LOS ANGELES, Calif. (July 23, 2018) – Westwood Financial, a leading retail investment firm has announced a key addition to its senior leadership team with the appointment of David Malayil as Executive Vice President of Leasing.

Mr. Malayil will oversee the leasing and revenue generation for more than 110 assets totaling over nine million square feet of primarily grocery-anchored retail shopping centers. He brings 15 years of leasing experience from Macerich, owner of 53 million square feet of retail shopping centers, where he served as Vice President of Leasing overseeing peripheral land and big box leasing at 32 million square feet of retail shopping centers.

Joe Dykstra, CEO of Westwood, commented, “The appointment of David Malayil as Executive Vice President of Leasing represents a very important step in the Company’s strategic plan to develop a best-in-class management team to oversee our high-quality grocery-anchored portfolio. David brings a wealth of retail experience to our firm, and we are confident that he will provide the leadership, retail expertise, and retail relationships that will allow Westwood to grow and flourish in this quickly-evolving retail environment.”

About Westwood Financial

Westwood Financial owns over 70 community shopping centers, primarily-anchored by top-tier grocers, across 26 U.S. markets including Dallas, Phoenix, Atlanta, Los Angeles, and Charlotte. Established in 1970 and transformed in 2016, Westwood Financial is headquartered in Los Angeles, with regional offices in Dallas, Atlanta, and Scottsdale. More information is available at www.westfin.com.