Leasing buy. (Real Deals).
R&J Leasing LLC, led by Robert M. Wilson, purchased the 1.5-acre property at 1524 S. Garfield St. from The Wilson Co.
The deal is backed with a three-year loan of $410,000 from Twin City Bank of North Little Rock.
Wilson Co. acquired the property for $390,000 in August 1999 from William-Darby Co., led by William H. Darby Jr.
The Wilson Co. bought land as part of a $227,000 deal in 1998 from University Properties Inc., led by Wilson. The land was originally part of the Broadmoor North residential subdivision.
|Printer friendly Cite/link Email Feedback|
|Title Annotation:||real estate|
|Article Type:||Brief Article|
|Date:||Jan 27, 2003|
|Previous Article:||Top soil transaction. (Real Deals).|
|Next Article:||Branch expansion. (Real Deals).|
|CB Richard Ellis buys Insignia.|
|JLL acquires Staubach, while Colliers eves GVA.|
|Mosler focused on more mergers.|