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New York

Rivertowns Square in Dobbs Ferry sells to Regency Centers for $69M

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Regency Centers bought the 450,000-square-foot mixed-use center from Saber Dobbs Ferry LLC for $69 million. It’s the first Westchester buy for the Florida company, which also owns 10 shopping centers in Fairfield County, the Westchester Business Journal reported. Regency officials said that they will be “adding further enhancements” to the “already superior” shopping center. Saber Dobbs Ferry, a joint company of Saber Real Estate Advisors and Dobbs Ferry Capital Partners LLC, bought the property in 2010 and broke ground in 2015. [WBJ]

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Westchester & Fairfield