Regency Centers Acquires Four Shopping Centers in December for $188.5M

Regency Centers Corporation

announced today that prior to year end the Company acquired four properties at a total purchase price of $188.5 million. Regency's share of the total purchase price was $147.4 million. The Company also disposed of three non-strategic properties during the fourth quarter at a total sales price of $76.6 million. Regency's share of the total sales price was $49.7 million. For the full year 2012, the Company acquired $334.3 million of dominant shopping centers (Regency's share was $242.8 million) and sold $581.2 million of non-strategic assets (Regency's share was $404.9 million). Acquisition Activity Uptown District, located in San Diego, CA, was