Westwood Financial Acquires 95,416-Square-Foot Shopping Center in Huntington Beach
News related to:Westwood Financial · 1 min read
LOS ANGELES, Sept. 29, 2026 /CourierPR/ -- Westwood Financial, a leading retail real estate investment firm, has acquired Peninsula Marketplace, a 95,416-square-foot, Ralphs-anchored shopping center in Huntington Beach, California. The property, which is 99% leased, is located at Garfield Avenue and Goldenwest Street, just one mile from Downtown Huntington Beach. With more than 1.5 million annual visitors, Peninsula Marketplace features a diverse tenant mix, including Planet Fitness, Carl's Jr., Woof Gang Bakery & Grooming, Sourdough & Co., Rubio's Baja Grill, Peninsula Orthodontics, Aim Mail Center, and 602 Coffee & Acai. The neighborhood boasts a 2.5% residential vacancy rate, making it an attractive location for retail businesses.
The acquisition of Peninsula Marketplace is part of Westwood Financial's ongoing strategy to reinforce its belief in the fundamentals of Southern California's retail market.
Westwood Financial's portfolio is anchored by top-tier grocers and leading service-oriented and experiential operators. The company 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 acquisition of Peninsula Marketplace is part of Westwood's ongoing efforts to strengthen its presence in Southern California, where the company's owned portfolio is more than 99% leased at the end of the first half of 2026.
In the second quarter of 2026, Orange County led Greater Los Angeles in positive net absorption.
The acquisition of Peninsula Marketplace is a testament to Westwood Financial's commitment to investing in high-quality retail properties in Southern California. With its strong track record and deep understanding of the market, Westwood Financial is well-positioned to continue driving growth and value in the region.