State: Arkansas - AR

Phoenix Business Journal Lincoln Property Co. has been selected to develop the final phase of the 3.2 million-square-foot Papago Park Center mixed-use development in Tempe, Ariz. Plans for the phase call for seven office buildings totaling 1.8 million square feet. ...

A venture led by Security Properties has paid Lone Star Funds $30 million, or about $77,320/unit, for Sonora Canyon, a 388-unit apartment complex in Mesa, Ariz. Security, of Seattle, previously had purchased the property, originally known as University Green, in ...

JPMorgan Chase Bank has provided a $20.73 million mortgage against the MidTowne Shopping Center at 201 University Ave. in Little Rock, Ark. An affiliate of Inland Real Estate Income Trust Inc. had purchased the 126,288-square-foot property in April for $41.45 ...

Inland Real Estate Income Trust Inc. has agreed to pay $41.45 million, or about $328/sf, for the 126,288-square-foot MidTowne Shopping Center in Little Rock, Ark. The property, at 201 University Ave., is 95.6 percent leased to 22 tenants and anchored ...

Commercial Real Estate Direct Staff Report The Disney Investment Group represented the Strode Property Co. of Dallas in its recent $23.4 million, or $336.84/sf, sale of Park Avenue, a 69,381-square-foot shopping center in Little Rock, Ark., to Inland Real Estate ...

Phoenix Business Journal Continuum, a 152-acre portion of the former Motorola campus in Chandler, Ariz., has been sold for $51.75 million. Southwest Value Partners of San Diego purchased the property, with plans to redevelop it into an office and technology ...

Maxus Realty Trust Inc., a Kansas City, Mo., REIT, has paid $44.1 million, or about $82,000/unit, for the 540-unit Foothills Apartments in Little Rock, Ark. The price included the assumption of $29.63 million of debt insured by the United States ...

Inland Real Estate Income Trust Inc. has agreed to pay $28.1 million, or about $406/sf, for the 69,307-square-foot Park Avenue Shopping Center at the corner of West Markham Street and South University Avenue in Little Rock, Ark. The property is ...

Inland American Communities Group Inc. has paid $42 million, or about $64,220/bed, for the Domain at Fayetteville at the University of Arkansas in Fayetteville, Ark. The 654-bed property, which was recently completed, is 100 percent pre-leased for the 2013-14 school ...