Pleasant Valley Plaza Rings Up $2.2M Sale (Real Deals)

by George Waldon  on Monday, Oct. 21, 2013 12:00 am  

Pleasant Valley Plaza.  (Photo by Jason Burt)

Million-Dollar Construction

Radiology & Orthopedic Clinics Expansion    $10 million
Arkansas Children’s Hospital
1 Children’s Way, Little Rock
Nabholz Construction Corp., Conway

28 Units     $3.5 million
The Villas at Northwood Creek
8910 Northwood Creek Drive, North Little Rock
Harco Constructors Inc., North Little Rock

New Headliner Shop    $1,683,554
Dassault Aircraft
3801 E. 10th St., Little Rock
D&N Construction LLC, Vilonia

Day Care Deal

An 11,248-SF day care project in Jacksonville is under new ownership after a $650,000 deal.

Robert and Shelly Tallon purchased My First School Day Care at 1701 S. Highway 161 from SMS Holdings LLC, led by Maggie and Jeffrey Martin.

The transaction is funded with a three-year loan of $425,000 from Little Rock’s Bank of the Ozarks.

The 1.57-acre development previously was linked with an October 2010 mortgage of $384,934 held by the bank. SMS bought the location for $106,000 in October 2004 from J.T. Rose and his Prime Investments.

Pruned Branch

A 1,584-SF bank branch in southwest Little Rock drew a $250,000 transaction.

Arkansas Real Estate Holdings LLC, led by Michael Fritz, acquired the 8500 Geyer Springs Road project from Simmons First National Bank of Pine Bluff.

The deal is financed with a 10-year loan of $264,000 from Eagle Bank & Trust of Little Rock.

Simmons purchased the 0.57-acre development in October 2005 from Bank of Little Rock.



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