Ft. Worth-Based Woodmont Realty Mobilizes for Dallas Office Expansion

DALLAS-Ft. Worth -based Woodmont Realty Associates is gearing up for changes in the coming year, planning a 3,500-sf expansion in its Dallas office space.

The 21-year-old company had opened the Dallas branch in fall 1999. The office at 5307 Mockingbird Lane consists of five retail and commercial brokers plus a support staff. The expansion is an outgrowth of a successful first year, says Greg Rabin, Woodmont’s senior vice president. The office, dedicated to retail real estate, had completed 79 leases in its first year, carrying a $108 million transaction value. The extra space means more brokers, says Rabin. Woodmont Realty also has brought on board a market researcher-demographer for the operation.

“The achievements of the past year represent only the beginning of our strategic plan for success,” says Stephannie Mower, president and COO of Woodmont Realty Associates and president and COO of Woodmont Property Management Co., affiliates of the Woodmont Cos.