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Lucescu Realty Announces $500 Million in Retail Property Transactions and the Opening of a...

NEWPORT BEACH, CA - May 18, 2011 - (RealEstateRama) -- Mark Lucescu, President of Lucescu Realty, one of the most active real estate investment brokerage firms in the U.S., announced today that the firm has closed, or currently has in escrow, approximately $500 million in retail property transactions and has opened a new office in Las Vegas to better serve its clients. Lucescu Realty most recently represented separate sellers, and procured the buyers, in the sale of Park West Place, a 757,000 sq. ft. power center in Stockton, Calif., which was acquired for $92.5 million; and Gilroy Crossing, a 474,000 sq. ft. power center in Gilroy, Calif., which was acquired for $68.5 million.

Business Real Estate Press Releases

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.

Recent Gov & Nonprofit Real Estate Press Releases

Listing Your Home

5 Steps to Take Before Listing Your Home

Homeowners everywhere hope to sell at the highest possible price when listing their home on the market and moving to a new, better space for their family. But cashing out at the peak of the market’s price range is not always in the cards.