Regency Centers Announces Balboa Mesa Shopping Center Transformation With 13 Fresh Tenants

SAN DIEGO--(BUSINESS WIRE)--

Regency Centers REG, a national owner, operator and developer of grocery-anchored community shopping centers, is proud to announce a 100% occupancy rate at their San Diego location, Balboa Mesa Shopping Center. This represents the work done by local Regency Centers' leasing agent Eric Li, who signed 13 tenants during the center's redevelopment period.

“This was a team effort,” began Li. “I worked with a great group of brokers like Reg Kobzi from CBRE Group in order to ensure that the surrounding community was getting the merchandising mix that it both wanted and needed. The redevelopment efforts sparked a new interest in the center, and I really wanted to funnel that excitement into what we are providing for the surrounding neighborhoods.”

Located in one of San Diego's highest trafficked areas, Balboa Mesa occupies over 210,000 square feet of space, and serves a 3-mile radius of nearly 130,000 people. Redevelopment of the center began on May 1^st of 2013, and in that time Regency Centers filled every single vacancy. The new tenants include Doctors Express Urgent Care, 85°C Bakery Cafe, Ototo Sushi Co, Glamour Nails, The Vitamin Shoppe, Chicken Charlie's FryBQ, The Habit Burger Grill, Pieology, Jersey Mike's Subs, Boudin SF, Great Clips, Clairemont Smiles, San Diego County Credit Union and Luna Grill. This will be the first San Diego location for the Taiwan based 85°C Bakery Cafe, and the first brick and mortar location for Chicken Charlie's, known from the San Diego County, Orange County and Los Angeles County fairs.

“This is a well-established community with a huge population. We really took a lot of time and effort early on to craft a project and merchandising plan that met the needs of the community,” continued Li. “I am proud to say that we accomplished that goal, and in November, we are planning to celebrate with the community by hosting a re-grand opening of the center where everyone can enjoy family-friendly games and food.” Additional information on the grand re-opening will be released in October.

For more information about leasing in the San Diego area, please contact Eric Li at 858-847-4600 or EricLi@RegencyCenters.com.

About Regency Centers:

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 332 retail properties encompasses over 43.9 million square feet located in top markets throughout the United States, including co-investment partnerships. Regency has developed 215 shopping centers since 2000, representing an investment at completion of more then $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.

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