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Regency Hires Shopping Center Expert for NE Expansion

Danbury, CT.-The shopping center company has its sights set on Northeast expansion after a Long Island acquisition last year.

By Rayna Katz | Updated on January 23, 2013

Danbury, CT.-Regency Centers, an owner, operator and developer of grocery-anchored and community shopping centers around the country, on Wednesday announced it has appointed Joanna Rotonde to lead its acquisitions and dispositions in the Northeast. She is charged with identifying, evaluating and structuring profitable opportunities in Connecticut, Massachusetts, New Jersey, New York and Pennsylvania. 

“Not having someone on the ground in the New York area was really a problem in terms of buying properties because the barriers to entry are high,” Rotonde tells GlobeSt.com. “The Northeast is a bit of an old boys club, you need someone pounding the pavement in order to get critical mass.”

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