92,300-SQUARE-FOOT RETAIL PROPERTY SELLS

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EAST PALO ALTO, CALIF. — Jacksonville, Fla.-based Regency Centers has acquired a 92,3000-square-foot retail building, which was formerly occupied by EXPO design Center, in East Palo Alto. Located at 1771 E. Bayshore Blvd., the property sold for an undisclosed price. The buyer plans to market the former single-tenant space as a multi-tenant property. Patrick McGaughey and Sam Finne with Terranomics Retail Services, the retail arm of NAI BT Commercial, represented the seller, Atlanta-based The Home Depot, in the transaction.

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