HMS Pays $15.1M for Port Property


HMS Pays $15.1M for Port Property

Industrial property in east Little Rock, convenience stores in west Little Rock and North Little Rock, duplexes in Faulkner County, a west Little Rock office building, two Little Rock homes and a Maumelle apartment project form this week’s conga line of million-dollar real estate transactions.

► HMS Manufacturing Co. of Troy, Michigan, bought the former General Electric Distribution facility at 6901 Lindsey Road in the Little Rock Port Industrial Park for $15.1 million.

The 557,950-SF industrial building will house injection molding operations for the company’s lines of houseware products.

Sellers: 7240 Partnership LLC and Beckett Road Partners LLC, affiliates of Eliken Property Management of New York.

► 10200 Rodney Parham LLC and 700 East Broadway LLC, both led by Edward Bailey, sold Circle K projects in west Little Rock for nearly $3.8 million and in North Little Rock for $3 million.

Buyers? Rodney Parham CK LLC and Broadway CK LLC, both led by Chris Moses.

► Dixon Properties LLC, led by Keith Dixon, purchased 15 duplexes nearly 6 miles east of Conway at the southeast corner of Sunny Gap Road and Fiegel Loop for $2.2 million.

Seller? Keathley Investment Properties LLC, led by Blake Keithley.

► Russ McDonough III and his wife, Kimberly, sold their 5,995-SF home near the Country Club of Little Rock to Stanley and Catherine Payne for $1.6 million.

► 8924 Kanis MOB LLC, led by Brock Martin, acquired a 13,656-SF office building at 8924 Kanis Road in west Little Rock from Arkadelphia’s Southern Bancorp Bank for $1.5 million.

► Pine Forest Apartments LLC, led by Jason Bolden, sold its namesake 28-unit complex at 301 Pine Forest Drive in Maumelle for nearly $1.5 million.

Buyer: JRJ Building LLC, led by Jeffrey Aclin, Ryan Aclin and Jarod Puckett.

► The David Brogdon Living Trust bought a 6,645-SF house in west Little Rock’s gated Beau Vue Estates neighborhood from Mark McMurry for more than $1.3 million.


Seven-Digit Construction

Doctors Building Parking Renovation     $2,000,000 
500 S. University Ave., Little Rock
VCC LLC, Little Rock

USAble Life First Floor Renovation     $1,500,000 
320 W. Capitol Ave., Little Rock
Baldwin & Shell Construction Co., Little Rock