Regency Invests $35M in Davis Retail Center
August 31, 2011
By: Eric Kies

Regency Centers Corp. purchased Oak Shade Town Center at 2101-2191 Cowell Blvd. in Davis, CA, from Petrovich Development Co. for $35 million or $337 per square foot.

The 103,762-square-foot shopping center is anchored by Safeway, Office Max and Rite Aid. At the time of sale the property was 95 percent leased.

John Dubois of Retail West and William Bauman and Kyle Miller of Studley represented Petrovich. Regency Centers was represented in-house.

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