Category: all-News

Westwood Acquires Caliber Collision for Hilgard Fund

Today, Westwood Financial announced the addition of Caliber Collision to its Hilgard STNL Fund. The property is located at 10754 Chapman Hwy in Seymour, TN. Caliber Collision is the nation’s largest collision repair company with over 1,500 locations across the US. The 16,500 SF building sits on a 2.12 acre parcel and is strategically positioned… Read more »

Westwood Financial Announces First Investment Offering with CrowdStreet

Westwood Financial, a leading retail real estate investment firm, announced today its first investment offering with CrowdStreet, the nation’s largest online private equity real estate investing platform. Village at Peachtree Corners, a 100% leased grocery anchored neighborhood shopping center in Atlanta, is being listed on CrowdStreet’s Marketplace. “We are excited to partner with CrowdStreet on… Read more »

Westwood Financial Announces Second Quarter 2022 Results

Westwood Financial, a leading retail real estate investment firm, announced updates today on its financial and operational results for the three months ended June 30, 2022, which included: Same-Store 2022 vs 2021 GAAP Revenue and NOI were up +5.5% and +6.3%, respectively Executed 24 new leases totaling 62,000 square feet and 45 renewals totaling 110,000… Read more »

Westwood’s Hilgard STNL Fund Acquires Second Starbucks Location

Today, Westwood Financial announced another addition to its Hilgard STNL Fund with the acquisition of a Starbucks in Roanoke Rapids, NC. The 1,948 sf store is located at 298 Premier Blvd in Roanoke Rapids and ranks in the top 96% of traffic data for Starbucks stores nationally according to Placer Ai. Situated on an outparcel… Read more »

HILGARD™ STNL Fund Adds Two New Assets

Westwood Financial’s Hilgard STNL Fund, launched last July has acquired two new assets. A Dollar General in Wilson, NC and a Sherwin-Williams in Pigeon Forge, TN. The two properties bring the total asset count for the Fund to 15. Four additional assets are under contract and expected to close later this year. The 9,100 SF… Read more »

Westwood Financial Announces First Quarter 2022 Results

LOS ANGELES, CA – Westwood Financial, a leading retail real estate investment firm, announced updates today on its financial and operational results for the three months ended March 31, 2022, which included: Same-Store 2022 vs 2021 GAAP Revenue and NOI was up +4.4% and +5.9%, respectively Executed 27 new leases totaling 85,000 square feet and… Read more »

Westwood Announces Full Year 2021 Results

LOS ANGELES, CA – Westwood Financial, a leading retail real estate investment firm, announced updates today on its financial and operational results for the twelve months ended December 31, 2021, which included: Same-Store 2021 vs 2020 GAAP Revenue and NOI was +4.8% and +2.9%, respectively Executed 79 new leases totaling 165,000 square feet in full… Read more »

O’Reilly Auto Parts Acquired for Hilgard STNL Fund

Westwood Financial announced today, the acquisition of an O’Reilly Auto Parts in Jacksonville, Florida. The asset is another addition to the company’s Hilgard STNL Fund. The 7,500 SF property is located on the hard corner of a signalized intersection across the street from Publix, 20 minutes southwest of downtown Jacksonville. O’Reilly operates 261 stores in… Read more »

Westwood to Manage New Shadow Anchored Kroger Marketplace in Dallas

Westwood will manage and lease Lake Forest Marketplace, a prominent grocery-anchored center located in McKinney, Texas, one of the fastest growing suburbs in the Dallas/Fort Worth MSA. The asset consists of two buildings totaling 37,500 square feet of leasable space which is shadow anchored by a 123,000 square foot high-volume Kroger Marketplace. Built in 2018,… Read more »

Westwood Adds Another Publix Anchored Center to its Southeast Portfolio

Westwood Financial announced today the acquisition of Tobesofkee Crossing in Macon, Georgia. The newly constructed shopping center opened in 2020 and is anchored by a 48,387 square foot Publix Super Market. Westwood also owns and operates Wesleyan Station, an 88,326 square foot center, just 5 miles northeast next to Wesleyan College. The 67,887 square foot… Read more »