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Westwood Financial Delivers Solid Results for Q4 and Full-Year 2025

Westwood Financial, a prominent name in necessity-based retail real estate investment, has recently unveiled its operational achievements for the three months concluding on December 30, 2025. In a year marked by resilience and strategic growth, the company demonstrated substantial progress that promises a solid foundation for future endeavors.

Highlights from Full-Year 2025

Westwood's performance in 2025 was characterized by several notable milestones:

• - Year-over-Year Growth: The company's same-store net operating income (NOI) witnessed a commendable increase of 5.9% compared to the previous year.
• - New Leasing Activity: The firm executed 89 new leases encompassing a total of 222,250 square feet and successfully renewed 160 leases amounting to 700,000 square feet. This results in a total of 249 lease transactions, covering an impressive 922,100 square feet.
• - Strategic Acquisitions and Sales: Westwood acquired three investment properties - Eastway Square in Charlotte, NC; Shops at Stone Creek in Rockwall, TX; and Glenridge Springs Retail in Sandy Springs, GA. In contrast, the company sold the Wyoming Mall located in Albuquerque, NM, showing its active role in real estate turnover.
• - Debt Management: The company undertook refinancing of mortgage loans for Boardwalk at Anderson Springs and the Shops at Walnut Creek, ensuring a more robust financial footing. Additionally, they increased their credit facility by $145 million, bringing the total to $470 million.

Fourth Quarter Highlights

The fourth quarter of 2025 continued to build on this success:

• - Leasing Accomplishments: Westwood secured 21 new leases totaling 89,600 square feet and renewed 29 leases for an additional 190,000 square feet, accumulating 279,600 square feet leased in total.
• - Occupancy Rates: The company achieved an occupancy rate of 97.4%—consistent with the same period in 2024—and an inline shop leased percent of 95.3%, marking a positive year-on-year improvement.
• - New Rent Growth: Comparable new rent spreads reached an impressive 15.8%, while renewal rent spreads were recorded at 6.7%.
• - Property Acquisition: They also acquired a property within the Westwood Property Fund, strengthening their portfolio in Sandy Springs, GA.

Reflecting on this solid performance, K.C. Bills, Westwood’s CEO, emphasized the importance of the company's history and operational expertise. “Fifty-five years of disciplined investment have cultivated Westwood into a leading company in our field. We are dedicated to seizing lucrative opportunities and enhancing our portfolio,” said Bills.

Commitment to Stakeholders

2025 marked Westwood's 55th anniversary, a significant milestone that underscores their commitment to providing stable, income-generating real estate assets to stakeholders. The firm showcased its resilience through evolving market conditions while adapting its strategies to meet both investor and tenant needs.

Lauren Ball, Chief Operating Officer, pointed out that “strong tenant relationships and disciplined leasing execution remain critical components of our portfolio’s performance.” This focus on necessity-based retail has not only fortified operating metrics but has also positioned Westwood for meaningful growth in 2026.

With a portfolio comprising over 120 high-quality shopping centers in prime U.S. metropolitan areas, including Atlanta and Los Angeles, Westwood Financial is poised for continued success. As the real estate landscape evolves, their focus on acquiring properties in demand-driven markets reflects a commitment to long-term value creation and sustained cash flow.

In conclusion, as Westwood Financial navigates through the coming year, their strategy of enhancing tenant relationships, maintaining high occupancy levels, and prudent capital allocation will be vital in solidifying their status as market leaders in retail real estate investment.