Retail Specialist Joseph Hoye Joins Westwood Financial Corp

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Torrance, CA – January 10, 2012 – (RealEstateRama) — Westwood Financial Corp., one of the largest owner-operators of shopping centers in the U.S., announced the addition of Joseph R. Hoye to its Arizona office. Hoye, who comes in as the Leasing Director for Arizona properties, will have a portfolio of shopping centers in excess of 1 million square feet.

“Mr. Hoye brings an excellent reputation and work ethic,” said Kenneth Loughran, Senior Vice President of Los Angeles-based WFC. “His presence will not only help us bolster our Southwest presence in 2012, but will provide a shift toward more local representation in the leasing of our properties.”

During his tenure as an associate with Cushman & Wakefield Arizona, Hoye accounted for more than 100 lease transactions as both a landlord and tenant broker rep and was a member of the firm’s Future Leaders Group.

Hoye is a member of the International Organization of Shopping Centers (ICSC) as well as ICSC NextGen.

About Westwood Financial Corp.:
Westwood Financial Corp., is one of the largest privately held owner-operators of retail properties in the U.S., with a track record spanning 40 years. Based in Los Angeles with satellite offices in Atlanta, Dallas and Scottsdale, Ariz., the firm currently has a portfolio consisting of more than 100 shopping centers and retail properties in 24 metropolitan markets. Founded in 1970 by Steven Fogel and Howard Banchik, the firm has evolved into a fully integrated real estate company that acquires, leases, and manages its real estate portfolio. The firm implements an acquisition strategy that focuses primarily on mature neighborhood, grocery anchored shopping centers with portfolio holdings in Arizona, California, Colorado, Florida, Georgia, Illinois, Kansas, Nebraska, Nevada, New York, North Carolina, South Carolina, Texas, and Washington. For more information, please visit www.westfin.com.

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