Regency Properties Acquires Fully Leased Muncie Towne Plaza
By Michael Millar— EVANSVILLE—Regency Properties, a retail property investment and management firm, has acquired Muncie Towne Plaza, a 173,773 square foot shopping center located in Muncie, Indiana. The acquisition underscores Regency’s acquisition philosophy as a “county seat” community retail property investor. Muncie Towne Plaza, developed in 1997 and renovated in 2005, is fully leased to national tenants. Tenants include Kohl’s, TJ Maxx, Old Navy, Ulta Beauty, and Shoe Carnival. The center is located on East Princeton Avenue, approximately one-half mile…
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