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Promenade at Chenal Property Purchased for $4 Million

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A retail project in west Little Rock, commercial property in Sherwood, a parking lot in downtown Little Rock and two homes provide our five piece of multimillion-dollar transactions.

• Beefam LLC and Bonerts MV LLC of Santa Ana, California, purchased a 7,457-SF retail project at 17701 Chenal Parkway that’s home to Pei Wei and Mattress Firm for $4 million.

Seller: An affiliate of Thompson Thrift Development Inc. of Terre Haute, Indiana.

• Terraforma LLC and 5620 Warden Road LLC, both led by Doug Meyer and David Bruning, sold the 2.9-acre 4Wheel Parts development at 5620 Warden Road and the 2.34-acre Carhop development at 5600 Warden Road.

Bayird Properties LLC, led by Keith and Amy Bayird, paid $2.4 million for the Sherwood properties.

• Scion Investments LLC, led by Reed Lynch, bought the parking lot on the east side of Broadway between Third and Fourth streets for $2.1 million.

Seller? 301 South Broadway LLC, led by the S. Gene Cauley Irrevocable Trust.

• Craig and Elizabeth Campbell sold a 4,996-SF home in the Palisade Estates neighborhood of Cammack Village for $1.9 million.

Buyer: Palisades Park LLC, led by Lambert Marshall Jr.

• RAL Revocable Trust, led by Marilyn Rene Nauman, acquired a 7,099-SF home in the Sologne Circle neighborhood of west Little Rock for $1.2 million.

Seller: Lowell Steven Jumper & Sheila Dianne Jumper Revocable Trust.


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