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Law purchase.(Real Deals: A Look at Important Real Estate Transactions)(Brief article)
A former Hardee's restaurant in downtown North Little Rock is now a law office building after ringing up a $300,000 sale. Douglas Holdings Inc., led by Lisa Douglas, acquired the 2300 Main St. project. The seller is Ministry Center LLC, led by Michael Robinson. The transaction is financed with a two-year loan of $300,000 from First Arkansas Bank & Trust of Jacksonville. Ministry Center purchased the 1-acre property for $255,000 in December 2004 from U.S. Bank of Minneapolis.
COPYRIGHT 2009 Journal Publishing,
Inc. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2009 Gale, Cengage Learning. All rights reserved. Gale Group is a Thomson Corporation Company. NOTE: All illustrations and photos have been removed from this article. |
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