LaLa Land Kind Cafe, a café committed to spreading kindness and serving top-quality coffee and delicious treats, is opening a new location in Phoenix’s Paradise Valley neighborhood.
Westwood Financial, a more than 50-year-old leading retail real estate investment firm based in Los Angeles, recently announced the opening of Derma Health at Camelback Village in Phoenix’s Paradise Valley neighborhood, according to a press release. In addition, LaLa Land Kind Cafe has signed a lease at the center and will open sometime in 2025. With this latest momentum, Camelback Village is now 100% leased.
Since launching a substantial multi-million dollar repositioning effort at Camelback Village in 2021, Westwood Financial has cemented the property as one of the region’s top-performing retail centers. Upgrades include an exterior refresh to provide the property with a sleek, contemporary aesthetic, such as a white facade and dark metal seam roof. New light-colored stone columns and wood trellises frame storefronts, while an enhanced courtyard and upgraded landscaping create an appealing atmosphere for guests. Notably, Westwood Financial has increased average rental rates since acquiring the property.
“Our strategic investments at Camelback Village have restored the property as a jewel of the community, beckoning visitors to stop into the myriad of retailers, restaurants, and lifestyle brands that call the center home,” Lauren Ball, chief operating officer at Westwood Financial, said in a press release. “These new tenants will further complement the vibrant roster of tenants that have collectively transformed Camelback Village from a traditional shopping center to a dynamic destination for Phoenix residents.”
With its fifth location in the Phoenix area now open at Camelback Village, Derma Health occupies three suites totaling 3,100 square feet around the courtyard. The leading Botox provider offers diverse medical aesthetic services, including laser, thread, facial lifts, hair restoration, dermal fillers, plasma pen treatment, skincare, and body contouring.
Westwood Financials’ strategic repositioning efforts attracted a new-to-market, high-end lifestyle tenant like LaLa Land Kind Cafe. Opening in 2025 in a 1,856-square-foot retail space around the center’s outdoor courtyard, LaLa Land Kind Cafe at Camelback Village will continue its mission of spreading kindness and serving top-quality coffee and delicious treats. Camelback Village will become the brand’s first Arizona location.
Notable tenants at Camelback Village include AJ’s Fine Foods, Flower Child, Steak 44, Wells Fargo, Bank of America, Laseraway, Story Essentials, Pretty Please Collective, The Body Lab, Urbana, Churchills, Wally’s American Pub + Grill and Root Bar. The property is near The Grove, a $300 million, 15-acre mixed-use development that houses the Phoenix Suns and Mercury training facility.
In Phoenix, Westwood Financial recently acquired Paradise Hills, an elevated retail center spanning 83,787 square feet. At nearly full occupancy, the property is home to 16 tenants ranging from hardware supplies and a baked artisan bread shop to essential services, including a nail salon, barber shop, and hair salon. Westwood Financial owns and manages 16 shopping centers in the Phoenix-Scottsdale MSA, including Mercado del Rancho, Legacy Village, and Village Plaza.
Westwood Financial, which will celebrate its 55th anniversary in 2025, owns and manages more than 125 properties. The firm’s portfolio is 97% occupied and has a dominant presence in the Sunbelt region.