

REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P. Schedule III - Consolidated Real Estate and Accumulated Depreciation December 31, 2015 (in thousands)

	Initial Cost					Total Cost				Net Cost
Shopping Centers ⁽¹⁾	Land		Building & Improvements	Cost Capitalized Subsequent to Acquisition ⁽²⁾		Land	Building & Improvements	Total	Accumulated Depreciation	Net of Accumulated Depreciation	Mortgages
4S Commons Town Center	$	30,760	35,830	797		30,812	36,575	67,387	18,476	48,911	62,500
Airport Crossing	1,748		1,690	156		1,744	1,850	3,594	885	2,709	—
Amerige Heights Town Center	10,109		11,288	440		10,109	11,728	21,837	3,317	18,520	16,349
Anastasia Plaza	9,065		—	470		3,338	6,197	9,535	1,653	7,882	—
Ashburn Farm Market Center	9,835		4,812	145		9,835	4,957	14,792	3,810	10,982	—
Ashford Perimeter	2,584		9,865	879		2,584	10,744	13,328	6,412	6,916	—
Augusta Center	5,142		2,720	(5,632	)	1,366	864	2,230	436	1,794	—
Aventura Shopping Center	2,751		10,459	30		2,751	10,489	13,240	10,330	2,910	—
Balboa Mesa Shopping Center	23,074		33,838	13,857		27,765	43,004	70,769	5,496	65,273	—
Belleview Square	8,132		9,756	2,358		8,323	11,923	20,246	6,105	14,141	—
Berkshire Commons	2,295		9,551	1,905		2,965	10,786	13,751	6,804	6,947	7,500
Blackrock	22,251		20,815	132		22,251	20,946	43,197	1,787	41,410	19,828
Bloomingdale Square	3,940		14,912	2,081		3,940	16,993	20,933	7,997	12,936	—
Boulevard Center	3,659		10,787	1,188		3,659	11,975	15,634	5,872	9,762	—
Boynton Lakes Plaza	2,628		11,236	4,606		3,606	14,864	18,470	5,692	12,778	—
Brentwood Plaza	2,788		3,473	286		2,788	3,759	6,547	836	5,711	—
Briarcliff La Vista	694		3,292	461		694	3,753	4,447	2,442	2,005	—
Briarcliff Village	4,597		24,836	1,164		4,597	26,000	30,597	15,674	14,923	—
Brickwalk	25,299		41,995	183		25,299	42,178	67,477	2,639	64,838	31,514
Bridgeton	3,033		8,137	107		3,067	8,210	11,277	1,528	9,749	—
Brighten Park	3,983		18,687	2,162		3,926	20,906	24,832	11,241	13,591	—
Buckhead Court	1,417		7,432	835		1,417	8,267	9,684	5,271	4,413	—
Buckley Square	2,970		5,978	836		2,970	6,814	9,784	3,520	6,264	—
Buckwalter Place Shopping Ctr	6,563		6,590	498		6,783	6,868	13,651	3,058	10,593	—
Caligo Crossing	2,459		4,897	144		2,546	4,954	7,500	2,064	5,436	—
Cambridge Square	774		4,347	725		774	5,072	5,846	2,768	3,078	—
Carmel Commons	2,466		12,548	4,737		3,422	16,329	19,751	7,570	12,181	—
Carriage Gate	833		4,974	2,782		1,302	7,287	8,589	4,730	3,859	—
Centerplace of Greeley III	6,661		11,502	1,621		5,690	14,094	19,784	4,225	15,559	—
Chasewood Plaza	4,612		20,829	4,737		6,511	23,667	30,178	13,365	16,813	—
Cherry Grove	3,533		15,862	2,286		3,533	18,148	21,681	8,133	13,548	—
Clayton Valley Shopping Center	24,189		35,422	2,261		24,538	37,334	61,872	18,678	43,194	—



REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P. Schedule III - Consolidated Real Estate and Accumulated Depreciation December 31, 2015 (in thousands)

	Initial Cost				Total Cost				Net Cost
Shopping Centers ⁽¹⁾	Land	Building & Improvements	Cost Capitalized Subsequent to Acquisition ⁽²⁾		Land	Building & Improvements	Total	Accumulated Depreciation	Net of Accumulated Depreciation	Mortgages
Clybourn Commons	15,056	5,594	118		15,056	5,712	20,768	458	20,310	—
Cochran's Crossing	13,154	12,315	848		13,154	13,163	26,317	8,208	18,109	—
Corkscrew Village	8,407	8,004	171		8,407	8,175	16,582	2,726	13,856	7,642
Cornerstone Square	1,772	6,944	1,145		1,772	8,089	9,861	4,576	5,285	—
Corvallis Market Center	6,674	12,244	388		6,696	12,610	19,306	4,124	15,182	—
Costa Verde Center	12,740	26,868	1,609		12,798	28,419	41,217	13,910	27,307	—
Courtyard Landcom	5,867	4	3		5,867	7	5,874	1	5,873	—
Culpeper Colonnade	15,944	10,601	4,876		16,258	15,163	31,421	6,911	24,510	—
Dardenne Crossing	4,194	4,005	253		4,343	4,109	8,452	1,056	7,396	—
Delk Spectrum	2,985	12,001	1,444		3,000	13,430	16,430	6,392	10,038	—
Diablo Plaza	5,300	8,181	1,123		5,300	9,304	14,604	4,243	10,361	—
Dunwoody Village	3,342	15,934	3,219		3,342	19,153	22,495	11,360	11,135	—
East Pointe	1,730	7,189	1,997		1,937	8,979	10,916	4,331	6,585	—
East Washington Place	15,993	40,151	1,570		15,509	42,205	57,714	4,992	52,722	—
El Camino Shopping Center	7,600	11,538	1,154		7,600	12,692	20,292	5,338	14,954	—
El Cerrito Plaza	11,025	27,371	859		11,025	28,230	39,255	7,278	31,977	37,989
El Norte Parkway Plaza	2,834	7,370	3,198		3,263	10,139	13,402	4,118	9,284	—
Encina Grande	5,040	11,572	(107	)	5,040	11,465	16,505	8,180	8,325	—
Fairfax Shopping Center	15,239	11,367	(5,539	)	13,175	7,892	21,067	2,107	18,960	—
Fairfield	6,731	29,420	432		6,731	29,852	36,583	1,793	34,790	—
Falcon	1,340	4,168	162		1,340	4,330	5,670	1,607	4,063	—
Fellsway Plaza	30,712	7,327	5,913		32,982	10,970	43,952	1,671	42,281	34,154
Fenton Marketplace	2,298	8,510	(8,307	)	512	1,989	2,501	417	2,084	—
Fleming Island	3,077	11,587	2,771		3,111	14,324	17,435	6,004	11,431	—
Fountain Square	29,650	28,286	208		29,650	28,494	58,144	1,624	56,520	—
French Valley Village Center	11,924	16,856	111		11,822	17,069	28,891	9,223	19,668	—
Friars Mission Center	6,660	28,021	1,244		6,660	29,265	35,925	12,430	23,495	—
Gardens Square	2,136	8,273	444		2,136	8,717	10,853	4,228	6,625	—
Gateway 101	24,971	9,113	26		24,971	9,139	34,110	3,163	30,947	—
Gateway Shopping Center	52,665	7,134	2,240		52,671	9,368	62,039	10,790	51,249	—
Gelson's Westlake Market Plaza	3,157	11,153	372		3,157	11,525	14,682	4,913	9,769	—
Glen Oak Plaza	4,103	12,951	475		4,103	13,426	17,529	2,492	15,037	—



REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P. Schedule III - Consolidated Real Estate and Accumulated Depreciation December 31, 2015 (in thousands)

	Initial Cost				Total Cost				Net Cost
Shopping Centers ⁽¹⁾	Land	Building & Improvements	Cost Capitalized Subsequent to Acquisition ⁽²⁾		Land	Building & Improvements	Total	Accumulated Depreciation	Net of Accumulated Depreciation	Mortgages
Glenwood Village	1,194	5,381	278		1,194	5,659	6,853	3,704	3,149	—
Golden Hills Plaza	12,699	18,482	2,815		12,054	21,942	33,996	5,777	28,219	—
Grand Ridge Plaza	24,208	61,033	3,053		24,879	63,415	88,294	7,731	80,563	11,125
Hancock	8,232	28,260	1,272		8,232	29,532	37,764	13,895	23,869	—
Harpeth Village Fieldstone	2,284	9,443	516		2,284	9,959	12,243	4,425	7,818	—
Harris Crossing	7,199	3,677	(13	)	7,152	3,711	10,863	1,827	9,036	—
Heritage Land	12,390	—	(453	)	11,937	—	11,937	—	11,937	—
Heritage Plaza	—	26,097	13,672		278	39,491	39,769	14,150	25,619	—
Hershey	7	808	7		7	815	822	326	496	—
Hibernia Pavilion	4,929	5,065	11		4,929	5,076	10,005	2,087	7,918	—
Hibernia Plaza	267	230	(3	)	267	227	494	70	424	—
Hickory Creek Plaza	5,629	4,564	276		5,629	4,840	10,469	2,999	7,470	—
Hillcrest Village	1,600	1,909	51		1,600	1,960	3,560	847	2,713	—
Hilltop Village	2,995	4,581	1,710		3,132	6,154	9,286	947	8,339	7,500
Hinsdale	5,734	16,709	10,352		7,985	24,810	32,795	8,912	23,883	—
Holly Park	8,975	23,799	(97	)	8,828	23,849	32,677	1,853	30,824	—
Howell Mill Village	5,157	14,279	2,105		5,157	16,384	21,541	4,111	17,430	—
Hyde Park	9,809	39,905	2,507		9,809	42,412	52,221	21,138	31,083	—
Indian Springs	24,974	25,903	18		25,034	25,861	50,895	1,085	49,810	—
Indio Towne Center	17,946	31,985	81		17,317	32,695	50,012	11,375	38,637	—
Inglewood Plaza	1,300	2,159	299		1,300	2,458	3,758	1,133	2,625	—
Jefferson Square	5,167	6,445	(7,215	)	1,894	2,503	4,397	356	4,041	—
Keller Town Center	2,294	12,841	652		2,404	13,383	15,787	5,648	10,139	—
Kent Place	4,855	3,544	742		5,228	3,913	9,141	458	8,683	8,250
Kirkwood Commons	6,772	16,224	478		6,802	16,672	23,474	2,838	20,636	10,528
Kroger New Albany Center	3,844	6,599	646		3,844	7,245	11,089	4,768	6,321	—
Lake Pine Plaza	2,008	7,632	512		2,029	8,123	10,152	3,700	6,452	—
Lebanon/Legacy Center	3,913	7,874	92		3,913	7,966	11,879	4,983	6,896	—
Littleton Square	2,030	8,859	(4,063	)	2,418	4,408	6,826	1,427	5,399	—
Lloyd King	1,779	10,060	1,121		1,779	11,181	12,960	5,156	7,804	—
Loehmanns Plaza California	5,420	9,450	799		5,420	10,249	15,669	4,810	10,859	—
Lower Nazareth Commons	15,992	12,964	3,268		16,343	15,881	32,224	6,312	25,912	—



REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P. Schedule III - Consolidated Real Estate and Accumulated Depreciation December 31, 2015 (in thousands)

	Initial Cost				Total Cost				Net Cost
Shopping Centers ⁽¹⁾	Land	Building & Improvements	Cost Capitalized Subsequent to Acquisition ⁽²⁾		Land	Building & Improvements	Total	Accumulated Depreciation	Net of Accumulated Depreciation	Mortgages
Market at Colonnade Center	6,455	9,839	60		6,160	10,194	16,354	2,327	14,027	—
Market at Preston Forest	4,400	11,445	1,170		4,400	12,615	17,015	5,613	11,402	—
Market at Round Rock	2,000	9,676	6,214		2,000	15,890	17,890	7,024	10,866	—
Marketplace Shopping Center	1,287	5,509	5,103		1,330	10,569	11,899	5,024	6,875	—
Marketplace at Briargate	1,706	4,885	39		1,727	4,903	6,630	2,091	4,539	—
Millhopper Shopping Center	1,073	5,358	4,960		1,796	9,595	11,391	6,049	5,342	—
Mockingbird Commons	3,000	10,728	775		3,000	11,503	14,503	5,363	9,140	10,300
Monument Jackson Creek	2,999	6,765	670		2,999	7,435	10,434	4,922	5,512	—
Morningside Plaza	4,300	13,951	492		4,300	14,443	18,743	6,610	12,133	—
Murryhill Marketplace	2,670	18,401	1,976		2,670	20,377	23,047	9,031	14,016	—
Naples Walk	18,173	13,554	571		18,173	14,125	32,298	4,468	27,830	14,488
Newberry Square	2,412	10,150	382		2,412	10,532	12,944	7,270	5,674	—
Newland Center	12,500	10,697	902		12,500	11,599	24,099	5,761	18,338	—
Nocatee Town Center	10,124	8,691	558		8,695	10,678	19,373	2,820	16,553	—
North Hills	4,900	19,774	1,085		4,900	20,859	25,759	9,422	16,337	—
Northgate Marketplace	5,668	13,727	(101	)	4,995	14,299	19,294	2,682	16,612	—
Northgate Plaza (Maxtown Road)	1,769	6,652	255		1,769	6,907	8,676	3,413	5,263	—
Northgate Square	5,011	8,692	702		5,011	9,394	14,405	2,910	11,495	—
Northlake Village	2,662	11,284	1,215		2,686	12,475	15,161	5,360	9,801	—
Oak Shade Town Center	6,591	28,966	518		6,591	29,484	36,075	4,675	31,400	9,208
Oakbrook Plaza	4,000	6,668	321		4,000	6,989	10,989	3,207	7,782	—
Oakleaf Commons	3,503	11,671	247		3,510	11,911	15,421	4,350	11,071	—
Ocala Corners	1,816	10,515	370		1,816	10,885	12,701	2,181	10,520	4,826
Old St Augustine Plaza	2,368	11,405	218		2,368	11,623	13,991	5,951	8,040	—
Paces Ferry Plaza	2,812	12,639	441		2,812	13,080	15,892	8,010	7,882	—
Panther Creek	14,414	14,748	3,044		15,212	16,994	32,206	10,251	21,955	—
Peartree Village	5,197	19,746	859		5,197	20,605	25,802	10,404	15,398	6,836
Persimmons Place	25,979	37,101	—		25,979	37,101	63,080	1,162	61,918	—
Pike Creek	5,153	20,652	1,613		5,251	22,167	27,418	10,446	16,972	—
Pima Crossing	5,800	28,143	1,515		5,800	29,658	35,458	13,956	21,502	—
Pine Lake Village	6,300	10,991	816		6,300	11,807	18,107	5,456	12,651	—
Pine Tree Plaza	668	6,220	610		668	6,830	7,498	3,045	4,453	—



REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P. Schedule III - Consolidated Real Estate and Accumulated Depreciation December 31, 2015 (in thousands)

	Initial Cost				Total Cost				Net Cost
Shopping Centers ⁽¹⁾	Land	Building & Improvements	Cost Capitalized Subsequent to Acquisition ⁽²⁾		Land	Building & Improvements	Total	Accumulated Depreciation	Net of Accumulated Depreciation	Mortgages
Plaza Hermosa	4,200	10,109	3,031		4,202	13,138	17,340	4,916	12,424	13,800
Powell Street Plaza	8,248	30,716	1,998		8,248	32,714	40,962	12,432	28,530	—
Powers Ferry Square	3,687	17,965	6,306		5,321	22,637	27,958	12,546	15,412	—
Powers Ferry Village	1,191	4,672	499		1,191	5,171	6,362	3,191	3,171	—
Prairie City Crossing	4,164	13,032	381		4,164	13,413	17,577	5,150	12,427	—
Prestonbrook	7,069	8,622	257		7,069	8,879	15,948	5,983	9,965	6,800
Preston Oaks	763	30,438	398		763	30,836	31,599	2,451	29,148	—
Red Bank	10,336	9,505	(115	)	10,110	9,616	19,726	1,953	17,773	—
Regency Commons	3,917	3,616	236		3,917	3,852	7,769	1,989	5,780	—
Regency Solar (Saugus)	—	—	758		6	752	758	78	680	—
Regency Square	4,770	25,191	4,768		5,060	29,669	34,729	20,863	13,866	—
Rona Plaza	1,500	4,917	186		1,500	5,103	6,603	2,604	3,999	—
Russell Ridge	2,234	6,903	1,296		2,234	8,199	10,433	4,200	6,233	—
Sammamish-Highlands	9,300	8,075	7,949		9,592	15,732	25,324	5,388	19,936	—
San Leandro Plaza	1,300	8,226	514		1,300	8,740	10,040	3,790	6,250	—
Sandy Springs	6,889	28,056	2,045		6,889	30,101	36,990	3,189	33,801	—
Saugus	19,201	17,984	(1,114	)	18,805	17,266	36,071	6,429	29,642	—
Seminole Shoppes	8,593	7,523	159		8,629	7,646	16,275	1,940	14,335	9,698
Sequoia Station	9,100	18,356	1,467		9,100	19,823	28,923	8,547	20,376	21,100
Sherwood II	2,731	6,360	631		2,731	6,991	9,722	2,413	7,309	—
Shoppes @ 104	11,193	—	810		6,652	5,351	12,003	1,572	10,431	—
Shoppes at Fairhope Village	6,920	11,198	361		6,920	11,559	18,479	3,607	14,872	—
Shoppes of Grande Oak	5,091	5,985	245		5,091	6,230	11,321	4,272	7,049	—
Shops at Arizona	3,063	3,243	176		3,063	3,419	6,482	1,964	4,518	—
Shops at County Center	9,957	11,269	805		10,225	11,806	22,031	6,260	15,771	—
Shops at Erwin Mill	9,082	6,087	(12	)	9,082	6,075	15,157	814	14,343	10,000
Shops at Johns Creek	1,863	2,014	(342	)	1,501	2,034	3,535	1,039	2,496	—
Shops at Mira Vista	11,691	9,026	36		11,691	9,062	20,753	712	20,041	250
Shops at Quail Creek	1,487	7,717	446		1,499	8,151	9,650	2,461	7,189	—
Shops on Main	17,020	26,988	—		17,020	26,988	44,008	2,398	41,610	—
Signature Plaza	2,396	3,898	46		2,396	3,944	6,340	2,227	4,113	—
South Bay Village	11,714	15,580	1,385		11,776	16,903	28,679	2,159	26,520	—



REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P. Schedule III - Consolidated Real Estate and Accumulated Depreciation December 31, 2015 (in thousands)

	Initial Cost				Total Cost				Net Cost
Shopping Centers ⁽¹⁾	Land	Building & Improvements	Cost Capitalized Subsequent to Acquisition ⁽²⁾		Land	Building & Improvements	Total	Accumulated Depreciation	Net of Accumulated Depreciation	Mortgages
South Lowry Square	3,434	10,445	791		3,434	11,236	14,670	5,143	9,527	—
Southcenter	1,300	12,750	1,328		1,300	14,078	15,378	5,980	9,398	—
Southpark at Cinco Ranch	18,395	11,306	6,014		21,107	14,608	35,715	2,229	33,486	—
SouthPoint Crossing	4,412	12,235	736		4,412	12,971	17,383	5,462	11,921	—
Starke	71	1,683	4		71	1,687	1,758	642	1,116	—
Sterling Ridge	12,846	12,162	490		12,846	12,652	25,498	8,069	17,429	13,900
Stonewall	27,511	22,123	7,086		28,429	28,291	56,720	11,860	44,860	—
Strawflower Village	4,060	8,084	502		4,060	8,586	12,646	4,052	8,594	—
Stroh Ranch	4,280	8,189	526		4,280	8,715	12,995	5,521	7,474	—
Suncoast Crossing	9,030	10,764	104		9,030	10,868	19,898	4,254	15,644	—
Tanasbourne Market	3,269	10,861	(297	)	3,269	10,564	13,833	3,599	10,234	—
Tassajara Crossing	8,560	15,464	800		8,560	16,264	24,824	7,171	17,653	19,800
Tech Ridge Center	12,945	37,169	388		12,945	37,557	50,502	6,869	43,633	8,741
The Hub Hillcrest Market	18,773	61,906	3,848		19,610	64,917	84,527	5,724	78,803	—
Town Square	883	8,132	362		883	8,494	9,377	4,309	5,068	—
Twin City Plaza	17,245	44,225	1,886		17,263	46,093	63,356	12,801	50,555	—
Twin Peaks	5,200	25,827	804		5,200	26,631	31,831	11,550	20,281	—
University Commons	4,070	30,785	2		4,070	30,787	34,857	430	34,427	38,000
Valencia Crossroads	17,921	17,659	563		17,921	18,222	36,143	13,738	22,405	—
Village at Lee Airpark	11,099	12,955	3,266		11,877	15,443	27,320	5,351	21,969	—
Village Center	3,885	14,131	7,910		5,411	20,515	25,926	7,167	18,759	—
Walker Center	3,840	7,232	3,248		3,878	10,442	14,320	4,691	9,629	—
Welleby Plaza	1,496	7,787	909		1,496	8,696	10,192	6,193	3,999	—
Wellington Town Square	2,041	12,131	336		2,041	12,467	14,508	5,964	8,544	12,800
West Park Plaza	5,840	5,759	1,187		5,840	6,946	12,786	3,306	9,480	—
Westchase	5,302	8,273	355		5,302	8,628	13,930	2,606	11,324	6,944
Westchester Commons	3,366	11,751	10,662		4,894	20,885	25,779	4,790	20,989	—
Westchester Plaza	1,857	7,572	291		1,857	7,863	9,720	4,705	5,015	—
Westlake Plaza and Center	7,043	27,195	28,631		17,488	45,381	62,869	14,369	48,500	—
Westwood Village	19,933	25,301	(1,312	)	19,553	24,369	43,922	9,760	34,162	—
Willow Festival	1,954	56,501	544		1,954	57,045	58,999	9,220	49,779	39,505
Woodcroft Shopping Center	1,419	6,284	671		1,421	6,953	8,374	3,712	4,662	—



REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P. Schedule III - Consolidated Real Estate and Accumulated Depreciation December 31, 2015 (in thousands)

	Initial Cost				Total Cost				Net Cost
Shopping Centers ⁽¹⁾	Land		Building & Improvements	Cost Capitalized Subsequent to Acquisition ⁽²⁾	Land	Building & Improvements	Total	Accumulated Depreciation	Net of Accumulated Depreciation	Mortgages
Woodman Van Nuy	5,500		7,195	232	5,500	7,427	12,927	3,352	9,575	—
Woodmen and Rangewood	7,621		11,018	508	7,621	11,526	19,147	9,536	9,611	—
Woodside Central	3,500		9,287	580	3,500	9,868	13,368	4,306	9,062	—
						—		—
Total Corporate Assets	—		—	1,682	—	1,682	1,682	1,277	405	—
								—
Properties in Development	—		—	217,036	24,793	192,243	217,036	962	216,074	—
	$	1,419,047	2,641,828	485,025	1,457,261	3,088,639	4,545,900	1,043,787	3,502,113	501,875

⁽¹⁾ See Item 2, Properties for geographic location and year each operating property was acquired.

⁽²⁾ The negative balance for costs capitalized subsequent to acquisition could include out-parcels sold, provision for loss recorded and development transfers subsequent to the initial costs.

See accompanying report of independent registered public accounting firm.