A 7,594-SF eatery in Little Rock, a 47,649-SF auto complex in Jacksonville, a 67,264-SF retail project in Little Rock, a 26-unit apartment project in the Hillcrest area of Little Rock and a 6,763-SF commercial project in Greenbrier provide our gathering of multimillion-dollar real estate transactions this week.
► RL1AK LLC of New York bought the Red Lobster at 8407 W. Markham St. for $4.2 million from ARCP RL Portfolio VI LLC, an affiliate of American Realty Capital Properties Inc. of Phoenix.
► William A. Gwatney Revocable Trust sold the Gwatney Chevrolet project at 1301 T.P. White Drive for $4 million to Harold Gwatney Chevrolet Co.
► BSC University LLC, led by David Ensminger, acquired the Broadmoor Shopping Center at 2908 S. University Ave. for $3.2 million.
Seller?
Broadmoor Shopping Center LLC, led by William Kennedy III.
► The historic Halter Building in downtown Conway is under new ownership after a $2.7 million transaction.
Preferred Opportunities LLLP, led by Todd Ross, bought the refurbished 101-year-old structure at 1125 W. Oak St.
The seller is Seayco Conway Lofts LLC, led by Tom and Chris Seay. The Bentonville developers purchased the 36,284-SF building for $500,000 in 2005 and converted it into a mixed-use commercial project.
► Midtown Suites LLC, led by Lane Patterson and Matt Lane, sold Guesthouse Apartments at 5511 A St. and 115 N. Taylor St. for $1.8 million.
Buyer? Bottoms Up Real Estate Investments LLC, led by Jason Mizell.
► Winford and Joette Phillips purchased the AT&T and Anytime Fitness project at 47 S. Broadview St. for nearly $1.3 million.
Seller: ATF Greenbrier LLC, an affiliate of Searcy’s Crescent Commercial.
Seven-Digit Construction
Haven House $2,469,844
455 Country Club, Conway
Salter Construction Inc., Conway
Redeemer Community Church $2,349,351
11500 David O. Dodd Road, Little Rock
Flynco Inc., Little Rock
Murphy Group Office $1,000,000
5615 Kavanaugh Blvd., Little Rock
Jack Hartsell Construction Co., Little Rock
