Joe Dykstra
Westwood Financial Acquires AZ, GA Retail Centers
In a deal totaling $66.2 million, the company bought Boardwalk at Andersen Springs in Chandler, Ariz., and Decatur Crossing in Decatur, Ga. HFF arranged the financing for both purchases.
Westwood Sells Phoenix-Area Retail Center
Tatum Plaza, a retail center shadow-anchored by Fry’s Food & Drugs, traded for $9.5 million. Westwood acquired the property in 2014 and increased the asset’s net operating income by filling the center with high-profile tenants.