Zaxby's Combo Deal Rings Up $2.4 Million (Real Deals)

by George Waldon  on Monday, May. 20, 2013 12:00 am  

The Zaxby’s at 208 Brookswood Road in Sherwood  sold for $1.3 million, part of tandem transactions that included a Jacksonville restaurant. (Photo by Jason Burt)

The properties previously were tied to a July 2012 mortgage of $3.9 million held by BMO Harris Bank of St. Louis.

The bank sold the properties 10 months ago to Oakcliff in a transaction valued at $1.1 million.

Pyramid Funding

A 17,100-SF office-warehouse project in west Little Rock was used to secure a $2.33 million mortgage.

Robert M. Goff & Associates, led by Wally Allen, received the loan from Delta Trust & Bank.

The 1.45-acre Pyramid Park Business Center development at 11300 Financial Centre Parkway previously was linked with an April 2007 loan of $2.36 million from Twin City Bank of North Little Rock.

The property was purchased for $2.72 million in April 2001 from Boen Enterprises LLC, led by Leonard Boen.



Please read our comments policy before commenting.