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Westwood Financial Corp.  Announces Its Plans to Purchase $200 Million in Retail Properties in 2007

2/14/07
Westwood Financial Corp. is currently seeking properties to meet its goal of placing $200 million in 2007.  Westwood Financial Corp. will consider retail shopping centers located in the following states:  California, Arizona, Nevada, Colorado, Washington, Oregon, Texas, New Mexico, Georgia, Kansas, Missouri, North Carolina and Florida. 

Westwood Financial Corp. is a privately owned company which currently owns and operates 86 shopping centers across the country.  Last year we acquired over $150 million in retail shopping centers in 4 states.  By the end of 2006, our portfolio had exceeded 6 million square feet of community, neighborhood, and specialty retail centers nationally. 

Westwood Financial Corp. has owned over 300 properties during the last 36 years.  We are a fully integrated real estate company that acquires, leases, and manages its real estate portfolio.  Westwood Financial Corp. is headquartered in Los Angeles with offices in Phoenix, Dallas and Sacramento. 

For more information, please contact:

Joe Dykstra, Executive Vice President
310-820-5443
jdykstra@westfin.com
www.westfin.com

Western and Midwest Regions
Bilal Khatib, Vice President, Acquisitions
310.820.5443
bilal@westfin.com

Southeast and Texas Regions
Scott Henard, Vice President, Acquisitions
972.731.6716
scott@westfin.com