IFP Realty LLC, an affiliate of International Fire Protection Inc. of Madison, Alabama, has purchased a 10,550-SF warehouse on 1.47 acres in North Little Rock for $850,000.
Coldwell Banker Commercial Hathaway Group, which represented the buyer, announced Thursday that IFP would soon be relocating from 9631 Rowlett Lane in North Little Rock to this property at 7031 Dewafelbakker Lane.
Snyder Environmental of Little Rock is the current tenant, according to real estate records.
IFP has 10 other locations in six states; this will be its only office in Arkansas.
The seller was Thousand Peaks Ventures LLC, led by Joe Carter Jr. Todd Rice, Justin Bentley and Ted Dickey of Colliers International represented Thousand Peaks Ventures.
John Hathaway and Reed Billings of CBC Hathaway Group represented the buyer. Billings said in a news release, “This will be a great new location for IFP. We are pleased to see our client move up in terms of visibility and quality for their central Arkansas location. They will now be able to continue their growth in an owned facility, and we have already secured a tenant for the balance of the building.”
Law Office Purchased
Brent J. Eubanks and Michelle Banks Odom of the Humphries Odum & Eubanks law firm have purchased a 2,280-SF office at 1901 Broadway St. and an adjoining apartment at 415 W. 19th St. in Little Rock for $247,000.
Eubanks said the firm has two locations, in White Hall and in Cleburne County, but one of the partners who worked at the White Hall location also had a home office in Little Rock.
“We had an opportunity to purchase a space up here, and so we moved our White Hall office to the Little Rock area,” he said.
The seller was Albert T. Hurst Jr., trustee of the Albert T. Hurst Jr. Living Trust, and Connie R. Hurst, trustee of the Connie R. Hurst Living Trust.
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