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Rogers-based 7 Brew Espresso is planning to open its second location in Little Rock on the web site of a former Areas Financial institution department that lately bought for $1.35 million.
Flake & Co. of Little Rock introduced the deal in a information launch.
Thomas Schmidt, a developer with the true property agency, bought the property at 8023 Cantrell Street by TWCS Properties LLC.
The vendor was Business Realty LLC of Little Rock, which acquired the 0.89-acre web site for $1 million in Could from Bennett Holdings LLC.
Residents Financial institution of Batseville financed the deal. EPA Demolition & Development Providers LLC of Little Rock has been chosen to assemble the brand new constructing, based on the discharge.
7 Brew has greater than 30 places in 9 states. The corporate’s first location in Little Rock is about to open at 11100 N. Rodney Parham Street, the previous web site of Shorty Small’s restaurant, in January.
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