Regency Centers Corp. has been able to hold its own at a time when competing retail REITs have fallen to the wayside. The Jacksonville, FL-based company has stuck to what it knows best, that being grocery-anchored shopping centers, but is facing the same challenges as other retail landlords, particulary in its home state. As Regency prepares for the International Council of Shopping Centers’ upcoming Florida Conference, Aug. 16-18 in Kissimmee, Jim Thompson, the company’s eastern vice president of investments, discusses where the REIT stands for the time being.

GlobeSt.com: Has Regency been able to take advantage of discounted acquisitions during the ongoing downturn?

Thompson: Right now we’re being pretty cautious. Our top priority is ensuring that our balance sheet continues to be strong and that we’re not being put in any sort of debt box.

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