Regency Properties, a commercial real estate company specializing in county seat communities, recently acquired Raceway Mall in Knoxville, Iowa. The shopping center is Regency’s first property in Iowa and will add an additional 43,112 square feet to Regency’s portfolio.
Raceway Mall is Knoxville’s dominant shopping center and is anchored by the newly renovated Hy-Vee grocery store. Knoxville, Iowa, county seat to Marion County, is also home to the National Sprint Car Hall of Fame & Museum. The shopping center is located directly across from the Marion County Fairgrounds and Knoxville Raceway. Regency Properties plans on spending over $250,000 in renovations for this center. Renovations are scheduled for 2017-2018 and include improvements to the parking lot, pylon sign, and exterior façade.
“We are excited to expand our footprint into Iowa,” said Jeff Howell, Senior Vice President and Chief Investment Officer. “We are working to grow more in the Midwest and this is a great center that fits perfectly into our portfolio.”
Regency Properties, a commercial real estate company specializing in county seat communities, recently acquired Fairfield Square in Winnsboro, South Carolina. The shopping center is Regency’s first property in the state and will add an additional 105,855 square feet to Regency’s portfolio, which now includes properties in 16 states.
Fairfield Square is a grocery anchored center with several national and regional tenants such as IGA Food Store, CVS, Hibbett Sports, and Roses Express. It is planned to spend approximately $250,000 on renovations for this center. This center is centrally located at the intersection of US Highway 321 Bypass and West Moultrie Street, enabling the property to serve the greater Winnsboro trade area.
“We are thrilled to be expanding our footprint to Winnsboro, South Carolina,” said Jeff Howell, Senior Vice President and Chief Investment Officer. “We currently have a strong presence in the Midwest and Southeast and are excited to grow into more county seat communities.”
Regency Properties, a commercial real estate company specializing in county seat communities, announces the addition of Joann Guest as Tenant Accounting Specialist. In this newly-created position, she will be responsible for posting accounts receivable, fielding tenant accounting inquiries and performing tenant account reconciliations for Regency’s tenants.
Guest, an Evansville native, has over 10 years of administrative and customer service experience. Previously, she worked as an Accounting Coordinator at Verification Services and most recently was an Administrator/Cash Processor with Berry Plastics.
“We are excited to welcome Joann,” remarked Barry Paddock, Controller. “Tenant satisfaction is crucial to our success and Joann will be an excellent addition to our award-winning tenant service team.”
Regency Properties, a commercial real estate company specializing in county seat communities, welcomes the class of 2017 summer interns. Each year Regency allows a select group of talented college students to shadow Regency employees, gaining valuable experience and insight in a corporate setting, while supporting Regency’s unique mission and vision.
Joe Eckerman, an Avon, Indiana native, is a senior at Indiana University’s Kelley School of Business. He anticipates graduating in December 2017 with a degree in finance, real estate, entrepreneurship and corporate innovation. Eckerman will serve as the intern for Regency’s business management division.
, a Fort Branch, Indiana native, is a junior at the University of Southern Indiana where she serves as the financial vice president assistant of her sorority, Gamma Phi Beta. She anticipates graduating in May 2019 with a degree in accounting. Fuhs will serve as the accounting and finance division intern.
, a Carmel, Indiana native, is a junior at the University of Southern Indiana. She is pursuing a degree in accounting and finance with an anticipated graduation date in May 2018. Selvio will intern with Regency’s acquisitions department.
, a London, England native, is a senior at the University of Southern Indiana and plays on the soccer team. Eklof anticipates graduating in December 2017 with a bachelors of science degree in business administration and a minor in accounting. He will be interning for Regency’s leasing department.
Regency Properties, a commercial real estate company that specializes in county seat communities, recently acquired Eufaula Square in Eufaula, Alabama. The acquisition is a 114,275-square foot shopping center and is Regency’s second property in Eufaula. The property is located across the street from Regency’s first shopping center, Eufaula Towne Center. With the addition of Eufaula Square, Regency now owns over 207,000 square feet of retail space in the Eufaula community. Eufaula Square is in the primary retail area and has the dominant grocery store, Winn-Dixie, for the trade area. This property features a diverse mix of national and regional tenants including, Tractor Supply, Hibbett Sports and Goody’s.
Regency Properties has multiple exterior upgrades planned for the property including a renovation of the façade and improvements to the parking lot. The upgrades, totaling over $300,000, are anticipated to be complete by the end of the year.
“Eufaula’s vibrant economy makes it an ideal community for a second acquisition,” stated Jeff Howell, Senior Vice President and Chief Investment Officer. “Regency is excited to begin renovations and utilize our expertise working in county seat communities to bring more nationally-recognized retailers to shoppers in Eufaula.”