Technology Drive Building Registers $11.7 Million Sale (Real Deals)

by George Waldon  on Monday, Apr. 14, 2014 12:00 am  

The 1001 Technology Drive project joined the LaFrance family’s growing portfolio of office holdings in the Little Rock market. | (Photo by Jason Burt)

JP Energy ATT purchased the property for $18.9 million 14 months ago from Arkansas Terminaling & Trading Inc., led by Greg Arnold.

Grove Mortgage

The owner of a 225-unit apartment project in west Little Rock picked up a $13.36 million financial package.

Vintage Pleasant Valley LLC of Shreveport obtained the 35-year loan from Wells Fargo Bank.

The Grove at Pleasant Ridge at 11901 Pleasant Ridge Road previously was linked with an October 2003 mortgage of $13.9 million originated by General Electric Capital Corp. of Norwalk, Conn.

The 24.3-acre development was bought for $16.1 million more than 11 years ago from Schaedle Worthington Hyde Properties Ltd. of Atlanta.



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