A 38,000-SF office-warehouse facility in southwest Little Rock weighed in at $2.2 million.
Woodmont Mabelvale LLC of New York bought the B&B Solutions project at 11600 Otter Creek Road from BNBS Properties LLC, led by Jerry Spears.
The deal is financed with a five-year loan of $2 million from Merchants & Planters Bank of Newport.
The 2.22-acre development previously was linked with a June 2008 mortgage of $1.5 million held by IberiaBank of Lafayette, Louisiana.
The project was purchased for $1.7 million more than nine years ago from Shackleford Business Center LLC, led by James Dunlap.
Automotive Dirt
Undeveloped auto land in west Little Rock tipped the scales at $1.79 million.
LL Ark Properties LLC, an affiliate of Luther Automotive Group of St. Louis Park, Minnesota, acquired a 3.4-acre parcel near the southwest corner of Bowman Plaza Drive and Col. Glenn Plaza Loop.
The seller is Colonel Glenn Development Co., led by Robert Vogel.
The land is part of a 110-acre tract that was bought for $3.8 million in January 1998 from Little Rock’s St. Vincent Infirmary Medical Center.
Starbucks Sale
A 1,748-SF coffeehouse in west Little Rock changed hands in a $1.27 million deal.
Rodneyparham9401 LLC of Deerfield Beach, Florida, purchased the Starbucks at 9401 Rodney Parham Road from Eagle Summit Properties LLC of Jacksonville, Florida.
The deal is funded with a $956,250 loan from Miami’s City National Bank of Florida.
The 0.46-acre development previously was tied to an August 2010 mortgage of $400,000 held by Florida Bank of Tampa.
Eagle Summit acquired the location for $906,000 more than seven years ago from Excel Rodney Parham LLC, led by Clay McDaniel.
Saltgrass Site
A Saltgrass Steak House project is in motion after a $1.15 million deal in Sherwood.
National Retail Properties Ltd. of Orlando, Florida, bought the 1.4-acre site near the southwest corner of Warden Road and Wildwood Avenue.
The seller is Sherwood Forest LLC, an affiliate of Blackburn Properties of San Antonio.
The land was purchased in November 2004 as part of a $2.8 million deal. The sellers were David and Rose Wells; Claude Wells Jr. and his wife, Sally; and Stephen Wells.
Med Office Purchase
A 3,065-SF medical office building in Jacksonville is under new ownership after a $475,000 transaction.
Jacksonville Medical Center Inc., led by Gary Fletcher, acquired the Jacksonville Physical Therapy building at 208 John Harden Drive.
The seller is the Robbie L. Walker Irrevocable Trust.
The 0.57-acre site was bought for $33,000 in 1986 from Rebsamen Regional Medical Center, led by W.A. Brown.
Church Transaction
A 5,148-SF church in Jacksonville sold for $400,000.
Everlasting Life Worship Center purchased the 10027 Highway 161S facility from Light of the World Church of the Living God Inc. The seller financed the entire transaction.
The 4.4-acre site was acquired for $41,000 in November 2002 from Valentine Corp., led by William Thompson.
Office-Warehouse Buy
A 5,195-SF office-warehouse project in North Little Rock drew a $170,000 transaction.
National Property Holdings LLC, led by Michael Love, and Twin City Property Holdings LLC, led by Jason Woody, bought the 6709 Wayne Drive project.
The seller is C. Woody Plumbing Co. Inc., led by Charles and Larry Woody.
The 0.59-acre property was assembled in two deals with Murvin and Ruth Creasy, $2,000 in July 1971; and First National Bank of Little Rock, an undisclosed sum in August 1969.
Cammack Abode I
A 3,649-SF home in Cammack Village rang up a $750,000 sale.
The Rebecca Robnett Sandoval Revocable Trust acquired the house from Dominik and Georgia Mjartan.
The deal is backed with a 15-year loan of $750,000 from Bank of America in Charlotte, North Carolina.
The Mjartans bought the residence for $405,000 in April 2010 from Paul Zander II.
Robinwood House
A 6,204-SF home in Little Rock’s Robinwood neighborhood changed hands in a $675,000 deal.
Jeffrey Thessing purchased the house from the Thomas Steele Russell Revocable Trust.
The deal is financed with a 10-year loan of $686,240 from Simmons Bank of Pine Bluff. The residence previously was linked with a May 2010 mortgage of $332,600 held by IberiaBank.
The property was acquired for $480,000 in December 2006 from Charles and Leslie Williams.
Prospect Residence
A 2,749-SF home in Little Rock’s Prospect Terrace neighborhood is under new ownership after a $632,900 transaction.
William Edwards Jr. and his wife, Cynthia, bought the house from the William T. Coker Revocable Trust.
The residence previously was tied to an August 2012 mortgage of $383,000 held by Quicken Loans Inc. of Detroit.
The property was purchased for $630,000 in December 2007 from Nancy Williams.
Maisons Home
A 5,004-SF home in The Maisons neighborhood of west Little Rock’s Chenal Valley development sold for $588,000.
Curtis and Cynthia Winar acquired the house from Benjamin and Sarah Katon. The deal is funded with a 30-year loan of $423,000 from Franklin American Mortgage Co. of Franklin, Tennessee.
The residence previously was linked with an April 2016 mortgage of $417,000 held by Simmons Bank.
The Katons bought the property for $585,000 19 months ago from Rebecca Gwatney.
Cammack Abode II
A 3,484-SF home in Cammack Village drew a $580,000 transaction.
Zachary and Anna Lewis purchased the house from Aaron Christie.
The deal is backed with a one-year loan of $424,100 from Riverside Bank of Sparkman.
The residence previously was tied to a May 2013 mortgage of $408,000 held by Bank of Little Rock Mortgage Corp.
Christie acquired the property for $256,000 in October 2012 from Paul Zander II.
Valley Creek House
A 7,638-SF home in North Little Rock’s Valley Creek neighborhood rang up a $550,000 sale.
Jonathan Kennon bought the house from Bank of New York Mellon Trust Co., trustee of a portfolio of mortgage-backed securities.
The deal is financed with a 30-year loan of $424,000 from IberiaBank. The residence previously was linked with a March 2007 mortgage of $910,000 originated by U.S. Mortgage & Investments Inc. of North Little Rock.
The property was forfeited in lieu of foreclosure by John and Tara Scallion in October 2015.
Waterview Abode
A 3,136-SF home Waterview Meadows neighborhood near Natural Steps sold for $520,000.
William Henry Jr. purchased the house from Stephen Sanders. The deal is funded with a 30-year loan of $416,000 from Arvest Bank of Fayetteville.
The residence previously was tied to a July 2012 mortgage of $275,000 held by Bank of Little Rock Mortgage.
Sanders acquired the property for $475,000 from WVM Construction LLC, led by Bill Parkinson III.
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