Sage Partners Announces the Sale of Nilfisk-Alto

Jun 1, 2016

Fayetteville, AR- Sage Partners, one of the state’s leading commercial real estate firms, with offices in Fayetteville, Little Rock and Bentonville, is pleased to announce the sale of the Nilfisk-Alto campus in Springdale. Previously owned by FR Net Lease Co-Investment, the property was sold to Forth Worth Partners, LLC, for $8,585,000.

The property has a prime location, includes both office and warehouse space, and has two quality tenants, Brian Shaw said in a statement. Nilfisk-Alto has a long-term lease of the 200,541 square foot warehouse, and Tyson Foods currently leases the 32,192 square foot office building on the campus. Nilfisk-Alto is part of NKT Holding, a Danish company specializing in professional cleaning equipment, power cables, and high-tech photonic products, with nearly 9,000 employees worldwide.

Sage Partners represented the seller in the property transaction, and the buyer was represented by Jeff Pederson of Lindsey and Associates.

Related Articles

Our Promise to Practice Integrity

Our Promise to Practice Integrity

Our core values are the foundation of our company, and our team members are always working and making decisions with those values in mind. In business, professionals are often challenged by two paths: the easy way and the right way. These two paths may not always follow the same route, however, at Cushman & Wakefield […]

Read More

Sage Real Estate Solutions Team Meeting

We had a great time getting everyone together yesterday for our team meeting. It was great to have our Fayetteville, Bentonville, Rogers, and Little Rock offices all together for the afternoon! Our new office in Rogers is expected to be complete this November.

Read More

Joe Norwood & Chris Oxner Promoted to Senior Building Engineer

Sage Partners is pleased to announce the promotion of Joe Norwood and Chris Oxner to Senior Building Engineer. Joe has maintained North Pinnacle Properties for 17 years and Chris has maintained Hunt properties for twelve years. Lisa Beebe, senior property manager, knows the value of dedicated, knowledgeable team members, “Joe is dedicated to making sure […]

Read More