Posted 8/20/2012 12:00 am
Updated 1 year ago
Last year then-new Acxiom Corp. CEO Scott Howe said he was astounded at the price tags on the various condominiums in downtown Little Rock.
Evidently, he's over it - or maybe the prices have improved. Before Acxiom's annual shareholders' meeting last week, Howe mentioned he'd taken up residence at First Security Tower, just a block away from the company's headquarters.
It's so close, in fact, that Howe told us that he could see from his condo's window that he had accidentally left his work computer on one evening.
Of course, he was quick to add, that meant about a hundred Acxiom employees have full view of their boss' living space.
Normally we don't report on residential deals below the $500,000 threshold, but we'll make an exception for the CEO of a publicly traded company. (After all, we're all about public company executives and their money this week.)
Howe paid $410,000 for the 1,786-SF condo on the 12th floor back in March. The previous owners (Youmin Wu and Hong Zhu) paid $575,000 for the space in December 2004.