Regency Plaza

MULTIPLE VALUE CREATION OPPORTUNITES

48% OCCUPIED

• Over 66,000 SF of vacant GLA across 14 suites

OPPORTUNITY TO LEASE ANCHOR VACANCY TO GROCER

• Former Dominick’s suite has received LOI interest from a national grocery brand and an ethnic grocer over the last 6 months

POTENTIAL TO BIFURCATE

• Fifth Third Bank on separate tax parcel creates spin-off opportunity at accretive cap rate

STRONG LEASING MOMENTUM I 3 NEW LEASES ACROSS 26,632 SF

DOLLAR TREE (BAA2) OPENED IN 2023 AND REPRESENTS 8% OF INCOME

NEW TRUE VALUE LEASE WITH CORPORATE BACKING

• Formerly leased to franchisee
• 1,350 SF suite increase
• Joyce’s Driving School relocated to accommodate expansion, showcasing each tenants’ commitment to the asset

STRONG TENANT LINEUP WITH LARGELY NATIONAL TENANCY

89% OF OCCUPIED GLA AND 86% OF INCOME DERIVED FROM NATIONAL BRANDS

CURRENT OWNERSHIP’S COMMITMENT TO THE ASSET

RECENT IMPROVEMENTS TO THE CENTER INCLUDE BUT ARE NOT LIMITED TO REMODELING SUITES, REPLACEMENT OF HVAC SYSTEMS, TUCKPOINTING, AND MASONRY WORK