The biggest pieces are the 3.1-acre Prime Quality Feed Mill at 124 E. Fifth St. and an adjoining 0.36-acre parking lot purchased for $2.17 million from Mountaire Feeds Inc., led by Ron Cameron; and the 0.78-acre Mountaire office development at 204 E. Fourth St., bought for $900,000 from Mountaire Corp., led by Cameron.
The buyer in both deals is The Mill LLC, led by Harold Tenenbaum, John Gaudin and Paul Esterer.
Mountaire assembled the office property in two transactions totaling $358,000. The sellers were Joe and Dorothy Armbrust, $350,000 in January 1990, and Missouri Pacific Railroad Co. of Omaha, Neb., $8,000.
The feed mill and parking area were assembled as part of deals with Real Properties Inc., a Stephens Inc. affiliate, $110,000 in May 1984; and the Missouri Pacific Railroad, $84,000 in November 2000 and $17,000 in December 1946.
Additional property in downtown North Little Rock, sometimes purchased through related entities, was moved in April into the name of The Mill LLC. The transactions included deals with:
Argentco LLC, led by Harold Tenenbaum, $175,000 for 816 N. Olive St., 709 N. Olive St., 601 N. Olive St., 821 N. Olive St. and 817 N. Olive St.; Esterosto LLC, led by Paul Esterer, $82,000 for property in the 800 block of Cypress Street and the 700 block of Magnolia; and Esterosto LLC, $82,000 for 211 E. Eighth St., 816 and 822 N. Poplar St., 815 N. Olive St., and 318 S.A. Jones Drive; and Melvin Ewart, $5,000 for 902 N. Poplar St.
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|Title Annotation:||Real Deals: A Look at Important Real Estate Transactions|
|Date:||May 26, 2008|
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