The top 10 commercial deals in Conway totaled more than $40 million in 2021, averaging $4.08 million per deal.
The top deal was the $10 million sale of the former Kimberly-Clark plant to Westrock Coffee Co. A majority of the deals were retail, including a shopping center, automotive repair shop,
a wholesale facility and storefronts.
Two deals north of $2 million were completed for multi-family homes on Glenwood Drive and Patton Circle. View the complete list below.
| Address | Price | Type | Lender | Buyer |
|---|---|---|---|---|
| 480 Exchange Avenue | $10 million | Industrial/Warehouse | — | Westrock Beverage Co. |
| 1120 E. German Lane | $6.25 million | Retail/Wholesale | Bank of America | Scf Rc Funding lv LLC |
| 1360 Old Morrilton Highway | $4.25 million | Retail/Shopping Center | Simmons Bank | Covington Sturgis Road Complex |
| Oak Street & I-40 | $4.125 million | Retail/Retail Stores | Encore Bank | 811 Oak Investments-Conway LLC |
| 1505 Old Morrilton Highway | $3.368 million | Retail/Automotive Repair Shop | First National Bank | Fpk Realty LLC |
| 2350 Sanders Road | $3.251 million | Hospitality/Hotel | Bank of George | Om Conway LLC |
| 380 Harkrider St. | $3.01 million | Retail/Wholesale | Bank of America | Scf Rc Funding lv LLC |
| 4055 Glenwood Drive | $2.38 million | Multi-family | Bank OZK | Glenwood Townhomes Ii Property Investors LLC & Kirschen Bar |
| 11 Patton Circle | $2.116 million | Multi-family | Entrust New Direction Ira Inc. | Keith E. Lancaster |
| 2110 Harkrider St. | $2.094 million | Retail/Retail Stores | Relyance Bank | Matthew H. Smith, Colleen M. Smith |
Leave a Reply