Kent and Roxanne Ferm bought this 7,445-SF estate home in Phase IV of the Pinnacle subdivision of Rogers for $1.07 million.
A two-building office park totaling 40,950 SF has a new owner after a $4.2 million sale.
Ben Butler and John Brownlee, through their August 31 Holdings LLC, bought the Shamrock Suites development at 900-902 S.E. Fifth St. in Bentonville.
A group of investors including Dan Douglas, Meredith Douglas-Boze, Tara Douglas, Judy Bell and Sue Dolezel was the seller.
First Bank in Rogers funded the deal with a three-year mortgage of $3.36 million.
City Title & Closing LLC of Fayetteville was the closing agent.
The two buildings, filled primarily with Wal-Mart Stores Inc. vendors, were built in 2004 and appraised in 2011 for $3.08 million.
The property sold in February 2005 for $5 million. Shamrock Ventures LP of Dallas, led by Marty and Jim O’Connor was the seller.
Shamrock Ventures... [ MORE ]