Crossland begins Northgate project with $5.61 Million Permit (Real Deals)

by Paul Gatling  on Friday, Dec. 21, 2012 3:04 pm  

The two-story building is expected to be ready for occupancy in September.

 

Walgreens Acquisition

A 14,729-SF building leased to Walgreens pharmacy in the Promenade Pointe area of Rogers, formerly called the Creekside development, sold for $5.36 million.

Rockola Rogers LLC of Lisle, Ill., acquired the pharmacy at 4206 New Hope Road, north of the Pinnacle Hills Promenade.

The seller was Pinnacle Pharmacy Partners LLC, managed by Tim Graham.

The 2.03-acre development was previously linked with a January 2011 mortgage worth $2.82 million held by Arvest Bank in Rogers.

The property was bought by PPP in August 2008 for $1.77 million. The seller was Pinnacle Barber Partners LLC, a partnership between Brandon Barber and Pinnacle Group investors led by Graham, Johnelle Hunt, Bill Schwyhart and Robert Thornton.

The store was built in 2009.

 

Talamore Abode

A 7,029-SF estate home in Phase V of the Talamore subdivision in Bentonville recently sold for $1.11 million.

 

 

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