Regency Properties, an Evansville, Indiana based commercial real estate company, has just acquired Town and Country Shopping Center. The nearly 68,250 square foot shopping center is located at 1120 Warm Springs Highway in Manchester, Georgia. It is the primary retail center in the area, featuring Pic n Sav grocery store, Maxway discount store and a variety of restaurants, and professional services.
Regency Properties will renovate the exterior of the shopping center this year. These improvements will give the shopping center a new look and provide shoppers with an improved shopping experience. There will also be additional retail spaces available to new tenants.
Manchester Mayor Anthony Clifton commented “It is my pleasure to welcome Regency Properties to our city. I can assure our community the company will be outstanding corporate citizens. I have worked with Jim McKinney, Regency Properties CEO and his management team prior to the purchase and have realized they are shopping center professionals who will convert Town and Country Shopping Center into an outstanding, quality property. This project will create jobs during the renovation and also when the complex is full of retail businesses. The City of Manchester will gain additional sales tax to continue expanding our infrastructure to draw more retail and industrial investors. Thank you Regency Properties for choosing to invest your capital funds in our City, Manchester, Georgia.”
“We are very pleased to be a part of the vibrant Manchester community,” said Regency Properties’ CEO Jim McKinney. “We will invest about $400,000 in upgrades to Town and Country Shopping Center which will provide a very pleasant and attractive shopping experience for the community.”
Regency Properties develops, manages and leases commercial properties in middle American county-seat communities in Alabama, Georgia, Mississippi, South Carolina, Illinois, Kentucky and Indiana. For over 50 years, the company has endeavored to provide continually upgraded and improved commercial centers in the seven states it serves.