8-K
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

May 18, 2022

Date of Report (Date of earliest event reported)

 

REGENCY CENTERS CORPORATION

REGENCY CENTERS, L.P.

(Exact name of registrant as specified in its charter)

 

 

 

https://cdn.kscope.io/5fae06d9a781521d88bf7f6ed5d776d1-img37328387_0.jpg 

 

 

Florida (Regency Centers Corporation)

Delaware (Regency Centers, L. P.)

 

001-12298 (Regency Centers Corporation)

0-24763 (Regency Centers, L.P.)

 

59-3191743 (Regency Centers Corporation)

59-3429602 (Regency Centers, L.P.)

(State or other jurisdiction of incorporation)

 

Commission File Number)

 

(IRS Employer Identification No.)

 

One Independent Drive, Suite 114

Jacksonville, Florida 32202

(Address of principal executive offices) (Zip Code)

 

(904) 598-7000

(Registrant's telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Securities registered pursuant to Section 12(b) of the Act:

Regency Centers Corporation

 

Title of each class

 

Trading Symbol

 

Name of each exchange on which registered

Common Stock, $.01 par value

 

REG

 

The Nasdaq Stock Market LLC

 

Regency Centers, L.P.

 

Title of each class

 

Trading Symbol

 

Name of each exchange on which registered

None

 

N/A

 

N/A

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230 .425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 


 

 

Item 8.01

Other Events

Green Lease Leaders Gold Recognition for Sustainability

On May 18, 2022, Regency Centers Corporation (“Regency”) issued a press release announcing that it has been named a 2022 Green Lease Leader with Gold recognition, as determined by the Institute for Market Transformation and the U. S. Department of Energy's Better Building Alliance. A copy of this press release is filed as Exhibit 99.1 to this report.

Corporate Responsibility Report

On May 24, 2022, Regency issued a press release announcing the publication of its 2021 Corporate Responsibility Report (the “Report”) and a copy of this press release is filed as Exhibit 99.2 to this report. The Report is accessible through the Corporate Responsibility section of Regency's website at www.regencycenters.com/corporate-responsibility.

The information furnished under this item 8.01, including Exhibit 99.1 and 99.2 incorporated by reference herein, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act.

 

Item 9.01

Financial Statements and Exhibits

 

 

(d) Exhibits

 

 

Exhibit 99.1

Press release dated May 18, 2022.

 

 

Exhibit 99.2

Press release dated May 24, 2022.

 

 

104

Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL documents)

 

 

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

REGENCY CENTERS CORPORATION

 

 

 

 

May 24, 2022

By:

 

/s/ J. Christian Leavitt

 

 

 

J. Christian Leavitt, Senior Vice President and Treasurer

(Principal Accounting Officer)

 

 

 

 

 

 

 

 

 

 

 

 

 

REGENCY CENTERS, L.P.

 

 

 

 

 

By: Regency Centers Corporation, its general partner

 

 

 

 

May 24, 2022

By:

 

/s/ J. Christian Leavitt

 

 

 

J. Christian Leavitt, Senior Vice President and Treasurer

(Principal Accounting Officer)

 

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EX-99.1

Exhibit 99.1

 

https://cdn.kscope.io/5fae06d9a781521d88bf7f6ed5d776d1-img24873041_0.jpg 

News Release

For immediate release

 

Christy McElroy

904 598 7616

ChristyMcElroy@regencycenters.com

 

Regency Centers Receives Green Lease Leaders Gold Recognition for Sustainability

 

JACKSONVILLE, Fla. (May 18, 2022) – Regency Centers Corporation (“Regency” or the “Company”) (Nasdaq: REG) is pleased to announce that it has been included in the 2022 Green Lease Leaders list with Gold recognition, granted by the Institute for Market Transformation and the U.S. Department of Energy’s Better Buildings Alliance. This award sets national standards for a green lease while recognizing landlords and tenants who modernize their leases to spur collaborative action on energy efficiency, cost savings, air quality, and sustainability in buildings. Throughout the years, Regency Centers has made great efforts to reduce environmental impacts through high-performing buildings and strong partnerships with participating tenants.

 

“We are proud to be recognized for our efforts to further incorporate our goals for environmental stewardship into our day-to-day operations,” said Lisa Palmer, President and Chief Executive Officer. “We continue to partner with our tenants, and all other stakeholders, to collectively embrace greener initiatives and work toward a more sustainable future.”

 

 

About Regency Centers Corporation (Nasdaq: REG)

 

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit RegencyCenters.com.

 

 

 

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EX-99.2

Exhibit 99.2

 

https://cdn.kscope.io/5fae06d9a781521d88bf7f6ed5d776d1-img25796562_0.jpg 

News Release

For immediate release

 

Christy McElroy

904 598 7616

ChristyMcElroy@regencycenters.com

 

Regency Centers Issues Annual Corporate Responsibility Report

 

JACKSONVILLE, Fla. (May 24, 2022) – Regency Centers Corporation (“Regency” or the “Company”) (Nasdaq: REG) today announced the release of its annual Corporate Responsibility Report. The report highlights Regency’s 2021 environmental, social, and governance achievements and future commitments, and underscores its commitment to transparency in these crucial areas. The report can be found on the Corporate Responsibility page of Regency’s website.

 

“Corporate responsibility is embodied throughout our organization and is the lens through which we approach our business and make day-to-day decisions,” said Lisa Palmer, President and Chief Executive Officer. “We have made great progress on our ESG initiatives over time, though there is still room to improve and elevate our commitments. I look forward to continue building on the momentum we’ve created.”

 

Key highlights from the 2021 Corporate Responsibility Report:

 

Continued progress on its multi-year diversity, equity, and inclusion (DEI) strategy
Developed its first two employee resource groups (ERGs) to further DEI progress
Launched WorkFlex, the Company’s flexible work location policy
Together with its employees, contributed approximately $1.4 million to charitable causes
Demonstrated respect for local culture and the Company’s values through property rebranding initiatives
Continued to refresh its Board of Directors through careful, thoughtful succession planning
Exceeded its goals for greenhouse gas (GHG) emissions reduction, energy efficiency, and waste management
Received endorsement by the Science Based Targets initiative (SBTi) for its short-term (2030) GHG emissions reduction target
Set a long term (2050) target to achieve net zero emissions
Achieved the highest score of “1” in each of ISS’ QualityScore categories
Awarded a GRESB Green Star for the seventh consecutive year
Recognized for the third year on Newsweek’s Most Responsible Companies List, ranked top 100
Recognized among the “Best Places to Work” by the Jacksonville Business Journal

 

Regency’s Future Commitments:

 

Regency remains focused on each of its four corporate responsibility pillars and aims to set goals that provide transparency and accountability. With its 2021 goals met or exceeded, Regency is reshaping its strategy and refining its commitments. For example, the 2021 Corporate Responsibility Report introduces new short-and-long-term goals to advance Regency’s environmental sustainability efforts, specifically to deepen the Company’s

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commitments to reduce its carbon footprint. The new goals include a commitment to reduce the Company’s Scope 1 and 2 GHG emissions by 28% by 2030 from a 2019 baseline year, endorsed by the SBTi, and a long-term goal to achieve net-zero Scope 1 and 2 GHG emissions across all operations by 2050. Other new or refined environmental goals include commitments around energy efficiency, renewable energy, water consumption, waste management, and electric vehicle charging stations at the Company’s shopping centers. The 2021 report also introduces new goals within the Company’s other three corporate responsibility pillars: Our People, Our Communities, and Ethics & Governance.

 

 

 

About Regency Centers Corporation (Nasdaq: REG)

 

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit RegencyCenters.com.

 

Certain statements in this report may be “forward-looking statements.” These statements are based on the current expectations of Regency Centers and are subject to uncertainty and changes in circumstances. These statements are not guarantees of future results, goal achievement or occurrences. Actual results, achievement of goals and financial condition may differ materially from those anticipated or expected from or represented by these statements due to a variety of factors, including, among others, socio-demographic and economic trends, energy prices, technological innovations, climate-related conditions and weather events, legislative and regulatory changes and other unforeseen events or conditions, the potential impacts of climate change on our business and our ability to mitigate them, and the precautionary statements included in Regency Centers’ filings with the Securities and Exchange Commission (SEC). Any forward-looking statements made by or on behalf of Regency Centers speak only as to the date they are made, and Regency Centers does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made. In addition, while this report describes potential future events that may be significant, the significance of those potential events should not be read as equating to materiality as the concept is used in Regency Centers’ filings with the SEC.

 

 

 

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