Regency Centers to Acquire Equity One in $15.6B Transaction

Regency Centers Corp. and Equity One Inc. have entered into a $15.6 million definitive merger agreement. Under the agreement, Jacksonville, FL-based Regency Centers will be the surviving public company, with headquarters remaining in Florida. The combined REIT will trade on the NYSE under the ticker symbol REG.

The end result will be a REIT with an increased retail presence in California, Southeast Florida, New York and the Washington/Baltimore corridor, as well as enhanced NOI and development opportunities. The transaction is anticipated to close by early Q2 2017.

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