Westwood Financial has recently acquired Eastway Square, a neighborhood center in Charlotte spanning 130,156 square feet. This addition joins Westwood’s impressive portfolio of top-performing grocery-anchored properties in the city, including Prosperity Village Square, Steele Creek Crossing, Steelecroft Shopping Center and The Arbors at Mallard Creek.
Eastway Square is anchored by Food Lion and also features popular tenants such as Ross, America’s Best,Papa Johns Subway,WingStop,Rainbow,Dental Works,Hibbett Sports,and Showmars. The sale was facilitated by Berkley Capital Advisors.
According to Juyuan Wei of Westwood Financial,”Grocery-anchored retail continues to thrive,and we are excited to pursue further opportunities that will strengthen our portfolio.”
With over 125 properties under management,Westwood Financial has a strong presence in the Sunbelt region. Their centers are primarily anchored by grocers and leading service and experiential-based operators.
The article “Westwood Financial Expands Charlotte Portfolio with New Retail Acquisition” was originally published on Connect CRE . It discusses how Westwood Financial recently purchased Eastway Square , a grocery-anchored neighborhood center spanning over 130k square feet located in Charlotte . This acquisition adds onto their already successful portfolio which includes other top-performing grocery-anchored properties like Prosperity Village Square , Steele Creek Crossing , Steelecroft Shopping Center ,and The Arbors at Mallard Creek .
Eastway Square boasts an anchor store – Food Lion – along with several other well-known tenants such as Ross,America’s Best,Papa Johns Subway,WingStop,Rainbow,Dental Works,Hibbett Sports,and Showmars.The sale was made possible through Berkley Capital Advisors .
Juyuan Wei from Westood Finacial stated ,”Grocery-centered retail is still thriving today.We’re eager for more opportunities that can help us expand our growing portfolio.”
As one of the leading companies in the Sunbelt region, Westwood Financial currently manages over 125 properties. Their centers are mostly anchored by grocers and other popular service and experiential-based businesses.
