Regency Centers Acquires Roosevelt Square in Seattle, WA

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Craig Ramey

SEATTLE, WA  (BUSINESS WIRE)---- Regency Centers Corporation (“Regency” or the “Company”), a national owner, operator, and developer of grocery-anchored shopping centers has acquired Roosevelt Square, a 150,000-square foot, multi-level neighborhood shopping center in Seattle, Washington.

Anchored by Whole Foods market, this property is currently 100% leased and surrounded by powerful demographics in a premier trade area.

“This is a great asset and fit for our continued expansion in the market,” said Craig Ramey, Managing Director for Regency Centers.

Roosevelt Square, Seattle, WA

“This adds to our urban platform that we continue to build with acquisition and development of best-in-class shopping centers," Ramey said.

 "We want this place to continuously be a relevant and experiential draw for the neighboring communities, and the proximity to the University of Washington and active lifestyles will ensure that Roosevelt Square continues to be the favorite place for customers to meet friends, shop and dine.”

Roosevelt Square’s acquisition makes it the 11th addition to Regency’s presence in the market at approximately 1.5 million square feet of community-serving retail. Other properties include Broadway Market, Grand Ridge Plaza, Klahanie Shopping Center, and Sammamish Highlands.

For more information on this transaction, please contact:

Regency Centers Corporation
Eric Davidson, 904-598-7829
Communication Manager
EricDavidson@regencycenters.com
or
Craig Ramey, 503-603-4726
Managing Director, Pacific Northwest, Northern California, and Colorado
CraigRamey@regencycenters.com