$2.18 Million Land Deal Launches Chenal Curve Retail Development (Real Deals)

by George Waldon  on Monday, Jun. 10, 2013 12:00 am  

An artist's rendering of the proposed Chenal Curve Shopping Center.

An industrial property in North Little Rock sold for $320,000.

7507 Counts Massie Road LLC, led by Anthony Wilson and Seth Mulhearn, acquired its namesake address from Joe Cooper Sr. and his wife, Betty.

The transaction is financed with a five-year loan of $447,500 from Metropolitan National Bank of Little Rock.

The Coopers bought the 0.86-acre property in December 1981 as part of a $70,000 deal with Emmett and Mary Oliver.

Multifamily Purchase

Ten units of apartments in North Little Rock drew a $279,000 transaction.

Michael Glaze Investments LLC purchased the 4713 and 4801 N. Hickory Ave. projects from Bevans Family Ltd., led by James Shipman.

The deal is funded with a five-year loan of $237,150 from Arvest Bank. The two 0.3-acre sites were acquired for

$7,250 each in July 1965 from Metropoli-tan Trust Co., led by Justin Matthews Jr.

Condo Development

Condo space on the 19th floor of downtown Little Rock’s River Market Tower tipped the scales at $1 million.

Hood Street Enterprises Inc., led by former Acxiom CEO Charles Morgan, bought the 1,340-SF and 2,855-SF units at 315 Rock St. The seller is River Market Tower LLC, led by Jimmy Moses and Rett Tucker.



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