Lisa Palmer, president and CEO of Regency Facilities Corp. (Nasdaq: REG), sat down for a video interview at Nareit’s REITweek: 2026 Investor Convention in New York, June 1-4.
Palmer famous that grocery-anchored procuring facilities proceed to outperform as a result of they meet on a regular basis shopper wants with comfort, worth, and important providers. Demand stays broad-based, led by meals and beverage, with power additionally in service, health, and medical tenants. “By means of all financial cycles, shoppers are procuring at their native neighborhood and neighborhood facilities. We’re seeing demand sturdy throughout all makes use of,” she mentioned.
A protracted interval of restricted new provide for the reason that international monetary disaster has tightened accessible house and supported sturdy sector fundamentals., Palmer famous. Retailers additionally now see bodily shops and e-commerce as complementary, not aggressive, with shops serving as a important final mile touchpoint for buyer acquisition, retention, and success.
On progress, Palmer highlighted how growth and redevelopment present a significant benefit, with greater than $600 million at the moment underway and returns that exceed acquisitions by roughly 150 to 200 foundation factors. “For a redevelopment, you are reinvesting again into the belongings that we all know so properly and know what brings that success, and the returns are a lot higher than what we generate from acquisitions,” she mentioned.
Wanting forward, Regency is monitoring foot visitors, tenant hire collections, tenant gross sales, and shopper sentiment, whereas remaining optimistic as a result of grocery-anchored facilities have proven resilience throughout financial cycles.
