Arkansas Urology Properties Sold for $32M


Arkansas Urology Properties Sold for $32M
Arkansas Urology at 1300 Centerview Drive in Little Rock

► MMAC HT II Little Rock AR LLC, an affiliate of Montecito Medical Real Estate in Nashville, Tennessee, bought two Arkansas Urology projects in tandem deals totaling $32 million.

Freeway Park Properties LLC, led by Tim Langford, sold the 37,917-SF facility at 1300 Centerview Drive in west Little Rock for more than $25.7 million and the 15,922-SF facility at 4200 Stockton Drive in North Little Rock for more than $6.2 million.

► Village HC5 LLC, an affiliate of Haley Communities in Omaha, Nebraska, purchased the 102-unit Village Apartments at 867 Fendley Drive in Conway for nearly $5.4 million.

Seller: CM Properties of Conway LLC, an affiliate of Fort Smith’s Trinity Multifamily.

► WhiskeyPapa Ventures LLC, an investment vehicle for Little Rock’s Rockefeller family, bought a 31,506-SF office-warehouse in Little Rock’s East Village neighborhood for more than $1.7 million.

Seller? HK Value LLC, led by Bryan Hosto and Hank Kelley.

What are the plans for the former home of Ace Glass at 405 Shall Ave.? For now, undetermined.

Dairy Queen Days

Our Blizzard-Dilly Bar correspondent reports that a Dairy Queen is on the way to the northwest corner of Cantrell Road and The Divide Parkway in west Little Rock.

The location’s proximity to the Little Rock Christian Academy campus is neither mere coincidence nor random chance.


Seven-Digit Construction

Peaks At Little Rock
72 Apartments      $3,000,000
19 Dover Drive, Little Rock
Ridge Construction LLC, North Little Rock

Arkansas Children’s Hospital
Main Entry Garden Phase 2      $1,247,000
1 Children’s Way, Little Rock
Nabholz Construction Corp., Conway

10,000-SF Building
Site Work & Retail Space      $2,890,000
19524 Cantrell Road, Little Rock
VCC LLC, Little Rock