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Boardwalk Development selected for Uptown District shopping center

Regency Centers Corp. of Jacksonville, Fla. choose San Diego-based Boardwalk Development as the leasing agent for properties in the business complex housed by Ralphs supermarket and Trader Joe’s in Hillcrest. Called Uptown District, the 148,000-square-foot shopping center was recently acquired by Regency Centers for $81.1 million, becoming San Diego County’s largest retail sale in 2012. “One of the primary leasing objectives is to create a vibrant street scene along University Avenue,” said Ben Longwell of Boardwalk Development in a press release. “We are seeking two unique food and beverage operators that will ‘anchor’ the street presence … and bring life to the existing courtyard, which is anticipated to become one of Hillcrest’s most reassured and interesting public amenities.” When the sale was announced in January, the shopping center was 95 percent leased. “Uptown District is a vital asset to one of San Diego’s most densely populated trade areas. We believe our investment and rethinking of this 1980s visionary project will bring Hillcrest and San Diego a fantastic urban shopping experience,” said Gregg Sadowsky, Regency Centers senior vice president and senior market officer, in the release.

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