Regency Affiliates, Inc. invests in assets that generate attractive, predictable and sustainable returns on capital. Our objective is to generate long term value for our common stock holders. Our management team and board of directors have a strong vested interest in our long term success as they collectively own the majority of our common stock. We continue to seek sound investment opportunities that meet our business characteristics and valuation criteria.

We currently own two assets:

  1. An indirect 50% interest in the 717,000 square foot facility Security West complex located on 34.3 acres in Woodlawn, Maryland. On December 17, 2018, Security West signed a new ten-year lease with the GSA. The new lease became effective November 1, 2018 and expires on October 31, 2028. At any time on or after November 1, 2021, the GSA may partially terminate the lease and vacate up to 266,353 square feet by providing 12 months written notice. On or after November 1, 2023, the GSA may terminate the entire lease upon 24 months written notice; and  
  2. A majority joint-venture interest in a portfolio of five standalone self-storage facilities in the Harrisburg, Pennsylvania vicinity comprising approximately 330,000 square feet of net rentable space consisting of in excess of 2,500 climate and non-climate controlled storage units.  

We appreciate your investment and support.

Laurence S. Levy

Chairman, CEO and CFO