REG · 8-K · 20261105PR450159
Acquisitions and Partnerships
REGENCY CENTERS CORP · 2026-11-05 · Importance 52 · Surprise 42 · In source text
Regency acquired two shopping centers during the quarter for a combined $101 million gross purchase price, or approximately $42 million at Regency’s share. Franklin Crossing in Franklin Lakes, New Jersey, was acquired for $27 million on July 8, 2026. Cornerstone at Westford, a 236,000-square-foot center in suburban Boston, was acquired through a joint venture for $74 million, or approximately $15 million at Regency’s share. After quarter-end, Regency acquired Hanover Village in Richmond, Virginia, for approximately $14 million.
Key facts
- On July 8, 2026, Regency acquired Franklin Crossing in Franklin Lakes, New Jersey, an 88,000-square-foot Stop & Shop-anchored shopping center, for $27 million. source
- On July 14, 2026, Regency acquired Cornerstone at Westford, a 236,000-square-foot Market Basket-anchored shopping center in suburban Boston, through a joint venture for $74 million, or approximately $15 million at Regency’s share. source
- After quarter-end, on October 1, 2026, Regency acquired Hanover Village in Richmond, Virginia, a 90,000-square-foot Aldi-anchored shopping center, for approximately $14 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | — | On July 8, 2026, Regency acquired Franklin Crossing in Franklin Lakes, New Jersey, an 88,000-square-foot Stop & Shop-anchored shopping… |
| assets | positive | realized | — | On July 8, 2026, Regency acquired Franklin Crossing in Franklin Lakes, New Jersey, an 88,000-square-foot Stop & Shop-anchored shopping… |
| assets | positive | realized | — | On July 14, 2026, Regency acquired Cornerstone at Westford, a 236,000-square-foot Market Basket-anchored shopping center in suburban… |
| cash | negative | realized | — | On July 14, 2026, Regency acquired Cornerstone at Westford, a 236,000-square-foot Market Basket-anchored shopping center in suburban… |