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Westwood Financial Acquires 53,079-Square-Foot Shopping Center in Chicago

Chicago — Westwood Financial has acquired Kingsbury Center in Chicago’s North and Clybourn retail corridor for an undisclosed price.

…

  • January 30, 2018
  • Published in Investment sales, News

Westwood Financial Acquires H-E-B-Anchored Shopping Center in Metro Houston

Atascocita, Texas — Los Angeles-based Westwood Financial Corp. has acquired Market at Lake Houston, a 101,791-square-foot, H-E-B-anchored retail center in the Houston suburb of Atascocita.

…

  • August 10, 2017
  • Published in Investment sales, News, Texas

Westwood Financial Receives $171 Million in Financing for 13-Property Retail Portfolio

Los Angeles — Westwood Financial, a shopping center investment firm based in Los Angeles, has received $171 million in financing in two separate loan transactions.

…

  • August 3, 2017
  • Published in Finance, News

Westwood Financial Acquires Trader Joe’s-Anchored Shopping Center in Charlotte for $25.1M

Charlotte, N.C. — Westwood Financial LLC has acquired The Arbors at Mallard Creek, a 55,323 square-foot, Trader Joe’s-anchored shopping center in Charlotte’s University City neighborhood. CBRE’s Mike Burkard and Casey Rosen represented the buyer, Los Angeles-based Westwood Financial, and the

…

  • June 26, 2017
  • Published in News

Westwood Financial Restructures $1.2 Billion in Assets into Single, Privately Held Company

Los Angeles — Los Angeles-based Westwood Financial Corp. has restructured ownership of 77 of its 120 retail center holdings and its management company to form a single, $1.2 billion retail real estate company.

…

  • September 15, 2016
  • Published in News, Operations

Westwood Financial Acquires Four Centers in Texas

Dallas — The properties were purchased for approximately $33.6 million.

…

  • November 12, 2012
  • Published in News

Westwood Buys Macon Kroger-Anchored Center

MACON, Ga. — Westwood bought and will hold the property the firm says is in an area of high residential growth.

…

  • April 30, 2012
  • Published in News

Westwood Financial Sells Olive Square

Glendale, Ariz. — North American Realty buys Phoenix-area shopping center from Westwood Financial for $6.3 million.

…

  • February 17, 2012
  • Published in News

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Industry Content

NRF: Holiday Retail Sales Rose 5.3 Percent to $936.3 Billion in 2022

 Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during 2022’s November-December holiday season rose 5.3 percent year-over-year, reaching $936.3 billion. Though the number fell short…

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Key Variable Moving Forward in Today’s Market? Motivation from Both Sides

Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment…

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Today’s Pricing Strategy is a Mix of Art, Science

There will always be a tug-of-war between retail buyers and sellers — or, really, buyers and sellers of any kind. Both parties want to achieve the best price, but that…

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City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

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Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

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Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

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The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

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NewMark Merrill: Prop Tech Solutions to Retail Challenges

Shopping center developers, owners and managers are using property technology (prop tech) to make sense of a wealth of new, retail-generated data to create an ongoing, positive experience for customers. Sandy Sigal,…

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Industry News

  • The Jaffe Cos. Receives $40 Million Refinancing for Edens Collection in Chicago
  • First Washington Realty Sells Whole Foods Market-Anchored Retail Center in Southern Arizona for $31.1 Million
  • Atlantic Capital Partners Arranges Sale of 107,597-Square-Foot Shopping Center Near Providence
  • DalMoros Fresh Pasta to Open Two South Florida Locations Totaling 1,836 Square Feet
  • SRS Opens Pacific Northwest Office in Metro Portland

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