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Last updated on Thursday, April 21, 2016, 1:23 pm

This architectural rendering shows the 3,038-SSF building being developed by Thuc and Jackie Tran at 3410 S.E. J St. in Bentonville. Tran is the local franchisee for Smoothie King, which will be the building's primary tenant. Construction should be complete by early September.

Walton Entity Takes Downtown Residence For $5.3M

A 4,366-SF estate home on 8.7 acres near Bentonville’s downtown square has attracted a new ownership group following a sale worth $5.3 million. According to a deed filed April 13, STJ Holdings LLC, a Delaware corporation controlled by members of the Walton family, now owns the four-bedroom home at 210 Old Whayne Road, which sits off Northeast Second Street two blocks east of the square. Arend LLC, led by Debi Havner, was the seller. Jan Holland with Coldwell Banker Harris McHaney & Faucette in Bentonville had the listing at $7 million. Waco Title Co. of Springdale was the title agent. The two-story home was built in 1968 by a Tulsa architect for the Ferold Arend family. Arend, who died last October, was the first corporate president and chief operating officer of Wal-Mart Stores Inc.   Clear... [ MORE ]

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