Glendale, Ariz. — North American Realty buys Phoenix-area shopping center from Westwood Financial for $6.3 million.
Glendale, Ariz. — Westwood Financial Corporation has sold Olive Square, an 86,225-square-foot grocery-anchored retail center in Glendale, to North American Realty Acquisition Corporation for $6.3 million.
Olive Square is currently 92 percent leased with tenants like Fry’s Food & Drug, Lesle’s Pool, Swizzle Sticks and Ollie’s Omelet House. The center was built in 1974 and remodeled in 2007.
Westwood was represented by Lee & Associates’ Jan Fincham and Patrick Dempsey.