Regency now expects 2026 development and redevelopment starts to approach $400 million, increasing the near-term growth pipeline.
The Berkman at Durbin Park ground-up project will be anchored by Whole Foods and TJ Maxx in a Jacksonville master-plan community.
Regency raised its full-year same-property growth outlook by 40 basis points at the midpoint, with both ends of the range increased.
Commenced occupancy is expected to keep improving as the gap between leased and commenced narrows during the year.
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