LUCESCU REALTY Announces Sale of Deer Springs Town Center Shopping Center in Las Vegas, Nevada for $50.5 Million

    LUCESCU REALTY Announces Sale of Deer Springs Town Center Shopping Center in Las Vegas, Nevada for $50.5 Million

    NEWPORT BEACH, CA – May 6, 2013 – (RealEstateRama) — Mark Lucescu, President of LUCESCU REALTY, a market leading investment real estate services firm, announced today the sale of Deer Springs Town Center Shopping Center in the City of Las Vegas, Nevada for $50.5 million. Deer Springs Town Center was developed by Regency Centers Corporation (NYSE:REG), a preeminent national owner, operator, and developer of dominant grocery-anchored and community shopping centers. Headquartered in Jacksonville, Florida, Regency is a real estate investment trust with a portfolio encompassing 46.3 million square feet

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    LUCESCU REALTY is a market leading investment real estate services firm that uniquely combines major capital markets expertise with a complete and thorough understanding of real estate fundamentals to execute a wide range of services on behalf of its clients.

    Scope of services include sale transactions, advisory/consulting, debt/equity placement, market research and financial services. LUCESCU REALTY specializes in individual property and portfolio transactions, on behalf of public and private companies worldwide, involving neighborhood, community, power, and lifestyle centers, regional malls, and suburban and central business district office buildings.

    The hallmark of LUCESCU REALTY is its ability to maximize value through its exclusive focus on sale transactions, access to the full spectrum of both public and private investors, intimate local market knowledge through its in-house group of market analysts, tailored marketing strategies, and depth of capital market experience.

    LUCESCU REALTY is annually recognized as one of the most active brokerage firms in the United States. Headquartered in Newport Beach, California, LUCESCU REALTY has regional offices in Phoenix, Arizona and Las Vegas, Nevada and plans to open an office in San Francisco later this year.

    Contact:

    LUCESCU REALTY
    500 Newport Center Drive, Suite 550
    Newport Beach, CA 92660

    Tel: 949.706.7772 ext. 100
    Fax: 949.706.7773

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