Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Regency Properties Receives Award for Eaton Center Project
Regency Properties received the 2024 Preble County Community Improvement Award for initiatives at Eaton Center in Eaton, Ohio, that added new retailers and modernized the appearance and functionality of the property.
“The award recognizes the unwavering commitment and collaborative efforts of individuals, organizations, and businesses dedicated to enhancing and improving our neighborhoods,” said Justin Sommer, economic development director at the Preble County Chamber of Commerce.
Regency acquired the 135,223-square-foot Eaton Center in December 2022. At the time of acquisition, the center’s lead tenants were Tractor Supply, Kroger, and Auto Zone, with the center’s vacancy at nearly 30 percent. Since then, Regency has signed leases with Goodwill, Gaia’s Blessings, and Penn Station, to improve the tenant mix and lower the vacancy to less than 20 percent.
“Regency Properties is honored to receive this award and enthusiastic for more exciting things to come,” said Kevin Hammett, President and Chief Executive Officer of Regency Properties.
There’s still time to register for the Connect Industrial Midwest 2024 event on March 5 at Joe’s Live in Rosemont, Illinois. Click here for more information and to sign up.
