Regency Centers : Acquires Long Island Portfolio for $130 Million

Published: 2022-01-12 09:16:33 ET REG

Today, Regency Centers announced the acquisition of a four-property portfolio on Long Island, NY from Serota Properties for a total purchase price of $130 million and 100% ownership. Combined, these four grocery-anchored neighborhood centers represent nearly 400,000 square feet of quality retail in premier locations. Regency now owns and operates 30 properties in the greater New York-New Jersey-Long Island trade area.

The properties acquired by Regency Centers include:

Aaron Malinsky, a partner of BTF Capital, and Kenneth Schuckman, President of Schuckman Realty, worked alongside Regency Centers providing consulting services on both sides of the transaction. These centers will be exclusively leased by Schuckman Realty on behalf of Regency Centers, bringing their total leasing representation for Regency to six properties.

For leasing opportunities, contact Sean Mirkov at [email protected].

Disclaimer

Regency Centers Corporation published this content on 12 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 January 2022 14:15:09 UTC.