Commercial Office Parks Sells for $1.88M


The five contiguous buildings that make up Commercial Office Park in North Little Rock and offer 40,000 SF of general office space have sold for $1.88 million.

The buyer, Two Cops and A Lot LLC, was represented by Jeff Hathaway, John Hathaway and Wes Martin of Hathaway Group. The three Hathaway Group partners and other firm clients are among the investors comprising this LLC, according to a news release. 

The garden office space, single-level, front-door entry space is 60 percent occupied. Reed Billings of Hathaway Group is handling leasing.

Daryl Peeples and Gary Smith of Flake & Kelley Commercial represented the seller. 

In addition, the 13,386-SF DHL Express office/warehouse on 0.92 acres at 7810 Industrial Drive in the North Little Rock I-440 Industrial Park has sold for $750,000.

The buyer, Five Acre LLC, led by Anthony Brooks, was represented by Jamie McLarty of Hathaway Group.

Hathaway Executive Vice President Stuart Mackey represented the seller, House Properties Inc., led by Byron House. DHL will remain as a tenant in the facility, and it is the third of five House Properties buildings in the park that Hathaway Group has sold. The other two remain on the market with Hathaway Group.