Clay Ramey Of Tempus Realty Partners Acquires Arkansas Office Properties For $42.1M
1936 North Shiloh Drive, 2041 North Shiloh Drive, 2075 North Shiloh Drive & 5110 Northshore Drive
$42,100,000
$125/SF
Building Size
336,242 SF
Asset Type
Office
Closing
Jul 14, 2026
About this deal
AI
Tempus Realty Partners acquired multiple properties located at 1936 North Shiloh Drive, 2041 North Shiloh Drive, 2075 North Shiloh Drive, and 5110 Northshore Drive. The total sale price was $42,100,000, covering an area of 22.5 acres with a total square footage of 336,242 square feet, representing a price per square foot of $125. The transaction took place in the Fayetteville and North Little Rock, AR markets.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $42,100,000
- Total Square Footage: 336,242 SF
- Price per Square Foot: $125
- Address: 1936 North Shiloh Drive, 2041 North Shiloh Drive, 2075 North Shiloh Drive & 5110 Northshore Drive
- Market: Fayetteville & North Little Rock, AR
- Acreage: 22.5 acres
- Buyer: Clay Ramey - Tempus Realty Partners
Tempus Realty Partners expanded its portfolio by acquiring these two Arkansas headquarters properties through the Tempus Evergreen fund. Both assets are fully leased under long-term triple-net agreements, bringing the fund's total properties to 22, with a portfolio value exceeding $330 million and net operating income of $22.8 million.
Fayetteville Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93