Value of Top Commercial Deals Slips 17 Percent

by George Waldon  on Monday, Mar. 11, 2013 12:00 am  

This year’s top 30 commercial real estate transactions in Pulaski County carry a total value of more than $151 million.

That represents a 17 percent drop compared with last year’s total of more than $183 million.

The 2012 crop of deals is spread across a broad spectrum of commercial categories.

Download the list of Pulaski County's largest commercial real esate deals.
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Retail-related properties accounted for the most items with eight.

The biggest of the bunch at $16 million encompassed seven Crackerbox convenience stores purchased by Valero.

Health care-related properties followed closely, contributing six deals.

The largest was the sale of Little Rock Healthcare & Rehabilitation, a 174-bed nursing home project.

Industrial projects and apartments each registered four projects.

Forest Place Apartments in Little Rock topped the list for all commercial deals. The 256-unit complex sold for $17.6 million to Maxis Properties Inc. of North Kansas City, Mo.

Nine transactions that nearly made the 2012 list of Largest Pulaski County Commercial Real Estate Deals included a mix of retail, land and office properties:

• North Little Rock’s Crestwood Professional Building. The 33,972-SF office project at 2501 Crestwood Road was purchased for $1.78 million.

 

 

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