JAH Realty, L.P. (“JAH”) announces the acquisition of Vineyard Marketplace, a 121,228 SF shopping center located at Glade Rd. & Hwy. 121 in Grapevine, closing on December 15, 2016. The center is anchored by Hobby Lobby, and includes other notable tenants such as Hallmark, i Fratelli’s, Fuzzy’s Taco Shop, H&R Block, and State Farm.
“Vineyard Marketplace is a good long-term investment property in a quality suburban community with a new retail tenant mix at the intersection. The submarket of Euless, Bedford, Grapevine, and Colleyville was at one time limited to Southlake Blvd., Grapevine Mills, or North East Mall for shopping, but 121 & Glade has recently evolved into a regional intersection for many retailers including new concepts entering the DFW market. Given the Hobby Lobby anchor and strong sales within the center, we anticipate positive leasing activity throughout 2017”, said Graham Irvine with JAH.
Ethan Slavin & William Rosatti with JAH will handle the leasing of the shopping center and can be reached at 214-220-2274.
JAH Realty, L.P. wholly owns, manages, and leases a shopping center portfolio of 2 million square feet in Dallas-Ft. Worth and Oklahoma City, and manages and leases another 2.1 million square foot portfolio throughout the United States on behalf of TriGate Capital, LLC (an affiliated company).