Press Releases

/Press Releases

Westwood Acquires Street Retail Asset Anchored by Amazon in Chicago’s Lincoln Park

By | 2018-06-12T09:14:07+00:00 June 11th, 2018|Press Releases|

Los Angeles, CA (June 11, 2018) – Westwood Financial LLC, a leading retail real estate investment firm, has acquired a 2,800 square foot retail condominium anchored by Amazon in Chicago’s Lincoln Park neighborhood.Located at the southwest corner of Webster and Sheffield Avenues in the heart of Lincoln Park, one of Chicago’s most affluent neighborhoods, [...]

Westwood Financial Acquires Two Sprouts-Anchored Centers in Phoenix and Atlanta

By | 2018-06-12T09:18:02+00:00 May 25th, 2018|Press Releases|

Los Angeles, CA (May 18, 2018) – Westwood Financial LLC, a leading retail real estate investment firm, in separate transactions has acquired two Sprouts-anchored neighborhood centers in Phoenix, AZ and Atlanta, GA for a total of $66.2 million. Boardwalk at Andersen Springs in Chandler (Phoenix), AZ and is the home of the original Sprouts Farmers [...]

Westwood Financial Announces Progress On Strategic Initiatives

By | 2018-01-19T11:24:07+00:00 January 17th, 2018|Press Releases|

LOS ANGELES, Calif., January 16, 2018 – Westwood Financial, a leading retail real estate investment firm, announced the Company’s progress on transactional and operational initiatives for 2017. Westwood acquired four assets totaling $100 million and disposed of 13 assets totaling $104 million. Acquisitions included a Trader Joe’s-anchored center in Charlotte, an H-E-B-anchored center in Houston, [...]

Westwood Financial Continues Trajectory of Rapid Growth; Appoints New Executive Vice President to Lead Expansion

By | 2018-01-19T11:37:28+00:00 August 21st, 2017|Press Releases|

LOS ANGELES, Calif. (August 21, 2017) – Westwood Financial, a leading retail investment firm with a portfolio of 118 shopping centers in the U.S., has announced the addition of Matt Lougee as its new Executive Vice President to lead the firm’s ongoing growth and expansion. “As a forward-looking firm, we are committed to creating a [...]

Westwood Expands Leadership Team For Future Growth; Appoints New Senior Vice President Of Acquisitions

By | 2018-01-19T11:25:19+00:00 July 10th, 2017|Press Releases|

Los Angeles, CA (July 10, 2017) – Westwood Financial, a real estate investment firm with a portfolio totaling over $1.5 billion in shopping centers throughout the U.S., has announced the expansion of its executive leadership team with the addition of Stuart Brackenridge, Senior Vice President of Acquisitions. This appointment comes on the heels of Westwood Financial’s [...]

Westwood Financial Acquires Trader Joe’s-Anchored Shopping Center in Charlotte, North Carolina

By | 2017-06-27T16:19:05+00:00 June 27th, 2017|Press Releases|

Charlotte, NC (June 26, 2017) – Westwood Financial LLC, a Los Angeles-based owner-operator of high-quality shopping centers with a portfolio totaling over $1.5 billion throughout the U.S., has acquired The Arbors at Mallard Creek, a 55,323 square-foot, Trade Joe’s-anchored neighborhood center in Charlotte, North Carolina for $25.1 million. “Trader Joe’s is one of the strongest [...]

Westwood Financial Sells Shopping Center in Phoenix, Arizona Submarket for $9.45 Million

By | 2017-06-02T16:24:13+00:00 June 2nd, 2017|Press Releases|

Phoenix, Ariz. (June 2, 2017) – Westwood Financial Corp., a leading owner-operator of high-quality shopping centers with a portfolio totaling over $1.5 billion throughout the U.S., has sold Tatum Plaza, a 29,460 square-foot, neighborhood shopping center in the Phoenix submarket of Cave Creek, Arizona for $9.45 million. Shadow-anchored by Fry’s Food & Drugs and nearly [...]

Westwood Restructures $1.2B In Assets Into Single Privately Held Company

By | 2017-05-31T17:06:36+00:00 September 14th, 2016|Press Releases|

New structure drives ease of investment for institutions, creates widespread operating efficiencies, and moves firm into position for powerful future LOS ANGELES, September 14, 2016— Westwood Financial Corp., a leading owner-operator of high quality shopping centers throughout the U.S., has restructured ownership of 77 of its 120 retail center holdings and its management company into [...]