6901 Lindsey Road in Little Rock
A 554,416-SF industrial building on 27.54 acres at 6901 Lindsey Road in Little Rock has been sold by Investment Grade Loans for $10.8 million.
The buyer, Eliken Property Management, was formed in 2010 and is headquartered in New York. It is a private real estate firm that owns and manages industrial properties.
Eliken’s portfolio encompasses more than 4 million SF across the Southeast; the firm says it’s looking to expand its presence in Texas and Arkansas as well as other target markets in the South.
Eli Zami, director of acquisitions, said in a news release that the building was attractive to the firm because of its access to all modes of transportation, including intermodal service directly into the building; its close proximity to major interstates; and its ability to offload ocean freight directly. Eliken is seeking a suitable tenant.
The single-story facility features about 5,616 SF of fully air-conditioned, single-story office space with conference rooms, private offices and breakroom; paved and lighted parking for 200 vehicles and more. It is located in the Port of Little Rock Industrial Park along I-440, just south of Hillary and Bill Clinton Little Rock National Airport and minutes from I-40 and I-30.
Holmes Davis, senior vice president in Binswanger’s Dallas office, handled this transaction for the seller.
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