designed salads, wraps, smoothies, and more. 

Nothing Bundt Cakes at Carytown Exchange (Richmond, VA)

NothingBundtCakes_10603591_10152442742782023_5404588835951298470_nPhoto: Nothing Bundt Cakes

At Regency’s Carytown Exchange in Richmond, Virginia, Nothing Bundt Cakes offers a modern spin on a classic treat. The popular bakery franchise handcrafts bundt cakes in a variety of flavors and sizes, and offers retail items like party supplies, décor, and gifts to help guests celebrate any occasion.

Message in a Bottle at Dunwoody Village (Dunwoody, GA)

MessageBottle_IMG_5B656E69BE79-1Photo: Message in a Bottle

Message in a Bottle, a beach-themed restaurant with a seafood-focused menu, is slated to open this fall at Regency’s Dunwoody Village in Dunwoody, Georgia. The restaurant will feature a dining room and raw bar, and transition into an open-air courtyard with a large outdoor screen and stage. On the menu, diners will find buckets of steamed shrimp, crabs, and oysters, as well as more elevated dishes like grilled grouper.

9308-fullThe strength of our first quarter results and operating trends are evidence that our business remains very healthy, supported by continued robust leasing demand,” said Lisa Palmer, President and Chief Executive Officer. “The resiliency of our asset class, combined with Regency’s high-quality portfolio, experienced team, strong balance sheet and liquidity position, and access to capital put us in an advantageous position to drive sustainable cash flow growth and to opportunistically and accretively invest capital.

Regency is thrilled to welcome our new and upcoming merchant lineup, who are adding value to our shopping centers and solidifying our position as a premier choice for businesses seeking a prime location to thrive.

To learn more about Regency's merchandising mix, visit the Fresh Look webpage.