12/1/2011

Grocery-anchored shopping centers performed well in the recession, says Martin "Hap" Stein Jr., chairman and CEO of Regency Centers. "People have to eat and they are still spending money in restaurants," he said, adding that Regency Centers' supermarkets average more than $25 million in sales. He also said grocery-anchored centers average a 92% occupancy rate.

Full Story:
REIT.com

Related Summaries