Amendment No. 2 to the Equity Distribution Agreement, dated May 8, 2020, among Regency Centers Corporation, Regency Centers, L.P., Mizuho Markets Americas LLC and Mizuho Securities USA LLC

EX-1.2 3 d166682dex12.htm EX-1.2 EX-1.2

Exhibit 1.2

REGENCY CENTERS CORPORATION

AMENDMENT NO. 2 TO THE

EQUITY DISTRIBUTION AGREEMENT

May 8, 2020

Mizuho Securities USA LLC

1271 Avenue of the Americas, 3rd Floor

New York, New York 10020

Mizuho Markets Americas LLC

1271 Avenue of the Americas, 3rd Floor

New York, New York 10020

Ladies and Gentlemen:

Reference is made to the Equity Distribution Agreement dated May 17, 2017 (as amended from time to time, the “Agreement”), among Regency Centers Corporation, a Florida corporation (the “Company”), Regency Centers, L.P., a Delaware limited partnership (the “Partnership”) and Mizuho Securities USA LLC (the “Agent”). In consideration of the mutual promises and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company, the Partnership and the Agent hereby agree to enter into this Amendment No. 2 to the Agreement, dated the date hereof (the “Amendment No. 2”), with the purpose of amending certain terms of the Agreement, which include admitting Mizuho Markets Americas LLC to the Agreement as a purchaser under any Forward Contract (as defined in the Agreement) (the “Forward Purchaser”) and Mizuho Securities USA LLC as agent for the Forward Purchaser in connection with the offering and sale of any Forward Hedge Shares (as defined in the Agreement) (the “Forward Seller”).

SECTION 1. Definitions. Unless otherwise defined herein, capitalized terms used herein shall have the respective meanings assigned thereto in the Agreement.

SECTION 2. Amendment of the Agreement.

(a) The first paragraph of the Agreement shall be replaced in its entirety as follows:

Regency Centers Corporation, a Florida corporation (the “Company”), which is the general partner of Regency Centers, L.P., a Delaware limited partnership (the “Partnership”), confirms its agreement (this “Agreement”) with Mizuho Markets Americas LLC (in its capacity as purchaser under any Forward Contract (as defined below), the “Forward Purchaser”) and Mizuho Securities USA LLC (in its capacity as agent for the Company and/or principal in connection with the offering and sale of any Issuance Shares (as defined below) hereunder, “Agent,” and in its capacity as agent for the Forward Purchaser in connection with the offering and sale of any Forward Hedge Shares (as defined below) hereunder, the “Forward Seller”), as follows:


(b) The first six paragraphs of Section 1, Description of Shares, shall be replaced in their entirety as follows:

The Company has authorized and proposes to issue and sell, in the manner contemplated by this Agreement, shares of the Company’s common stock, par value $0.01 per share (“Common Stock”) upon the terms and subject to the conditions contained herein. The issuance and sale of the Shares (as defined below) will be effected pursuant to the Registration Statement (as defined below) filed by the Company under the Securities Act of 1933, as amended (collectively with the rules and regulations thereunder, the “Securities Act”), although nothing in this Agreement shall be construed as requiring the Company to use the Registration Statement to issue the Shares.

The Company has filed, in accordance with the provisions of the Securities Act, with the Securities and Exchange Commission (the “Commission”) an automatic shelf registration statement on Form S-3 (File No. 333-217081) (the “Original Registration Statement”), including a base prospectus, relating to certain securities, including the Shares to be issued from time to time by the Company, which shelf registration statement became effective upon filing under Rule 462(e) of the Securities Act and which incorporates by reference documents that the Company has filed or will file in accordance with the provisions of the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder (collectively, the “Exchange Act”). The Company has prepared a prospectus supplement to the base prospectus included as part of the Original Registration Statement specifically relating to the Shares (the “Original Prospectus Supplement”). Except where the context otherwise requires, the “Registration Statement” refers to (i) initially, the Original Registration Statement and (ii) on and after the date on which the Shares may no longer be offered and sold pursuant to the Original Registration Statement, the registration statement, if any, filed by the Company for the purpose of continuing the offering of the Shares following any such date (the “Replacement Registration Statement”), in each case, as amended when it became or becomes effective, including all documents filed as part thereof or incorporated by reference therein, and including any information contained in a Prospectus (as defined below) subsequently filed with the Commission pursuant to Rule 424(b) under the Securities Act or deemed to be a part of such registration statement pursuant to Rule 430B under the Securities Act (the “Rule 430B Information”). The base prospectus, including all documents incorporated therein by reference, included in the Registration Statement, supplemented by the most recent prospectus supplement prepared by the Company specifically relating to the Shares, which shall initially be the Original Prospectus Supplement, in the form in which such prospectus and/or Prospectus Supplement have most recently been filed by the Company with the Commission pursuant to Rule 424(b) under the Securities Act is herein called the “Prospectus.” The Shares having an aggregate sales price of up to the amount provided in the Prospectus shall be referred to as the Maximum Amount (the “Maximum Amount”). Any reference herein to the Registration Statement, the Prospectus or any amendment or supplement thereto shall be deemed to refer to and include the documents incorporated by reference therein, and any reference herein to the terms “amend,” “amendment” or “supplement” with respect to the Registration Statement or the Prospectus shall be deemed to refer to and include the filing after the execution hereof of any document with the Commission deemed to be incorporated by reference therein. For purposes of this Agreement, all references to the Registration Statement, the Prospectus or to any amendment or supplement thereto shall be deemed to include any copy filed with the Commission pursuant to the Commission’s Electronic Data Gathering, Analysis and Retrieval system (“EDGAR”).


All references in this Agreement to financial statements and schedules and other information that is “contained,” “included” or “stated” in the Registration Statement or the Prospectus (and all other references of like import) shall be deemed to mean and include all such financial statements and schedules and other information that is incorporated by reference in the Registration Statement or the Prospectus, as the case may be.

All references in this Agreement to any Issuer Free Writing Prospectus (other than any Issuer Free Writing Prospectuses that, pursuant to Rule 433 under the Securities Act, are not required to be filed with the Commission) shall be deemed to include the copy thereof filed with the Commission pursuant to EDGAR; and all references in this Agreement to “supplements” to the Prospectus shall include, without limitation, any supplements, “wrappers” or similar materials prepared in connection with any offering, sale or private placement of any Shares by Agent outside of the United States.

Agent has been appointed by the Company as its agent to sell the Issuance Shares and agrees to use commercially reasonable efforts consistent with its normal trading and sales practices to sell the Issuance Shares offered by the Company upon the terms and subject to the conditions contained herein. The Forward Seller has been appointed by the Company and the Forward Purchaser as agent to sell the Forward Hedge Shares and agrees with the Company and the Forward Purchaser to use commercially reasonable efforts consistent with its normal trading and sales practices to sell the Forward Hedge Shares to be borrowed by the Forward Purchaser or its affiliate and offered on behalf of the Company upon the terms and subject to the conditions contained herein. Notwithstanding any other provision of this Agreement, if a Forward Seller and Forward Purchaser have not been identified in the introductory paragraph of this Agreement and have not executed this Agreement, the Company agrees that all provisions of this Agreement related to the Forward Seller, the Forward Purchaser and Forwards are not applicable hereunder and no sales of Forward Hedge Shares shall take place pursuant to this Agreement.

The Company and the Partnership have previously entered into other separate equity distribution agreements (collectively, the “Separate Distribution Agreements”) with other parties (and, as applicable, their respective affiliates) (each, in its capacity as agent and/or principal, forward seller and forward purchaser thereunder, a “Separate Agent”), for the issuance (in the case of the Issuance Shares) or borrowing (in the case of Forward Hedge Shares) and sale from time to time through the applicable Separate Agents on the terms set forth in the applicable Separate Distribution Agreements. The Company and the Partnership may also in the future enter into additional equity distribution agreements (the “Alternative Distribution Agreements”) with one or more additional agents and/or principals, forward sellers and forward purchasers (together with the Separate Agents, the “Alternative Agents”).

(c) Section 5(a)(11), Representations and Warranties by the Company and the Partnership (Capitalization), shall be replaced in its entirety as follows:


All of the issued shares of capital stock of the Company have been duly and validly authorized and issued and are fully paid and non-assessable; none of the outstanding shares of capital stock of the Company were issued in violation of any preemptive rights, rights of first refusal or other similar rights to subscribe for or purchase securities of the Company; the capital stock of the Company conforms in all material respects to the description thereof in the Registration Statement and the Prospectus; except as set forth on Exhibit E or the Prospectus, all of the issued shares of capital stock or other equity interests of each subsidiary of the Company have been duly and validly authorized and issued, are fully paid and non-assessable and (except as set forth on Exhibit E or the Prospectus and for directors’ qualifying shares) are owned directly or indirectly by the Company, free and clear of all liens, encumbrances, equities or claims; and the Partnership has an authorized capitalization as set forth in the Prospectus, and all of the issued partnership interests of the Partnership have been duly and validly authorized and issued and are fully paid and non-assessable; and there are no authorized or outstanding options, warrants, preemptive rights, rights of first refusal or other rights to purchase, or equity or debt securities convertible into or exchangeable or exercisable for, any shares of capital stock of the Company or any of its subsidiaries other than those described in the Registration Statement and the Prospectus.

(d) The following paragraph (51) shall be added to the end of Section 5(a) Representations and Warranties by the Company and the Partnership:

(51) Cybersecurity. Except as disclosed in the Registration Statement and the Prospectus, (i) (x) there has been no security breach or other compromise of or relating to any of the Company’s or its subsidiaries’ (including the Partnership’s) information technology and computer systems, networks, hardware, software, data (including the data of their respective customers, employees, suppliers, vendors and any third party data maintained by or on behalf of them), equipment or technology (collectively, “IT Systems and Data”) and (y) the Company and its subsidiaries have not been notified of, and have no knowledge of any event or condition that would reasonably be expected to result in, any security breach or other compromise to their IT Systems and Data, other than, in the case of this clause (i), any breaches or compromises that are not, individually or in the aggregate, material and as to which the Company or the Partnership does not reasonably expect to make any public disclosure; (ii) the Company and its subsidiaries are presently in compliance with all applicable laws or statutes and all judgments, orders, rules and regulations of any court or arbitrator or governmental or regulatory authority, internal policies and contractual obligations relating to the privacy and security of IT Systems and Data and to the protection of such IT Systems and Data from unauthorized use, access, misappropriation or modification, except as would not, in the case of this clause (ii), individually or in the aggregate, have a Material Adverse Effect; and (iii) the Company and its subsidiaries have implemented backup and disaster recovery technology consistent with industry standards and practices.

(e) Section 14, Notices, shall be replaced in its entirety as follows:

All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given if mailed or transmitted by any standard form of telecommunication. Notices to Agent and/or the Forward Seller shall be sent to Mizuho Securities USA LLC, 1271 Avenue of the Americas, 3rd Floor, New York 10020, Attention: JT Deignan and Stephen Roney (emails: ***@*** and ***@***), with a copy to (which shall not constitute notice) Sullivan & Cromwell LLP, 125 Broad Street,


New York, New York 10004, Attention: Robert W. Downes (facsimile ###-###-####); notices to the Forward Purchaser shall be sent to Mizuho Securities USA LLC, 1271 Avenue of the Americas, 3rd Floor, New York, New York 10020, Attention Adam Hopkins (email: ***@***), with a copy to (which shall not constitute notice) Sullivan & Cromwell LLP, 125 Broad Street, New York, New York 10004, Attention: Robert W. Downes (facsimile ###-###-####) and with a copy to (which shall not constitute notice) Davis Polk & Wardwell LLP, 450 Lexington Avenue, New York, New York 10017, Attention: Mark M. Mendez (facsimile ###-###-#### and notices to the Company shall be directed to it at One Independent Drive, Suite 114, Jacksonville, Florida 32202 Attention: Michael Mas (facsimile ###-###-####),with a copy to (which shall not constitute notice) Foley & Lardner, One Independent Drive, Suite 1300, Jacksonville, Florida 32202 , Attention: Michael B. Kirwan (facsimile ###-###-####).

(f) Exhibit A of the Agreement shall be amended by deleting Exhibit A in its entirety and replacing it with Exhibit A attached hereto.

(g) Exhibit B of the Agreement shall be amended by deleting Exhibit B in its entirety and replacing it with Exhibit B attached hereto.

(h) Exhibit C of the Agreement shall be amended by deleting Exhibit C in its entirety and replacing it with Exhibit C attached hereto.

(i) Exhibit D of the Agreement shall be amended by deleting Exhibit D in its entirety and replacing it with Exhibit D attached hereto.

(j) Exhibit E of the Agreement shall be amended by deleting Exhibit E in its entirety and replacing it with Exhibit E attached hereto.

SECTION 3. Effectiveness. This Amendment No. 2 shall automatically become effective as of the date hereof and all references in the Agreement to “this Agreement” or the like shall refer to the Agreement as further amended hereby.

SECTION 4. Counterparts. This Amendment No. 2 may be executed in any number of counterparts and by the different parties hereto in separate counterparts, each of which shall be deemed an original, and all of which shall together constitute one and the same instrument.

SECTION 5. Law; Construction. THIS AMENDMENT NO. 2 AND ANY CLAIM, CONTROVERSY OR DISPUTE RELATING TO OR ARISING OUT OF THIS AMENDMENT NO. 2 SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

SECTION 6. Entire Agreement. This Amendment No. 2 and the Agreement as further amended hereby constitute the entire agreement and understanding between the parties hereto and supersede any and all prior agreements and understandings relating to the subject matter hereof. Except as further amended hereby, all of the terms of the Agreement shall remain in full force and effect and are hereby confirmed in all respects.

[SIGNATURE PAGE FOLLOWS]


If the foregoing is in accordance with your understanding of our agreement, please sign and return to the Company a counterpart hereof, whereupon this instrument, along with all counterparts, will become a binding agreement among the Forward Seller, Forward Purchaser, the Agent, the Company and the Partnership in accordance with its terms.

 

Very truly yours,
REGENCY CENTERS CORPORATION
By:  

/s/ Lisa Palmer

  Name: Lisa Palmer
  Title: President and Chief Executive Officer
REGENCY CENTERS, L.P.
By:   Regency Centers Corporation,
  its general partner
  By:  

/s/ Lisa Palmer

    Name: Lisa Palmer
    Title: President and Chief Executive Officer

 

CONFIRMED AND ACCEPTED, as of the date first above written:
Mizuho Securities USA LLC, as Agent
By:  

/s/ John T. Deignan

  Name:  

John T. Deignan

  Title:  

Managing Director

Mizuho Securities USA LLC, as Forward Seller
By:  

/s/ John T. Deignan

  Name:  

John T. Deignan

  Title:  

Managing Director

Mizuho Markets Americas LLC, as Forward Purchaser
By:  

/s/ Adam Hopkins

  Name:  

Adam Hopkins

  Title:  

Attorney-in-Fact


EXHIBIT A

FORM OF PLACEMENT NOTICE

, 20

[Bank Name]

[Address]

 

Attention:

[•]

(facsimile number: [•])

 

Email:

[•]

Reference is made to the Equity Distribution Agreement among Regency Centers Corporation (the “Company”), Regency Centers, L.P., [•] (the “Forward Purchaser”) and [•] (in its capacity as agent for the Company in connection with the offering and sale of any Issuance Shares thereunder, “Agent,” and in its capacity as agent for the Forward Purchaser in connection with the offering and sale of any Forward Hedge Shares thereunder, the “Forward Seller”), dated as of May [•], 2017 (the “Equity Distribution Agreement”). Capitalized terms used in this Placement Notice without definition shall have the respective definitions ascribed to them in the Equity Distribution Agreement. This Placement Notice relates to [an “Issuance”]1 [a “Forward”]2. The Company confirms that all conditions to the delivery of this Placement Notice are satisfied as of the date hereof.

[The Company confirms that it has not declared and will not declare any dividend, or caused or cause there to be any distribution, on the Common Stock if the ex-dividend date or ex-date, as applicable, for such dividend or distribution will occur during the period from, and including, the first Trading Day of the Forward Hedge Selling Period to, and including, the last Trading Day of the Forward Hedge Selling Period.]3

The Company represents and warrants that each representation, warranty, covenant and other agreement of the Company contained in the Equity Distribution Agreement [and the Master Forward Confirmation]4 is true and correct on the date hereof, and that the Prospectus, including the documents incorporated by reference therein, and any applicable Issuer Free Writing Prospectus, as of the date hereof, do not contain an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading.

 

1 

Insert for a Placement Notice that relates to an “Issuance.”

2 

Insert for a Placement Notice that relates to a “Forward.”

3 

Insert for a Placement Notice that relates to a “Forward.”

4 

Insert for Placement Notice that relates to a “Forward.”


Number of Days in [Issuance]5 [Forward Hedge]6 Selling Period:

First Date of [Issuance]7 [Forward Hedge]8 Selling Period:

Maximum Number of Shares to be Sold:

[Issuance]9 [Forward Hedge]10 Amount: $

[Forward Hedge Selling Commission Rate: %

 

Forward Price Reduction Dates

   Forward
Price
Reduction
Amounts
 
   $    
   $    

Spread:

  

Initial Stock Loan Rate: basis points

  

Maximum Stock Loan Rate: basis points

  

Regular Dividend Amounts:

  

For any calendar quarter ending on or prior to [December 31, 20[ ]]:

   $

For any calendar quarter ending after [December 31, 20[ ]]:

   $ ] ]11 

[Term: [Days][Months]]12:

Floor Price (Adjustable by Company during the [Issuance]13 [Forward Hedge]14 Selling Period, and in no event less than $1.00 per share): $ per share

 

5 

Insert for a Placement Notice that relates to an “Issuance.”

6 

Insert for a Placement Notice that relates to a “Forward.”

7 

Insert for a Placement Notice that relates to an “Issuance.”

8 

Insert for a Placement Notice that relates to a “Forward.”

9 

Insert for a Placement Notice that relates to an “Issuance.”

10 

Insert for a Placement Notice that relates to a “Forward.”

11 

Insert for a Placement Notice that relates to a “Forward.” Regular Dividend Amounts shall not exceed the Forward Price Reduction Amount for the Forward Price Reduction Date occurring in the relevant quarter (or, if none, shall not exceed zero).

12 

Insert for a Placement Notice that relates to a “Forward.”

13 

Insert for a Placement Notice that relates to an “Issuance.”

14 

Insert for a Placement Notice that relates to a “Forward.”


Exhibit B

EXHIBIT B

COMPANY AND AGENT REPRESENTATIVES FOR NOTICE

Company Representatives for Notice:

Lisa Palmer

President and Chief Executive Officer

One Independence Drive

Suite 114

Jacksonville, FL 32202

Office: (904) 598-7636

Fax: (904) 354-1832

***@***

Michael Mas

Executive Vice President and Chief Financial Officer

One Independence Drive

Suite 114

Jacksonville, FL 32202

Office: (904) 598-7470

Fax: (904) 354-1832

***@***

Chris Leavitt

Senior Vice President, Finance and Treasurer

One Independence Drive

Suite 114

Jacksonville, FL 32202

Office: (904) 598-7608

Fax: (904) 354-1832

***@***

Laura Clark, CFA

Senior Vice President, Capital Markets

One Independence Drive

Suite 114

Jacksonville, FL 32202

Office: (904) 598-7831

Fax: (904) 354-1832

***@***


Agent Representatives for Notice:

JT Deignan

Managing Director

Mizuho Securities USA LLC

1271 Avenue of the Americas, 3rd Floor

New York, New York 10020

Office: (212) 205-7776

***@***

Stephen Roney

Managing Director

Mizuho Securities USA LLC

1271 Avenue of the Americas, 3rd Floor

New York, New York 10020

Office: (212) 205-7527

***@***

Forward Seller Representatives for Notice:

JT Deignan

Managing Director

Mizuho Securities USA LLC

1271 Avenue of the Americas, 3rd Floor

New York, New York 10020

Office: (212) 205-7776

***@***

Stephen Roney

Managing Director

Mizuho Securities USA LLC

1271 Avenue of the Americas, 3rd Floor

New York, New York 10020

Office: (212) 205-7527

***@***

Forward Purchaser Representative for Notice:

Adam Hopkins

Managing Director

Mizuho Securities USA LLC

1271 Avenue of the Americas, 19th Floor

New York, New York 10020

Office: (212) 547-1532

***@***


Exhibit C

EXHIBIT C

COMPANY REPRESENTATIVES FOR TRADE CONFIRMATIONS

Lisa Palmer

President and Chief Executive Officer

One Independence Drive

Suite 114

Jacksonville, FL 32202

Office: (904) 598-7636

Fax: (904) 354-1832

***@***

Michael Mas

Executive Vice President and Chief Financial Officer

One Independence Drive

Suite 114

Jacksonville, FL 32202

Office: (904) 598-7470

Fax: (904) 354-1832

***@***

Chris Leavitt

Senior Vice President, Finance and Treasurer

One Independence Drive

Suite 114

Jacksonville, FL 32202

Office: (904) 598-7608

Fax: (904) 354-1832

***@***

Laura Clark, CFA

Senior Vice President, Capital Markets

One Independence Drive

Suite 114

Jacksonville, FL 32202

Office: (904) 598-7831

Fax: (904) 354-1832

***@***


Exhibit D

EXHIBIT D

COMPENSATION

Agent shall be paid compensation at a mutually agreed rate, not to exceed 2.0% of the gross sales price of Issuance Shares pursuant to the terms of this Agreement.

Forward Seller shall be paid compensation at a mutually agreed rate, not to exceed 2.0% of the gross sales price of Forward Hedge Shares pursuant to the terms of this Agreement.


Exhibit E

EXHIBIT E

SUBSIDIARIES OF THE COMPANY

As of May 1, 2020

 

Entity

  

Jurisdiction

  

Owner(s)

  

Nature of

Interest15

   % of
Ownership
 

Regency Centers, L.P.

   Delaware   

Regency Centers Corporation

Outside Investors

  

General Partner

Limited Partners

    
~99.6

~0.4metuc


Columbia Cameron Village SPE, LLC

   Delaware   

Regency Centers, L.P.

Columbia Perfco Partners, L.P.

  

Managing Member

Member

    
30

70


Columbia Cameron Village, LLC

   Delaware    Columbia Cameron Village SPE, LLC    Member      100

Columbia Regency Retail Partners, LLC

   Delaware   

Regency Centers, L.P.

Columbia Perfco Partners, L.P.

  

Managing Member

Member

    
20

80


Columbia Crossroads Commons, LLC

   Delaware    Columbia Regency Retail Partners, LLC    Member      100

Columbia Retail Dulles, LLC

   Delaware    Columbia Regency Retail Partners, LLC    Member      100

Columbia Retail Texas 3, LLC

   Delaware    Columbia Regency Retail Partners, LLC    Member      100

Columbia Retail Sweetwater Plaza, LP

   Delaware   

Columbia Retail Texas 3, LLC

Columbia Regency Retail Partners, LLC

  

General Partner

Limited Partner

    
1

99


Columbia Retail Washington 1, LLC

   Delaware    Columbia Regency Retail Partners, LLC    Member      100

Columbia Cascade Plaza, LLC

   Delaware   

Columbia Retail Washington 1, LLC

Columbia Regency Retail Partners, LLC

  

Managing Member

Member

    
1

99


Columbia Julington Village, LLC

   Delaware    Columbia Regency Retail Partners, LLC    Member      100

Columbia Palm Valley Marketplace, LLC

   Delaware    Columbia Regency Retail Partners, LLC    Member      100

Columbia Regency Partners II, LLC

   Delaware   

Regency Centers, L.P.

Columbia Perfco Partners, L.P.

  

Managing Member

Member

    
20

80


Columbia II Broadway Market, LLC

   Delaware    Columbia Regency Partners II, LLC    Member      100

Columbia II Burnt Mills Shopping Center, LLC

   Delaware    Columbia Regency Partners II, LLC    Member      100

Columbia Cochran Commons, LLC

   Delaware    Columbia Regency Partners II, LLC    Member      100

Hollymead Town Center, LLC

   Delaware    Columbia Regency Partners II, LLC    Member      100

Columbia II Hollymead, LLC

   Delaware    Hollymead Town Center, LLC    Member      100

Columbia II Johns Creek, LLC

   Delaware    Columbia Regency Partners II, LLC    Member      100

Columbia II Ridgewood, LLC

   Delaware    Columbia Regency Partners II, LLC    Member      100

Columbia Lorton Station Marketplace Member, LLC

   Delaware    Columbia Regency Partners II, LLC    Member      100

 

15 

Unless otherwise noted, the sole member of all single member limited liability companies is also the managing member or manager of the limited liability company.


Entity

  

Jurisdiction

  

Owner(s)

  

Nature of

Interest15

   % of
Ownership
 

Columbia Lorton Station Marketplace, LLC

   Delaware   

Columbia Lorton Station Marketplace Member, LLC

  

Member

     100

Columbia Lorton Station Town Center, LLC

   Delaware   

Columbia Regency Partners II, LLC

  

Member

     100

Columbia II Marina Shores, LLC

   Delaware   

Columbia Regency Partners II, LLC

  

Member

     100

Columbia Plantation Plaza Member, LLC

   Delaware   

Columbia Regency Partners II, LLC

  

Member

     100

Columbia Plantation Plaza, LLC

   Delaware   

Columbia Plantation Plaza Member, LLC

  

Member

     100

Columbia II Rockridge Center, LLC

   Delaware   

Columbia Regency Partners II, LLC

  

Member

     100

Columbia Retail Shorewood Crossing, LLC

   Delaware   

Columbia Regency Retail Partners, LLC

  

Member

     100

Columbia Shorewood Crossing Phase 2 Member, LLC

   Delaware   

Columbia Regency Partners II, LLC

  

Member

     100

Columbia Shorewood Crossing Phase 2, LLC

   Delaware   

Columbia Shorewood Crossing Phase 2 Member, LLC

  

Member

     100

Columbia Shorewood Crossing Phase 3, LLC

   Delaware   

Columbia Regency Partners II, LLC

  

Member

     100

Signal Hill Two, LLC

   Delaware   

Columbia Regency Partners II, LLC

  

Member

     100

Columbia II Signal Hill, LLC

   Delaware   

Signal Hill Two, LLC

  

Member

     100

Columbia Speedway Plaza Member, LLC

   Delaware   

Columbia Regency Partners II, LLC

  

Member

     100

Columbia Speedway Plaza, LLC

   Delaware   

Columbia Speedway Plaza Member, LLC

  

Member

     100

Columbia Sutton Square, LLC

   Delaware   

Columbia Regency Partners II, LLC

  

Member

     100

Columbia II Holding, LLC

   Delaware   

Columbia Regency Partners II, LLC

  

Member

     100

Columbia II Raley’s Center, LLC

   Delaware   

Columbia II Holding, LLC

  

Member

     100

Columbia II Village Plaza, LLC

   Delaware   

Columbia Regency Partners II, LLC

  

Member

     100

GRI-Regency, LLC

   Delaware   

Global Retail Investors, LLC

Regency Centers, L.P.

  

Member

Managing Member

    
60

40


GRI-Lake Grove, LLC

   Delaware   

GRI-Regency Lake Grove Member, LLC

  

Member

     100

GRI-Regency Lake Grove Member, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

FW PA-Mercer Square, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

FW PA-Newtown Square, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

FW PA-Warwick Plaza, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

MCW-RC SC-Merchant’s, LLC (fka MCW-RC South Carolina, LLC)

   Delaware   

GRI-Regency, LLC

  

Member

     100

MCW-RC SC-Merchant’s Village Member, LLC

   Delaware   

MCW-RC SC-Merchant’s, LLC

  

Member

     100

MCW-RC SC-Merchant’s Village, LLC

   Delaware   

MCW-RC SC-Merchant’s Village Member, LLC

  

Member

     100

FW-CA Brea Marketplace Member, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

FW CA-Brea Marketplace, LLC

   Delaware   

FW-CA Brea Marketplace Member, LLC

  

Member

     100

FW CA-Brea Marketplace II, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100


Entity

  

Jurisdiction

  

Owner(s)

  

Nature of

Interest15

   % of
Ownership
 

U.S. Retail Partners Holding, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

U.S. Retail Partners Member, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

U.S. Retail Partners, LLC

   Delaware   

U.S. Retail Partners Holding, LLC

U.S. Retail Partners Member, LLC

  

Managing

Member

Member

    
1

99


FW CO-Arapahoe Village, LLC

   Delaware   

U.S. Retail Partners, LLC

  

Member

     100

FW CO-Cherrywood Square, LLC

   Delaware   

U.S. Retail Partners, LLC

  

Member

     100

FW MN-Rockford Road, LLC

   Delaware   

U.S. Retail Partners, LLC

  

Member

     100

FW CO-Ralston Square, LLC

   Delaware   

U.S. Retail Partners, LLC

  

Member

     100

FW MN-Colonial Square, LLC

   Delaware   

U.S. Retail Partners, LLC

  

Member

     100

USRP I Holding, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

USRP I Member, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

USRP I, LLC

   Delaware   

USRP I Holding, LLC

USRP I Member, LLC

  

Managing

Member

Member

    
1

99


FW NJ-Plaza Square, LLC

   Delaware   

USRP I, LLC

  

Member

     100

FW VA-Greenbriar Town Center, LLC

   Delaware   

USRP I, LLC

  

Member

     100

FW VA-Festival at Manchester, LLC

   Delaware   

USRP I, LLC

  

Member

     100

FW-Reg II Holdings, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

FW CA-Bay Hill Shopping Center, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW CA-Five Points Shopping Center, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW CA-Mariposa Gardens Shopping Center, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW CA-Navajo Shopping Center, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW CA-Point Loma Plaza, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW CA-Rancho San Diego Village, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW CA-Silverado Plaza, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW CA-Snell & Branham Plaza, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW CA-Twin Oaks Shopping Center, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW CA-Ygnacio Plaza, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW CT-Corbins Corner Shopping Center, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW DC-Spring Valley Shopping Center, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW IL-Riverside/Rivers Edge, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW IL-Riverview Plaza, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW IL-Stonebrook Plaza, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

USRP Willow East, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW VA-Ashburn Farm Village Center, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW VA-Centre Ridge Marketplace, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW VA-Fox Mill Shopping Center, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW VA-Kings Park Shopping Center, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100


Entity

  

Jurisdiction

  

Owner(s)

  

Nature of

Interest15

   % of
Ownership
 

FW VA-Saratoga Shopping Center, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW VA-The Village Shopping Center, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW WA-Aurora Marketplace, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW WA-Eastgate Plaza, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW WA-Eastgate Plaza II, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW WA-Overlake Fashion Plaza, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

FW WA-Overlake Fashion Plaza II, LLC

   Delaware   

FW-Reg II Holdings, LLC

  

Member

     100

Parkville Shopping Center, LLC

   Maryland   

FW-Reg II Holdings, LLC

  

Member

     100

FW-Reg II Holding Company Two, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

FW IL-McHenry Commons Shopping Center, LLC

   Delaware   

FW-Reg II Holding Company Two, LLC

  

Member

     100

FW CA-Granada Village, LLC

   Delaware   

FW-Reg II Holding Company Two, LLC

  

Member

     100

FW CA-Laguna Niguel Plaza, LLC

   Delaware   

FW-Reg II Holding Company Two, LLC

  

Member

     100

FW CA-Pleasant Hill Shopping Center, LLC

   Delaware   

FW-Reg II Holding Company Two, LLC

  

Member

     100

FW IL-Civic Center Plaza, LLC

   Delaware   

FW-Reg II Holding Company Two, LLC

  

Member

     100

FW IN-Willow Lake West, LLC

   Delaware   

FW-Reg II Holding Company Two, LLC

  

Member

     100

FW NJ-Westmont Shopping Center, LLC

   Delaware   

FW-Reg II Holding Company Two, LLC

  

Member

     100

FW NC-Shoppes of Kildaire, LLC

   Delaware   

FW-Reg II Holding Company Two, LLC

  

Member

     100

FW OR-Greenway Town Center, LLC

   Delaware   

FW-Reg II Holding Company Two, LLC

  

Member

     100

USRP LP, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

USRP GP, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

US Retail Partners Limited Partnership

   Delaware   

USRP GP, LLC

USRP LP, LLC

  

General Partner

Limited Partner

    
1

99


FW MD Woodmoor Borrower, LLC

   Delaware   

US Retail Partners Limited Partnership

  

Member

     100

FW VA-Willston Centre II, LLC

   Delaware   

US Retail Partners Limited Partnership

  

Member

     100

FW Woodholme GP, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

Woodholme Properties Limited Partnership

   Maryland   

FW Woodholme GP, LLC

Eastern Shopping Centers I, LLC

  

General Partner

Limited Partner

    
1

99


FW Woodholme Borrower, LLC

   Delaware   

Woodholme Properties Limited Partnership

  

Member

     100

FW Southside Marketplace GP, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

Southside Marketplace Limited Partnership

   Maryland   

FW Southside Marketplace GP, LLC

Eastern Shopping Centers I, LLC

  

General Partner

Limited Partner

    
1

99


FW Southside Marketplace Borrower, LLC

   Delaware   

Southside Marketplace Limited Partnership

  

Member

     100

FW Valley Centre GP, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

Greenspring Associates Limited Partnership

   Maryland   

FW Valley Centre GP, LLC

Eastern Shopping Centers I, LLC

  

General Partner

Limited Partner

    
1

99


FW MD-Greenspring Borrower, LLC

   Delaware   

Greenspring Associates Limited Partnership

  

Member

     100


Entity

  

Jurisdiction

  

Owner(s)

  

Nature of

Interest15

   % of
Ownership
 

Eastern Shopping Centers I, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

Cloppers Mill Village Center, LLC

   Maryland   

Eastern Shopping Centers I, LLC

FW-Reg II Holdings, LLC

  

Member

Member

    
1

99


City Line Shopping Center Associates

   Pennsylvania   

US Retail Partners Limited Partnership

City Line LP, LLC

  

General Partner

Limited Partner

    
1

99


City Line LP, LLC

   Delaware   

USRP LP, LLC

  

Member

     100

FW Allenbeth GP, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

Allenbeth Associates Limited Partnership

   Maryland   

FW Allenbeth GP, LLC

Eastern Shopping Centers I, LLC

  

General Partner

Limited Partner

    
1

99


FW Weslyan GP, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

FW TX-Weslyan Plaza, L.P.

   Delaware   

FW Weslyan GP, LLC

GRI-Regency, LLC

  

General Partner

Limited Partner

    
1

99


FW Woodway GP, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

FW TX-Woodway Collection, L.P.

   Delaware   

FW Woodway GP, LLC

GRI-Regency, LLC

  

General Partner

Limited Partner

    
1

99


FW Gayton Crossing Holding, LLC

   Delaware   

GRI-Regency, LLC

  

Member

     100

FW VA-Gayton Crossing Shopping Center, LLC

   Delaware   

FW Gayton Crossing Holding, LLC

  

Member

     100

MCW RC III Hilltop Village Member, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

MCW RC III Hilltop Village, LLC

   Delaware   

MCW RC III Hilltop Village Member, LLC

  

Member

     100

MCW-RD Brentwood Plaza, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

MCW-RD Bridgeton, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

MCW-RD Dardenne Crossing, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

MCW-RD Kirkwood Commons Member, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

MCW-RD Kirkwood Commons, LLC

   Delaware   

MCW-RD Kirkwood Commons Member, LLC

  

Member

     100

RegCal, LLC

   Delaware   

California State Teachers Retirement System

Regency Centers, L.P.

  

Member

Managing

Member

    
75

25


RegCal Holding, LLC

   Delaware   

RegCal, LLC

  

Member

     100

CAR Apple Valley Square Member, LLC

   Delaware   

RegCal, LLC

  

Member

     100

CAR Apple Valley Square, LLC

   Delaware   

CAR Apple Valley Square Member, LLC

  

Member

     100

CAR Apple Valley Land, LLC

   Delaware   

RegCal, LLC

  

Member

     100

CAR Braemar Village, LLC

   Delaware   

RegCal, LLC

  

Member

     100

CAR Calhoun Commons, LLC

   Delaware   

RegCal, LLC

  

Member

     100

CAR Corral Hollow, LLC

   Delaware   

RegCal Holding, LLC

  

Member

     100

CAR Providence Commons, LLC

   Delaware   

RegCal, LLC

  

Member

     100

CAR Shops at the Columbia, LLC

   Delaware   

RegCal, LLC

  

Member

     100

KF-REG Holding, LLC

   Delaware   

RegCal, LLC

  

Member

     100

KF-REG Associates, LLC

   Delaware   

KF-REG Holding, LLC

  

Member

     100

King Farm Center, LLC

   Delaware   

KF-REG Associates, LLC

  

Member

     100

US Regency Retail REIT I

   Texas   

US Southern Retail, LLC

US Republic Core Fund, L.P.

Regency Centers, L.P.

  

Common Stock

Common Stock

Common Stock

    
57.27

23.53

19.20



Entity

  

Jurisdiction

  

Owner(s)

  

Nature of

Interest15

   % of
Ownership
 

US Regency Retail I, LLC

   Delaware   

US Regency Retail REIT I

Regency Centers, L.P.

  

Member

Managing

Member

    
99

1


RC FL-Anastasia, LLC (fka MCW-RC FL-Anastasia, LLC)

   Delaware   

Regency Centers, L.P.

  

Member

     100

RC FL-Shoppes at 104, LLC (fka MCW-RC FL-Shoppes at 104, LLC)

   Delaware   

Regency Centers, L.P.

  

Member

     100

RC GA-Howell Mill, LLC (fka MCW-RC GA-Howell Mill Village, LLC)

   Delaware   

Regency Centers, LLC

  

Member

     100

MCD-RC CA-Amerige, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

MCD-RC El Cerrito Holdings, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

MCD-RC CA-El Cerrito, LLC

   Delaware   

MCD-RC El Cerrito Holdings, LLC

  

Member

     100

REG8 Member, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

REG8 Tassajara Crossing, LLC

   Delaware   

REG8 Member, LLC

  

Member

     100

REG8 Plaza Hermosa, LLC

   Delaware   

REG8 Member, LLC

  

Member

     100

REG8 Sequoia Station, LLC

   Delaware   

REG8 Member, LLC

  

Member

     100

REG8 Mockingbird Commons, LLC

   Delaware   

REG8 Member, LLC

  

Member

     100

REG8 Sterling Ridge, LLC

   Delaware   

REG8 Member, LLC

  

Member

     100

REG8 Prestonbrook Crossing, LLC

   Delaware   

REG8 Member, LLC

  

Member

     100

REG8 Wellington, LLC

   Delaware   

REG8 Member, LLC

  

Member

     100

REG8 Berkshire Commons, LLC

   Delaware   

REG8 Member, LLC

  

Member

     100

FL-Corkscrew Village Member, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

FL-Corkscrew Village, LLC

   Delaware   

FL-Corkscrew Village Member, LLC

  

Member

     100

FL-Naples Walk Shopping Center Member, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

FL-Naples Walk Shopping Center, LLC

   Delaware   

FL-Naples Walk Shopping Center Member, LLC

  

Member

     100

FL-Northgate Square Member, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

FL-Northgate Square, LLC

   Delaware   

FL-Northgate Square Member, LLC

  

Member

     100

FL-Westchase Center Member, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

FL-Westchase Center, LLC

   Delaware   

FL-Westchase Center Member, LLC

  

Member

     100

19330 Hawthorne, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

1C Tustin Legacy, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

60617 Balboa Mesa, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

4S Regency Partners, LLC

   Delaware   

Regency Centers, L.P.

4S Ranch Company 1700, L.P.

  

Member

Member

    
85

15


Alba Village Phase II, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Alba Village Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Bartram Park Center, LLC

   Delaware   

Regency Centers, L.P.

Real Sub, LLC

  

Managing

Member

Member

    
50

50


Belleview Square, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Belmont Chase, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Bridges Insurance Company

   South Carolina   

Regency Centers, L.P.

  

Shareholder

     100

Buckwalter Bluffton, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Caligo Crossing, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100


Entity

  

Jurisdiction

  

Owner(s)

  

Nature of

Interest15

   % of
Ownership
 

CityLine-REG, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Clayton Valley Shopping Center, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Clybourn Commons-REG, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Colonnade Regency, L.P.

   Delaware   

Regency NC GP, LLC

Regency Centers, L.P.

  

General Partner

Limited Partner

    
1

99


Corvallis Market Center, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

CPGPI Regency Erwin, LLC

   Delaware   

Regency Centers, L.P.

CPGPI Erwin Retail, LLC

  

Managing

Member

Member

    
55

45


Fairfax Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Fellsway Associates Holdings Company, LLC

   Delaware   

Regency Centers, L.P.

Charter Fellsway, LLC

Charter Fellsway Group, LLC

  

Member

Member

Member

    
75

24

1


Fellsway Associates, LLC

   Delaware   

Fellsway Associates Holdings Company, LLC

  

Member

     100

Fellsway Property, LLC

   Delaware   

Fellsway Associates Holdings Company, LLC

  

Member

     100

Fontainebleau Square, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Gateway 101, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Gateway Azco GP, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Gateway Azco LP, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

AZCO Partners

   Pennsylvania   

Gateway Azco Partners GP, LLC

Gateway Azco LP, LLC

Regency Centers, L.P.

  

General Partner

Limited Partner

Limited Partner

    
1

89

10


Glen Oak Glenview, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Grand Ridge Plaza I, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Grand Ridge Plaza II, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Hibernia North, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Hickory Creek Plaza, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Hoadly Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Holly Park Property, LLC

   Delaware   

Regency Centers, L.P.

Purser HP, LLC

  

Managing

Member

Member

    
99.273

.0727


Hunters Lake Tampa, LLC

   Delaware   

Regency Centers, L.P.

Harrison Bennett Properties, LLC

  

Managing

Member

Member

     Varies  

Indian Springs at Woodlands, Ltd.

   Texas   

Indian Springs GP, LLC

Regency Centers, L.P.

  

General Partner

Limited Partner

    
0.1

99.9


Indian Springs GP, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Indio Jackson, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Kent Place Regency, LLC

   Delaware   

Regency Centers, L.P.

Kent Place Investors, LLC

  

Managing

Member

Member

    
50

50


La Floresta Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Lee Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

The Marketplace at Briargate, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Murfreesboro North, LLC

   Delaware   

Regency Centers, L.P.

BSM County Farm Road, LLC

  

Managing

Member

Member

     varies  

NSHE Winnebago, LLC

   Arizona   

Regency Centers, L.P.

  

Member

     100

NTC-REG, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

New Smyrna Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Northlake Village Shopping Center, LLC

   Florida   

Regency Centers, L.P.

  

Member

     100

Oakshade Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Ocala Corners, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100


Entity

  

Jurisdiction

  

Owner(s)

  

Nature of

Interest15

   % of
Ownership
 

Otay Mesa Crossing, LLC

   Delaware   

Regency Centers, L.P.

Transcan Otay Mesa, LLC

  

Managing

Member

Member

     Varies  

Parmer Tech Ridge, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Regency Centers Acquisitions, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Regency Centers Advisors, LLC

   Florida   

Regency Centers, L.P.

  

Member

     100

Red Bank Village, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Regency Blue Ash, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Regency Marinita-LaQuinta, LLC

   Delaware   

Regency Centers, L.P.

Marinita Development Co.

  

Managing

Member

Member

     Varies  

Regency NC GP, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Regency-Kleban Properties, LLC

   Delaware   

Regency Centers, L.P.

Brick Walk Associates, LLC

Pine Tree Ventures, LLC

Bright Star, LLC

1261 Post Road Associates, LLC

Kleban Holding Company, LLC

Kleban Holding Company II, LLC

Kleban Fairfield, LLC

Alida Kleban Holding Company, LLC

Sun Realty Associates, LLC

Kleban Development Company

FBW, LLC

  

Member

Member

Member

Member

Member

Member

Member

Member

Member

Member

Member

Member

    
80.0000

5.1676

1.1789

0.9871

1.3768

2.6451

0.7769

1.1790

0.8306

3.9009

0.4598

1.4973


R-K Brick Walk I, LLC

   Delaware   

Regency-Kleban Properties, LLC

  

Member

     100

R-K Brick Walk II, LLC

   Delaware   

Regency-Kleban Properties, LLC

  

Member

     100

R-K Brick Walk III, LLC

   Delaware   

Regency-Kleban Properties, LLC

  

Member

     100

R-K Brick Walk IV, LLC

   Delaware   

Regency-Kleban Properties, LLC

  

Member

     100

R-K Brick Walk V, LLC

   Delaware   

Regency-Kleban Properties, LLC

  

Member

     100

R-K Fairfield I, LLC

   Delaware   

Regency-Kleban Properties, LLC

  

Member

     100

R-K Fairfield IV, LLC

   Delaware   

Regency-Kleban Properties, LLC

  

Member

     100

R-K Fairfield V, LLC

   Delaware   

Regency-Kleban Properties, LLC

  

Member

     100

R-K Black Rock I, LLC

   Delaware   

Regency-Kleban Properties, LLC

  

Member

     100

R-K Black Rock II, LLC

   Delaware   

Regency-Kleban Properties, LLC

  

Member

     100

R-K Black Rock III, LLC

   Delaware   

Regency-Kleban Properties, LLC

  

Member

     100

Regency Petaluma, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Regency Remediation, LLC

   Florida   

Regency Centers, L.P.

  

Member

     100

Regency Village at Dublin, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Sandy Springs Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

SEPR Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Shops at Saugus, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Shops at Mira Vista Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Shoppes on Riverside Jax, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Southpark Cinco Ranch, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Spring Hill Town Center, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

T&R New Albany Development Company, LLC

   Ohio   

Regency Centers, L.P.

Topvalco

  

Managing

Member

Member

    
50

50


Tinwood, LLC

   Delaware   

Regency Centers, L.P.

Real Sub, LLC

  

Managing

Member

Member

    
50

50


Tinwood-Pebblebrooke, LLC

   Delaware   

Tinwood, LLC

  

Member

     100

Twin City Plaza Member, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Twin City Plaza, LLC

   Delaware   

Twin City Plaza Member, LLC

  

Member

     100

UC Shopping Center, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100


Entity

  

Jurisdiction

  

Owner(s)

  

Nature of

Interest15

   % of
Ownership
 

Uncommon, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Uptown Member, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Uptown District Regency, LLC

   Delaware   

Uptown Member, LLC

  

Member

     100

WFC-Purnell, L.P.

   Delaware   

Regency NC GP, LLC

Regency Centers, L.P.

  

General Partner

Limited Partner

    
1

99


Willow Festival Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Willow Oaks Crossing, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Regency Realty Group, Inc.

   Florida   

Regency Centers, L.P.

  

Common Stock

     100

1488-2978 SC GP, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

1488-2978 SC, L.P.

   Texas   

1488-2978 SC GP, LLC

Regency Centers, L.P.

  

General Partner

Limited Partner

    
1

99


Centerplace of Greeley III, LLC

   Delaware   

Regency Realty Group, Inc.

  

Member

     100

Culpeper Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

East San Marco, LLC

   Florida   

Regency Realty Group, Inc.

  

Member

     100

Kulpsville Village Center LP, LLC

   Delaware   

Regency Realty Group, Inc.

  

Member

     100

Kulpsville Village Center, L.P.

   Delaware   

RRG Pennsylvania GP, Inc.

Kulpsville Village Center LP, LLC

  

General Partner

Limited Partner

    
1

99


Lower Nazareth LP Holding, LLC

   Delaware   

Regency Realty Group, Inc.

  

Member

     100

Lower Nazareth Partner, LP

   Delaware   

Regency Realty Group, Inc.

Lower Nazareth LP Holding, LLC

  

Limited Partner

General Partner

    
100

0


Lower Nazareth GP, LLC

   Delaware   

Regency Realty Group, Inc.

  

Member

     100

Lower Nazareth Commons, LP

   Delaware   

Lower Nazareth GP, LLC

Lower Nazareth Partner, LP

  

General Partner

Limited Partner

    
.5

99.5


NorthGate Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Paso Golden Hill, LLC

   Delaware   

Regency Realty Group, Inc.

  

Member

     100

RB Schererville Crossings, LLC

   Delaware   

Regency Realty Group, Inc.

WH41, LLC

  

Managing

Member

Member

     Varies  

Baronhawks, LLC

   Delaware   

Regency Realty Group, Inc.

  

Member

     100

RRG Net, LLC

   Florida   

Regency Realty Group, Inc.

  

Member

     100

Regency Solar, LLC

   Delaware   

Regency Realty Group, Inc.

  

Member

     100

Regency Solar II, LLC

   Delaware   

New Regency Realty Group, Inc.

  

Member

     100

Seminole Shoppes, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Shops at Highland Village GP, LLC

   Delaware   

Regency Realty Group, Inc.

  

Member

     100

Shops at Highland Village Development, Ltd.

   Delaware   

Shops at Highland Village GP, LLC

Regency Centers, L.P.

  

General Partner

Limited Partner

    
1

99


Shops at Quail Creek, LLC

   Delaware   

Regency Realty Group, Inc.

  

Member

     100

Stonewall Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

RRG Pennsylvania GP, Inc.

   Florida   

Regency Realty Group, Inc.

  

Common Stock

     100

US Regency Hasley Canyon Village, LLC

   Delaware   

US Regency Retail I, LLC

  

Member

     100

US Regency Blossom Valley, LLC

   Delaware   

US Regency Retail I, LLC

  

Member

     100

US Regency Alden Bridge, LLC

   Delaware   

US Regency Retail I, LLC

  

Member

     100

US Regency Bethany Park Place, LLC

   Delaware   

US Regency Retail I, LLC

  

Member

     100

US Regency Shiloh Springs, LLC

   Delaware   

US Regency Retail I, LLC

  

Member

     100

US Regency Willa Springs, LLC

   Delaware   

US Regency Retail I, LLC

  

Member

     100

US Regency Dunwoody Hall, LLC

   Delaware   

US Regency Retail I, LLC

  

Member

     100

US Regency Maynard Crossing, LLC

   Delaware   

US Regency Retail I, LLC

  

Member

     100


Entity

  

Jurisdiction

  

Owner(s)

  

Nature of

Interest15

   % of
Ownership
 

Clarendon Regency I, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Mellody Farm, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Springwoods Village Stuebner/Regency, LLC

   Delaware   

Regency Centers, L.P.

Spring RRC I, LLC

  

Managing

Member

Member

    
53

47


Spring Stuebner RRC I Inc.

   Delaware   

Springwoods Village Stuebner/Regency, LLC

  

Member

     100

Culver Public Market, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Clarendon Regency II, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Clarendon Regency III, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Clarendon Regency IV, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Clarendon Regency V, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

2C Tustin Legacy, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Klahanie Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Commonwealth Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Commonwealth Regency II, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Bridgewater Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Midtown East Regency-ITB, LLC

   Delaware   

Regency Centers, L.P.

I.T.B. Holdings, L.L.C.

  

Member

Member

    
50

50


The Village at Riverstone, LLC

   Delaware   

Regency Centers, L.P.

RIVJV, LLC

  

Managing

Member

Member

     varies  

Columbia II Plaza Venezia, LLC

   Delaware   

Columbia Regency Partners II, LLC

  

Member

     100

Chimney Rock LQR, LLC

   Delaware   

New Regency Realty Group, Inc.

  

Member

     100

Garden City Park, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Pinecrest Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Regency Springing Member, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Regency Goodwyn, LLC

   Delaware   

Regency Centers, L.P.

Richmond Shopping Center, Inc. and Goodwyn Bros. General Partnership

  

Managing

Member

Member

     Varies  

Indigo Square Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

5510-5520 Broadway, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Equity Asset Investor (Talega) LLC

   Florida   

Regency Centers, L.P.

  

Member

     100

Equity One (Bridgemill) LLC

   Georgia   

Regency Centers, L.P.

  

Member

     100

Equity One (Copps Hill) LLC

   Florida   

Regency Centers, L.P.

  

Member

     100

Equity One (Florida Portfolio) LLC

   Florida   

Regency Centers, L.P.

  

Member

     100

Equity One (Louisiana Portfolio) LLC

   Florida   

Louisiana Holding LLC

  

Member

     100

Equity One (Northeast Portfolio) LLC

   Massachusetts   

Regency Centers, L.P.

  

Member

     100

Equity One (San Carlos) LLC

   Delaware   

Equity One (West Coast Portfolio) LLC

  

Member

     100

Equity One (Sheridan Plaza) LLC

   Florida   

Regency Centers, L.P.

  

Member

     100

Equity One (Southeast Portfolio) LLC

   Georgia   

Regency Centers, L.P.

  

Member

     100

Equity One (Summerlin) LLC

   Florida   

Regency Centers, L.P.

  

Member

     100

Equity One (Westbury Plaza) LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Equity One (West Coast Portfolio) LLC

   Florida   

Regency Centers, L.P.

  

Member

     100

Equity One (Westport) LLC

   Florida   

Regency Centers, L.P.

  

Member

     100


Entity

  

Jurisdiction

  

Owner(s)

  

Nature of

Interest15

   % of
Ownership
 

Equity One (Westport Village Center) LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Equity One Realty & Management NE, LLC

   Massachusetts   

Regency Centers, L.P.

  

Member

     100

Regency Centers Management, LLC f/k/a Equity One Realty & Management SE, LLC

   Georgia   

Regency Centers, L.P.

  

Member

     100

EQY Portfolio Investor (Empire) LLC

   Florida   

Regency Centers, L.P.

  

Member

     100

EQY Portfolio Investor (GRI) LLC

   Florida   

Regency Centers, L.P.

  

Member

     100

GRI-EQY (Concord) LLC

   Delaware   

EQY Portfolio Investor (GRI) LLC

  

Member

     100

Harvard Collection LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

IRT Management LLC

   Georgia   

Regency Centers, L.P.

  

Member

     100

IRT Partners, L.P.

   Georgia   

Regency Centers, L.P.

IRT Management LLC

  

General Partner

Limited Partner

    
1

99


Louisiana Holding LLC

   Florida   

Regency Centers, L.P.

  

Member

     100

Southbury Spirits Member, LLC

   Connecticut   

Regency Centers, L.P.

  

Member

     100

Southbury Spirits, LLC

   Connecticut   

Southbury Spirits Member, LLC

  

Member

     100

IRT Capital Corporation II

   Georgia   

Regency Centers, L.P.

  

Member

     100

DIM Vastgoed N.V.

   Netherlands   

Regency Centers, L.P.

  

Member

     100

EQY-CSC, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

C&C (US) No. 1, Inc.

   Delaware   

Regency Centers. L.P.

Outside Investors

  

Common Stock

Preferred Stock

    
100

varies


 

C&C Delaware, Inc.

   Delaware   

C&C (US) No. 1, Inc.

  

Common Stock

     100

621 Colorado Associates, LLC

   Delaware   

Equity One Realty & Management CA, Inc.

  

Member

     100

Equity One (Culver) LLC

   Delaware   

621 Colorado Associates, LLC

  

Member

     100

Equity One Realty & Management CA, Inc.

   Delaware   

C&C (US) No. 1, Inc.

  

Common Stock

     100

Equity One (Circle West) LLC

   Delaware   

Equity One Realty & Management CA, Inc.

  

Member

     100

Equity One (Compo Acres) LLC

   Connecticut   

Equity One Realty & Management CA, Inc.

  

Member

     100

Equity One (Darinor) LLC

   Delaware   

Equity One Realty & Management CA, Inc.

  

Member

     100

Equity One (Metropolitan) LLC

   Delaware   

Equity One Realty & Management CA, Inc.

  

Member

     100

Equity One (Post Road) LLC

   Connecticut   

Equity One Realty & Management CA, Inc.

  

Member

     100

Equity One (Ralphs Circle) LLC

   Delaware   

Equity One Realty & Management CA, Inc.

  

Member

     100

Equity One (Vons Circle) LLC

   Delaware   

Equity One Realty & Management CA, Inc.

  

Member

     100

Marketplace Center, Inc.

   California   

Equity One Realty & Management CA, Inc.

  

Common Stock

     100

Daly City Serramonte Center, LLC

   Delaware   

Equity One Realty & Management CA, Inc.

  

Member

     100

Serramonte Center Holding Co. LLC

   Delaware   

Daly City Serramonte Center, LLC

  

Member

     100

Willows Center Concord, Inc.

   California   

Equity One Realty & Management CA, Inc.

  

Common Stock

     100

Willows Center Concord, LLC

   California   

Willows Center Concord, Inc.

  

Member

     100

G.S. Associates Holding Corp.

   Delaware   

Equity One Realty & Management CA, Inc.

  

Common Stock

     100


Entity

  

Jurisdiction

  

Owner(s)

  

Nature of

Interest15

   % of
Ownership
 

G.S. Associates Joint Venture 326118

   California   

Equity One Realty & Management CA, Inc.

G.S. Associates Holding Corp.

  

Partner

Partner

    
99.9

0.1


Escuela Shopping Center, LLC

   Delaware   

G.S. Associates Joint Venture 326118

  

Member

     100

Equity One JV Portfolio LLC

   Delaware   

EQY Portfolio Investor (Empire) LLC

New York Common Fund

  

Managing

Member

Member

    
30

70


Equity One JV Sub Riverfront Plaza LLC

   Delaware   

Equity One JV Portfolio LLC

  

Member

     100

Equity One (Country Walk) LLC

   Delaware   

Equity One JV Portfolio LLC

  

Member

     100

Equity One JV Sub CT Path LLC

   Delaware   

Equity One JV Portfolio LLC

  

Member

     100

Equity One JV Sub Veranda LLC

   Delaware   

Equity One JV Portfolio LLC

  

Member

     100

Equity One JV Sub Northborough LLC

   Delaware   

Equity One JV Portfolio LLC

  

Member

     100

Equity One JV Sub Grove LLC

   Delaware   

Equity One JV Portfolio LLC

  

Member

     100

Sunlake-Equity One LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

EQY Talega LLC

   Delaware   

Equity Asset Investor (Talega) LLC

Regency Centers, L.P.

  

Member

Managing

Member

    
99

1


Talega Village Center JV, LLC

   Delaware   

EQY Talega LLC

Regency Centers, L.P.

  

Member

Managing

Member

    
99

1


Talega Village Center, LLC

   Delaware   

Talega Village Center JV, LLC

  

Member

     100

Riverstone Market SWC, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Columbia II Metuchen, LLC

   Delaware   

Columbia Regency Partners II, LLC

  

Member

     100

Glengary Shoppes LLC

   Delaware   

DIM Vastgoed, N.V.

  

Member

     100

Hammocks Town Center LLC

   Delaware   

DIM Vastgoed, N.V.

  

Member

     100

Magnolia Shoppes LLC

   Delaware   

DIM Vastgoed, N.V.

  

Member

     100

Scripps REG, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Hewlett I Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Hewlett II Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Roosevelt Square Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Rivertowns Square Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Shops on Main LQR, LLC

   Indiana   

RB Schererville Crossings, LLC

  

Member

     100

Block in Ballard II, LLC

   Delaware   

Block in Ballard II JV, LLC

  

Member

     100

Block in Ballard II JV, LLC

   Delaware   

Regency Centers, L.P.

1290 Broadway Lane REIT, LLC

  

Managing

Member

Member

    
49.9

50.1


Block in Ballard I JV, LLC

   Delaware   

Regency Centers, L.P.

Principal Enhanced Property Fund, L.P.

  

Managing

Member

Member

    
49.9

50.1


Block in Ballard, LLC

   Delaware   

Reflections at the Lake REIT, LLC

  

Member

     100

Reflections at the Lake REIT, LLC

   Delaware   

Block in Ballard I JV, LLC

  

Member

     100

Melrose Market Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

TF REG, LLC

   Delaware   

Regency Centers, L.P.

Outside Investors

  

Managing

Member

Members

    
18.375

varies


 

New Regency Realty Group, Inc.

   Florida   

Regency Centers, L.P.

  

Member

     100

Falls Church Regency, LLC

   Delaware   

New Regency Realty Group, Inc.

  

Member

     100


Entity

  

Jurisdiction

  

Owner(s)

  

Nature of

Interest15

   % of
Ownership
 

FCC Member 1 LLC

   Delaware   

Falls Church Regency, LLC

EYA FCC Investments LLC

  

Member

Managing

Member

    
75

25


Falls Church Commons JV, LLC

   Delaware   

FCC Member 1 LLC

PNH WFC LLC

  

Member

Member

    
50

50


6401 Roosevelt Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Pruneyard Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Old Bridge Regency, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

Old Bridge Regency-Village, LLC

   Delaware   

Old Bridge Regency, LLC

Village Old Bridge LLC

  

Member

Member

    
80

20


Restaurant Ventures, LLC

   Delaware   

RB Schererville Crossings, LLC

  

Member

     100

NRRG Net, LLC

   Delaware   

New Regency Realty Group, Inc.

  

Member

     100

Stonewall Regency Lending, LLC

   Delaware   

Equity One Realty & Management CA, Inc.

  

Member

     100

Regency Protective Trust II

   Florida   

New Regency Realty Group, Inc.

  

Beneficiary

     100

Midtown Junction, LLC

   Delaware   

Regency Centers, L.P.

  

Member

     100

NRRG Investments I, Inc.

   Florida   

New Regency Realty Group, Inc.

  

Common Stock

     100

Regency Kensington Bethesda Member, LLC

   Maryland   

NRRG Investments I, Inc.

  

Member

     100

Regency Kensington Bethesda Owner, LLC

   Maryland   

Regency Centers, L.P.

  

Member

     100