Regency Centers upgrades Carriage Gate

Tallahassee, Fla. -- Jacksonville, Fla.-based Regency Centers has announced the completion of two new anchor leases and the renovation of Carriage Gate, a 78,583-sq.-ft. neighborhood center, located in Tallahassee, Fla.

New to the market, Trader Joe’s will open a 13,000-sq.-ft. store in 2013.  In addition, Regency secured a long-term lease with existing anchor T.J. Maxx, which was formerly subleasing the 25,600-sq.-ft. space.  Built in 1978, the center will be renovated with a new exterior façade and awnings, plus the parking lot will be reconfigured for improved traffic flow and additional parking.

Tenants will remain open during construction, which will begin in January 2013. As part of Regency’s greengenuity program to reduce the environmental impact of developing and operating shopping centers, the project will incorporate basic sustainable elements such as recycling building materials and employing environmentally friendly paint and coatings.