Hathaway Group Brokers $10.5 Million Sale of Colonel Glenn Corporate Center
Hathaway Group brokered the $10.5 million sale of Colonel Glenn Corporate Center at 10600 and 10620 Colonel Glenn Road in Little Rock.
The property is a 123,000-square-foot office/warehouse project with multiple tenants in two buildings. Current tenants include FedEx, York, Johnson Controls and ADT.
Wes Martin, vice president of Hathaway Group, and John Hathaway, senior vice president, represented the buyers – CGCC1N2 LLC and JTD Midtowne Investments LLC. Drew Holbert with Colliers International represented the seller. Hathaway Group will now lease and manage the project. A limited amount of flex space is available for lease.
“The acquisition represents a quality asset in a good location with the type of property in high demand,” Martin said. “The flex space makes it a good long-term investment.”
About Hathaway Group
Formed in 1976 with two desks and a card table in downtown Little Rock, Hathaway Group was built upon integrity and innovation, offering superior service to commercial real estate clients throughout Arkansas. The company serves property owners, businesses and investment groups, offering a comprehensive range of services for clients buying, selling, leasing or developing commercial land or buildings. Core service areas include seller/landlord representation, buyer/tenant representation, property management and counseling/advisory. For more information, call 501-663-5400.