Weitzman has acquired Arapaho Village, a shopping center located in the Dallas suburb of Richardson. The 101,507-square-foot property was brokered by Disney Investment Group and features a Tom Thumb supermarket as its anchor tenant. At the time of purchase, the center was 92 percent leased and WASA Properties served as the seller.
Located at W. Arapaho Road and West Shore Drive, Arapaho Village is home to various businesses including Papa John’s Pizza, Dutch Bros Coffee, WellMed, Anytime Fitness,and more in addition to its Tom Thumb anchor store which spans over 43 square feet. Recently,Tom Thumb invested in upgrades for both the interior and exterior of their space with new finishes and expanded departments.
Leading Weitzman’s acquisition efforts was Stephen R.Schmidt while David Disneyand Adam Crockettof Disney Investment Group represented WASA during negotiations.The sale marks another successful transaction for Weitzman who continues to expand their portfolio throughout Texas.
