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Westwood Financial Corp. Acquires Core Plus Publix-Anchored Shopping Center in Atlanta, Georgia
9/6/07
Atlanta, GEORGIA – Westwood Financial Corp. has acquired Haynes Bridge Village, a 101,610 square foot shopping center, anchored by a highly successful Publix supermarket. Haynes Bridge Village is located on the NE corner of Haynes Bridge Road and Old Alabama Road in the Atlanta suburb of Johns Creek. Tenants at the property include Starbucks, Brooklyn Bagel Bakery, Great Clips, H&R Block, Key Worth Bank, El Azteca Mexican Restaurant, Domino's Pizza, and GNC. The property was purchased from Branch Properties and Kris Cooper and Margaret Caldwell of Jones Lang LaSalle Atlanta represented the Seller in the transaction.
“Haynes Bridge is a core plus asset and is the dominant grocery-anchored neighborhood shopping center located in the affluent Atlanta suburb of Johns Creek,“ said Joe Dykstra, Executive Vice President of Westwood Financial Corp. Haynes Bridge Village is Westwood Financial Corp.'s third acquisition in Atlanta in the last two years.
Haynes Bridge Village is Westwood Financial Corp's 3rd acquisition for 2007. Westwood Financial Corp. has acquired over 30 properties in the last 3 years in Georgia, Texas, Florida, Colorado, California, Arizona, and Kansas. Westwood Financial Corp. focuses its acquisition efforts on acquiring either mature suburban neighborhood shopping centers anchored by the #1 or #2 grocery stores in the properties' MSA or urban-located anchored or unanchored retail properties in major cities.
Headquartered in Los Angeles, Westwood Financial Corp has offices in Phoenix, Dallas and Sacramento and owns and operates more than 85 neighborhood, community and specialty retail shopping centers totaling over 5 million square feet in 11 states. Westwood Financial Corp. is a fully integrated real estate company that acquires, leases, and manages its real estate portfolio.
For more information, please contact:
Joe Dykstra, Executive Vice President
310-820-5443
jdykstra@westfin.com
www.westfin.com
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