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Maumelle Industrial Property Sells for $8.7M

1 min read

An industrial property at 1401 Murphy Dr. in Maumelle recently sold for $8.73 million, Colliers Arkansas announced.

The buyer of the 160,000-SF property was Gray Halligan 1 LLC.

The seller was Maumelle Warehouse LLC, represented by Nathan Monan of Colliers.

The building, constructed in 1980, last sold in 2002 for $3.6 million. Its lone tenant is Vital Records Control, a document management, storage and shredding firm.

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