$2.9 million shopping center deal leads monthly Jonesboro transactions

by George Jared (gjared@talkbusiness.net) 149 views 

Erving Ridge Consulting & Development LLC made the most significant residential and commercial property transfer in Craighead County between Oct. 15 through Nov. 15, according to the Craighead County Assessor’s Office. Erving spent $2.9 million to buy a community shopping center on Red Wolf Boulevard. The deal was completed Oct. 18.

Halltown Farms LLC, made the second most significant real estate purchase in the region during the period. It bought the Five Guys Restaurant and retail store for $1.35 million. The deal was completed Nov. 1.

In the third largest real estate deal in the region, Bill Bristow PA Profit Sharing Trust bought 242 cropland acres in rural Craighead County. The deal was worth $1.193 and was completed Oct. 17.

The following are the other top transactions during the period in the county.

Transaction amount: $907,554
Seller: Drew Deborah A. Trust
Buyer: David Gairhan and Thomas Gairhan
Sale date: Oct. 29
Address: Rural Craighead County
Description: cropland

Transaction amount: $785,000
Seller: Robert and Brenda Stainton Living Trust
Buyer: Michael and Janet Parkey
Sale date: Oct. 25
Address: Preston Oaks
Description: house

Transaction amount: $720,000
Seller: Joe Dickens
Buyer: Graber Holdings LLC
Sale date: Oct. 15
Address: 6103 Highway 1
Description: office building

Transaction amount: $649,449
Seller: Drew Deborah A Trust
Buyer: David Gairhan
Sale date: Oct. 29
Address: N/A
Description: cropland acres

Transaction amount: $549,900
Seller: Glen & Michelle Rounsaville
Buyer: Daniel and Amber McAdoo
Sale date: Oct. 31
Address: N/A
Description: house and acres

Transaction amount: $480,000
Seller: Michael and Janet Parkey
Buyer: Brant Perkins
Sale date: Oct. 25
Address: Tower Park Estates
Description: house

Transaction amount: $435,000
Seller: Estate of Mildred Mae Mosier
Buyer: Rhodes Development Company LLC
Sale date: Oct. 22
Address: N/A
Description: house

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