Regency Centers has announced the acquisition of The District at Metuchen, in Metuchen, New Jersey. This 66,000-square-foot center is anchored by Whole Foods Market and located in the vibrant downtown of the trade area. It lies less than two miles from the I-287 and I-95 interchange; two of Metro New York's major arteries. Neighboring the site is the Metuchen station and the Metropark station, servicing a combined 11,000 commuters each weekday.
This week, Regency Centers and its co-investment partner, announced the acquisition of 201,000 square feet of premier retail in Orlando, Florida. Plaza Venezia is anchored by Publix and situated in one of the premier trade areas of the city.
Regency Centers Corporation and Equity One, Inc. announced that they have entered into a definitive merger agreement (“Agreement”) under which Equity One will merge with and into Regency, with Regency continuing as the surviving public company and creating the preeminent shopping center Real Estate Investment Trust (“REIT”).
Jacksonville, FL-based Regency Centers acquired Seattle, WA-based Klahanie Shopping Center for $36 million. This acquisition has bolstered Regency’s footprint in the Puget Sound area. Other important centers in the area include Sammamish Highlands, Grand Ridge Plaza in Issaquah, Broadway Market and Pine Lake Village.
Regency Centers Corporation a national owner, operator, and developer of grocery-anchored shopping centers, has announced the acquisition of Market Common Clarendon, in Arlington, VA. This mixed-use property, purchased in an agreement with AvalonBay Communities, features 300 class A apartment homes, 300,000 square feet of retail anchored by Whole Foods Market, Apple, Crate & Barrel, The Container Store, Pottery Barn, Williams-Sonoma, and an adjacent vacant building identified for future redevelopment.