Tag: Real Deals

Joint Venture Acquires Ranch at Pinnacle Point For $41.1M

Balfour Beatty Communities of Pennsylvania and Block Multifamily Group of Missouri have joined forces to purchase the Rogers development for $41.1 million.

Missouri Investor Takes Logans Roadhouse for $2.92M

2 Combs Enterprises Inc., led by Kendall Combs, bought the Rogers location of the restaurant franchise at 530 N. 47th St.

REIT Buys Springdale Retirement Facility for $7.5M

A health care real estate investment trust based in Irvine, California, is now the owner of Homestyle Assisted Living Facility, just east of the intersection of Highways 265 and 412.

Fayetteville Hotels Sold; Fairfield Inn Converting to La Quinta

The Fairfield Inn by Marriott and the adjacent Sleep Inn, both on Millsap Road in Fayetteville, recently sold for a combined $3.72 million.

Sterling Starts Multifamily Project With $14.7M in Permits

The Indiana-based group is using permits to begin construction of the Rogers at Promenade Apartments, a gated, multifamily development on Huntington Driver in Rogers, scheduled for completion Oct. 1.

Roths Raid Residential Lots in Fayettevilles Summit Place

Co-owners of Bentonville-based Homes by Roth, brothers Randy Roth and Jeff Roth, recently purchased 58 lots in the Summit Place subdivision in Fayetteville for $2.45 million.

Walmart Assembles Neighborhood Market Land For $2.42M

The new grocery store on North Walton Boulevard in Bentonville will be built on 8.92 acres, assembled through purchases from five different property owners.

Bentonville Estate on 33 Acres Sold For $2.6 Million

The private, gated residence includes a five-bedroom, 12,000-SF home with billiards room, saltwater pool and spa, a 2.5-acre stocked pond and a greenhouse.

Bentonvilles Shamrock Suites Development Sold for $4.2M

The two-building, 40,950-SF office park was built in 2004 and appraised in 2011 for $3.08 million.

Van Buren Builder Begins Senior Living Project in Rogers

Rick Mooney Construction is using a building permit valued at $7.4 million to build the 76-unit assisted living facility.

Rogers Warehouse on West Stribling Sells for $1.9 Million

New Jersey investment group SummerStone Investments is the new owner of the 58,046-SF commercial building in Magnolia Industrial Park.

Maryland Company Pays $7M for Assisted Living Facility

Capital Health Group LLC of Baltimore bought the 3.6-acre Brookstone Assisted Living Residence at 415 E. Longview St. in Fayetteville.

Jarden Vendor Office Construction Underway in Bentonville

AK Enterprises of NWA Inc. recently bought a building permit to begin construction of a 45,000-SF office building for the consumer products company.

Red Lobster Properties Part of $1.5B Sale-Leaseback Deal

Darden Restaurants Inc. of Orlando, Florida, sold its Fayetteville and Rogers Red Lobster restaurant locations to ARCP RL Portfolio LLC of Phoenix.

California Investors Take Rogers Retail Center For $3.3M

The 17,850-SF retail center on Walnut Street, near a Walmart Supercenter, was built in 2003.

Little Rock Auto Firm Pays $3.35M For Moberly Lane Land

The company intends to build a 10-acre Landers McLarty Dodge Chrysler Jeep Ram dealership.

Bentwood Estate in Fayetteville Registers $4.2 Million Sale

The 14,700-SF estate is located in the Ridgewood addition and features a wood-paneled elevator, theater room, a 3,500-bottle wine cellar and smart home technology.

Whole Foods Site Officially Changes Hands For $4M

The 35,000-SF grocery store leased to Whole Foods is part of a planned retail center at 3535 N. College Ave.

$3.76M Mortgage Paves Way for Parkway Development

PH Retail I LLC, a Hunt Ventures holding, recently picked up a construction mortgage for an undeveloped property at the northeast corner of the roundabout on Pauline Whitaker Parkway in Rogers.

Texas Company Locks Up Another Self-Storage Purchase

The $3.17 million acquisition marks the third self-storage development purchase this year by Virtus Real Estate Capital.

Acres.com, ULI NWA establish partnership

Connections: Yellow Rocket Concepts hosts gift card fundraiser

Coon Supper, pre-event reception scheduled for Jan. 10

Saline Health System names Amy Rice as new CFO