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Leasing buy. (Real Deals).

Related entities were on both sides of a $410,000 deal in Little Rock.

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.
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Title Annotation:real estate
Author:Waldon, George
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1U7AR
Date:Jan 27, 2003
Words:108
Previous Article:Top soil transaction. (Real Deals).
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