ANTHEM, AZ-UPDATE-Regency Centers, a REIT headquartered in Jacksonville, FL, ended its decade-long hold of the 113,293-square-foot Anthem Marketplace, selling it to Whitestone REIT for $23 million. Jan Fincham and Patrick Dempsey of Lee & Associates brokered the transaction between the seller and Houston buyer.
Dempsey tells GlobeSt.com that Regency acquired the asset at 3655 W. Anthem Way in 2003 from Pederson Group. He adds that he and colleague Fincham had negotiated that transaction as well.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
