St. Petersburg, FL – Regency Centers (www.regencycenters.com), a national owner, operator and developer of grocery-anchored and community shopping centers, has leased 46,820 square feet of retail space in St. Petersburg, FL to LA Fitness at Marketplace Shopping Center. This will be the first LA Fitness location in St. Petersburg and the sixth location in the Tampa Bay area.

The local club will include basketball, racquetball, swimming, indoor cycling, free weights, cardio equipment, and personal, group and corporate training along with a juice bar, retail, Kids Club along with other amenities. The fitness center is currently under construction and scheduled to open first quarter 2011. The tenant was represented by Rebecca Hallum with The Shopping Center Group.

According to Cary Anderson, senior leasing agent, "The addition of LA Fitness provides an opportunity to re-merchandise the center with more fitness-related stores and services.” The 90,296 square foot shopping center currently includes a wide variety of retail, restaurant and service businesses such as Starbucks, Planet Beach, Cody's Roadhouse Grill, Athenian Gardens and The UPS Store. The center is located at 6802 22nd Avenue North. For leasing information, contact Cary Anderson at 813.664.4823.

Regency is the leading national owner, operator, and developer of grocery-anchored and community shopping centers. As of March 31, 2010, the Company owned 399 retail properties, including those held in co-investment partnerships. Including tenant-owned square footage, the portfolio encompassed 53.2 million square feet located in top markets throughout the United States. Since 2000, Regency has developed 201 shopping centers, including those currently in-process, representing an investment at completion of $3.0 billion. Operating as a fully integrated real estate company, Regency is a qualified real estate investment trust that is self-administered and self-managed.