Regency Properties Acquires Two Shopping Centers in Michigan Totaling 115,623 Square Feet

Caro Centre in Caro, Michigan, is home to Family Dollar, Peebles, Goodwill and Caro Ace Hardware. Caro Centre in Caro, Michigan, is home to Family Dollar, Peebles, Goodwill and Caro Ace Hardware.

Caro, Mich. — Regency Properties has acquired two shopping centers in Caro totaling 115,623 square feet: Caro Centre and Sugarcreek Plaza.

The sales price and seller were not disclosed. The 71,706-square-foot Caro Centre is home to tenants including Family Dollar, Peebles, Goodwill and Caro Ace Hardware. Regency Properties plans to invest approximately $200,000 to renovate the property’s façade. Sugarcreek Plaza totals 43,916 square feet and is home to two tenants — Tractor Supply Co. and Save-A-Lot. In addition, the property includes a 0.82-acre outlot that is available for development. 

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