Iconic EJ Ball Building Sells for $10.5M
112 W. Center Street, Fayetteville, Arkansas
Little Rock, AR (April 2, 2021) — Newmark Moses Tucker Partners (“NMTP”) is pleased to announce the $10,500,000 sale of 112 W. Center St., Fayetteville, AR, formerly known as the EJ Ball Building. The 58,000 square-foot, 7-story building represents an important repositioning of an iconic building to more closely reflect downtown Fayetteville’s dynamic Innovation District. The selling entities, Tower Square of Fayetteville, LLC & Bradford Square of Arkansas, LLC, purchased the property in 2016. NMTP, alongside Specialized Real Estate Group, were responsible for the complete renovation, which included a modernized exterior, and extensive interior & building system upgrades. In addition to the repositioning of the property, NMTP has been responsible for stabilizing the property at 100% occupancy and will continue to lease and manage the property on behalf of new ownership.
“We can’t thank our partners and investors enough for their trust and commitment in this venture. Projects like this are a true testament of our firm’s mission statement and overall impact on the community.”, said Chris Moses, President & Chief Executive Officer of Newmark Moses Tucker Partners.
“Revitalization of 112 West Center was one of the first significant projects for Moses Tucker in Fayetteville and one that aligned with our philosophy and focus on downtown urban core.”, said Greyson Skokos, Associate Director of Newmark Moses Tucker Partners.
Chris Moses and Greyson Skokos of Newmark Moses Tucker Partners represented the Seller. Britnee Stearman of The Griffin Company Commercial represented the Buyer.
For further information, please contact:
Chris Moses, President & CEO
Newmark Moses Tucker Partners