Sherwood Retail Project Recycled in $1.2M Sale (Real Deals)

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

The former Harvest Foods store at 4101 E. Kiehl Ave. in Sherwood. (Photo by Mauren Kennedy)

Northshore Refinance

A 21,000-SF office building in North Little Rock is secured with a $2.2 million financial package.

Northshore Building LLC, led by Gene Scott and Mike Lax, received the 15-year loan from BancorpSouth Bank.

The 2.34-acre Travel Nurse Building at 5020 Northshore Drive previously was tied to an August 2008 mortgage of $2.4 million held by Farmers Bank & Trust of Magnolia.

Northshore Building purchased the site for $475,000 in April 2008 from Pfeifer Family Ltd. No. 1, led by Gene Pfeifer.

 

 

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