Exhibit 21

REGENCY CENTERS, L.P.

Subsidiaries and Equity Ownership Thereof



|                                          |  |              |  |                                                      |  |                    |  |                |   
|----------------------------------------- |  | ------------ |  | ---------------------------------------------------- |  | ------------------ |  | -------------- | --
|Entity                                    |  | Jurisdiction |  | Owner(s)                                             |  | Nature of Interest |  | % of Ownership |   
|Columbia Cameron Village SPE, LLC         |  | Delaware     |  | Regency Centers, L.P. Columbia Perfco Partners,
L.P. |  | Member Member      |  | 3070           | %%
|                                          |  |              |  |                                                     
|Columbia Cameron Village, LLC             |  | Delaware     |  | Columbia Cameron Village SPE, LLC                    |  | Member             |  | 100            | % 
|                                          |  |              |  |                                                     
|Columbia Regency Retail Partners, LLC     |  | Delaware     |  | Regency Centers, L.P. Columbia Perfco Partners,
L.P. |  | Member Member      |  | 2080           | %%
|                                          |  |              |  |                                                     
|Columbia Retail Baker Hill, LLC           |  | Delaware     |  | Columbia Regency Retail Partners, LLC                |  | Member             |  | 100            | % 
|                                          |  |              |  |                                                     
|Columbia Retail Deer Grove, LLC           |  | Delaware     |  | Columbia Regency Retail Partners, LLC                |  | Member             |  | 100            | % 
|                                          |  |              |  |                                                     
|Columbia Retail Deer Grove Center, LLC    |  | Delaware     |  | Columbia Retail Deer Grove, LLC                      |  | Member             |  | 100            | % 
|                                          |  |              |  |                                                     
|Columbia Retail Dulles, LLC               |  | Delaware     |  | Columbia Regency Retail Partners, LLC                |  | Member             |  | 100            | % 
|                                          |  |              |  |                                                     
|Columbia Retail Geneva Crossing, LLC      |  | Delaware     |  | Columbia Regency Retail Partners, LLC                |  | Member             |  | 100            | % 
|                                          |  |              |  |                                                     
|Columbia Retail Shorewood Crossing, LLC   |  | Delaware     |  | Columbia Regency Retail Partners, LLC                |  | Member             |  | 100            | % 
|                                          |  |              |  |                                                     
|Columbia Retail Special Member (GLP), LLC |  | Delaware     |  | Columbia Perfco, L.P. Regency Centers,
L.P.          |  | Member             |  | 8020           | %%
|                                          |  |              |  |                                                     
|Columbia Retail Stearns Crossing, LLC     |  | Delaware     |  | Columbia Regency Retail Partners, LLC                |  | Member             |  | 100            | % 
|                                          |  |              |  |                                                     
|Columbia Retail Texas 3, LLC              |  | Delaware     |  | Columbia Regency Retail Partners, LLC                |  | Member             |  | 100            | % 



---

|                                                   |  |              |  |                                                                    |  |                                 |  |                |   
|-------------------------------------------------- |  | ------------ |  | ------------------------------------------------------------------ |  | ------------------------------- |  | -------------- | --
|Entity                                             |  | Jurisdiction |  | Owner(s)                                                           |  | Nature of Interest              |  | % of Ownership |   
|Columbia Retail Sweetwater Plaza, LP               |  | Delaware     |  | Columbia Retail Texas 3, LLC Columbia Regency Retail
Partners, LLC |  | General Partner Limited Partner |  | 199            | %%
|                                                   |  |              |  |                                                                   
|Columbia Retail Washington 1, LLC                  |  | Delaware     |  | Columbia Regency Retail Partners, LLC                              |  | Member                          |  | 100            | % 
|                                                   |  |              |  |                                                                   
|Columbia Cascade Plaza, LLC                        |  | Delaware     |  | Columbia Retail Washington 1, LLC                                  |  | Member                          |  | 100            | % 
|                                                   |  |              |  |                                                                   
|Columbia Regency Partners II, LLC                  |  | Delaware     |  | Regency Centers, L.P. Columbia Perfco Partners,
L.P.               |  | Member Member                   |  | 2080           | %%
|                                                   |  |              |  |                                                                   
|Macquarie CountryWide-Regency, LLC                 |  | Delaware     |  | Regency Centers, L.P. Macquarie CountryWide (US)
Corporation       |  | Member Member                   |  | 2575           | %%
|                                                   |  |              |  |                                                                   
|MCW-RC AL-Southgate, LLC                           |  | Delaware     |  | Macquarie CountryWide-Regency, LLC                                 |  | Member                          |  | 100            | % 
|                                                   |  |              |  |                                                                   
|MCW-RC CA-Bear Creek Village, LLC                  |  | Delaware     |  | Macquarie CountryWide-Regency, LLC                                 |  | Member                          |  | 100            | % 
|                                                   |  |              |  |                                                                   
|MCW-RC CA-Campus, LLC (fka MCW-RC California, LLC) |  | Delaware     |  | Macquarie CountryWide-Regency, LLC                                 |  | Member                          |  | 100            | % 
|                                                   |  |              |  |                                                                   
|MCW-RC CA-Garden Village, LLC                      |  | Delaware     |  | Macquarie CountryWide-Regency, LLC                                 |  | Member                          |  | 100            | % 
|                                                   |  |              |  |                                                                   
|MCW-RC CO-Cheyenne, LLC                            |  | Delaware     |  | Macquarie CountryWide-Regency, LLC                                 |  | Member                          |  | 100            | % 
|                                                   |  |              |  |                                                                   
|MCW-RC CO-Greeley Holding, LLC                     |  | Delaware     |  | Macquarie CountryWide-Regency, LLC                                 |  | Member                          |  | 100            | % 
|                                                   |  |              |  |                                                                   
|MCW-RC CO-Greeley, LLC                             |  | Delaware     |  | MCW-RC CO-Greeley Holding, LLC                                     |  | Member                          |  | 100            | % 
|                                                   |  |              |  |                                                                   
|MCW-RC FL-Anastasia, LLC                           |  | Delaware     |  | Macquarie CountryWide-Regency, LLC                                 |  | Member                          |  | 100            | % 



2



---

|                                                 |  |              |  |                                         |  |                    |  |                |  
|------------------------------------------------ |  | ------------ |  | --------------------------------------- |  | ------------------ |  | -------------- | -
|Entity                                           |  | Jurisdiction |  | Owner(s)                                |  | Nature of Interest |  | % of Ownership |  
|MCW-RC FL-Highlands, LLC                         |  | Delaware     |  | Macquarie CountryWide-Regency, LLC      |  | Member             |  | 100            | %
|                                                 |  |              |  |                                        
|MCW-RC FL-Kings, LLC (fka MCW-RC Florida, LLC)  |  | Delaware     |  | Macquarie CountryWide-Regency, LLC      |  | Member             |  | 100            | %
|                                                 |  |              |  |                                        
|MCW-RC FL-Lynn Haven, LLC                        |  | Delaware     |  | Macquarie CountryWide-Regency, LLC      |  | Member             |  | 100            | %
|                                                 |  |              |  |                                        
|MCW-RC FL-Ocala, LLC (fka MCW-RC Florida 2, LLC) |  | Delaware     |  | Macquarie CountryWide-Regency, LLC      |  | Member             |  | 100            | %
|                                                 |  |              |  |                                        
|MCW-RC FL-Palm Harbour, LLC                      |  | Delaware     |  | Macquarie CountryWide-Regency, LLC      |  | Member             |  | 100            | %
|                                                 |  |              |  |                                        
|MCW-RC FL-Peachland Promenade, LLC               |  | Delaware     |  | Macquarie CountryWide-Regency, LLC      |  | Member             |  | 100            | %
|                                                 |  |              |  |                                        
|MCW-RC FL Pebblebrooke, LLC                      |  | Delaware     |  | Macquarie CountryWide-Regency, LLC      |  | Member             |  | 100            | %
|                                                 |  |              |  |                                        
|MCW-RC FL-Shoppes at 104, LLC                    |  | Delaware     |  | Macquarie CountryWide-Regency, LLC      |  | Member             |  | 100            | %
|                                                 |  |              |  |                                        
|MCW-RC GA-Bethesda Walk, LLC                     |  | Delaware     |  | Macquarie CountryWide-Regency, LLC      |  | Member             |  | 100            | %
|                                                 |  |              |  |                                        
|MCW-RC GA-Brookwood Village, LLC                 |  | Delaware     |  | Macquarie CountryWide-Regency, LLC      |  | Member             |  | 100            | %
|                                                 |  |              |  |                                        
|MCW-RC GA-Buckhead Crossing Member, LLC          |  | Delaware     |  | Macquarie CountryWide-Regency, LLC      |  | Member             |  | 100            | %
|                                                 |  |              |  |                                        
|MCW-RC GA-Buckhead Crossing, LLC                 |  | Delaware     |  | MCW-RC GA-Buckhead Crossing Member, LLC |  | Member             |  | 100            | %
|                                                 |  |              |  |                                        
|MCW-RC GA-Cobb Center, LLC                       |  | Delaware     |  | Macquarie CountryWide-Regency, LLC      |  | Member             |  | 100            | %
|                                                 |  |              |  |                                        
|MCW-RC GA-Coweta Crossing, LLC                   |  | Delaware     |  | Macquarie CountryWide-Regency, LLC      |  | Member             |  | 100            | %



3



---

|                                       |  |              |  |                                    |  |                    |  |                |  
|-------------------------------------- |  | ------------ |  | ---------------------------------- |  | ------------------ |  | -------------- | -
|Entity                                 |  | Jurisdiction |  | Owner(s)                           |  | Nature of Interest |  | % of Ownership |  
|MCW-RC GA-Howell Mill Village, LLC     |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                       |  |              |  |                                   
|MCW-RC GA-Killian Hill, LLC            |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                       |  |              |  |                                   
|MCW-RC GA-Lindbergh Crossing, LLC      |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                       |  |              |  |                                   
|MCW-RC GA-Orchard, LLC                 |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                       |  |              |  |                                   
|MCW-RC GA-Northlake Promenade, LLC     |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                       |  |              |  |                                   
|MCW-RC GA-Peachtree Parkway Plaza, LLC |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                       |  |              |  |                                   
|MCW-RC GA-Powers Ferry Kroger, LLC     |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                       |  |              |  |                                   
|MCW-RC GA-Rose Creek, LLC              |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                       |  |              |  |                                   
|MCW-RC GA-Roswell Holding, LLC         |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                       |  |              |  |                                   
|MCW-RC GA-Roswell Crossing, LLC        |  | Delaware     |  | MCW-RC GA-Roswell Holding, LLC     |  | Member             |  | 100            | %
|                                       |  |              |  |                                   
|MCW-RC GA-Thomas Crossroads, LLC       |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                       |  |              |  |                                   
|MCW-RC GA-Trowbridge Crossing, LLC     |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                       |  |              |  |                                   
|MCW-RC GA-Woodstock Crossing, LLC      |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                       |  |              |  |                                   
|MCW-RC IL-Heritage Plaza, LLC          |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %



4



---

|                                                           |  |              |  |                                    |  |                    |  |                |  
|---------------------------------------------------------- |  | ------------ |  | ---------------------------------- |  | ------------------ |  | -------------- | -
|Entity                                                     |  | Jurisdiction |  | Owner(s)                           |  | Nature of Interest |  | % of Ownership |  
|MCW-RC IL-Heritage Plaza Phase II, LLC                     |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                                           |  |              |  |                                   
|MCW-RC KY-Franklin, LLC                                    |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                                           |  |              |  |                                   
|MCW-RC KY-Silverlake, LLC (fka MCW-RC Kentucky, LLC)       |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                                           |  |              |  |                                   
|MCW-RC NC-Bent Tree, LLC                                   |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                                           |  |              |  |                                   
|MCW-RC NC-Greystone Village, LLC                           |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                                           |  |              |  |                                   
|MCW-RC OR-Cherry Park, LLC                                 |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                                           |  |              |  |                                   
|MCW-RC OR-Hillsboro, LLC                                   |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                                           |  |              |  |                                   
|MCW-RC SC-Fairview Market, LLC                             |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                                           |  |              |  |                                   
|MCW-RC SC-Merchants, LLC (fka MCW-RC South Carolina, LLC) |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                                           |  |              |  |                                   
|MCW-RC SC-North Pointe, LLC                                |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                                           |  |              |  |                                   
|MCW-RC SC-Poplar Springs , LLC                             |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                                           |  |              |  |                                   
|MCW-RC SC-Poplar Springs Land, LLC                         |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                                           |  |              |  |                                   
|MCW-RC SC-Rosewood, LLC                                    |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %
|                                                           |  |              |  |                                   
|MCW-RC Texas GP, LLC                                       |  | Delaware     |  | Macquarie CountryWide-Regency, LLC |  | Member             |  | 100            | %



5



---

|                                                     |  |              |  |                                                                    |  |                                 |  |                |   
|---------------------------------------------------- |  | ------------ |  | ------------------------------------------------------------------ |  | ------------------------------- |  | -------------- | --
|Entity                                               |  | Jurisdiction |  | Owner(s)                                                           |  | Nature of Interest              |  | % of Ownership |   
|MCW-RC TX-Hebron, LLC (fka MCW-RC Texas, L.P.)       |  | Delaware     |  | MCW-RC Texas GP, LLC Macquarie CountryWide-Regency,
LLC            |  | General Partner Limited Partner |  | .0199.99       | %%
|                                                     |  |              |  |                                                                   
|MCW-RC VA-Brookville, LLC (fka MCW-RC Virginia, LLC) |  | Delaware     |  | Macquarie CountryWide-Regency, LLC                                 |  | Member                          |  | 100            | % 
|                                                     |  |              |  |                                                                   
|MCW-RC VA-Somerset Crossing, LLC                     |  | Delaware     |  | Macquarie CountryWide-Regency, LLC                                 |  | Member                          |  | 100            | % 
|                                                     |  |              |  |                                                                   
|MCW-RC WA-James, LLC (fka MCW-RC Washington, LLC)    |  | Delaware     |  | Macquarie CountryWide-Regency, LLC                                 |  | Member                          |  | 100            | % 
|                                                     |  |              |  |                                                                   
|Macquarie CountryWide Regency II, LLC                |  | Delaware     |  | Macquarie CountryWide (US) No. 2 LLC                               |  | Member                          |  | 75.00          | % 
|                                                     |  |              |  |                                                                   
|                                                     |  |              |  | Macquarie-Regency Management, LLC                                  |  | Member                          |  | .01            | % 
|                                                     |  |              |  |                                                                   
|                                                     |  |              |  | Regency Centers, L.P.                                              |  | Member                          |  | 24.99          | % 
|                                                     |  |              |  |                                                                   
|U.S. Retail Partners Holding, LLC                    |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                              |  | Member                          |  | 100            | % 
|                                                     |  |              |  |                                                                   
|U.S. Retail Partners Member, LLC                     |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                              |  | Member                          |  | 100            | % 
|                                                     |  |              |  |                                                                   
|U.S. Retail Partners, LLC                            |  | Delaware     |  | U.S. Retail Partners Holding, LLC U.S. Retail Partners
Member, LLC |  | Member Member                   |  | 199            | %%
|                                                     |  |              |  |                                                                   
|USRP I Holding, LLC                                  |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                              |  | Member                          |  | 100            | % 
|                                                     |  |              |  |                                                                   
|USRP I Member, LLC                                   |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                              |  | Member                          |  | 100            | % 
|                                                     |  |              |  |                                                                   
|USRP I, LLC                                          |  | Delaware     |  | USRP I Holding, LLC USRP I Member, LLC                             |  | Member Member                   |  | 199            | %%



6



---

|                                            |  |              |  |                                       |  |                    |  |                |  
|------------------------------------------- |  | ------------ |  | ------------------------------------- |  | ------------------ |  | -------------- | -
|Entity                                      |  | Jurisdiction |  | Owner(s)                              |  | Nature of Interest |  | % of Ownership |  
|FW MCW-Reg II Holdings, LLC                 |  | Delaware     |  | Macquarie CountryWide Regency II, LLC |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CA-Auburn Village, LLC                   |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CA-Bay Hill Shopping Center, LLC         |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CA-Brea Marketplace, LLC                 |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CA-Five Points Shopping Center, LLC      |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CA-Lake Forest Village, LLC              |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CA-Mariposa Gardens Shopping Center, LLC |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CA-Navajo Shopping Center, LLC           |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CA-Point Loma Plaza, LLC                 |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CA-Rancho San Diego Village, LLC         |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CA-Silverado Plaza, LLC                  |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CA-Snell & Branham Plaza, LLC            |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CA-Stanford Ranch Village, LLC           |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CA-Twin Oaks Shopping Center, LLC        |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CA-Ygnacio Plaza, LLC                    |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW CT-Corbins Corner Shopping Center, LLC   |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW DC-Spring Valley Shopping Center, LLC    |  | Delaware     |  | FW MCW-Reg II Holdings, LLC           |  | Member             |  | 100            | %
|                                            |  |              |  |                                      
|FW The Oaks Holding, LLC                    |  | Delaware     |  | Macquarie CountryWide Regency II, LLC |  | Member             |  | 100            | %



7



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|                                           |  |              |  |                                        |  |                    |  |                |  
|------------------------------------------ |  | ------------ |  | -------------------------------------- |  | ------------------ |  | -------------- | -
|Entity                                     |  | Jurisdiction |  | Owner(s)                               |  | Nature of Interest |  | % of Ownership |  
|FW IL-The Oaks Shopping Center, LLC        |  | Delaware     |  | FW The Oaks Holding, LLC               |  | Member             |  | 100            | %
|                                           |  |              |  |                                       
|FW IL-Brentwood Commons, LLC               |  | Delaware     |  | FW MCW-Reg II Holdings, LLC            |  | Member             |  | 100            | %
|                                           |  |              |  |                                       
|FW IL-Mallard Creek, LLC                   |  | Delaware     |  | FW MCW-Reg II Holdings, LLC            |  | Member             |  | 100            | %
|                                           |  |              |  |                                       
|FW IL-Riverside/Rivers Edge, LLC           |  | Delaware     |  | FW MCW-Reg II Holdings, LLC            |  | Member             |  | 100            | %
|                                           |  |              |  |                                       
|FW IL-Riverview Plaza, LLC                 |  | Delaware     |  | FW MCW-Reg II Holdings, LLC            |  | Member             |  | 100            | %
|                                           |  |              |  |                                       
|FW IL-Stonebrook Plaza, LLC                |  | Delaware     |  | FW MCW-Reg II Holdings, LLC            |  | Member             |  | 100            | %
|                                           |  |              |  |                                       
|USRP Willow East, LLC                      |  | Delaware     |  | FW MCW-Reg II Holdings, LLC            |  | Member             |  | 100            | %
|                                           |  |              |  |                                       
|USRP Willow West, LLC                      |  | Delaware     |  | FW MCW-Reg II Holdings, LLC            |  | Member             |  | 100            | %
|                                           |  |              |  |                                       
|Parkville Shopping Center, LLC             |  | Maryland     |  | FW MCW-Reg II Holdings, LLC            |  | Member             |  | 100            | %
|                                           |  |              |  |                                       
|FW MD-Clinton Square, LLC                  |  | Delaware     |  | FW MCW-Reg II Holdings, LLC            |  | Member             |  | 100            | %
|                                           |  |              |  |                                       
|FW MD-Rosecroft Shopping Center, LLC       |  | Delaware     |  | FW MCW-Reg II Holdings, LLC            |  | Member             |  | 100            | %
|                                           |  |              |  |                                       
|FW MCW-Reg II Holding Company Two, LLC     |  | Delaware     |  | Macquarie CountryWide-Regency II, LLC  |  | Member             |  | 100            | %
|                                           |  |              |  |                                       
|FW CA-Granada Village, LLC                 |  | Delaware     |  | FW MCW-Reg II Holding Company Two, LLC |  |                    |  |                |  
|                                           |  |              |  |                                       
|FW CA-Laguna Niguel Plaza, LLC             |  | Delaware     |  | FW MCW-Reg II Holding Company Two, LLC |  |                    |  |                |  
|                                           |  |              |  |                                       
|FW CA-Pleasant Hill Shopping Center, LLC   |  | Delaware     |  | FW MCW-Reg II Holding Company Two, LLC |  |                    |  |                |  
|                                           |  |              |  |                                       
|FW Newark, LLC                             |  | Delaware     |  | FW MCW-Reg II Holding Company Two, LLC |  |                    |  |                |  
|                                           |  |              |  |                                       
|FW IL-Civic Center Plaza, LLC              |  | Delaware     |  | FW MCW-Reg II Holding Company Two, LLC |  |                    |  |                |  
|                                           |  |              |  |                                       
|FW IL-McHenry Commons Shopping Center, LLC |  | Delaware     |  | FW MCW-Reg II Holding Company Two, LLC |  |                    |  |                |  
|                                           |  |              |  |                                       
|FW NJ-Westmont Shopping Center, LLC        |  | Delaware     |  | FW MCW-Reg II Holding Company Two, LLC |  |                    |  |                |  
|FW NC-Shoppes of Kildaire, LLC             |  | Delaware     |  | FW MCW-Reg II Holding Company Two, LLC |  |                    |  |                |  



8



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|                                                |  |              |  |                                                             |  |                                                  |  |                   |   
|----------------------------------------------- |  | ------------ |  | ----------------------------------------------------------- |  | ------------------------------------------------ |  | ----------------- | --
|Entity                                          |  | Jurisdiction |  | Owner(s)                                                    |  | Nature of Interest                               |  | % of Ownership    |   
|FW OR-Greenway Town Center, LLC                 |  | Delaware     |  | FW MCW-Reg II Holding Company Two, LLC                      |  |                                                  |  |                   |   
|                                                |  |              |  |                                                            
|USRP Towamencin, LLC                            |  | Delaware     |  | FW MCW-Reg II Holding Company Two, LLC                      |  |                                                  |  |                   |   
|                                                |  |              |  |                                                            
|FW VA-Brafferton Shopping Center, LLC           |  | Delaware     |  | FW MCW-Reg II Holding Company Two, LLC                      |  |                                                  |  |                   |   
|                                                |  |              |  |                                                            
|FW WI Racine Centre, LLC                        |  | Delaware     |  | FW MCW-Reg II Holding Company Two, LLC                      |  |                                                  |  |                   |   
|                                                |  |              |  |                                                            
|USRP LP, LLC                                    |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                       |  | Member                                           |  | 100               | % 
|                                                |  |              |  |                                                            
|USRP GP, LLC                                    |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                       |  | Member                                           |  | 100               | % 
|                                                |  |              |  |                                                            
|US Retail Partners Limited Partnership          |  | Delaware     |  | USRP GP, LLC USRP LP, LLC Preferred Partners                |  | General Partner Limited Partner Limited Partners |  | 199profit sharing | %%
|                                                |  |              |  |                                                            
|Enterprise Associates                           |  | Maryland     |  | USRP GP, LLC US Retail Partners Limited
Partnership         |  | General Partner General Partner                  |  |                   |   
|                                                |  |              |  |                                                            
|FW Bowie Plaza GP, LLC                          |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                       |  | Member                                           |  | 100               | % 
|                                                |  |              |  |                                                            
|Capitol Place I Investment Limited Partnership  |  | Maryland     |  | FW Bowie Plaza GP, LLC Eastern Shopping Centers I,
LLC      |  | General Partner Limited Partner                  |  | 199               | %%
|                                                |  |              |  |                                                            
|FW Elkridge Corners GP, LLC                     |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                       |  | Member                                           |  | 100               | % 
|                                                |  |              |  |                                                            
|L and M Development Company Limited Partnership |  | Maryland     |  | FW Elkridge Corners GP, LLC Eastern Shopping Centers I,
LLC |  | General Partner Limited Partner                  |  | 199               | %%
|                                                |  |              |  |                                                            
|FW Woodholm GP, LLC                             |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                       |  | Member                                           |  | 100               | % 



9



---

|                                           |  |              |  |                                                                  |  |                                 |  |                |   
|------------------------------------------ |  | ------------ |  | ---------------------------------------------------------------- |  | ------------------------------- |  | -------------- | --
|Entity                                     |  | Jurisdiction |  | Owner(s)                                                         |  | Nature of Interest              |  | % of Ownership |   
|Woodholme Properties Limited Partnership   |  | Maryland     |  | FW Woodholm GP, LLC Eastern Shopping Centers I,
LLC              |  | General Partner Limited Partner |  | 199            | %%
|                                           |  |              |  |                                                                 
|FW Penn Station GP, LLC                    |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                            |  | Member                          |  | 100            | % 
|                                           |  |              |  |                                                                 
|SP Associates Limited Partnership          |  | Maryland     |  | FW Penn Station GP, LLC Eastern Shopping Centers I,
LLC          |  | General Partner Limited Partner |  | 199            | %%
|                                           |  |              |  |                                                                 
|FW Southside Marketplace GP, LLC           |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                            |  | Member                          |  | 100            | % 
|                                           |  |              |  |                                                                 
|Southside Marketplace Limited Partnership  |  | Maryland     |  | FW Southside Marketplace GP, LLC Eastern Shopping
Centers I, LLC |  | General Partner Limited Partner |  | 199            | %%
|                                           |  |              |  |                                                                 
|FW Valley Centre GP, LLC                   |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                            |  | Member                          |  | 100            | % 
|                                           |  |              |  |                                                                 
|Greenspring Associates Limited Partnership |  | Maryland     |  | FW Valley Centre GP, LLC Eastern Shopping Centers I,
LLC         |  | General Partner Limited Partner |  | 199            | %%
|                                           |  |              |  |                                                                 
|FW Northway GP, LLC                        |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                            |  | Member                          |  | 100            | % 
|                                           |  |              |  |                                                                 
|Northway Limited Partnership               |  | Maryland     |  | FW Northway GP, LLC Eastern Shopping Centers I,
LLC              |  | General Partner Limited Partner |  | 199            | %%
|                                           |  |              |  |                                                                 
|Eastern Shopping Centers I, LLC            |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                            |  | Member                          |  | 100            | % 



10



---

|                                         |  |              |  |                                                                         |  |                                 |  |                |   
|---------------------------------------- |  | ------------ |  | ----------------------------------------------------------------------- |  | ------------------------------- |  | -------------- | --
|Entity                                   |  | Jurisdiction |  | Owner(s)                                                                |  | Nature of Interest              |  | % of Ownership |   
|Cloppers Mill Village Center, LLC        |  | Maryland     |  | FW MCW-Reg II Holdings, LLC Eastern Shopping Centers I,
LLC             |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                                        
|City Line Shopping Center Associates     |  | Pennsylvania |  | US Retail Partners Limited Partnership                                  |  | General Partner                 |  | 1              | % 
|                                         |  |              |  |                                                                        
|                                         |  |              |  | City Line LP, LLC                                                       |  | Limited Partner                 |  | 99             | % 
|                                         |  |              |  |                                                                        
|City Line LP, LLC                        |  | Delaware     |  | USRP LP, LLC                                                            |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                                        
|FW Allenbeth GP, LLC                     |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                                   |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                                        
|Allenbeth Associates Limited Partnership |  | Maryland     |  | FW Allenbeth GP, LLC Eastern Shopping Centers I,
LLC                    |  | General Partner Limited Partner |  | 199            | %%
|                                         |  |              |  |                                                                        
|USRP Towamencin Land, LLC                |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                                   |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                                        
|FW First Colony GP, LLC                  |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                                   |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                                        
|FW TX-First Colony Marketplace, L.P.     |  | Delaware     |  | FW First Colony GP, LLC U.S. Retail Partners Holding,
LLC               |  | General Partner Limited Partner |  | 199            | %%
|                                         |  |              |  |                                                                        
|FW Memorial GP, LLC                      |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                                   |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                                        
|FW TX-Memorial Collection, L.P.          |  | Delaware     |  | FW Memorial GP, LLC U.S. Retail Partners Holding,
LLC                   |  | General Partner Limited Partner |  | 199            | %%
|                                         |  |              |  |                                                                        
|FW Weslyan GP, LLC                       |  | Delaware     |  | Macquarie CountryWide Regency II, LLC U.S. Retail
Partners Holding, LLC |  | Member                          |  | 100            | % 



11



---

|                                       |  |              |  |                                                         |  |                                 |  |                |   
|-------------------------------------- |  | ------------ |  | ------------------------------------------------------- |  | ------------------------------- |  | -------------- | --
|Entity                                 |  | Jurisdiction |  | Owner(s)                                                |  | Nature of Interest              |  | % of Ownership |   
|FW TX-Weslyan Plaza, L.P.              |  | Delaware     |  | FW Weslyan GP, LLC                                      |  | General Partner Limited Partner |  | 199            | %%
|                                       |  |              |  |                                                        
|FW Westheimer GP, LLC                  |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                   |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                        
|FW TX-Westheimer Marketplace, L.P.     |  | Delaware     |  | FW Westheimer GP, LLC U.S. Retail Partners Holding,
LLC |  | General Partner Limited Partner |  | 199            | %%
|                                       |  |              |  |                                                        
|FW Woodway GP, LLC                     |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                   |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                        
|FW TX-Woodway Collection, L.P.         |  | Delaware     |  | FW Woodway GP, LLC U.S. Retail Partners Holding,
LLC    |  | General Partner Limited Partner |  | 199            | %%
|                                       |  |              |  |                                                        
|FW VA-601 Kings Street, LLC            |  | Delaware     |  | FW MCW-Reg II Holdings, LLC                             |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                        
|FW VA-Ashburn Farm Village Center, LLC |  | Delaware     |  | FW MCW-Reg II Holdings, LLC                             |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                        
|FW VA-Centre Ridge Marketplace, LLC    |  | Delaware     |  | FW MCW-Reg II Holdings, LLC                             |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                        
|FW VA-Fox Mill Shopping Center, LLC    |  | Delaware     |  | FW MCW-Reg II Holdings, LLC                             |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                        
|FW VA-Kings Park Shopping Center, LLC  |  | Delaware     |  | FW MCW-Reg II Holdings, LLC                             |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                        
|FW VA-Laburnum Square, LLC             |  | Delaware     |  | FW MCW-Reg II Holdings, LLC                             |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                        
|FW VA-Saratoga Shopping Center, LLC    |  | Delaware     |  | FW MCW-Reg II Holdings, LLC                             |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                        
|FW VA-The Village Shopping Center, LLC |  | Delaware     |  | FW MCW-Reg II Holdings, LLC                             |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                        
|FW Gayton Holding, LLC                 |  | Delaware     |  | Macquarie CountryWide Regency II, LLC                   |  | Member                          |  | 100            | % 



12



---

|                                           |  |              |  |                                                                                              |  |                      |  |                |    
|------------------------------------------ |  | ------------ |  | -------------------------------------------------------------------------------------------- |  | -------------------- |  | -------------- | ---
|Entity                                     |  | Jurisdiction |  | Owner(s)                                                                                     |  | Nature of Interest   |  | % of Ownership |    
|FW VA-Gayton Crossing Shopping Center, LLC |  | Delaware     |  | FW Gayton Holding, LLC                                                                       |  | Member               |  | 100            | %  
|                                           |  |              |  |                                                                                             
|FW WA-Aurora Marketplace, LLC              |  | Delaware     |  | FW MCW-Reg II Holdings, LLC                                                                  |  | Member               |  | 100            | %  
|                                           |  |              |  |                                                                                             
|FW WA-Eastgate Plaza, LLC                  |  | Delaware     |  | FW MCW-Reg II Holdings, LLC                                                                  |  | Member               |  | 100            | %  
|                                           |  |              |  |                                                                                             
|FW WA-Overlake Fashion Plaza, LLC          |  | Delaware     |  | FW MCW-Reg II Holdings, LLC                                                                  |  | Member               |  | 100            | %  
|                                           |  |              |  |                                                                                             
|FW WI-Cudahy Center, LLC                   |  | Delaware     |  | FW MCW-Reg II Holdings, LLC                                                                  |  | Member               |  | 100            | %  
|                                           |  |              |  |                                                                                             
|FW WI-Whitnall Square, LLC                 |  | Delaware     |  | FW MCW-Reg II Holdings, LLC                                                                  |  | Member               |  | 100            | %  
|                                           |  |              |  |                                                                                             
|Macquarie CountryWide-Regency III, LLC     |  | Delaware     |  | Macquarie CountryWide (US) No. 2 LLC Macquarie-Regency
Management, LLC Regency Centers, L.P. |  | Member Member Member |  | 75.00.0124.99  | %%%
|                                           |  |              |  |                                                                                             
|MCW RC III Hilltop Village Member, LLC     |  | Delaware     |  | Macquarie CountryWide-Regency III, LLC                                                       |  | Member               |  | 100            | %  
|                                           |  |              |  |                                                                                             
|MCW RC III Hilltop Village, LLC            |  | Delaware     |  | MCW RC III Hilltop Village Member, LLC                                                       |  | Member               |  | 100            | %  
|                                           |  |              |  |                                                                                             
|MCW/MDP-Regency, LLC                       |  | Delaware     |  | Regency Centers, L.P. MCW/MDP, LLC                                                           |  | Member Member        |  | 2575           | %% 
|                                           |  |              |  |                                                                                             
|MCD-RC CA-Amerige, LLC                     |  | Delaware     |  | MCW/MDP-Regency, LLC                                                                         |  | Member               |  | 100            | %  
|                                           |  |              |  |                                                                                             
|MCD-RC El Cerrito Holdings, LLC            |  | Delaware     |  | MCW/MDP-Regency, LLC                                                                         |  | Member               |  | 100            | %  
|                                           |  |              |  |                                                                                             
|MCD-RC CA-El Cerrito, LLC                  |  | Delaware     |  | MCD-RC El Cerrito Holdings, LLC                                                              |  | Member               |  | 100            | %  
|                                           |  |              |  |                                                                                             
|MCD-RC OH-Milford, LLC                     |  | Delaware     |  | MCW/MDP-Regency, LLC                                                                         |  | Member               |  | 100            | %  
|                                           |  |              |  |                                                                                             
|RegCal, LLC                                |  | Delaware     |  | California State Teachers Retirement System                                                  |  | Member               |  | 75             | %  
|                                           |  |              |  | Regency Centers, L.P.                                                                        |  | Member               |  | 25             | %  



13



---

|                               |  |              |  |                                |  |                    |  |                |  
|------------------------------ |  | ------------ |  | ------------------------------ |  | ------------------ |  | -------------- | -
|Entity                         |  | Jurisdiction |  | Owner(s)                       |  | Nature of Interest |  | % of Ownership |  
|RegCal Holding, LLC            |  | Delaware     |  | RegCal, LLC                    |  | Member             |  | 100            | %
|                               |  |              |  |                               
|CAR Apple Valley Square, LLC   |  | Delaware     |  | RegCal, LLC                    |  | Member             |  | 100            | %
|                               |  |              |  |                               
|CAR Braemar Village, LLC       |  | Delaware     |  | RegCal, LLC                    |  | Member             |  | 100            | %
|                               |  |              |  |                               
|CAR Corral Hollow, LLC         |  | Delaware     |  | RegCal Holding, LLC            |  | Member             |  | 100            | %
|                               |  |              |  |                               
|CAR Five Corners Plaza, LLC    |  | Delaware     |  | Five Corners Plaza Member, LLC |  | Member             |  | 100            | %
|                               |  |              |  |                               
|Five Corners Plaza Member, LLC |  | Delaware     |  | RegCal, LLC                    |  | Member             |  | 100            | %
|                               |  |              |  |                               
|CAR Fuquay Holding, LLC        |  | Delaware     |  | RegCal, LLC                    |  | Member             |  | 100            | %
|                               |  |              |  |                               
|CAR Fuquay Crossing, LLC       |  | Delaware     |  | CAR Fuquay Holding, LLC        |  | Member             |  | 100            | %
|                               |  |              |  |                               
|CAR Fuquay Property, LLC       |  | Delaware     |  | RegCal, LLC                    |  | Member             |  | 100            | %
|                               |  |              |  |                               
|CAR Jetton Village, LLC        |  | Delaware     |  | Jetton Village Member, LLC     |  | Member             |  | 100            | %
|                               |  |              |  |                               
|Jetton Village Member, LLC     |  | Delaware     |  | RegCal, LLC                    |  | Member             |  | 100            | %
|                               |  |              |  |                               
|KF-BRE, LLC                    |  | Delaware     |  | RegCal, LLC                    |  | Member             |  | 100            | %
|                               |  |              |  |                               
|KF-REG Holding, LLC            |  | Delaware     |  | RegCal, LLC                    |  | Member             |  | 100            | %
|                               |  |              |  |                               
|KF-REG Associates, LLC         |  | Delaware     |  | KF-REG Holding, LLC            |  | Member             |  | 100            | %
|                               |  |              |  |                               
|King Farm Center, LLC          |  | Delaware     |  | KF-REG Associates, LLC         |  | Member             |  | 100            | %



14



---

|                                       |  |              |  |                                                                  |  |                                 |  |                |   
|-------------------------------------- |  | ------------ |  | ---------------------------------------------------------------- |  | ------------------------------- |  | -------------- | --
|Entity                                 |  | Jurisdiction |  | Owner(s)                                                         |  | Nature of Interest              |  | % of Ownership |   
|Bammel North Houston Center, Ltd.      |  | Texas        |  | Regency Centers, L.P. HEB Grocery Company,
LP                    |  | General Partner Limited Partner |  | Varies         |   
|                                       |  |              |  |                                                                 
|Bartram Park Center, LLC               |  | Delaware     |  | Regency Centers, L.P. Real Sub, LLC                              |  | Member Member                   |  | Varies         |   
|                                       |  |              |  |                                                                 
|Belleview Square, LLC                  |  | Delaware     |  | Regency Centers, L.P.                                            |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                                 
|Clayton Valley Shopping Center, LLC    |  | Delaware     |  | Regency Centers, L.P.                                            |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                                 
|Gateway Azco GP, LLC                   |  | Delaware     |  | Regency Centers, L.P.                                            |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                                 
|AZCO Partners                          |  | Pennsylvania |  | Gateway Azco Partners GP, LLC Regency Centers,
L.P.              |  | General Partner Limited Partner |  | 199            | %%
|                                       |  |              |  |                                                                 
|Gateway Azco Manager, LLC              |  | Delaware     |  | Regency Centers, L.P.                                            |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                                 
|Indian Springs GP, LLC                 |  | Delaware     |  | Regency Woodlands/Kuykendahl Retail, Ltd.                        |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                                 
|Indian Springs at Woodlands, Ltd.      |  | Texas        |  | Indian Springs GP, LLC Regency Woodlands/Kuykendahl
Retail, Ltd. |  | General Partner Limited Partner |  | 0.199.9        | %%
|                                       |  |              |  |                                                                 
|Langston Center, LLC                   |  | Delaware     |  | Regency Centers, L.P.                                            |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                                 
|NSHE Winnebago, LLC                    |  | Arizona      |  | Regency Centers, L.P.                                            |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                                 
|Northlake Village Shopping Center, LLC |  | Florida      |  | Regency Centers, L.P.                                            |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                                 
|Queensboro Associates, L.P.            |  | Georgia      |  | Regency Centers, L.P. Real Sub, LLC                              |  | General Partner Limited Partner |  | 5050           | %%
|                                       |  |              |  |                                                                 
|Regency Centers Advisors, LLC          |  | Florida      |  | Regency Centers, L.P.                                            |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                                 
|RC CA Santa Barbara, LLC               |  | Delaware     |  | Regency Centers, L.P.                                            |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                                 
|RC Georgia Holdings, LLC               |  | Georgia      |  | Regency Centers, L.P.                                            |  | Member                          |  | 100            | % 
|                                       |  |              |  |                                                                 
|Regency Centers Georgia, L.P.          |  | Georgia      |  | RC Georgia Holdings, LLC Regency Centers,
L.P.                   |  | General Partner Limited Partner |  | 199            | %%



15



---

|                                          |  |              |  |                                                                |  |                                           |  |                |    
|----------------------------------------- |  | ------------ |  | -------------------------------------------------------------- |  | ----------------------------------------- |  | -------------- | ---
|Entity                                    |  | Jurisdiction |  | Owner(s)                                                       |  | Nature of Interest                        |  | % of Ownership |    
|Regency Opitz, LLC                        |  | Delaware     |  | Regency Centers, L.P.                                          |  | Member                                    |  | 100            | %  
|                                          |  |              |  |                                                               
|Regency Remediation, LLC                  |  | Florida      |  | Regency Centers, L.P.                                          |  | Member                                    |  | 100            | %  
|                                          |  |              |  |                                                               
|Regency Tall Oaks Village Center, LLC     |  | Delaware     |  | Regency Centers, L.P.                                          |  | Member                                    |  | 100            | %  
|                                          |  |              |  |                                                               
|Regency Woodlands/Kuykendahl Retail, Ltd. |  | Texas        |  | Regency Centers, L.P. HEB Grocery Company,
LP                  |  | General Partner Limited Partner           |  | 5050           | %% 
|                                          |  |              |  |                                                               
|Silver Spring Square, L.P.                |  | Pennsylvania |  | Regency Centers, L.P. TCH Realty Development Co.,
LLC          |  | General Partner Limited Partner           |  | 7525           | %% 
|                                          |  |              |  |                                                               
|T&M Shiloh Development Company            |  | Texas        |  | Regency Centers, L.P.                                          |  | General Partner                           |  | 100            | %  
|                                          |  |              |  |                                                               
|T&R New Albany Development Company, LLC   |  | Ohio         |  | Regency Centers, L.P. Topvalco                                 |  | Member Member                             |  | 5050           | %% 
|                                          |  |              |  |                                                               
|Twin City Plaza Member, LLC               |  | Delaware     |  | Regency Centers, L.P.                                          |  | Member                                    |  | 100            | %  
|                                          |  |              |  |                                                               
|Twin City Plaza, LLC                      |  | Delaware     |  | Twin City Plaza Member, LLC                                    |  | Member                                    |  | 100            | %  
|                                          |  |              |  |                                                               
|Vista Village, LLC                        |  | Delaware     |  | Regency Realty Group, Inc. Civic Partners Vista Village
I, LLC |  | Member Member                             |  | 5050           | %% 
|                                          |  |              |  |                                                               
|RRG Holdings, LLC                         |  | Florida      |  | Regency Centers, L.P.                                          |  | Member                                    |  | 100            | %  
|                                          |  |              |  |                                                               
|Regency Realty Group, Inc.                |  | Florida      |  | Regency Centers, L.P.  RRG Holdings, LLC                       |  | Preferred Stock Common Stock Common Stock |  | 100793         | %%%
|                                          |  |              |  |                                                               
|4S Regency Partners, LLC                  |  | Delaware     |  | Regency Realty Group, Inc.                                     |  | Member                                    |  | 100            | %  
|                                          |  |              |  |                                                               
|Alameda Bridgeside Shopping Center, LLC   |  | Delaware     |  | Regency Realty Group, Inc.                                     |  | Member                                    |  | 100            | %  



16



---

|                                          |  |              |  |                                             |  |                    |  |                |   
|----------------------------------------- |  | ------------ |  | ------------------------------------------- |  | ------------------ |  | -------------- | --
|Entity                                    |  | Jurisdiction |  | Owner(s)                                    |  | Nature of Interest |  | % of Ownership |   
|Amherst Street Shopping Center, LLC       |  | Delaware     |  | Regency Realty Group J. Donagan             |  | Member Member      |  | Interests Vary |   
|                                          |  |              |  |                                            
|Bammel Center, LLC                        |  | Delaware     |  | Regency Realty Group, Inc.                  |  | Member             |  | 100            | % 
|                                          |  |              |  |                                            
|Bordeaux Development, LLC                 |  | Florida      |  | Regency Realty Group, Inc.                  |  | Member             |  | 100            | % 
|                                          |  |              |  |                                            
|Castaic Vine, LLC                         |  | Delaware     |  | Regency Realty Group, Inc.                  |  | Member             |  | 100            | % 
|                                          |  |              |  |                                            
|Cathedral City Rio Vista Town Centre, LLC |  | Delaware     |  | Regency Realty Group, Inc.                  |  | Member             |  | 100            | % 
|                                          |  |              |  |                                            
|Chestnut Powder, LLC                      |  | Georgia      |  | Regency Realty Group, Inc.                  |  | Member             |  | 100            | % 
|                                          |  |              |  |                                            
|Clarksburg Retail Partners, LLC           |  | Delaware     |  | Regency Realty Group, Inc.                  |  | Member             |  | 100            | % 
|                                          |  |              |  |                                            
|Culpeper Regency, LLC                     |  | Delaware     |  | Regency Realty Group, Inc.                  |  | Member             |  | 100            | % 
|                                          |  |              |  |                                            
|Dixon, LLC                                |  | Florida      |  | Regency Realty Group, Inc.                  |  | Member             |  | 100            | % 
|                                          |  |              |  |                                            
|East Towne Center, LLC                    |  | Delaware     |  | Regency Realty Group, Inc. Lake McLeod,
LLC |  | Member Member      |  | Interests Vary |   
|                                          |  |              |  |                                            
|Edmunson Orange Corp.                     |  | Tennessee    |  | Regency Realty Group, Inc.                  |  | Common Stock       |  | 100            | % 
|                                          |  |              |  |                                            
|Fort Collins Center, LLC                  |  | Delaware     |  | Regency Realty Group, Inc.                  |  | Member             |  | 100            | % 
|                                          |  |              |  |                                            
|Fortuna Regency, LLC                      |  | Delaware     |  | Regency Realty Group, Inc.                  |  | Member             |  | 100            | % 
|                                          |  |              |  |                                            
|Harding Place, LLC                        |  | Delaware     |  | Regency Realty Group, Inc. RFM Harding,
LLC |  | Member Member      |  | 5050           | %%



17



---

|                                 |  |              |  |                                                                |  |                    |  |                |   
|-------------------------------- |  | ------------ |  | -------------------------------------------------------------- |  | ------------------ |  | -------------- | --
|Entity                           |  | Jurisdiction |  | Owner(s)                                                       |  | Nature of Interest |  | % of Ownership |   
|Tennessee-Florida Investors, LLC |  | Delaware     |  | Harding Place, LLC                                             |  | Member             |  | 100            | % 
|                                 |  |              |  |                                                               
|Hasley Canyon Village, LLC       |  | Delaware     |  | Regency Realty Group, Inc. Community Company,
LLC              |  | Member Member      |  | 5050           | %%
|                                 |  |              |  |                                                               
|Hermitage Development II, LLC    |  | Florida      |  | Regency Realty Group, Inc.                                     |  | Member             |  | 100            | % 
|                                 |  |              |  |                                                               
|Hoadly Regency, LLC              |  | Delaware     |  | Regency Realty Group, Inc. John H.
Donegan                     |  | Member Member      |  | Interests Vary |   
|                                 |  |              |  |                                                               
|Hollymead Town Center, LLC       |  | Delaware     |  | Regency Realty Group, Inc. DRG-Charlottesville
Developers, LLC |  | Member Member      |  | 5050           | %%
|                                 |  |              |  |                                                               
|Jog Road, LLC                    |  | Florida      |  | Regency Realty Group, Inc. Bentz Capital Group,
LLC            |  | Member Member      |  | 5050           | %%
|                                 |  |              |  |                                                               
|Southland Centers II, LLC        |  | Florida      |  | Jog Road, LLC                                                  |  | Member             |  | 100            | % 
|                                 |  |              |  |                                                               
|K&G/Regency II, LLC              |  | Delaware     |  | Regency Realty Group, Inc. K&G Equities VII,
LLC               |  | Member             |  | 5050           | %%
|                                 |  |              |  |                                                               
|Lee Regency, LLC                 |  | Delaware     |  | Regency Realty Group, Inc.                                     |  | Member             |  | 100            | % 
|                                 |  |              |  |                                                               
|Longmont Center, LLC             |  | Delaware     |  | Regency Realty Group, Inc.                                     |  | Member             |  | 100            | % 
|                                 |  |              |  |                                                               
|Loveland Shopping Center, LLC    |  | Delaware     |  | Regency Realty Group, Inc.                                     |  | Member             |  | 100            | % 
|                                 |  |              |  |                                                               
|Luther Properties, Inc.          |  | Tennessee    |  | Regency Realty Group, Inc.                                     |  | Common Stock       |  | 100            | % 
|                                 |  |              |  |                                                               
|Marietta Outparcel, Inc.         |  | Georgia      |  | Regency Realty Group, Inc.                                     |  | Common Stock       |  | 100            | % 



18



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|                                         |  |              |  |                                                          |  |                                 |  |                |   
|---------------------------------------- |  | ------------ |  | -------------------------------------------------------- |  | ------------------------------- |  | -------------- | --
|Entity                                   |  | Jurisdiction |  | Owner(s)                                                 |  | Nature of Interest              |  | % of Ownership |   
|The Marketplace at Briargate, LLC        |  | Delaware     |  | Regency Realty Group, Inc.                               |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                         
|Merrimack Office Properties, LLC         |  | Delaware     |  | Regency Realty Group, Inc. JDC Merrimack,
LLC            |  | Member Member                   |  | 2550           | %%
|                                         |  |              |  |                                                         
|Merrimack Shopping Center, LLC           |  | Delaware     |  | Regency Realty Group, Inc.                               |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                         
|Middle Tennessee Development, LLC        |  | Delaware     |  | Regency Realty Group, Inc.                               |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                         
|Mountain Meadow, LLC                     |  | Delaware     |  | Regency Realty Group, Inc.                               |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                         
|Murieta Gardens Shopping Center, LLC     |  | Delaware     |  | Regency Realty Group, Inc.                               |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                         
|New Windsor Marketplace, LLC             |  | Delaware     |  | Regency Realty Group, Inc.                               |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                         
|R2 Media, LLC                            |  | Florida      |  | Regency Realty Group, Inc.                               |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                         
|RRG Net, LLC                             |  | Florida      |  | Regency Realty Group, Inc.                               |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                         
|Regency Afton Willow-Paso Robles, LLC    |  | Delaware     |  | Regency Realty Group, Inc. Afton Willow-Paso Robles,
LLC |  | Member Member                   |  | Interests vary |   
|                                         |  |              |  |                                                         
|Regency-Alliance Santa Rosa, LLC         |  | Delaware     |  | Regency Realty Group, Inc.                               |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                         
|Regency Blue Ash, LLC                    |  | Delaware     |  | Regency Realty Group, Inc.                               |  | Member                          |  | 100            | % 
|                                         |  |              |  |                                                         
|Regency Cahan-Clovis, LLC                |  | Delaware     |  | Regency Realty Group, Inc. Cahan Properties,
Inc.        |  | Member Member                   |  | 5050           | %%
|                                         |  |              |  |                                                         
|Regency I-45/Spring Cypress Retail, L.P. |  | Delaware     |  | Regency Realty Group, Inc. HEB Grocery Company,
L.P.     |  | General Partner Limited Partner |  | Interests Vary |   
|                                         |  |              |  |                                                         
|Regency Magi, LLC                        |  | Delaware     |  | Regency Realty Group, Inc. Magi, LLC                     |  | Member Member                   |  | Interests Vary |   



19



---

|                                            |  |              |  |                                                              |  |                                 |  |                |   
|------------------------------------------- |  | ------------ |  | ------------------------------------------------------------ |  | ------------------------------- |  | -------------- | --
|Entity                                      |  | Jurisdiction |  | Owner(s)                                                     |  | Nature of Interest              |  | % of Ownership |   
|Regency Marinita-LaQuinta, LLC              |  | Delaware     |  | Regency Realty Group, Inc. Marinita Development
Co.          |  | Member Member                   |  | Interests Vary |   
|                                            |  |              |  |                                                             
|Regency Petaluma, LLC                       |  | Delaware     |  | Regency Realty Group, Inc.                                   |  | Member                          |  | 100            | % 
|                                            |  |              |  |                                                             
|Regency Realty Colorado, Inc.               |  | Florida      |  | Regency Realty Group, Inc Snowden Leftwich (see Note 1)      |  | Common Stock Common Stock       |  | 8020           | %%
|                                            |  |              |  |                                                             
|Regency Realty Group-NE, Inc.               |  | Florida      |  | Regency Realty Group, Inc.                                   |  | Common Stock                    |  | 100            | % 
|                                            |  |              |  |                                                             
|SS Harbour GP, LLC                          |  | Delaware     |  | Regency Realty Group, Inc.                                   |  | Member                          |  | 100            | % 
|                                            |  |              |  |                                                             
|SS Harbour, L.P.                            |  | Texas        |  | SS Harbour GP, LLC Regency Realty Group,
Inc.                |  | General Partner Limited Partner |  | 199            | %%
|                                            |  |              |  |                                                             
|Shops at Highland Village GP, LLC           |  | Delaware     |  | Regency Realty Group, Inc.                                   |  | Member                          |  | 100            | % 
|                                            |  |              |  |                                                             
|Shops at Highland Village Development, Ltd. |  | Texas        |  | Shops at Highland Village GP, LLC Regency Realty Group,
Inc. |  | General Partner Limited Partner |  | 199            | %%
|                                            |  |              |  |                                                             
|Signal Hill Two, LLC                        |  | Delaware     |  | Regency Realty Group, Inc. John H.
Donegan                   |  | Member Member                   |  | Interests Vary |   
|                                            |  |              |  |                                                             
|Signature Plaza, LLC                        |  | Delaware     |  | Regency Realty Group, Inc.                                   |  | Member                          |  | 100            | % 
|                                            |  |              |  |                                                             
|Slausen Central, LLC                        |  | Delaware     |  | Regency Realty Group, Inc.                                   |  | Member                          |  | 100            | % 
|                                            |  |              |  |                                                             
|Tinwood, LLC                                |  | Florida      |  | Regency Realty Group, Inc.                                   |  | Member Member                   |  | 5050           | %%
|                                            |  |              |  |                                                             
|Valleydale, LLC                             |  | Delaware     |  | Regency Realty Group, Inc.                                   |  | Member                          |  | 100            | % 
|                                            |  |              |  |                                                             
|West End Properties, LLC                    |  | Florida      |  | Regency Realty Group, Inc.                                   |  | Member                          |  | 100            | % 

Note 1: Snowden Leftwich is a Regency employee who is the licensed broker for this entity. Colorado requires that
the broker must own a minimum of 20% of the equity in a licensed entity.



20