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Westwood Financial Corp. Acquires Publix at Thornblade Shopping Center in Greenville, South Carolina.
07/01/08
Greenville, SC – Westwood Financial Corp. has acquired Publix at Thornblade, a 66,235 square foot neighborhood shopping center anchored by a Publix Supermarket. Publix at Thornblade is located on the northwest corner of The Parkway and Batesville Road and is surrounded by some of South Carolina’s highest income demographics. Tenants complimenting Publix include Monterrey Mexican Restaurant, Paradise Sun Tanning, Pak Mail Centers, Hair Cuttery, Callahan’s Wine & Liqours, Fastframe, and Bubbles and Biscuits. The property was purchased from EJ Plesko & Associates and Anthony Blanco and Mike Burkard of CB Richard Ellis represented the seller.
“We are very excited to expand our portfolio in the Southeast,” said Joe Dykstra, Executive Vice President of Westwood Financial Corp. “Publix at Thornblade is a premier shopping center in the Greenville submarket and is located amongst some of South Carolina’s most prestigious neighborhoods.”
Publix at Thornblade is consistent with Westwood Financial Corp’s. business plan of acquiring core, unique real estate assets with irreplaceable locations. Westwood Financial Corp. has acquired over 30 properties in the last 3 years in Florida, Georgia, Texas, 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 90 neighborhood, community and specialty retail shopping centers covering 22 major markets in 12 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
Scott Henard, Vice President – Acquisitions
972-998-7373
shenard@westfin.com
www.westfin.com
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