Real estate investment trust affiliates of New York’s Northstar Securities sold four medical office projects in Saline County.
The biggest checked in at $12 million for the 34,670-SF 3 Medical Park Drive and 64,030-SF 5 Medical Park Drive projects in Benton.
The other two sales involved the 20,820-SF project at 23157 Interstate 30 in Bryant, $4.5 million; and the 11,350-SF project at 1200 N. Main St. in Benton, nearly $1.2 million.
Buyer: Affiliates of Little Rock’s Summit Properties, led by Richard A. Williams.
• An affiliate of Cole Capital, a real estate investment trust in Phoenix, bought a 57,000-SF grocery store in Conway for $2.6 million. Seller: Harp’s Food Stores Inc. of Springdale.
• Back in Benton, a 9,628-SF manor in the Hurricane Lake Estates neighborhood sold for nearly $1.5 million.
James and Kristy George purchased the property from the Hill Family Revocable Trust, led by Ronnie Hill Jr. and his wife, Candice.
• Over in Lonoke County, 336 acres along Crooked Creek and Coburn Brake changed hands in a $1 million transaction.
Greg and Becky Crawford acquired the mix of cropland and woods from the Gartie Vandiver Coburn Family Revocable Trust. Most of the property is less than 2 miles south of the Humnoke suburb of Allport.
Seven-Digit Construction
Phelan Orthodontics $3,500,000
1801 Rahling Road, Little Rock
Contractor: Dave Grundfest Co., Little Rock
Eighth-Floor Renovation $2,201,588
Arkansas Blue Cross & Blue Shield
601 Gaines St., Little Rock
Contractor: Baldwin & Shell Construction Co., Little Rock
Exterior Renovation $1,270,000
Pleasant Hill Apartments
800 Napa Valley Drive, Little Rock
Contractor: Central GC Construction Inc., Springhill, Kansas
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