Parkway West Development LLC, led by Wally Allen and Robert Goff Jr., bought the one-time Gateway computer store at 12018 Chenal Parkway. The seller is InSite Little Rock LLC of Oak Brook, Ill.
Parkway West assumed an October 2007 mortgage of $2.07 million handled by JP Morgan Chase Bank of New York.
The 1.4-acre location was acquired for $837,000 ($13.75 per SF) in July 1998 from George Wells.
Wells purchased the site for $756,000 in July 1994 from Parkway West Ltd., led by John M. Graham and Christopher B. Burrow.
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|Title Annotation:||Real Deals: A Look at Important Real Estate Transactions|
|Date:||Jan 26, 2009|
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