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The deal was financed with $9.1 million in debt from Bear Sterns
Arkansas BusinessA vacant cookie factory in downtown North Little Rock, Ark., will be replaced by a 260-unit apartment complex. Bomasada Group Inc. of Houston will begin demolishing the former Jackson Cookie Co. facility this month, with construction expected to follow ...
Arkansas BusinessRiverrock LLC has bought the 2.5-acre Riverview Apartments development at 810 North St. in downtown Little Rock, Ark., for nearly $5 million. Now dubbed Riverrock Apartments, the 73-unit complex is 100 percent leased. The project was in the throes ...
March 15, 2005 ArkansasBusiness.comPinnacle Group Inc and General Growth Properties broke ground on the Pinnacle Promenade, a 980,000-square-foot, 106-acre retail center in Rogers, Ark. A 155,000-sf two-level Dillard's story will serve as the mall's anchor. In addition, the developers have ...
March 2, 2005 Arkansas Business.comTower Investments LLC, a Woodland, Calif., company, has acquired three Little Rock, Ark., buildings and has plans to redevelop them. The three buildings, the Lafayette, Arkansas and M.M. Cohn buildings, sit along 6th Street in downtown ...
March 1, 2005 Arkansas Business.comThe Marriott Courtyard in downtown Little Rock, Ark., has sold for $9 million. McGibbon Hotel Group of Gainesville, Ga., bought the property, which comprises the first six floors of the First Security Center at 521 President ...
February 23, 2005 Arkansas Business.comInland Western Retail Real Estate Trust has paid $11 million for a 149,704-square-foot building in Jonesboro, Ark., that is occupied by Wal-Mart Stores Inc. Belz-Burrow RidgePark LP of Memphis, Tenn., was the seller. Belz-Burrow had leased ...
February 3, 2005 Arkansasbusiness.comIBAC Corp. of New York has agreed to buy a controlling interest in The Royal Arkansas Hotel & Suites Inc. in Pine Bluff, Ark. The property is jointly owned by Turner Hughes Corp. and International Hotel Management. ...
January 28, 2005 Arkansasbusiness.comA new $300 million mixed-use project is going up in Rogers, Ark. Centre Pointe at Pleasant Grove, an 184-acre shopping center off Pleasant Grove Road, will have 350,000 square feet of retail space, 70,000 sf of commercial ...
October 7, 2004 Arkansas BusinessSaks Inc. of Birmingham, Ala., will open a 120,000-square-foot Parisian department store in the new Pleasant Ridge Town Center in west Little Rock. The center, being developed by Schickel Development, is near the southeast corner of ...
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