Another surplus Alltel property was converted to cash recently.

The 37,377-SF Simmons Building at 11101 Anderson Drive was sold for $3.17 million.

The new owner of the 2.4-acre development is 11101 Anderson Drive LLC, led by the LaFrance brothers: Stephen Jr. and Jason.

Windstream Corp., an offshoot of Alltel Corp., leases about 70 percent of the office project.