JACKSONVILLE, FL-Last week, Regency Centers, a publicly-traded REIT based in Jacksonville, completed the sale of $150 million of 6% ten-year senior unsecured notes, which were not only sold, but over-subscribed, says Patrick Johnson, senior manager, capital markets at Regency Centers.

Regency Centers Corporation is a national owner, operator and developer of grocery-anchored and community shopping centers. As of March 31, 2010, the company owned 399 shopping centers and single tenant properties, including those held in co-investment partnerships. Total gross leasable area under management, including tenant-owned square footage, was 53.2 million square feet.

“A year ago, not every REIT could go to the market, because no one was doing any lending,” says Johnson. “Now, (issuing) debt is easier than a year ago,” he says.