Regency Properties Buys First Center in Michigan

Regency Properties, a commercial real estate company specializing in county seat communities, recently acquired Ironwood Commons in Ironwood, Michigan.  The shopping center is Regency’s first property in the state and will add an additional 196,053 square feet to Regency’s portfolio.

The center has a variety of national and regional tenants in 10 units, including Tractor Supply Company, Dunham’s Sports, Maurices, Dollar Tree and Super One Foods.  The center also offers two outparcels that are available for future development.

“We are excited to expand our footprint to Michigan,” mentioned Jeff Howell, vice president of acquisitions and business management.  “Ironwood is a strong, well-positioned market, and Regency is excited to serve this county seat community.”