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

Please join Us in Welcoming Our Newest Team Member, Lori Adcock-McGhee.

Lori will be director of property management, responsible for overseeing our expansion in central Arkansas. Since 1990, Adcock-McGhee has worked in commercial real estate management with a wide range of ownership structures including REITS and Tenants in Common. In 2007, she joined the global firm Jones Lang LaSalle managing Regions Bank locations across multiple states […]

Read More

New EatMyCatfish.com Restaurant Opening in Fall 2019

Sage Partners brokers a deal to bring a new dining experience to Fayetteville, AR. FAYETTEVILLE, AR (August 2, 2019)- With four EatMyCatfish.com (EMC) locations successfully operating in Central Arkansas, EMC is adding a new location in Fayetteville. EMC’s new store will be in the Joyce Plaza, located 32 W. Joyce Blvd. Fayetteville patrons will now […]

Read More

Master Planned Development in Fort Smith

A master planned development is in the works at the Arkansas Colleges of Health Education campus in Fort Smith. Seeking all commercial types Divisible to suit users needs Will consider build to suit Immediate access to I-49. ArcBest Headquarters (1,000 employees) and many large industrial users in close proximity. Extensive new infrastructure in place in the […]

Read More