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SANTA MARIA, CALIF. — Regency Realty Group has completed the disposition of the leasehold interest in a 95-year ground lease in Santa Maria Commons, a 117,000-square-foot retail center in Santa Maria. An undisclosed buyer acquired the leasehold interests for $10 million. Located at 2407 S. Broadway, the center is tenanted by Kohl’s, Rite Aid and Wachovia. Tom Lagos, Bill Bauman and Kyle Miller of Colliers International represented the seller in the transaction.