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Last updated on Friday, May 20, 2016, 8:57 am

Kansas City Group Grabs Lowell Medical Building

Ownership of a 17,585-SF medical clinic in Lowell has changed hands in a $3.3 million deal. BUR AR LLC (45.48 percent), Guaranty Development Group LLC (38.75 percent) and Oasis OG LLC (15.76 percent) purchased the Lowell Medical Center building at 325 S. Sixth Place, just off Interstate 49. The buyers are all affiliates of Block Real Estate Services LLC in Kansas City, Missouri. CapRocq Core Real Estate Fund LP of Little Rock was the seller. Dewitt Smith, Kevin Huchingson, Franklin McLarty and Ted Dickey are the co-founders of the fund. Arvest Bank of Fayetteville backed the deal. Mercy Health Systems of Northwest Arkansas is the building tenant.   Commercial Site A 13.8-acre commercial site with Interstate 49 frontage in Springdale has a new owner after a $1.5 million sale. Long-Lykins... [ MORE ]

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