Real estate editor Al Urbanski of Chain Store Age recently reached out to Hap Stein, Regency's Chairman and CEO to ask him, along with a list of top real estate executives, “If you met a retailer at a cocktail party, and he or she asked you to name the single biggest challenge they’d face in brick-and-mortar in 2017, what would you say?”
This week, Regency Centers announced a new ground-up development in Houston, Texas, The Village at Riverstone, with estimated net development costs of approximately $30.5 million. The center will offer 165,000 square feet of retail, and features a 100,000 square foot Kroger and other best-in-class national and regional retailers. Riverstone, the fastest growing master-planned community in Houston, boasts attractive demographics and has already pre-sold approximately 80% of available homes, with an average sales price of nearly $600,000.
The International Council of Shopping Centers (ICSC) Texas Conference will kick off Oct. 5, 2016, in Dallas, TX. Join us as we sit down with Patrick Krejs Regency’s Senior Vice President, Senior Market Officer to learn about the dynamic Texas commercial real estate market. Patrick joined Regency in 1996 and currently oversees the leasing and operations of 95 properties, as well as the development and acquisition of new projects, in 10 central states.