A Van Buren investment group bought a 268,000-SF office-warehouse in Rogers for $4.8 million.
Breeden Robinson LLC, led by Larry Breeden, bought the facility from Superior Industries International Arkansas LLC, a subsidiary of Superior Industries of Van Nuys, California.
The facility at 1301 N. Dixieland Road was built in 1989 and includes about 229,000 SF of warehouse space and 12,000 SF of office space.
Marshall Saviers of Sage Partners in Fayetteville represented the buyer, and Holmes Davis of Binswanger represented Superior Industries.
Upchurch Electrical
The president and CEO of Upchurch Electrical Supply bought the company’s Fayetteville headquarters.
Double DMC Holdings LLC of Fayetteville, led by David McConnell, paid $2.15 million for Upchurch’s 24,704-SF office and warehouse at 2355 N. Gregg Ave.
McConnell became sole owner of the company when he was named president and CEO in 2007.
Upchurch, a wholesale supply company, was founded in 1955 and has locations in Fayetteville, Rogers and Fort Smith.
Fayetteville’s Signature Bank of Arkansas assisted the purchase with a loan of $1.72 million.
The seller was KMW Holdings LLC, led by former President and CEO Jeffery Koenig, who retired in 2007. KMW Holdings acquired ownership of the facility for a bit more than $2 million in 2005.
Fayetteville Car Wash
Speedy Splash Car Wash Arkansas LLC of Owasso, Oklahoma, paid $1.05 million for the Auto Magic Car Wash at 3274 N. College Ave.
Speedy Splash is led by Tony and Lori Fitch.
The seller was DCE Inc., led by Drew and Ella McGee of Pea Ridge. Speedy Splash also acquired an adjacent half-acre lot on North Lee Avenue.
United Bank of Springdale assisted the purchase with a loan of $1.24 million.
Adams Street Townhouses
A housing complex in Fayetteville sold for $775,000.
Fayetteville Fund LLC, led by Philip Schmidt and Jordan Jeter, who are partners at Flake & Kelley Commercial Northwest, bought Adams Street Townhomes at 601 Adams St.
The complex has seven units of more than 9,500 SF.
The seller was CRR Properties LLC of North Little Rock, led by Arby Smith.
Bear State Bank of Little Rock assisted the transaction with a loan of $610,000.
Price Cutter
Harps Food Stores Inc. of Springdale bought its Cutter Food Warehouse in Springdale.
Harps paid $1.12 million for the 48,450-SF facility at 1101 S. Thompson St. The property is a little more than 1.5 acres.
The seller was Harp, Harp & Van Hoose General Partnership, a group composed of the Reland Harp Family Testamentary Trust, the Gerald Harp Family Trust and Jerre Max Van Hoose.
The general partnership group and Harps terminated a lease agreement before the sale.
Harps Food Store
A Springdale investor acquired a 7.5-acre property that includes a Harps Grocery and the Plaza Shopping Center at 1300 N. Thompson St. in Springdale.
Almaraz SPE LLC, led by Antonio Almaraz, paid $2.65 million.
The seller was Harp’s Properties of Little Rock.
Ohio National Life Insurance Co. of Cincinnati assisted the purchase with a loan of $4.2 million.
Springdale Dunkin’ Donuts
The site of a future Dunkin’ Donuts in Springdale went for $585,650.
Hyde Park Properties I LLC, led by Jack Goehring IV and Greg Vasey, bought the 0.7-acre lot on Elm Springs Road.
Goehring and Vasey are partners in Hyde Park Ventures, which operates Dunkin’ Donuts franchises.
The lot is adjacent to the Whataburger restaurant at 4172 Elm Springs Road.
The seller was Elm Springs Center LLC, led by John and Joyce Pak.
First Fidelity Bank of Oklahoma City assisted the transaction with loans of $1.03 million and $213,750.