Westwood Financial Expands Dallas-Fort Worth Presence with Acquisition of Shops at Stone Creek

80,599-square-foot retail center acquisition reiterates the firm’s long-term investment strategy across key Sunbelt markets

LOS ANGELES--(BUSINESS WIRE)--Westwood Financial, a leading retail real estate investment firm with nearly 60 years of operational and transactional expertise, has acquired Shops at Stone Creek, an 80,599-square-foot, grocery-anchored shopping center in Rockwall, Texas. The property is 100% leased and anchored by Tom Thumb, which includes an attached fuel center.

Shops at Stone Creek features a curated mix of service-oriented and food-and-beverage tenants, and its long-standing tenant relationships underscore the property’s stability and enduring consumer demand. The center’s diverse tenant mix includes CareNow, The UPS Store, Rockwall Urgent Vet, Great Clips, Subway, Alpine Dental, and ground-leased pads occupied by McDonald’s, Salad and Go, and HTeaO.

“The acquisition of Shops at Stone Creek underscores Westwood’s commitment to operational excellence, as well as the focus on expanding our presence within strategic growth markets across the Sunbelt,” said Lauren Ball, Chief Operating Officer at Westwood Financial. “This center’s strong tenancy and top-performing grocer make it a natural fit for our portfolio and long-term investment strategy.”

“Rockwall continues to experience exceptional growth, and Shops at Stone Creek is well-positioned to thrive as the market expands,” added KC Bills, Chief Executive Officer at Westwood Financial. “This acquisition strengthens our presence in the Dallas-Fort Worth area and reflects our strategy of targeting high-quality assets in thriving markets.”

With this acquisition, Westwood Financial continues to grow its portfolio of dominant, grocery-anchored retail centers in high-growth Sunbelt markets, now owning and operating over 125 shopping centers nationwide and maintaining an impressive 97% portfolio occupancy.

For more information about Westwood Financial, visit westfin.com and follow us on LinkedIn and Instagram.

About Westwood Financial

Westwood Financial owns, manages, and operates over 127 high-quality shopping centers in top U.S. metropolitan markets, including Atlanta, Charlotte, Dallas, Denver, Los Angeles, Orlando, Phoenix, and Raleigh. The portfolio is anchored by top-tier grocers and leading service-oriented and experiential operators. Established in 1970 by Howard Banchik and Steven Fogel, the company is headquartered in Los Angeles, with regional offices in Atlanta, Dallas, and Phoenix.