--- title: Regency Centers Completes Acquisition of University Commons description: Regency Centers acquires H-E-B anchored center in the Austin, TX trade area. image: https://connect.regencycenters.com/hubfs/Screenshot%202024-11-06%20at%209.55.18%20AM-1.png --- - [Home](https://www.regencycenters.com/) - [Properties](https://connect.regencycenters.com/properties) - [In Development](https://connect.regencycenters.com/in-development) - [Regency](https://connect.regencycenters.com/regency) - [Contact](https://connect.regencycenters.com/contact) - [Investors](http://investors.regencycenters.com) - [Tenants](https://connect.regencycenters.com/tenants) - [Blog](https://connect.regencycenters.com/blog) - [Corporate Responsibility](https://www.regencycenters.com/corporate-responsibility) - [Leadership](https://www.regencycenters.com/leadership) - [Investors](http://investors.regencycenters.com) - [Tenants](https://www.regencycenters.com/tenants) - [Careers](https://www.regencycenters.com/regency/careers) [![Regency Centers](https://www.regencycenters.com/ResourcePackages/Regency/assets/dist/images/regency-centers.svg)](https://www.regencycenters.com/) [![Search](https://www.regencycenters.com/ResourcePackages/Regency/assets/dist/images/icon-search.svg) Properties](https://www.regencycenters.com/properties) ![Menu](https://www.regencycenters.com/ResourcePackages/Regency/assets/dist/images/icon-menu.svg) Menu - [Properties](https://www.regencycenters.com/properties) - [In Development](https://www.regencycenters.com/in-development) - [Regency](https://www.regencycenters.com/regency) - [Contact](https://www.regencycenters.com/contact) Search - [Inside Regency](https://connect.regencycenters.com/blog/topic/inside-regency) - [News Releases](https://connect.regencycenters.com/blog/topic/news-releases) - [Retailer News](https://connect.regencycenters.com/blog/topic/retailer-news) # Regency Centers Completes Acquisition of University Commons [Regency Centers](https://connect.regencycenters.com/blog/author/regency-centers) [News Releases](https://connect.regencycenters.com/blog/topic/news-releases) November 6, 2024 - [Tweet](https://twitter.com/share) Regency Centers has acquired University Commons, a 218,000 SF shopping center anchored by H-E-B. Located at the northeast corner of I-35 and University Boulevard in Round Rock, Texas. The center is 94% leased and spans 33.3 acres. This acquisition increased Regency Centers’ portfolio in the Austin metropolitan area by 1 million square feet, further solidifying its presence in this dynamic market.  This acquisition is part of Regency's ongoing expansion in the Texas market. Recent transactions in the state include acquisitions and ground-up developments of other high-performing retail centers in Austin, Houston, and Dallas, further enhancing the company's portfolio across major Texas markets. Regency Centers continues to invest in strategic properties,  reinforcing its commitment to long-term ownership and high-quality developments in one of the nation’s fastest-growing regions.  > ![Barry-Argalas Headshot](https://connect.regencycenters.com/hs-fs/hubfs/Brandfolder/Regency%20Headshots/Headshots/Barry-Argalas_500x500.jpg?width=210&height=210&name=Barry-Argalas_500x500.jpg)Opportunities to acquire dominant HEB centers in Austin are extremely rare," said [Barry Argalas, Managing Director of Transactions](https://www.regencycenters.com/employee/9306/Barry-Argalas). "University Commons aligns perfectly with our strategy of owning dominant centers with sustainable competitive advantages; both are key for long-term success and enhancing merchandising via our experienced Texas platform. > ![Patrick Krejs Headshot](https://connect.regencycenters.com/hs-fs/hubfs/Imported%20sitepage%20images/9403-full.jpg?width=210&height=210&name=9403-full.jpg)Over the last several years, our Austin portfolio has consistently outperformed expectations,  achieving an impressive 98% leased rate and underscoring the market’s strong demand for high-quality retail experiences,” said [Patrick Krejs, Managing Director](https://www.regencycenters.com/employee/9403/Patrick-Krejs). “We are thrilled to add University Commons to our growing portfolio and look forward to building on this momentum as we actively pursue further development and acquisition opportunities in the Austin area. Our commitment to investing in this dynamic market remains steadfast, and we’re  excited to bring even more value to our stakeholders and the community. For more information on Regency Centers' recent acquisitions and portfolio developments, contact [info@RegencyCenters.com](mailto:info@regencycenters.com). ##### Connect With Us [Join Our Mailing List](https://www.regencycenters.com/connect-with-us/)  > [Explore Our Markets](https://www.regencycenters.com/properties/our-markets)  > [Find a Space For Your Place](https://www.regencycenters.com/properties)  > ##### Related Stories [Jan 29 Regency Centers Acquires Mount Sinai Shopping Center in Long Island](https://connect.regencycenters.com/blog/mount-sinai-shopping-center-in-long-island) [Jul 24 Regency Centers Completes $357M Portfolio Acquisition in Southern California](https://connect.regencycenters.com/blog/regency-centers-acquisition-southern-california) [Mar 17 Regency Centers Acquires Brentwood Place Shopping Center in Nashville, TN](https://connect.regencycenters.com/blog/acquires-brentwood-place-shopping-center) [Aug 12 Regency Centers Announces Jordan Ranch Market Development](https://connect.regencycenters.com/blog/regency-announces-jordan-ranch-development) [Apr 18 Regency’s Baybrook East Wins 2024 Houston Business Journal Landmark Award in Retail](https://connect.regencycenters.com/blog/baybrook-east-houston-business-journal-landmark-award) [May 14 Regency Centers Earns 18th Consecutive First Coast Healthiest Companies Award](https://connect.regencycenters.com/blog/18th-first-coast-healthiest-companies-award) [Feb 05 Regency Centers Announces Lone Tree Village Development in Colorado](https://connect.regencycenters.com/blog/regency-centers-announces-lone-tree-village-a-king-soopers-anchored-retail-destination-serving-the-ridgegate-community) [Jan 29 Regency Centers Acquires Mount Sinai Shopping Center in Long Island](https://connect.regencycenters.com/blog/mount-sinai-shopping-center-in-long-island) [Feb 05 Regency Centers Announces Lone Tree Village Development in Colorado](https://connect.regencycenters.com/blog/regency-centers-announces-lone-tree-village-a-king-soopers-anchored-retail-destination-serving-the-ridgegate-community) [Sep 24 Regency Centers Unveils Ellis Village Center in Northern California](https://connect.regencycenters.com/blog/regency-centers-unveils-ellis-village-center-in-northern-california) [Jul 24 Regency Centers Completes $357M Portfolio Acquisition in Southern California](https://connect.regencycenters.com/blog/regency-centers-acquisition-southern-california) Subscribe [![Regency Centers](https://www.regencycenters.com/ResourcePackages/Regency/assets/dist/images/regency-centers.svg)](https://connect.regencycenters.com/) - [Careers](https://www.regencycenters.com/regency/careers) - [Investors](http://investors.regencycenters.com/) - [News](http://investors.regencycenters.com/news-releases) - [Fresh Look](https://www.regencycenters.com/regency/fresh-look) - [Tenants](https://www.regencycenters.com/tenants) - [Contact](https://www.regencycenters.com/contact) [Find a Property](https://www.regencycenters.com/properties) [Leasing Agent](https://www.regencycenters.com/contact) ![Reg Listed NYSE](https://connect.regencycenters.com/hubfs/blog2018/images/stock-ticker.svg) [Regency Centers Facebook](https://www.facebook.com/RegencyCenters) [Regency Centers Twitter](https://twitter.com/RegencyCenters) [Regency Centers Instagram](https://www.instagram.com/regencycenters/) [Regency Centers LinkedIn](https://www.linkedin.com/company/regency-centers/) MEMBER **S&P 500** Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. ©2026 Regency Centers [Terms of Service](https://www.regencycenters.com/terms-of-service) [Privacy Policy](https://www.regencycenters.com/privacy-policy) Cookie Settings ![Quantcast](https://pixel.quantserve.com/pixel/p-XHwFJLhjBpfmt.gif) ![](https://connect.regencycenters.com/hubfs/Screenshot%202024-11-06%20at%209.55.18%20AM-2.png) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Regency Centers", "url" : "https://connect.regencycenters.com/blog/author/regency-centers" }, "dateModified" : "2024-11-06T16:56:19.707Z", "datePublished" : "2024-11-06T16:41:23.000Z", "headline" : "Regency Centers Completes Acquisition of University Commons", "image" : [ "https://connect.regencycenters.com/hubfs/Screenshot%202024-11-06%20at%209.55.18%20AM-1.png" ], "mainEntityOfPage" : { "@id" : "https://connect.regencycenters.com/blog/regency-centers-completes-acquisition-of-university-commons-in-round-rock-tx", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "/hs/hsstatic/content_shared_assets/static-1.4081/img/vast.png" }, "name" : "Regency Centers" } } ```