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Westwood Financial sells center in Lone Tree, Colo.
Lone Tree, Col. -- Westwood Financial Corp. has sold the 34,749-sq.-ft. Heritage Hills Shopping Center in Lone Tree, Colo., as part of its efforts to strengthen its strategic investment in new Southeastern U.S. markets. The retail property, located at 9227-9231 Lincoln Ave., was in Westwood Financial’s portfolio for 11 years and sold to Carlisle Properties for $11.4 million.
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Present Value Properties names VP
Tustin, Calif. -- Real estate brokerage firm Present Value Properties said Tuesday that Britt Nelson has joined the company as VP.
Previously founder and president of NewCity Development, Nelson was responsible for site selection, acquisition, and procurement of development projects. Other responsibilities included coordination of the overall development teams and municipal relations.
Nelson will be working with existing Present Value Properties' clients including Pizza Hut and Menchie’s Frozen Yogurt franchisees.