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Little Rock Land Eyed for FedEx Center Sold for $3.4M

1 min read

Did you know development of a 311,684-SF FedEx Corp. distribution center is officially in motion in southwest Little Rock?

The 44.38-acre site near the northwest corner of Alexander and Loop roads recently was purchased for $3.38 million.

An affiliate of Saad Development Corp. of Mobile, Alabama, acquired the pastureland from R&D Holding LLLP, led by Don Thompson.

The $24.9 million construction project is forecast to take a year and will involve a new street, Industry Parkway, which will link with Alexander Road to the south and Loop Road to the east.

You might recall that site plans indicated the project would have parking for 624 employees and room for 118 more.

An alternative site in North Little Rock was tagged as a backup if the Little Rock location hit a developmental snag.

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