Westwood Taps Acquisitions SVP After $1.5B Restructuring
- Jul 14, 2017
Westwood Financial has appointed Stuart Brackenridge as senior vice president of acquisitions. In his new role, Brackenridge will oversee the expansion of the company’s retail portfolio and spearhead strategic acquisitions in top metropolitan markets throughout the nation. The appointment follows the company’s recent restructuring of 77 of its 120 retail center holdings and its management company into a single, $1.5 billion retail real estate company, which will streamline investments and operations and position the firm for rapid growth.
“Our recent consolidation of over 280 partnerships into a single $1.5 billion entity provides us with a well-capitalized structure that will enable us to compete in this evolving retail landscape,” said Co-CEO Joe Dykstra in prepared remarks.
25-year track record
Brackenridge brings over 25 years of real estate investment expertise, specifically in grocery-anchored shopping centers. Prior to Westwood, Brackenridge served in acquisitions and development roles at Regency Centers for 20 years, where he was responsible for sourcing, underwriting and closing core grocery-anchored retail centers across the country. He will divide his time between Westwood’s Dallas and Los Angeles offices, but will be based in Dallas.
Brackenridge holds a bachelor’s degree in management from the University of North Texas and holds an MBA in real estate from Texas A&M University.
Image courtesy of Westwood Financial