August 8, 2016 Comments Off on Regency Closes Land, Sets Ground Breaking for $40M Village at Tustin Legacy Views: 608 California, California News, Orange County, West

Regency Closes Land, Sets Ground Breaking for $40M Village at Tustin Legacy

Jacksonville, FL-based Regency Centers Corp. closed a 20.9-acre land acquisition for The Village at Tustin Legacy, a $40-million neighborhood center within the 1,600-acre master-planned community of Tustin Legacy. Regency is selling 4 acres to Hoag Memorial Hospital Presbyterian and plans to sell 3.5 acres to HealthSouth Corp.

The retail project already has leases and commitments for 80% of the space, in advance of the ground breaking later this month. Anchored by a 44,000 square-foot Stater Bros. Market, the 112,000 square-foot center will be the 11th property for Regency Centers in Orange County.

Regency Centers’ John Mehigan says, “We are going to create something special here. We’ve spent a lot time making sure this will be a place that our neighbors are proud of and can make their own.”

Read More at Business Wire

Connect with Regency’s Mehigan

Connect with Regency’s Chris Sanchez

For comments, questions or concerns, please contact Dennis Kaiser

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