What's Happening?
Colliers | Arkansas has facilitated the sale of a 427,198-square-foot industrial facility located at 600 Dave Ward Drive in Conway. The transaction, which closed on July 23, 2026, was valued at $12,525,000. The seller, DW WH CONWAY, LLC, was represented
by Colliers, while the buyer, John S. Foggy Trust, was represented by Robert Ellis Leasing and Investment, Inc. The property is fully leased to DBG under a long-term absolute net lease. This sale is part of a broader investment strategy following the acquisition of the campus in December 2024.
Why It's Important?
The sale of the Conway industrial property underscores the strong demand for high-quality industrial investments in Arkansas, particularly those with long-term leases and established tenants. This transaction highlights the attractiveness of industrial real estate as a stable investment option, providing dependable income and positioning investors in growing markets like Conway. The deal also reflects broader trends in the real estate market, where investors are increasingly seeking opportunities in industrial properties due to their resilience and potential for long-term growth.
