Patio Home Plot Leads Way in Seven-digit Transactions

Did someone say seven-digit real estate transactions? Here is a trifecta.

CJ Pace Construction LLC, led by James Pace, bought 15.6 acres near the northeast corner of Cantrell Road and Patrick Country Road for $1.7 million.

The west Little Rock property, part of the proposed Ranch West Office development, is now earmarked for patio homes. The seller: FC Grass Farms LLC, led by Ed Willis.

A 20-acre commercial tract in Maumelle tipped the scales at $1.3 million.

Medline Industries Inc. of Mundelein, Ill., purchased the land at the north end of Sharkey Drive for a planned 100,000-SF, LEED-certified distribution facility that will employ 10 to 15.

Medline, touted as the nation’s largest privately held manufacturer and distributor of medical and surgical supplies, acquired the site from Burkhalter Leasing LLC, led by John Burkhalter.

A former Wal-Mart in Jacksonville drew a $1.1 million sale.

TLBT LLC, led by Tommy Lasiter and Bruce Thalheimer, bought the 125,955-SF retail building at 612 N. J.P. Wright Loop Road from Germania Property Investors IX Ltd. of Alpharetta, Ga.