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Trio of Ridout Lumber Transactions Total $4.7 Million

1 min read

Three Ridout Lumber properties in central Arkansas and a west Little Rock office building are the building blocks for this week’s quartet of million-dollar transactions.

• An affiliate of the Store Capital real estate investment trust in Scottsdale, Arizona, bought the trio of Ridout projects from the Wayne & Robby L. Ridout Family LLLP.

The properties and transactions encompassed the 17,500-SF complex at 1215 E. Oak St. in Conway, more than $2.1 million; the 13,157-SF facility at 1435 W. Main St. in Cabot, nearly $1.6 million; and the 14,250-SF project at 21176 Interstate 30 in Benton, more than $1 million.

• Innwood Building LLC, led by Dennis Baas, sold its namesake 18,400-SF office project at 3 Innwood Circle for more than $1.5 million.

Buyer: Three Innwood LLC, led by Dennis Ford.

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