Medford, Ore.—Regency Centers Corp., one of the nation’s largest operators of grocery-anchored shopping centers is moving forward with Phase II of its Northgate Marketplace retail project in Jackson County.
The Jacksonville, Fla.-based company recently closed on a 17.8-acre site adjacent to the existing Northgate Marketplace development at Rossanley Drive & Court Street in Medford, Ore. Phase I of the development encompasses 80,900 square feet of retail space and is 100 percent leased to various tenants, including Trader Joe’s, REI, Petco and ULTA Beauty.
The approximately 180,000-square-foot addition will be located across from Rogue Valley Mall, which is home to tenants such as Kohl’s, Macy’s, Target, Chico’s, and JCPenney. Incorporating a newly added plaza and gathering area, the building will house a variety of retailers, including HomeGoods, Dick’s Sporting Goods, Field & Stream and The RAM.
This is an excerpt from an article posted on the Commercial Property Executive. For complete article, click here.