Westwood Financial Corp. Makes Another Value-Add Retail Purchase


Torrance, CA – October 25, 2011 – (RealEstateRama) — Westwood Financial Corp., one of the largest owner-operators of shopping centers in the U.S., has purchased the 24,452-square-foot Crossroads of Tempe retail center in the Arizona town. It is the company’s latest transaction toward the company’s value-add program, to which it has earmarked $100 million in purchases.

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