Retail landlord Regency Centers has closed on its $1.4 billion acquisition of Urstadt Biddle Properties, merging their portfolios of primarily grocery-anchored shopping centers, a property type that's found favor with investors in recent years despite a difficult environment for deals and financing.
Two Grocery-Anchored Retail Owners Seal $1.4 Billion Merger and Target Suburbs
Regency Centers Closes on Acquisition of Fellow REIT Urstadt Biddle Properties
By Linda Moss
CoStar News
August 18, 2023 | 7:57 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Chestnut Ridge Shopping Ctr
1 Chestnut Ridge Rd, Montvale, NJ
- UB Properties
321 Railroad Ave, Greenwich, CT
- 1 Independent
1 Independent Dr, Jacksonville, FL
- Companies
- Regency Centers Corporation
Real Estate
- Global Net Lease
Real Estate
- The Necessity Retail REIT, Inc.
Real Estate
- INDUS Realty Trust
Real Estate
- Centerbridge Partners LP
Finance and Insurance