Regency Properties, a commercial real estate company specializing in County Seat Communities, announces the addition of Hobby Lobby to their national tenant lineup at Lumberton Towne Centre in Lumberton, NC.  Lumberton Towne Centre is a 122,992 square foot shopping center located on Fayetteville Road that is fully leased with the addition of Hobby Lobby.

Hobby Lobby is a national retailer, primarily an arts-and-crafts store but also includes hobbies, picture framing, jewelry making, fabrics, floral and wedding supplies, cards and party ware, baskets, wearable art, home accents and holiday merchandise. The store is expected to open in late summer 2019.

“We offer a wide and ever-changing variety of craft and home decor products including many exclusive Hobby Lobby brands,” stated Kelly Black, Director of Advertising. “First-time shoppers in Lumberton will be pleasantly surprised at the store size and the exceptional service provided by our trained associates.”

“Regency is proud to bring such an excellent tenant like Hobby Lobby to the community of Lumberton,” stated Jim Wittman, Senior Vice President and Chief Operating Officer. “Lumberton Towne Centre has a great tenant mix and adding Hobby Lobby will make it the retail shopping hub for the area.”

“We hated to see Lowe’s announce they were closing last year; however, the addition of Hobby Lobby will be a true asset to our city and our regional shopping,” stated Bruce Davis, Mayor of Lumberton.  “Thanks to Regency Properties and their efforts to keep Lumberton Towne Centre full of tenants that the community will support.”

Regency Properties, a commercial real estate company specializing in County Seat Communities, announces the addition of T.J. Maxx to their national tenant lineup at Germantown Shopping Center in Jasper, Indiana.

T.J. Maxx is a national retailer that carries a wide range of merchandise. The TJX Companies is the leading off-priced apparel and home fashions retailer in the U.S and worldwide. Its other subsidiaries are Marshalls, HomeGoods, and Sierra Trading Post in the United States.  T.J. Maxx will occupy approximately 22,000 square feet at Germantown Shopping Center, replacing a portion of Carson’s. T.J. Maxx plans to open its doors in September 2019.

In October 2017, Regency announced the addition of Harbor Freight and JOANN Fabric and Crafts to this shopping center. These two anchor tenants have increased the foot traffic and tenants’ sales over all for Germantown Shopping Center.

“Being able to take a negative store closing and fill the large vacancy with a national tenant the caliber of T.J. Maxx, speaks volume to the type of city Jasper is as a whole,” stated Jim Wittman, Senior Vice President and Chief Operating Officer.  “T.J. Maxx will be an excellent addition to Germantown Shopping Center, and we are excited for their future.”

“The support from the community of Jasper to have T.J. Maxx as a new retailer in our city is overwhelmingly positive. While having lost a few retailers over the past 12-18 months, this new addition will be a true asset to our city and our regional shopping,” stated Nancy Eckerle, Executive Director of Jasper Chamber of Commerce.  “Thanks to Regency Properties and their enormous efforts to fill vacancy with tenants that the citizens of Jasper will support.”

There is a limited number of spaces available for lease at Germantown, as well as one development opportunity in the outlot. The center is located directly across the street from Wal-Mart and is the dominant retail center in the market.

 

 

Regency Properties, a commercial real estate company specializing in County Seat Communities, is pleased to announce and welcome Sean Downs as Staff Accountant. Sean will be responsible for assisting with month-end processes, balance sheet reconciliations, real estate taxes and insurance in the Accounting Department.

Downs is a Morganfield, Kentucky native and moved to Evansville, Indiana nearly 18 years ago. He graduated from Western Kentucky University in Bowling Green, Kentucky where he earned his Bachelor of Science in Accounting.  He has over 15 years of accounting experience in previous positions with SS&C Technologies, Azimuth, and Shoe Carnival in Evansville, Indiana.

“Sean will be a great addition to our accounting team,” stated Barry Paddock, Controller. “His previous work experience will be an asset for Regency as we continue to grow our portfolio.”

Regency Properties, a commercial real estate company specializing in County Seat Communities, recently acquired their first retail shopping center in Tennessee.

Kimball Crossing, 285,268 square foot retail shopping center, is located at 525 Kimball Crossing Drive in Kimball, TN. Kimball Crossing is the dominant shopping center in the city and is anchored by Wal-Mart and Goody’s, the center also features a good mix of national shops including, Goodwill, Hibbett Sports, Cato, and Dollar Tree.

“We are excited to expand our national footprint to Tennessee,” stated Senior Vice President and Chief Investment Officer Jeff Howell.  “Kimball Crossing is a well-positioned shopping center that is a great example of our County Seat Program.”

Regency Properties, a commercial real estate company specializing in County Seat Communities, recently acquired two centers in Elkins, WV and one center in Summersville, WV. With this acquisition, Regency now owns and manages four properties in West Virginia including Country Roads Plaza in Hinton. The three centers will add a combined total of 319,194 square feet to Regency’s growing portfolio.

Merchants Walk in Summersville, WV, is a 145, 127 square foot retail shopping center.  This shopping center has a great mix of national and regional tenants which include: Dollar Tree, AT&T, Hibbett Sports, Peebles, and Anytime Fitness. There are a few spaces available for lease in this center.

Valley Pointe in Elkins, WV, is 118,379 square feet and is anchored by Peebles.  The center also features regional and local tenants such as Mattress Warehouse, Game Stop, El Herradura, and GNC.

The Plantation in Elkins, WV, is a 55,688 square feet shopping center anchored by Goodwill.  This retail shopping center has a strong line up of national tenants such as Dollar Tree, Anytime Fitness, and Cricket Wireless.  The daily average traffic count for this center is 19,553.

“We are thrilled to have closed on the West Virginia portfolio,” stated Chris Folz, Director of Acquisitions.   “We are eager to increase our concentration in this area.”