Rule 424(b)(2)
Registration Number 333-2546
PROSPECTUS SUPPLEMENT DATED JULY 8, 1996
Regency Realty Corporation
934,400 Shares
Common Stock
All of the shares of Common Stock offered hereby are being sold directly
by Regency Realty Corporation (the "Company") pursuant to the terms of a
Stock Purchase Agreement dated as of June 11, 1996, by and among the
Company, Security Capital Holdings S.A. and Security Capital U.S. Realty.
The shares are being sold at a price of $17.625 per share. The aggregate
proceeds of $16,468,800 will be used by the Company to repay borrowings
outstanding under the Company's revolving credit agreement bearing
interest at a weighted average annual rate of 7.06%. Such borrowings were
incurred in the past year to finance the acquisition of shopping center
properties.
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES
AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS
THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES
COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS
PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY
IS A CRIMINAL OFFENSE.