

REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P. Schedule III - Consolidated Real Estate and Accumulated Depreciation December 31, 2016 (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	942		30,812	36,720	67,532	20,997	46,535	62,500
Amerige Heights Town Center	10,109		11,288	486		10,109	11,774	21,883	3,833	18,050	16,105
Anastasia Plaza	9,065		—	615		3,338	6,342	9,680	1,993	7,687	—
Ashburn Farm Market Center	9,835		4,812	244		9,835	5,056	14,891	4,084	10,807	—
Ashford Perimeter	2,584		9,865	1,062		2,584	10,927	13,511	6,829	6,682	—
Aventura Shopping Center	2,751		10,459	(10,367	)	2,751	92	2,843	52	2,791	—
Balboa Mesa Shopping Center	23,074		33,838	13,985		27,769	43,128	70,897	7,663	63,234	—
Belleview Square	8,132		9,756	2,649		8,323	12,214	20,537	6,709	13,828	—
Belmont Chase	13,881		15,407	—		13,881	15,407	29,288	1,415	27,873	—
Berkshire Commons	2,295		9,551	2,278		2,965	11,159	14,124	7,199	6,925	7,500
Black Rock	22,251		20,815	196		22,250	21,011	43,261	2,668	40,593	20,000
Bloomingdale Square	3,940		14,912	2,595		3,940	17,507	21,447	8,588	12,859	—
Boulevard Center	3,659		10,787	1,341		3,659	12,128	15,787	6,287	9,500	—
Boynton Lakes Plaza	2,628		11,236	4,699		3,606	14,957	18,563	6,246	12,317	—
Brentwood Plaza	2,788		3,473	286		2,788	3,759	6,547	1,042	5,505	—
Briarcliff La Vista	694		3,292	473		694	3,765	4,459	2,601	1,858	—
Briarcliff Village	4,597		24,836	1,380		4,597	26,216	30,813	16,579	14,234	—
Brick Walk	25,299		41,995	352		25,299	42,347	67,646	4,039	63,607	33,000
Bridgeton	3,033		8,137	415		3,067	8,518	11,585	1,863	9,722	—
Brighten Park	3,983		18,687	10,852		4,234	29,288	33,522	12,472	21,050	—
Brooklyn Station on Riverside	7,019		8,688	—		7,019	8,688	15,707	741	14,966	—
Buckhead Court	1,417		7,432	2,573		1,417	10,005	11,422	5,661	5,761	—
Buckley Square	2,970		5,978	1,131		2,970	7,109	10,079	3,773	6,306	—
Caligo Crossing	2,459		4,897	144		2,546	4,954	7,500	2,353	5,147	—
Cambridge Square	774		4,347	761		774	5,108	5,882	2,950	2,932	—
Carmel Commons	2,466		12,548	5,014		3,422	16,606	20,028	8,297	11,731	—
Carriage Gate	833		4,974	2,830		1,302	7,335	8,637	5,171	3,466	—
Centerplace of Greeley III	6,661		11,502	515		5,694	12,984	18,678	3,912	14,766	—
Chasewood Plaza	4,612		20,829	5,051		6,518	23,974	30,492	14,640	15,852	—
Cherry Grove	3,533		15,862	2,567		3,533	18,429	21,962	8,766	13,196	—
CityLine Market	12,208		15,839	—		12,208	15,839	28,047	563	27,484	—
CityLine Market Ph II	2,611		3,051	—		2,611	3,051	5,662	42	5,620	—



REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P. Schedule III - Consolidated Real Estate and Accumulated Depreciation December 31, 2016 (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
Clayton Valley Shopping Center	24,189	35,422	2,535		24,538	37,608	62,146	20,655	41,491	—
Clybourn Commons	15,056	5,594	308		15,056	5,902	20,958	714	20,244	—
Cochran's Crossing	13,154	12,315	995		13,154	13,310	26,464	8,881	17,583	—
Corkscrew Village	8,407	8,004	567		8,407	8,571	16,978	2,998	13,980	7,343
Cornerstone Square	1,772	6,944	1,151		1,772	8,095	9,867	4,897	4,970	—
Corvallis Market Center	6,674	12,244	387		6,696	12,609	19,305	4,687	14,618	—
Costa Verde Center	12,740	26,868	1,555		12,798	28,365	41,163	14,597	26,566	—
Courtyard Landcom	5,867	4	3		5,867	7	5,874	2	5,872	—
Culpeper Colonnade	15,944	10,601	4,876		16,258	15,163	31,421	7,971	23,450	—
Dardenne Crossing	4,194	4,005	328		4,343	4,184	8,527	1,301	7,226	—
Delk Spectrum	2,985	12,001	2,711		3,271	14,426	17,697	6,935	10,762	—
Diablo Plaza	5,300	8,181	1,317		5,300	9,498	14,798	4,571	10,227	—
Dunwoody Village	3,342	15,934	3,541		3,342	19,475	22,817	12,283	10,534	—
East Pointe	1,730	7,189	1,993		1,944	8,968	10,912	4,744	6,168	—
East Washington Place	15,993	40,180	1,588		15,509	42,252	57,761	7,066	50,695	—
El Camino Shopping Center	7,600	11,538	1,248		7,600	12,786	20,386	5,790	14,596	—
El Cerrito Plaza	11,025	27,371	1,079		11,025	28,450	39,475	8,369	31,106	37,237
El Norte Parkway Plaza	2,834	7,370	3,266		3,263	10,207	13,470	4,539	8,931	—
Encina Grande	5,040	11,572	18,923		10,205	25,330	35,535	8,619	26,916	—
Fairfax Shopping Center	15,239	11,367	(8,763	)	10,826	7,017	17,843	2,942	14,901	—
Fairfield	6,731	29,420	456		6,731	29,876	36,607	2,759	33,848	—
Falcon	1,340	4,168	294		1,340	4,462	5,802	1,836	3,966	—
Fellsway Plaza	30,712	7,327	10,022		34,923	13,138	48,061	2,762	45,299	34,600
Fenton Marketplace	2,298	8,510	(8,305	)	512	1,991	2,503	558	1,945	—
Fleming Island	3,077	11,587	2,958		3,111	14,511	17,622	6,620	11,002	—
Fountain Square	29,650	28,393	2		29,290	28,755	58,045	3,205	54,840	—
French Valley Village Center	11,924	16,856	175		11,822	17,133	28,955	10,237	18,718	—
Friars Mission Center	6,660	28,021	1,418		6,660	29,439	36,099	13,281	22,818	—
Garden City	741	9,764	6		741	9,770	10,511	349	10,162	—
Gardens Square	2,136	8,273	502		2,136	8,775	10,911	4,488	6,423	—
Gateway 101	24,971	9,113	(1,435	)	24,971	7,678	32,649	2,539	30,110	—
Gateway Shopping Center	52,665	7,134	8,651		55,296	13,154	68,450	12,045	56,405	—



REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P. Schedule III - Consolidated Real Estate and Accumulated Depreciation December 31, 2016 (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
Gelson's Westlake Market Plaza	3,157	11,153	5,462		4,648	15,124	19,772	5,358	14,414	—
Glen Oak Plaza	4,103	12,951	554		4,103	13,505	17,608	2,977	14,631	—
Glenwood Village	1,194	5,381	297		1,194	5,678	6,872	3,905	2,967	—
Golden Hills Plaza	12,699	18,482	2,160		11,397	21,944	33,341	6,792	26,549	—
Grand Ridge Plaza	24,208	61,033	2,872		24,879	63,234	88,113	10,786	77,327	10,931
Hancock	8,232	28,260	1,597		8,232	29,857	38,089	14,654	23,435	—
Harpeth Village Fieldstone	2,284	9,443	521		2,284	9,964	12,248	4,702	7,546	—
Harris Crossing	7,199	3,687	(720	)	6,443	3,723	10,166	2,011	8,155	—
Heritage Land	12,390	—	(453	)	11,937	—	11,937	—	11,937	—
Heritage Plaza	—	26,097	14,278		278	40,097	40,375	15,259	25,116	—
Hershey	7	808	8		7	816	823	361	462	—
Hibernia Pavilion	4,929	5,065	75		4,929	5,140	10,069	2,376	7,693	—
Hickory Creek Plaza	5,629	4,564	319		5,629	4,883	10,512	3,425	7,087	—
Hillcrest Village	1,600	1,909	51		1,600	1,960	3,560	897	2,663	—
Hilltop Village	2,995	4,581	2,124		3,097	6,603	9,700	1,278	8,422	—
Hinsdale	5,734	16,709	11,561		8,279	25,725	34,004	10,145	23,859	—
Holly Park	8,975	23,799	(211	)	8,828	23,735	32,563	2,688	29,875	—
Howell Mill Village	5,157	14,279	2,255		5,157	16,534	21,691	4,850	16,841	—
Hyde Park	9,809	39,905	2,661		9,809	42,566	52,375	22,453	29,922	—
Indian Springs	24,974	25,903	(43	)	25,034	25,800	50,834	2,010	48,824	—
Indio Towne Center	17,946	32,617	5,206		23,092	32,677	55,769	13,037	42,732	—
Inglewood Plaza	1,300	2,159	619		1,300	2,778	4,078	1,239	2,839	—
Jefferson Square	5,167	6,445	(7,220	)	1,894	2,498	4,392	508	3,884	—
Keller Town Center	2,294	12,841	685		2,404	13,416	15,820	6,073	9,747	—
Kent Place	4,855	3,586	785		5,269	3,957	9,226	620	8,606	8,250
Kirkwood Commons	6,772	16,224	478		6,802	16,672	23,474	3,410	20,064	9,978
Klahanie Shopping Center	14,451	20,089	40		14,451	20,129	34,580	358	34,222	—
Kroger New Albany Center	3,844	6,599	636		3,844	7,235	11,079	4,988	6,091	—
Lake Pine Plaza	2,008	7,632	594		2,029	8,205	10,234	3,986	6,248	—
Lebanon/Legacy Center	3,913	7,874	99		3,913	7,973	11,886	5,344	6,542	—
Littleton Square	2,030	8,859	(3,887	)	2,409	4,593	7,002	1,689	5,313	—
Lloyd King	1,779	10,060	1,168		1,779	11,228	13,007	5,551	7,456	—



REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P. Schedule III - Consolidated Real Estate and Accumulated Depreciation December 31, 2016 (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
Loehmanns Plaza California	5,420	9,450	1,149		5,420	10,599	16,019	5,095	10,924	—
Lower Nazareth Commons	15,992	12,964	1,985		16,343	14,598	30,941	6,446	24,495	—
Market at Colonnade Center	6,455	9,839	69		6,160	10,203	16,363	2,853	13,510	—
Market at Preston Forest	4,400	11,445	1,179		4,400	12,624	17,024	6,044	10,980	—
Market at Round Rock	2,000	9,676	6,402		2,000	16,078	18,078	7,910	10,168	—
Market Common Clarendon	154,932	126,328	—		154,932	126,328	281,260	3,098	278,162	—
Marketplace Shopping Center	1,287	5,509	5,469		1,330	10,935	12,265	5,695	6,570	—
Marketplace at Briargate	1,706	4,885	62		1,727	4,926	6,653	2,303	4,350	—
Millhopper Shopping Center	1,073	5,358	5,136		1,796	9,771	11,567	6,302	5,265	—
Mockingbird Commons	3,000	10,728	972		3,000	11,700	14,700	5,643	9,057	10,300
Monument Jackson Creek	2,999	6,765	679		2,999	7,444	10,443	5,202	5,241	—
Morningside Plaza	4,300	13,951	725		4,300	14,676	18,976	7,004	11,972	—
Murryhill Marketplace	2,670	18,401	12,441		2,858	30,654	33,512	9,908	23,604	—
Naples Walk	18,173	13,554	696		18,173	14,250	32,423	5,059	27,364	—
Newberry Square	2,412	10,150	516		2,412	10,666	13,078	7,594	5,484	—
Newland Center	12,500	10,697	7,738		15,777	15,158	30,935	6,169	24,766	—
Nocatee Town Center	10,124	8,691	670		8,695	10,790	19,485	3,489	15,996	—
North Hills	4,900	19,774	1,146		4,900	20,920	25,820	10,006	15,814	—
Northgate Marketplace	5,668	13,727	(101	)	4,995	14,299	19,294	3,337	15,957	—
Northgate Plaza (Maxtown Road)	1,769	6,652	266		1,769	6,918	8,687	3,873	4,814	—
Northgate Square	5,011	8,692	908		5,011	9,600	14,611	3,278	11,333	—
Northlake Village	2,662	11,284	1,411		2,686	12,671	15,357	5,792	9,565	—
Oak Shade Town Center	6,591	28,966	554		6,591	29,520	36,111	5,798	30,313	8,695
Oakbrook Plaza	4,000	6,668	415		4,000	7,083	11,083	3,419	7,664	—
Oakleaf Commons	3,503	11,671	3,048		6,242	11,980	18,222	4,916	13,306	—
Ocala Corners	1,816	10,515	456		1,816	10,971	12,787	2,717	10,070	4,615
Old St Augustine Plaza	2,368	11,405	(529	)	2,368	10,876	13,244	5,853	7,391	—
Paces Ferry Plaza	2,812	12,639	1,316		2,812	13,955	16,767	8,469	8,298	—
Panther Creek	14,414	14,748	3,368		15,212	17,318	32,530	11,184	21,346	—
Peartree Village	5,197	19,746	863		5,197	20,609	25,806	11,052	14,754	6,153
Persimmons Place	25,975	37,965	—		26,619	37,321	63,940	3,234	60,706	—
Pike Creek	5,153	20,652	1,632		5,251	22,186	27,437	11,095	16,342	—



REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P. Schedule III - Consolidated Real Estate and Accumulated Depreciation December 31, 2016 (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
Pine Lake Village	6,300	10,991	871		6,300	11,862	18,162	5,798	12,364	—
Pine Tree Plaza	668	6,220	590		668	6,810	7,478	3,247	4,231	—
Plaza Hermosa	4,200	10,109	3,159		4,202	13,266	17,468	5,516	11,952	13,800
Powell Street Plaza	8,248	30,716	2,532		8,248	33,248	41,496	13,533	27,963	—
Powers Ferry Square	3,687	17,965	6,503		5,345	22,810	28,155	13,538	14,617	—
Powers Ferry Village	1,191	4,672	518		1,191	5,190	6,381	3,407	2,974	—
Prairie City Crossing	4,164	13,032	493		4,164	13,525	17,689	5,518	12,171	—
Prestonbrook	7,069	8,622	568		7,069	9,190	16,259	6,247	10,012	6,800
Preston Oaks	763	30,438	443		763	30,881	31,644	3,404	28,240	—
Red Bank	10,336	9,505	(89	)	10,110	9,642	19,752	2,274	17,478	—
Regency Commons	3,917	3,616	236		3,917	3,852	7,769	2,173	5,596	—
Regency Square	4,770	25,191	5,200		5,060	30,101	35,161	21,946	13,215	—
Rona Plaza	1,500	4,917	225		1,500	5,142	6,642	2,731	3,911	—
Russell Ridge	2,234	6,903	1,396		2,234	8,299	10,533	4,534	5,999	—
Sammamish-Highlands	9,300	8,075	8,000		9,592	15,783	25,375	6,352	19,023	—
San Leandro Plaza	1,300	8,226	558		1,300	8,784	10,084	4,065	6,019	—
Sandy Springs	6,889	28,056	2,195		6,889	30,251	37,140	4,213	32,927	—
Saugus	19,201	17,984	(342	)	18,811	18,032	36,843	7,373	29,470	—
Sequoia Station	9,100	18,356	1,632		9,100	19,988	29,088	9,166	19,922	21,100
Sherwood II	2,731	6,360	646		2,731	7,006	9,737	2,668	7,069	—
Shoppes @ 104	11,193	—	850		6,652	5,391	12,043	1,888	10,155	—
Shoppes of Grande Oak	5,091	5,985	276		5,091	6,261	11,352	4,606	6,746	—
Shops at Arizona	3,063	3,243	(4,276	)	881	1,149	2,030	168	1,862	—
Shops at County Center	9,957	11,296	914		10,254	11,913	22,167	7,090	15,077	—
Shops at Erwin Mill	9,082	6,124	(7	)	9,082	6,117	15,199	1,250	13,949	10,000
Shops at Johns Creek	1,863	2,014	(342	)	1,501	2,034	3,535	1,141	2,394	—
Shops at Mira Vista	11,691	9,026	52		11,691	9,078	20,769	1,065	19,704	242
Shops at Quail Creek	1,487	7,717	449		1,458	8,195	9,653	2,821	6,832	—
Shops on Main	17,020	27,055	31		17,064	27,042	44,106	4,031	40,075	—
South Bay Village	11,714	15,580	1,382		11,776	16,900	28,676	2,750	25,926	—
Southcenter	1,300	12,750	1,427		1,300	14,177	15,477	6,503	8,974	—
Southpark at Cinco Ranch	18,395	11,306	5,867		21,146	14,422	35,568	3,045	32,523	—



REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P. Schedule III - Consolidated Real Estate and Accumulated Depreciation December 31, 2016 (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
SouthPoint Crossing	4,412	12,235	720		4,382	12,985	17,367	5,910	11,457	—
Starke	71	1,683	5		71	1,688	1,759	685	1,074	—
Sterling Ridge	12,846	12,162	645		12,846	12,807	25,653	8,697	16,956	13,900
Stonewall	27,511	22,123	7,212		28,429	28,417	56,846	13,637	43,209	—
Strawflower Village	4,060	8,084	579		4,060	8,663	12,723	4,345	8,378	—
Stroh Ranch	4,280	8,189	451		4,280	8,640	12,920	5,732	7,188	—
Suncoast Crossing	9,030	10,764	4,449		13,374	10,869	24,243	4,960	19,283	—
Tanasbourne Market	3,269	10,861	(297	)	3,269	10,564	13,833	4,054	9,779	—
Tassajara Crossing	8,560	15,464	1,025		8,560	16,489	25,049	7,596	17,453	19,800
Tech Ridge Center	12,945	37,169	(690	)	12,945	36,479	49,424	8,320	41,104	7,784
The Hub Hillcrest Market	18,773	61,906	4,488		19,610	65,557	85,167	7,825	77,342	—
Town Square	883	8,132	389		883	8,521	9,404	4,563	4,841	—
Twin City Plaza	17,245	44,225	1,854		17,263	46,061	63,324	13,945	49,379	—
Twin Peaks	5,200	25,827	1,038		5,200	26,865	32,065	12,270	19,795	—
University Commons	4,070	30,785	(2	)	4,070	30,783	34,853	1,717	33,136	37,532
Valencia Crossroads	17,921	17,659	582		17,921	18,241	36,162	14,473	21,689	—
Village at La Floresta	13,140	20,258	—		13,140	20,258	33,398	1,014	32,384	—
Village at Lee Airpark	11,099	12,968	3,421		12,014	15,474	27,488	6,527	20,961	—
Village Center	3,885	14,131	8,348		5,434	20,930	26,364	7,875	18,489	—
Walker Center	3,840	7,232	3,272		3,878	10,466	14,344	5,233	9,111	—
Welleby Plaza	1,496	7,787	1,107		1,496	8,894	10,390	6,587	3,803	—
Wellington Town Square	2,041	12,131	342		2,041	12,473	14,514	6,559	7,955	12,800
West Park Plaza	5,840	5,759	1,288		5,840	7,047	12,887	3,626	9,261	—
Westchase	5,302	8,273	505		5,302	8,778	14,080	2,930	11,150	6,623
Westchester Commons	3,366	11,751	10,870		4,894	21,093	25,987	5,681	20,306	—
Westchester Plaza	1,857	7,572	361		1,857	7,933	9,790	4,988	4,802	—
Westlake Plaza and Center	7,043	27,195	29,198		17,561	45,875	63,436	17,158	46,278	—
Westwood Village	19,933	25,301	(1,284	)	19,553	24,397	43,950	10,971	32,979	—
Willow Festival	1,954	56,501	1,187		1,954	57,688	59,642	11,078	48,564	39,505
Woodcroft Shopping Center	1,419	6,284	806		1,421	7,088	8,509	3,988	4,521	—
Woodman Van Nuy	5,500	7,195	257		5,500	7,452	12,952	3,534	9,418	—
Woodmen and Rangewood	7,621	11,018	609		7,621	11,627	19,248	9,934	9,314	—



REGENCY CENTERS CORPORATION AND REGENCY CENTERS, L.P. Schedule III - Consolidated Real Estate and Accumulated Depreciation December 31, 2016 (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
Woodside Central	3,500		9,288	610	3,500	9,898	13,398	4,604	8,794	—

Total Corporate Assets	—		—	1,677	—	1,678	1,678	1,562	116	—
Land held for future development	23,202		—	—	23,202	—	23,202	54	23,148	—
Properties in Development	—		—	180,878	5,331	175,547	180,878	863	180,015	—
	$	1,620,365	2,790,644	522,490	1,665,755	3,267,744	4,933,499	1,124,391	3,809,108	467,093

⁽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 demolition of part of the property for redevelopment.

See accompanying report of independent registered public accounting firm.