Costa Verde Center | San Diego, CA
Each center has
a story as unique
as the people and
communities who
bring it to life – no
two are the same.
W H O I S R E G E N C Y.
Regency Centers began in 1963 with one property, from one determined
husband and wife team in Jacksonville, Florida. Through their efforts,
allies, and skillsets they were able to bring the first regional shopping mall
to the southeast. All of this was accomplished with a set of values that
would create the foundation of Regency Centers, which now encompasses
more than 400 properties in nearly 25 markets across the nation.
O U R C O R E V A L U E S.
Our Core Values sit at the heart of everything we do. They lead to stronger
relationships, trust, and better business. Our regional teams are encouraged to be their own problem solvers, with consideration to the following:
We are our people.
We do what is right.
We are responsible.
We connect with our communities.
We strive for excellence.
We are better together.
J O A N & M A R T I N E . S T E I N
National
but Individual
Regency is a collection of regional offices,
located in dominant markets, run by local experts in their field. Each market is different, which is why we empower individuals to use their own acumen, experience, and tactics to achieve success.
This is bolstered by our Fresh Look® philosophy, which encourages creative combinations of connecting, placemaking, and merchandising. It is crucial that our local teams strike a balanced mix of these elements to create the best centers possible.
R E G E N C Y A T A G L A N C E.
Brick Walk | Bridgeport, CT
411
Centers
56M +
SF Nationwide120,000
Average Population*$96,000
Average Household Income*$650/SF
Average Grocer Sales
240
Shopping Centers Developed Nationally Since 2000$319M
In Projects Currently Under Construction (3 Ground-Up and 11 Redevelopments)
93%
Same Property Percent Leased Average
22
Market Offices
92.3%
Nationally Leased9,000 +
Tenants$11B +
Total MarketCapitalization
A T M O S P H E R E
.As destinations and gathering
places for the surrounding
communities, our properties
need to feel familiar and organic.
Creating a unique and inviting atmosphere is crucial to our success, no matter the center’s location. This is achieved with a balanced approach that combines various aspects important to our long-term ownership. Everything from the merchandising to the architectural design needs to work as an enhanced extension of the area. This requires a deep understanding of the market, as well as a genuine care for the outcome and operation of any project.
Creating a sense of
place is what gives a
center its identity, which
is first defined by the
surrounding community.
P L A C E M A K I N G.Placemaking is a key element of our Fresh Look® philosophy. It is the process of incorporating design, architecture, and aesthetics into the bones of a center. Various materials, lighting, and greenery are woven together to achieve the right look and feel for the surrounding community. Culture plays an important part in determining the personality of a center and how it is used. How visitors interact with a property, and how that property fits into the overall market helps define the direction of the design. The center must feel like a natural and organic fit within its location, and it takes the combined expertise and experience of our local experts to determine that plan of action.
S U S T A I N A B I L I T Y.
The buildings that provide the truest sense of character and atmosphere are those already built. Unless there is a direct need to address the infrastructure of a building, we often find sustainable and creative ways to reuse the existing spaces. In certain cases, we even engage in historic preservation efforts to ensure the feel and culture of a center remains intact.
The environment in which we operate can substantially govern the atmosphere of a center. Depending on the region, we facilitate sustainable initiatives including drought-resistant plants and green spaces, electric charging stations, and LED lighting. This includes the largest Tesla Charging Station in the nation, as well as a prolific country-wide solar-panel installation program. We also employ a CAPX program which allows us to be unparalleled stewards of our properties by updating and enhancing our centers on a rolling schedule.
E X P E R I E N C E
.Creating a lasting
and inviting experience is no
simple task. We approach it
through a unique strategy
and balanced mindset.
For us, experience can be defined as a visitor’s participation in the atmosphere. This includes shopping, dining, meeting friends, and attending any of our on-site events. Our centers aren’t just there to provide goods and services, they are places where people can connect.
M E R C H A N D I S I N G.
Merchandising is another key element of our Fresh Look® philosophy. Our regional teams focus on the right concept to complement a center’s existing components. When national retailers are combined with dynamic local merchants, mom-and-pops, and expanding regionals; a powerful balance is reached for our visitors. This creates an 18-hour experience that is reflective of the surrounding lifestyle needs.
Dynamic events that create a continued draw foster an ongoing relationship between our visitors and their experiences. We source local talent and experience providers to give people more reasons to consider our centers a “third place,” and a second home in their community.
We employ various social media channels to reach the surrounding community. Visitors are encouraged to share their experiences with us, while we simultaneously promote new events, merchant announcements, and important center updates. This creates a relationship between us and the surrounding neighborhoods, as well as with our merchants who are active on these channels.
Melrose Market | Seattle, WA Mellody Farm | Chicago, IL
As new generations
move to the forefront
we have to ensure
our properties are a
long-term draw.”
C O N N E C T I V I T Y
.Connecting to our communities
is a physical, digital, and mental
state of being.
Our properties become part of people’s lives and we take great care to ensure they are well maintained, easy to access, reflective of lifestyles, transparent in communication, and safe for our shoppers. It’s important that we always strive to do what is right as we look to transform a “property” into a “place.”
C R E A T I N G A P L A C E.
Before any relationship can be built, it is crucial that we understand the culture of our communities. These range from urban to suburban, with a wide variety of lifestyles, preferences, and even architectural identities. As young people and empty-nesters find themselves
seeking connectivity, many lifestyle needs are being met by mixed-use concepts and communities. Life sciences, technology companies, and other potential office uses are looking for ways to be close to new talent, while also being central to other amenities that make the location desirable. Rather than just daytime, these properties stretch the activity into nights and weekends, providing a true 18-hour cycle.
C R E A T I N G C O N V E N I E N C E.
Access to our centers is key. Major thoroughfares and public transportation ensure steady
traffic. We often engage directly with the local municipalities and state governments to provide enhancements to thoroughfares and ensure smoother traffic patterns.
It is crucial to have
early and ongoing
dialogue with our
communities during
every phase of a project.”
— Jan Hanak, Vice President, Marketing and Communications.We want people to share their experiences with us on social media, even if they have a concern or complaint. Responsible community management includes being available and responsive on all channels. Our goal is to ensure safety and satisfaction by creating that open dialogue and connecting, wherever possible.
Trust is key to any relationship, which is why we strive for transparency. Our goals and plans are clearly communicated wherever possible, sometimes requiring an open house in order to put our team squarely in front of the community. This provides valuable feedback from our neighbors and local stakeholders.
A C Q U I S I T I O N S A N D
D I S P O S I T I O N S
.The type of centers we like
to build are also the type
we are interested in acquiring.
Properties that have an identity and brand loyalty outperform the competitive set. Through our capital recycling, we are able to fund
acquisitions through a thoughtful disposition program that has resulted in a meaningful upgrade to the overall quality of our portfolio. This has long been a key component to Regency’s investment strategy.
A C Q U I S I T I O N C R I T E R I A.
Individual properties or portfolios.
High-growth urban neighborhood and community retail including value-add opportunities.
Dominant anchors, with a preference towards grocers.
Household incomes and population counts that exceed the market averages.
Located in major metropolitan areas throughout the U.S.
K E Y B U Y I N G A D V A N T A G E S.
All cash buyer with strong balance sheet.
Certainty of closing.
Joint venture and tax advantageous programs available.
The Gallery At Westbury Plaza | New York, NY Market Common Clarendon | Arlington, VA
T R A N S A C T I O N S T E A M.
Barry Argalas
Senior Vice President, National Transactions and Investment Strategy
[email protected] 904 598 7000. Renée Wager Manager, Transactions [email protected] 904 598 7304.
Our strategy is to find
centers that offer the most
dynamic combinations
of merchandising,
placemaking, and location.”
F E A T U R E D
A C Q U I S I T I O N S
.T H E P R U N E Y A R D Campbell, CA | 258,118 SF.
Iconic and historic location, sitting in close proximity to the most affluent neighborhoods in the west side of Silicon Valley.
Anchored by Trader Joe’s and located at the highly-trafficked intersection of Campbell Avenue and Bascom Avenue.
Retail benefits from 360k SF of office and a 171-key Hilton banner hotel.
Acquired off-market.
T O W N A N D C O U N T R Y C E N T E R Los Angeles, CA | 230,230 SF.
Extraordinary urban location in Los Angeles, directly across the street from Caruso’s The Grove (second highest grossing mall in
the U.S.) with strong demographics.
Ripe for redevelopment, given near-term expiration of three-story Kmart lease.
Acquired off-market.
M E L R O S E M A R K E T Seattle, WA | 21,084 SF.
Melrose Market is an industrial, chic center with a diverse merchant mix located in the heart of Capitol Hill — Seattle’s most dynamic and densely populated trade area.
Extreme high-growth trade area with excellent access and visibility.
Located at I-5 and major I-5 overpass; one block from I-5 interchange and across from high-end Starbucks Reserve Roastery.
