Regency Centers Announces the Acquisition of Klahanie Shopping Center in Seattle, Washington
Regency Centers Corporation (“Regency”), a national owner, operator, and developer of grocery-anchored shopping centers, has
announced the acquisition of Klahanie Shopping Center, which was acquired on a wholly owned basis for a gross purchase price of $36
million. Anchored by a 40,000 square foot retailer-owned Quality Food Centers (“QFC” – a Kroger banner), the center includes an
additional 67,000 square feet of space leased to a compelling mix of national and regional retailers.
“Klahanie Shopping Center is a terrific asset that we are very excited about,” said Craig Ramey, Managing Director for Regency
Centers. “Its proximity to an affluent master planned community and diverse tenant mix make it the perfect complement to our
growing Seattle portfolio of highly productive urban and suburban grocery-anchored and mixed-use properties.”
With this acquisition, Regency now owns 11 properties in the Puget Sound area, including Grand Ridge Plaza in Issaquah,
Sammamish Highlands, Broadway Market and Pine Lake Village.
For property inquiries, please contact Craig Ramey at 503-603-4700, or at craigramey@regencycenters.com.
About Regency Centers Corporation (NYSE:REG)
With more than 50 years of experience, Regency is the preeminent national owner, operator, and developer of high-quality,
grocery-anchored neighborhood and community shopping centers. The Company’s portfolio of 314 retail properties encompasses more
than 40-million square feet located in top markets throughout the United States, including co-investment partnerships. Regency has
developed 222 shopping centers since 2000, representing an investment at completion of more than $3 billion. Operating as a fully
integrated real estate company, Regency is a qualified real estate investment trust that is self-administered and self-managed.
Regency Centers Corporation
Eric Davidson, 904-598-7829
Communications Manager
EricDavidson@RegencyCenters.com
or
Craig Ramey, 503-603-4700
Managing Director – Pacific Northwest and Northern California
CraigRamey@RegencyCenters.com
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