Three Financial Centre Sells for $12.3 Million (Real Deals)

by Arkansas Business Staff  on Monday, Jan. 20, 2014 12:00 am  

A change of ownership visited the Three Financial Centre office building at 900 S. Shackleford Road in west Little Rock. (Photo by Jason Burt)

• An investment group composed of J. Kenneth and Linda Shollmier, Myra and Charles Hyde Jr., Bob Fewell, James T. Bell, Robert Byrne Jr., David N. White and Charles Abrams IV, $1.95 million.

• James Hall, A. Dan Phillips, W. Daniel Thomas Jr. and William Humphries Jr., represented by Rector Phillips Morse’s Birch Brook Inc., $1.9 million.

McGeorge Acquisition

About 14.3 acres on the southeastern outskirts of Little Rock changed hands in a $475,000 deal.

McGeorge Contracting Co., led by Haskell Dickinson, acquired the property around 7911 Arch Street Pike. The seller is Razorback Service Inc., led by David Franklin Jewell.

Much of the land was originally assembled in three deals totaling $57,000.

The sellers included Charles Wade, $30,000 in November 1976; Linda Leonard, $15,000 in February 1997; and Green Mountain Development Inc., led by Frank Binores, $12,000 in March 1973.

Innovations Purchase

A 6,400-SF industrial facility in Sherwood rang up a $350,000 sale.

Galley Support Innovations Inc., led by Wade Radke, bought the 411 Manson Road project. The seller is Americare Early Learning Center Inc., led by Gus Barry Brady.

The deal is funded with a $612,000 loan from Centennial Bank of Conway.

The 1.96-acre site was acquired for $80,000 in August 1989 from The Crestwood Co., led by James P. Matthews.



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