Investment Firm Paid $7.5M for Regions Center, More Upgrades Planned

The Regions Center, Little Rock’s second-tallest building, was recently purchased by Woodcrest Capital LLC, a Fort Worth-based real estate investment trust.

The building was auctioned by JLL, a commercial real estate company, in an online auction that ended Nov. 19. Bidding started at $5 million, and Woodcrest won it for $7.52 million. The Pulaski County assessor values the center at more than $29 million.

Effective Dec. 15, Colliers | Arkansas assumed management of the property…

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