Business News • 1888 Press Release • Lucescu Realty Announces Opening of New Office in Phoenix, AZ and Sale of The Promenade in Scottsdale, AZ for $110 Million

Lucescu Realty Announces Opening of New Office in Phoenix, AZ and Sale of The Promenade in Scottsdale, AZ for $110 Million

Lucescu Realty Announces Opening of New Office in Phoenix, AZ and Sale of The Promenade in Scottsdale, AZ for $110 Million

Lucescu Realty has opened a new regional office in Phoenix, AZ to better serve its clients; and Lucescu Realty's sale of The Promenade in Scottsdale, which closed on July 11, marks one of the largest shopping center sales ever recorded in Arizona. The sale price was $110 million. Lucescu Realty represented the seller, a local private investor, and procured the buyer, Excel Trust of San Diego.

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