Regency Centers Corp. Sells Retail Property In East Palo Alto For $53.2M

1771 E. Bayshore Rd. in East Palo Alto, a retail property, was recently sold. The transaction took place on 05/21/2021 and was facilitated by Bryan Ley, Eric Kathrein, and Tony Ensbury from JLL. The seller of the property was Regency Centers Corp., represented by Lisa Palmer. The sale price for the property was $53,200,000, and it spans an area of 92,110 square feet with a price per square foot of $577.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $53,200,000
• Address: 1771 E. Bayshore Rd.
• Market: East Palo Alto

The deal was successfully completed thanks to the efforts of Bryan Ley, Eric Kathrein, and Tony Ensbury from JLL, who represented Regency Centers Corp. in the transaction. Lisa Palmer, acting as the seller's representative, played a crucial role in the sale. The property boasts a size of 92,110 square feet, with a sale price of $53,200,000.