The Woodmont Company
The Woodmont Company on Wednesday announced the investment sale of Grapevine Centre, an 85,421-square-foot neighborhood shopping center at 1250 William D. Tate Ave. in Grapevine.
The property was sold on Dec. 6. Terms of the deal were not disclosed.
Russel Wehsener and Bryan Dyer of The Woodmont Company represented the seller, Grapevine Beall Center, LLC. Roger Smeltzer of Vision Commercial worked on behalf of the buyer.
The property is 100% leased, according to a press release, featuring a mix of strong national and local tenants, such as Petco, Harbor Freight Tools, Joann Fabrics, Dollar Tree, and Angel’s Attic.
“Grapevine Centre exemplifies the appeal of stable, fully leased retail investments in high-growth markets like the Dallas-Fort Worth Metroplex,” said Wehsener. “Its strategic location, high-quality tenant mix, and recent property enhancements made it a standout opportunity for investors.”