Arkansas Business

A 30 percent stake in a west Little Rock office project tipped the scales at $2.2 million.

LRG Investments LLC, led by Rick Ferguson, bought into the 61,000-SF 11001 Executive Center Drive project, once the headquarters of Fairfield Communities Inc.

The seller of the nine-acre development, which includes undeveloped land?

Boen Enterprises LLC, led by Leonard Boen.

Multi-Million Manor

Preceding this commercial deal was a $2.2 million residential transaction involving Ferguson.

He and his wife, Patricia, sold a 8,084-SF home in their Valley Falls Estates development in west Little Rock.

The buyer? Marc MacKenzie.

Acreage Acquisition

More than 70 acres in west Little Rock added up to a $1.8 million deal.

Greg Hatcher, a Little Rock insurance exec, acquired the land on Pinnacle Valley Road.

The seller is Pinnacle View Farm LLC, led by Rush Harding III, president of the Little Rock investment firm of Crews & Associates, and his wife, Linda.