Rockline Industries of Sheboygan, Wisconsin, a wet-wipe manufacturer, paid $2.25 million for a 50,000-SF warehouse close to its manufacturing facilities in Springdale.
Rockline, through its R Brothers LLC, bought the property from RPH LLC, led by Andrew Henson and William Henson III. The warehouse is at 1334 E. Mountain Road, and Rockline’s manufacturing facility is at 1583 E. Mountain Road.
Rockline announced in October it would invest $15 million in its Springdale plant to open a new facial wipe line for Wal-Mart Stores Inc. of Bentonville. The wipes were previously manufactured in Europe, and Rockline said it expected to add 50 jobs.
R Brothers LLC is led by Randy Rudolph, the president of Rockline Industries. Wells Fargo Bank assisted the purchase with a loan of $1.65 million.
Rockline also paid $3.07 million for two warehouses on Gray Drive, adjacent to its complex, from RCR Holdings LP, which is led by Renee Rudolph. The warehouses have 140,000 SF and cover a little more than 9 acres.
Baking in Springdale
South Coast Baking Co. of Irvine, California, paid $3.6 million for its manufacturing facility at 800 S. 40th St. in Springdale.
South Coast bought the 104,000-SF property from Rescue Heroes II LLC through a subsidiary, MCB Associates LLC. Rescue Heroes II is led by Ivan Crossland Jr. through Crossland Holding Co. of Columbus, Kansas.
South Coast, which makes frozen bakery products, started operations in Springdale in 2014. It supplies companies such as Sam’s Club, Panera Bread and Mrs. Fields.
Springdale Arbors Apartments
The Arbors Apartments in Springdale sold for $2.4 million to a Rogers investor.
Zheng Lin LLC, led by Jian Fei Lin, purchased the 72-unit, 40,170-SF complex at 604 Oak Ave. from Casa Americana LLC of Fayetteville. Casa Americana is led by President Linda Parnell, and it purchased the property for a little more than $1.5 million in 1999.
Arvest Bank of Rogers assisted the acquisition with a loan of $1.9 million.
Dentist Buys Office
A Fayetteville dentist paid $625,000 for his office at 2827 Millennium Drive.
Michael Nelson, along with his wife, Jenny, bought Millennium Dental, where Nelson is a practicing dentist, from Bill Dill III. Dill, who is also a dentist, purchased the property in 2002 for $220,000. Nelson and Dill signed an escrow agreement in 2003 for Nelson to purchase the property from Dill.
The Bank of Fayetteville assisted the purchase with a loan of $375,000.
(More from Fayetteville: College Marketplace in Fayetteville Sells For $23M.)
Glass Warehouse
Mel Collier, who owns Collier Drug in Fayetteville, sold a Fayetteville property he purchased a year ago.
Hendrix REH LLC paid $575,000 for a 1.09-acre, 12,000-SF property at 1766 N. College Ave. The property once housed Binswanger Glass, an auto-glass repair company that was operated by Binswanger Enterprises LLC of Memphis.
Collier bought the property for $550,000 in August 2015.
Hendrix REH is led by Joe Hendrix of Fayetteville. Centennial Bank of Conway assisted the purchase with a loan of $548,225.