A 35,000-SF building in west Little Rock tipped the scales at $4.38 million.
EAI Realty Inc., an affiliate of Education America Inc. of Heathrow, Florida, sold the former home of Remington College at 19 Remington Drive.
The buyers are Remington Partners LLC (53.7 percent) and Burlingame Investments Holdings LLC (7.1 percent), both led by Isaac Smith; Tulsa May’s LLC (33.6 percent), led by Kevin Huchingson; and Once LLC (5.6 percent), led by Mark Bentley.
The deal is financed with a seven year loan of $3.1 million from IberiaBank of Lafayette, Louisiana. The 4.6-acre location was purchased for $825,000 in December 2002 from Boen Enterprises LLC, led by Leonard Boen.
Corporate Purchase
A 21,732-SF office building in west Little Rock weighed in at $2.04 million.
Checkk Properties LLC of Texarkana, Texas, bought the Corporate One Building at 10025 W. Markham St.
The sellers are John and Karen Flake and Stephanie Kelley, $1.39 million; Kelley Commercial Realty LLC, led by Hank Kelley, $586,000; and the Flake Family Trust, $64,826.
The 1.84-acre development previously was tied to a February 2002 mortgage of $685,000 held by Delta Trust & Bank of Little Rock.
Ownership of the project shifted in a $950,000 transaction with Corporate One Partnership in February 2000.
The original investment group was composed of James Summerlin and Vernice Wright, 41.9 percent; Pat Morrison, 18.7 percent; Gary Dean, 17.5 percent; Jim May III and Lewis May, 10 percent; John Flake, 7.5 percent; and Wingfield Martin, 4.4 percent.
Charter Acquisition
The future home of an elementary and middle school in east Little Rock rang up a $1.7 million transaction. EStem Public Charter Schools Inc., led by John Bacon, acquired the 111,096-SF warehouse at 400 Shall Ave.
The seller is Central Arkansas Area Agency on Aging Inc., led by Luke Mattingly.
The agency bought the 3.7-acre development for $1.98 million in March 2003 from Walk-Winn Plastic Co., led by Tommy Walker.
Archild Buy
A 40,143-SF facility in west Little Rock changed hands in an $880,000 sale.
Archild Inc., led by Marti Dush, purchased the 7723 Col. Glenn Road project from the namesake living trusts of Atley G. Davis and Betty Davis.
The Davis family has owned the 4.02-acre property for more than 60 years.
KFC Transaction
A 2,400-SF KFC in west Little Rock drew an $839,000 transaction.
Tabbassum Mumtaz bought the 100 Markham Park Drive project from Markham Park LLC, led by Graham Smith.
The deal is funded with a seven-year loan of $587,300 from Little Rock’s Bank of the Ozarks.
The 0.68-acre development previously was linked with a May 2015 mortgage of $484,000 held by the bank.
Markham Park purchased the property for $650,000 in February 2013 from the H.C. Schmieding Produce Co. Inc. Profit Sharing Trust and Schmieding Foundation Inc.
Sologne Manor
A 6,793-SF home in the Sologne Circle neighborhood of west Little Rock’s Chenal Valley development sold for $1.03 million.
Srinivasan Ramaswamy and Roopa Ram acquired the house from Bennett and Jacqueline Lebow.
The deal is backed with a 15-year loan of $820,000 from One Bank & Trust of Little Rock.
The Lebows bought the residence for $1 million in August 2008 from Marian James.
Shady Valley Abode I
A 6,835-SF home in North Little Rock’s Shady Valley neighborhood is under new ownership after an $899,999 deal.
Jeffrey and Leslie Smith purchased the house from Gregory and Delinda Harrington.
The residence previously was tied to an August 2015 mortgage of $787,000 held by IberiaBank.
The Harringtons acquired the location for $66,000 in January 2005 from Alvin and Anne Eanes.
Shady Valley Abode II
A 6,456-SF home in North Little Rock’s Shady Valley neighborhood rang up a $660,000 sale.
The Morden Revocable Trust, led by Billy and Linda Morden, bought the house from Mike and Janet Huckabee.
The residence previously was linked with a December 2010 mortgage of $299,800 held by Primary Residential Mortgage Inc. of Salt Lake City.
The Huckabees purchased the property for $525,000 in July 2006 from Jerry and Billie Neal.
Oaks Residence
A 3,300-SF home in The Oaks neighborhood of west Little Rock’s Chenal Valley development changed hands in a $635,000 deal.
Robert and Debra Fehlman acquired the house from Rick and Jill Willey.
The deal is financed with a 15-year loan of $345,000 from Simmons Bank of Pine Bluff.
The Willeys bought the residence for $485,000 in May 2001.
The seller was Lewis Home Builders Inc., led by Jon Lewis.
Heights Home
A 2,814-SF home near the Country Club of Little Rock drew a $555,000 transaction.
KJR Holdings LLC, led by Spencer and Molly Keith, purchased the house from Steven and Rhonda Napper.
The residence previously was tied to a January 2015 mortgage of $375,000 held by First Financial Bank of El Dorado.
The Nappers acquired the location for $125,000 in January 2002 from the Norma C. Thompson Revocable Living Trust.
Miramar House
A 3,918-SF home in the Miramar Place neighborhood of west Little Rock’s Chenal Valley development sold for $525,000.
Adam and Alicia Fernandez bought the house from Michael and Adena Jenkins.
The deal is funded with a 30-year loan of $417,000 from Simmons Bank. The residence previously was linked with a May 2014 mortgage of $175,000 held by First Federal Bank of Harrison.
The Jenkins family purchased the property for $525,000 more than two years ago from Arbor Construction LLC, led by Mike Moran.
Estates Sale
A 4,182-SF home in the Maumelle Valley Estates neighborhood is under new ownership after a $517,300 deal.
Jill and Christopher Hughes acquired the house from Greg and Miranda Simmons.
The deal is backed with a 30-year loan of $413,840 and a five-year loan of $77,595 from IberiaBank. The residence previously was tied to October 2013 mortgages of $417,000 and $43,000 held by the bank.
The Simmons family bought the location for $72,000 in January 2013 from Maumelle Valley LLC, led by Gilbert Carpenter.
Hillcrest Residence
A 2,918-SF home in Little Rock’s Hillcrest neighborhood rang up a $505,000 sale.
Christopher and Madina Lawlis purchased the house from RTR Investments LLC, led by Matthew Lewis.
The deal is financed with a 10-year loan of $506,096 from Simmons Bank. The residence previously was linked with a July 2015 mortgage of $375,000 held by Malvern National Bank.
RTR acquired the property 13 months ago for $255,000 from Susanne Roberts.
Innovative Construction
Construction of a medical office building in west Little Rock is backed with a $5.1 million funding agreement.
Innovative Real Estate LLC, led by Majid Saleem, obtained the 11-year loan from Bank of America in Charlotte, North Carolina.
The limited liability company bought the 2.53-acre site at 11220 Executive Center Drive for $500,000 in January from the Arkansas Realtors Association, led by Mikki Bass.