Abstract
Regency Facilities Corp. is among the largest U.S. house owners, operators and builders of procuring facilities. Headquartered in Jacksonville, Florida, the corporate, together with joint ventures had 482 properties on the finish of 2024 with about 50 million sq. ft of gross leasable area. Regency’s portfolio focuses on open-air properties in city and first-ring suburban areas with excessive commerce and site visitors.
At year-end 2024, about 80% p.c of Regency’s procuring facilities had been anchored by main grocery retailer chains, reminiscent of Kroger and Publix, though different anchors embody retailers TJ Maxx and Petco. On the finish of final yr, about 20% of ABR was from grocery tenants and 43% of ABR was from anchor te