Baptist Health Expected To Buy Leisure Arts Property in West Little Rock

by Arkansas Business Staff  on Monday, Apr. 8, 2013 12:00 am  

Leisure Arts, 5701 Ranch Drive in west Little Rock.

Have you heard about a big real estate transaction in the works for west Little Rock?

We understand Baptist Health has reached an agreement in principle to buy the 26.7-acre Leisure Arts development at 5701 Ranch Road.

The property includes a 71,762-SF office building and a 175,305-SF distribution center.

No word yet on the proposed purchase price.

At last check, the project carried a $17.2 million list price.

Baptist intends to relocate and expand its operations at 11900 Col. Glenn Road in west Little Rock. The 121,000-SF Baptist Health Schools Little Rock facility hosts 1,000 staffers and students during peak times.

The 16.5-acre campus also is home to Baptist support services, including home health, information technology and call center operations.

 

 

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