Million-Dollar Deals on Buffet in Conway

by Arkansas Business Staff  on Monday, Jul. 21, 2014 12:00 am  

A trio of Faulkner County properties changed hands in seven-digit deals.

The biggest of the three at $5.25 million is St. Andrews Place.

Victoria Conway Properties LLC, an affiliate of Victoria Health Care Inc. of Van Buren, bought the 45,827-SF nursing facility at 3501 College Ave.

Seller? AMJ Properties Inc., led by Alexandrina M. Johnson.

Spirit Master Funding VI LLC, an affiliate of Spirit Realty Capital of Scottsdale, Arizona, purchased the 57,000-SF Price Cutter grocery store at 380 Harkrider St. for $1.73 million.

Seller: James Family Properties LLLP of Little Rock.

Brenrich LLC, led by Richard Barnes, acquired the 10,223-SF former Ryan’s buffet at 1400 Old Morrilton Highway (aka U.S. 64) for $1.25 million.

Who sold the 2.5-acre development? Realty Income Corp. of Escondido, Calif.



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