Westwood Financial Sells Olive Square

by Nate Hunter

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 AmNorth American Realty purchased Olive Square from Westwood Financial for $6.3 million.erican 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.

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