Regency picks up northern California shops

Colliers International represented both parties in the purchase of Clayton Valley, a 217,000-square-foot shopping center in Concord, Calif.

The transaction was valued at approximately $26 million.

The shopping center is located at 5400 Ygnacio Valley Road.

Regency Centers, an owner and developer of grocery-anchored shopping centers, purchased the property from a private investor.

Colliers is a commercial real estate company.

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