Regency Centers completed the acquisition of five suburban shopping centers for $357m.

Regency Centers, a REIT owning, operating and developing shopping centers, completed the acquisition of five suburban shopping centers located in Orange County, for $357m. “We are excited to expand Regency’s presence within this thriving Orange County community and to add these high-quality centers to our best-in-class operating platform. The addition of this portfolio enhances our position within one of the most supply-constrained coastal markets in the US,” John Mehigan, Regency Centers Senior Vice President.