Regency Centers, the national owner and developer of grocery-anchored and community shopping centers, has acquired its first property in New York. With its co-investment partner, First Washington Realty, Inc., Regency purchased Lake Grove Commons, a 141,382-square-foot shopping center at 110 - 150 New Moriches Rd. in Lake Grove, NY, for $72.5 million, or about $564 per square foot.