NLR Warehouse Near I-30 Sold for $2.8M


NLR Warehouse Near I-30 Sold for $2.8M
Cedar Creek warehouse at 400 E. 13th St. in North Little Rock. (Google Maps)

An office-warehouse project in North Little Rock, medical office space in west Little Rock and Conway, apartments in south Little Rock and commercial property in Sherwood form this week’s five-piece of million-dollar real estate transactions.

► CC Little Rock Funding Co. LLC, an affiliate of Global Securitization Services of Melville, New York, bought the 82,474-SF Cedar Creek project at 400 E. 13th St. in North Little Rock for $2.8 million.

Seller: NL Ventures X East 13th St LLC, an affiliate of AIC Ventures of Austin, Texas.

► Ronald and Ellen Hardin sold 5,081 SF in the Medical Towers II Building at 9501 Lile Drive to Little Rock’s Baptist Health for $2 million.

► Applegate Investments LLC, led by John Dennis and Kurtis Cochran, purchased the 64-unit Berwyn Square Apartments project at 6320 Butler Road for $1.2 million.

Seller? Town Creek LLC, led by Rick Ferguson.

► The Gary H. Stanton Revocable Trust sold three medical office buildings totaling 4,700-SF at 5 & 7 Medical Lane in Conway for $1.1 million.

Buyer? CJM Properties LLC, led by Chris and Jane McNutt.

► NLA Country Club CK LLC, an affiliate of Net Lease Alliance of Nashville, Tennessee, acquired the 9,600-SF Country Club Flea Market at 118 Country Club Road and 578-SF Ray Lusk Plumbing office at 7310 North Hills Blvd. for $1 million.

The nearly 2.2-acre property was sold by Phyllis Sprague, the namesake revocable trust of Freddie Hudson and the namesake living trust of Doris Hudson.

Whispers happens to know what Net Lease Alliance plans to do at the intersection of North Hills and Country Club Road: a Circle K convenience store.