JACKSONVILLE, FL, April 12, 2013--(BUSINESS WIRE)-- Regency
Centers Corporation (“Regency”) announced today that it and its partners, as
previously discussed, have elected to sell all of the assets (the “Portfolio”)
owned in Regency Retail Partners, LP (the “Fund”).
The Portfolio is under contract and once the transaction
closes, the Fund, of which Regency has a 20% interest, will be dissolved.
Further details will be disclosed once the disposition is complete, which is
expected to occur by the end of the third quarter due to a number of secured
loan assumptions.
For a complete copy
of the company’s news release, please contact:
Regency Centers Corporation
Patrick Johnson
904-598-7422
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