Hathaway Group of Little Rock on Thursday announced the $10.5 million sale of Colonel Glenn Corporate Center at 10600 and 10620 Colonel Glenn Road in Little Rock.
The property is a 123,000-SF office and warehouse facility with tenants in two buildings. Tenants include FedEx, York, Johnson Controls and ADT.
Wes Martin, vice president of Hathaway Group, and John Hathaway, senior vice president, represented the buyers, CGCC1N2 LLC and JTD Midtowne Investments LLC, in the deal. Drew Holbert of Colliers International Arkansas of Little Rock represented the seller, CG Corporate LLC.
Hathaway Group said it will now lease and manage the facility.
"The acquisition represents a quality asset in a good location with the type of property in high demand," Martin said in a news release. "The flex space makes it a good long-term investment."