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WLR Walgreens Fills $7.6M Transaction (Real Deals)Lock Icon

5 min read

A 14,828-SF Walgreens in west Little Rock tipped the scales at $7.66 million.

Monache Meadows AG of Wasco, California, purchased the 9200 N. Rodney Parham Road project from Queensgate Associates Ltd. of Gaithersburg, Maryland. The deal is financed with a 10-year loan of $3.8 million from Citizens Business Bank of Stockton, California.

The 2.12-acre development was acquired for $7.6 million in April 2008 from RPR Holdings LLC of Baytown, Texas.

Macon Acquisition

A 27,812-SF retail center in west Little Rock weighed in at $3.25 million.

Momi Holdings LLC, led by Avtar and Supreet Momi, bought the Macon Professional Market at 1500 Macon Drive.

The seller is Roach Limited Partnership No. 1, led by Gary Roach Sr.

The deal is backed with a five-year loan of $2.6 million from Armor Bank of Forrest City.

Roach purchased the 2.49-acre development in January 2006 as part of a $4.4 million deal with Arnold & Co. Inc., led by Tom and Nancy Arnold.

Retail Duo

A pair of 10,000-SF strip centers in southwest Little Rock changed hands in a $1.2 million deal.

Dashmesh Express Inc., led by Surinder Kaur, acquired the 1.01-acre development at 8414 Geyer Springs Road and the 1.2-acre development at 7212 Geyer Springs Road.

The seller is Golden Group Inc., led by Jim Im. Golden Group provided an $840,000 mortgage to fund the deal.

The properties were bought in August 2001 for $800,000 from Woodcrest Co. LLLP, led by James Matthews.

Smooth Transaction

A future Tropical Smoothie project in west Little Rock is in motion after a $1.01 million deal. DD10 Cantrell LLC, an affiliate of Little Rock’s Dyne Hospitality Group, purchased the 1.45-acre site on the west side of the Arkansas Federal Credit Union headquarters nearing completion at 5800 Ranch Drive.

The seller is Ranch Properties Inc., led by Ed Willis.

The deal is financed with a one-year loan of $808,417 from Farmers & Merchants Bank of Stuttgart.

The land was acquired in August 1984 as part of a $2.1 million land deal with Johnson Land Co., led by Glenn H. Johnson.

Landmark Buy

A 6.88-acre mobile home park development in the Landmark community of south Pulaski County rang up a $685,750 sale.

15200 Arch St MHP LLC of New Smyrna, Florida, bought the Landmark Village project from Garner & Hubbard Investments LLC, led by Ron Hubbard.

The property is helping secure a five-year loan of $1.2 million from Gateway Bank of Rison.

The location was purchased for $140,000 in October 2008 from Ray and Joven Richardson.

Greyhound Sale

A 9,044-SF bus terminal in downtown North Little Rock drew a $650,000 transaction.

The city of North Little Rock acquired the 118 E. Washington St. project from Greyhound Lines Inc. of Dallas.

Greyhound bought the 0.84-acre development for $452,000 in June 1998 from North Little Rock Transportation Co. Ltd., led by John Haley.

Hallen Court I

A 5,110-SF home in west Little Rock’s Hallen Court neighborhood tipped the scales at $1.32 million.

Nola Gamewell purchased the house from Diane Tracy. The deal is backed with a 30-year loan of $928,000 from Fairway Independent Mortgage Corp. of Carrollton, Texas.

The property was acquired for $215,000 in February 2018 from Dillon Homes & Real Estate Inc., led by Janet Dillon.

Orle Abode

A 5,621-SF home in the Orle neighborhood of west Little Rock weighed in at $1.05 million.

John and Holly Speed bought the house from Paul and Lynette Bowersock.

The property was purchased for $237,000 in July 2007 from Deltic Timber Corp. of El Dorado.

Ferndale Residence

A 3,112-SF home in the eastern suburbs of Ferndale sold for $850,000.

Gary and Theresa Long acquired the house from Thomas and Anita Starnes.

The 20.98-acre property was bought for $70,000 in January 1991 from the estate of Martha Louise Starnes.

Sezanne Court

An 8,446-SF home in west Little Rock’s Sezanne Court neighborhood is under new ownership after a $765,000 transaction.

Brent and Allison Thompson purchased the house from Syed Mazher and Sadaf Hason.

The deal is funded with a 30-year loan of $687,735 from Guaranteed Rate Inc. of Chicago.

The site was acquired for $73,000 in January 2008 from Deltic Timber Corp. of El Dorado.

Hallen Court II

A 3,298-SF home in west Little Rock’s Hallen Court neighborhood changed hands in a $722,000 deal.

The Dunn Joint Revocable Trust, led by Richard and Ellen Dunn, bought the house from Dan and Kimberly Fowler.

The Fowlers purchased the residence for $550,000 in September 2016 from Crain Family Holdings LLC, led by Larry Crain Jr.

Roland Home

A 10.6-acre residential spread in the western suburbs of the Roland community rang up a $700,000 sale.

Christina Centofante acquired the 2,120-SF house from the Trust Me Revocable Trust, led by Ashley Jensen.

The property was bought in October 2017 for $495,000 from Timothy and Melinda Johnson.

Cammack Woods

A 3,400-SF home in Cammack Village drew a $694,900 transaction. Payton and Chelsea Seelinger purchased the house in the Cammack Woods neighborhood from JPL Construction LLC, led by Patrick Dennis.

The deal is financed with a 30-year loan of $694,900 from Arvest Bank of Fayetteville.

The property was acquired in May 2020 for $189,000 from John and Steph-anie Allbritton.

Woodlands Edge

A 3,582-SF home in the Woodlands Edge neighborhood of west Little Rock sold for $625,000.

The Matthew Benton Emerson & Carolee Mary Sroka Emerson Joint Revocable Trust bought the residence from Kurt and Shari Haws.

The deal is backed with a 30-year loan of $350,000 from Bank of Little Mortgage Corp.

The Haws family purchased the site for $72,000 in January 2013 from Rocket Properties LLC, led by Ron Tyne.

Lamarche House

A 4,146-SF home in the Lamarche neighborhood of west Little Rock is under new ownership after a $610,000 sale.

Danny and LaTonia Tweedy acquired the house from James and Carol Morton.

The deal is funded with a 30-year loan of $631,960 from Eagle Bank & Trust of Little Rock.

The Mortons bought the residence for $475,000 in January 2001 from Billy Hartness Construction Co.

Country Club Heights

A 2,730-SF home in Little Rock’s Country Club Heights neighborhood changed hands in a $600,000 deal.

Jonathan Parkey and Christopher Marsh purchased the house from Chad and Meredith Causey.

The deal is financed with a 30-year loan of $480,000 from First Horizon Bank of Memphis.

The Causeys acquired the residence for $589,000 in August 2013 from Jay Brainard Jr. and his wife, Sally.

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