Regency Centers (www.regencycenters.com), a national owner, operator and developer of grocery-anchored and community shopping centers, has signed a lease and begun construction on a new Toys “R” Us/Babies “R” Us store at Indio Towne Center in Indio, Calif.
The 46,827-square foot location will replace the retailer’s store in Palm Desert and become its only location in Southern California’s Coachella Valley.
Both parties were represented by Bill Bauman, Bryan Norcott and Lee Clay Park with Studley, Inc.
“Toys “R” Us/Babies “R” Us will do well here with the changing demographics and a heavy concentration of families in Indio,” said Regency Centers vice president Gregg Sadowsky, who noted that Regency will construct a turnkey, build-to-suit box for the store.
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