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Pair of Fox Ridge Centers Buys Total $46.6 Million

1 min read

A pair of assisted living centers, a pair of apartments, a fast-food eatery and an office-warehouse project provide a six-pack of multimillion-dollar transactions in Pulaski County.

Affiliates of American Capital Realty of Dresher, Pennsylvania, bought two Fox Ridge assisted living centers: the 115,062-SF project at 23101 Chenal Valley Drive in west Little Rock for nearly $27.5 million and the 58,004-SF project at 17 Parkstone Circle in North Little Rock for more than $19.1 million.

Sellers: Chenal Holdings LLC and Parkstone Holdings LLC, both led by Rodney Thomason.

• Affiliates of Cleveland’s Millennia Housing Development acquired the 196-unit College Gardens Apartments at 800 Beech St. in North Little Rock for more than $7 million and the 100-unit Willow Bend Apartments at 300 Marshall Road in Jacksonville for nearly $4.3 million.

Sellers: Affiliates of Reliance Capital Partners of West Hollywood, California.

• 2565 E. Tropicana Blvd LLC of Carson City, Nevada, sold the 2,204-SF Taco Bell at 11525 Maumelle Blvd. for $1.8 million.

Buyers?

Harry Vamos of Calabasas, California, and his namesake trust.

• LETA Properties LLC, formed by Leta Keenihan, sold the 18,000-SF office-warehouse at 4601 E. 43rd St. in North Little Rock for more than $1 million. Buyer: Bx3 Real Estate Holdings LLC of Dallas.

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