City of Little Rock Purchases Office Building in Port Industrial Park for $2.2M

Did you know the city of Little Rock acquired a 40,438-SF office building in its Port Industrial Park for $2.2 million?

The vacant 7773 Sloane Drive project was once a call center for Sherwood’s Delta Dental Plan Of Arkansas Inc., which sold the property.

The city’s buy was made with an eye toward converting the property into a resource center to serve the industrial park’s 10,000 workers and employers. The concept originated as part of a 2014 strategic plan to upgrade the port’s amenity package.

Some might recall that the building was the headquarters of R&G Sloane Manufacturing Co., a producer of plastic fittings and pipes.

Back in 1994, R&G’s $17.5 million complex in Little Rock was recognized as the Metal Building Manufacturers Association Building of the Year on the cover of Metal Architecture.

More Million-Dollar Deals

► A Little Rock investor paid $1.35 million for a former photography studio in downtown Fayetteville.

Roberts Lee, through his Business Boy LLC, bought the former Bob’s Studio of Photography on Block Avenue in downtown Fayetteville. The late Robert Huff bought the property for $16,000 and built his studio in 1972.

Lee purchased the 2,858-SF office building from Helen Huff, the widow of Robert’s son, David.

Helen Huff and the studio briefly became national news in 2014 when Walmart Inc. of Bentonville filed a federal copyright lawsuit to obtain photographs that Robert and David Huff had taken of company founder Sam Walton and his family.

The suit was settled out of court the next year.

► MCC Self Storage LLC and Wobbe Lane LLC, both of Sallisaw, Oklahoma, paid $16.5 million for the 111,000-SF Bowman Plaza II at 12120 Col. Glenn Road and 64,304-SF Bowman Plaza I at 4700 S. Bowman Road in west Little Rock.

Who sold the adjoining industrial flex buildings? GC-Bowman Properties LLC, led by Kevin Huchingson

► Atlas Auto Auction LLC, led by Jack Lovelis, sold its 63,018-SF facility at 4600 S. University Ave. in Little Rock for $4 million.

Buyer: DAA Acquisition of Arkansas LLC of Memphis.

► The Smith Family Revocable Trust, led by Carey and Andria Smith, purchased a 7,553-SF home in the Valley Falls Estates neighborhood of west Little Rock for $1.3 million.

Seller: Joe White Jr. and his wife, Kimberly.