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Parkview Medical Building Changes Hands in $5M Deal

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Medical condo space in midtown Little Rock and a 140-bed nursing home in south Pulaski County were just two recent property deals exchanged in multimillion-dollar transactions.

♦ An affiliate of Physicians Realty Trust of Milwaukee bought 29,340 SF in the Parkview Medical Building at 1 St. Vincent Circle for $5 million.

Sellers: St. Vincent Infirmary Medical Center, St. Vincent Foundation and St. Vincent Community Health Services Inc.

Another affiliate of the real estate investment trust purchased 13,551 SF in the Blandford Medical Building at 5 St. Vincent Circle from St. Vincent Infirmary Medical Center and St. Vincent Foundation.

Price? More than $2.5 million.

♦ Dixon Realty LLC of Wood-Ridge, New Jersey, bought the Madison Health & Rehabilitation project at 2821 W. Dixon Road for $4 million.

Seller? Trinik Holdings LLC, led by Saeed Niksefat.

♦ Dominik and Georgia Mjartan sold six rent houses in the Cammack Woods neighborhood and two in the Heights area for more than $1.3 million.

Buyer: CSW LLC, led by Willis Smith.

♦ Nick and Sharron Linner of Escondido, California, acquired the Dollar General at 2005 Old Military Road in Jacksonville for more than $1.2 million.

Seller: Yellow Store Holdings LLC, led by Kevin Huchingson.

Meanwhile, down in Saline County …

♦ Dennis and Ann Garner acquired the 16,246-SF Ron’s Body Shop facility at 2500 Old Congo Road in Benton for $1 million.

Who sold the 2-acre development? J.D. and Lanese Grim.


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