Cinema Management Group Inc. is expected to buy 10 acres of a 33-acre retail site between the NEA Baptist Health System medical campus on Highway 49 North and the Craighead County Fair Association’s new fairground location, according to Joshua Brown, an owner of Haag Brown Commercial, the Jonesboro commercial real estate brokerage handling the deal.
Brown declined to say how much the land will sell for because the deal hasn’t closed. But the entire 33 acres is listed for $4.5 million, he said.
He said the purchase is contingent on City of
A spokesperson for Cinema Management Group couldn’t be reached for comment.