The 30,536-sf Woodbridge Plaza Shopping Center has been sold for $3.2 million to Henry S. Miller Cos., parent of the lead tenant.

“That’s the reason the company bought it,” Robert Grunnah, president of the investment land division for Henry S. Miller Commercial, told “That, and it’s a nice center.”

The Dallas real estate conglomerate set up a partnership to purchase the center, which houses Henry S. Miller Financial and a mix of upscale retail tenants. Miller’s financial entity occupies 4,500 sf in the 16-year-old center. The property leases for $100 per sf, according to Grunnah.The fully leased property, located in Colleyville off Grapevine Highway 328, was sold by ASG Real Estate. Grunnah and Darrell Hurmis, also with Henry S. Miller Cos., arranged the sale.

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