Biggest Deals of 2002 Announced transactions of more than $5 million involving Arkansas companies or projects, ranked by value (Arkansas companies in bold) Price Buyer, City Seller, City (millions) 1 Alltel Corp,, Little Rock CenturyTel Inc., Monroe, LA $1,650.0 2 Alltel Corp., Little Rock $1,500.0 3 Alltel Corp., Little Rock $1,250.0 4 Wal-Mart Stores Inc., The Seiyu Ltd., Tokyo $420.0 Bentonville 5 Mapco Express Inc., Bank Leumi USA, New York $168.0 Franklin, TN 6 J.B. Hunt Transport $132.6 Services Inc., Lowell 7 Afco Steel Inc., Little Bank of Oklahoma, Oklahoma $130.0 Rock City 8 Performance Food Group, Quality Foods Inc., Little $95.0 Richmond VA Rock 9 General Motors, Pfizer, Acxiom Corp., Little Rock $85.0 IBM, Bank of America, MasterCard, Sun Microsystems, others 10 Macerich Co., Santa Dillard's Inc., Little Rock $68.0 Monica, CA 10 Alltel Corp., Little Rock CenturyTel Inc., Monroe, LA $68.0 12 TBC Arkansas Inc., Little Transamerica Commercial $50.0 Rock Finance Corp., Hoffman Estates, IL 13 Wal-Mart Stores Inc., The Seiyu Ltd., Tokyo $46.0 Bentonville 14 McKee Foods Corp., $45.0 Collegedale, TN 15 National By-Products Harris Trust & Savings $42.0 Inc., Des Moines, IA Bank, Chicago 16 Intellimark Holdings Technisource Inc., Fort $40.0 Inc., Little Rock Lauderdale, FL 16 Immanuel Baptist Church, Simmons First National $40.0 Little Rock Bank, Pine Bluff 18 University of Arkansas, $38.0 Fayetteville 19 John Q. Hammons, $35.0 Springfield, MO 20 John Q. Hammons, Metropolitan National Bank, $32.0 Springfield, MO Little Rock 21 Faulkner Road Ventures Bank of America, Charlotte, $25.5 LLC, North Little Rock NC 22 First Security Bancorp, $23.0 Searcy; Moses Tucker Investments LLC, Little Rock; McKibbon Brothers Inc., Gainesviile, GA 23 GDLR LLC, Norfolk, VA Walnut Ridge Associates $16.4 LLC, Atlanta 24 Cliffs LP, Fayetteville $15.8 25 Boen Building II LLC, Regions Bank, Birmingham, $15.4 Boen Building III LLC, AL Bowman Plaza Phase 1 LLC, Bowman Plaza Phase II LLC, Little Rock 26 WB Pineapple RP LLC, San GMAC Commercial Mortgage $15.0 Clemente, CA Corp., Horsham, PA 27 Scholastic Distribution Warmack-Warehouse Ltd., $14.1 Services Inc., New York Texarkana, TX 28 Chenal Valley Apartments GMAC Commercial Mortgage $13.8 Ltd., Little Rock Corp., Horsham, PA 29 FRLR LLC, Norfolk, VA Walnut Ridge Associates $13.6 Inc., Atlanta 30 McSha Properties Inc., $13.2 Norman, OK 31 Market Plaza Ltd., Little American National Insurance $12.5 Rock Co., Galveston, TX 32 Central Baptist Church, $11.0 Jonesboro 32 LFC Properties LLC, Greystone Servicing Corp., $11.0 Little Rock Warrenton, VA 34 Lindsey Construction Co., $10.7 Fayetteville 35 Northwest Arkansas $10.2 Community College, Bentonville 36 South Square LLC and North Little Rock Holding $10.1 North Square LLC, North Co. LLC, West Little Rock Little Rock Holding Co. LLC, affiliates of Bond VII Delaware Business Trust, Oakbrook, IL 36 Schaedle Worthington Hyde SouthTrust Bank, $10.1 Properties Ltd., Atlanta Birmingham, AL 38 Kansas City Life WKB Value Partners Ltd., $10.0 Insurance Co, Kansas City Newport Beach, CA 39 Springdale School $9.6 District, Springdale 40 Forest Place Apartments Deutsche Bank AG, New York $9.5 Inc., Little Rock 41 Rainbow Holdings II LLC, $8.7 Rogers 41 Bank of Jonesboro $8.7 43 John Brown University, $8.5 Siloam Springs 43 Dixie Development Co., Emerson Electric, St. Louis $8.5 Fayetteville 43 Capitol City Hotel Ltd., J.P. Morgan Mortgage $8.5 Little Rock Capital Inc., Atlanta 46 Investors Realty LLC, $8.3 Fayetteville 47 Newman Family LLC, Arvest Bank, Fayetteville $8.1 Sherwood 48 Archway Broadcasting Equity Broadcasting Corp., $8.0 Group LLC, Jamestown, NY Little Rock 48 Plains All-American Murphy Oil Corp., El Dorado $8.0 Pipeline LP, Houston 48 Pocahontas Bancorp Inc., Spring River Bancshares $8.0 Jonesboro Inc., Imboden 48 WRLR LLC, Norfolk, VA Walnut Ridge Associates $8.0 Inc., Atlanta 48 Campus Crusade for Christ Bank of the Ozarks Inc., $8.0 Inc., Orlando, FL Little Rock 48 Philander Smith College, Regions Bank, Birmingham, $8.0 Little Rock AL 48 Riley's Health & Fitness Regions Bank, Birmingham, $8.0 Centers Inc., Little Rock AL 48 Pinnacle Foods Inc., $8.0 Cherry Hill, N.J. 48 University of Arkansas, $8.0 Fayetteville 57 Quebecor World, Jonesboro $7.9 58 Arkansas Spine and Joint $7.3 Hospital, Jonesboro 59 Barrington Hills Waterton Raintree LLC, $7.0 Acquisition LLC, North Chicago Kansas City, MO 60 Procon Inc., Bentonville $6.9 61 Alltel Corp., Little Rock Euronet Worldwide Inc., $6.8 Leawood, KS 62 NWA Properties LLC, North Community Bank, Cabot $6.6 Little Rock 63 Cantrell West Properties Bank of the Ozarks, Little $6.5 LLC, Little Rock Rock 63 48th Street LLC, Numar Group LLC, Springdale $6.5 Springdale 65 Dixie Management Co., ThompsonMurray, Springdale $6.1 Fayetteville 66 Beau Vue Estates LLC, Shollmier Family Ltd., $6.0 Little Rock Little Rock Buyer, City Description or commodity 1 Alltel Corp,, Little Rock Purchase of wireless operations 2 Alltel Corp., Little Rock Offering of senior notes 3 Alltel Corp., Little Rock Offering of publicly traded equity units 4 Wal-Mart Stores Inc., Exercising option to increase stake in Bentonville Japanese retail company 5 Mapco Express Inc., Funding agreement for purchase of Franklin, TN Griffen Express LCC 6 J.B. Hunt Transport Public offering of 5.1 million shares at Services Inc., Lowell $26 a share 7 Afco Steel Inc., Little Funding agreement for industrial project Rock at Little Rock 8 Performance Food Group, Purchase of private food distributor Richmond VA 9 General Motors, Pfizer, Long-term deals IBM, Bank of America, MasterCard, Sun Microsystems, others 10 Macerich Co., Santa Sale of 50 percent stake in Flatiron Monica, CA Crossing mall in Colorado 10 Alltel Corp., Little Rock Remaining wireless market not included in larger deal 12 TBC Arkansas Inc., Little Mortgage for Travis Boating Center Rock 13 Wal-Mart Stores Inc., Initial stake in Japanese retail chain Bentonville 14 McKee Foods Corp., 180,000-SF expansion of Little Debbie Collegedale, TN Snacks plant at Gentry 15 National By-Products Financial package for owners of Inc., Des Moines, IA industrial property in east Little Rock 16 Intellimark Holdings Purchase of IT staffing and services Inc., Little Rock company 16 Immanuel Baptist Church, Funding agreement for church building in Little Rock west Little Rock 18 University of Arkansas, Construction of four-building, 280,000- Fayetteville SF dormitory complex 19 John Q. Hammons, Construction of 252-room Embassy Suites Springfield, MO hotel next to Hot Springs Convention Center 20 John Q. Hammons, Loan to build Embassy Suites hotel and Springfield, MO convention center at Rogers 21 Faulkner Road Ventures Funding agreement for North Little Rock LLC, North Little Rock industrial project 22 First Security Bancorp, Construction of 14-story hotel/office/ Searcy; Moses Tucker condominium building in downtown Little Investments LLC, Little Rock Rock; McKibbon Brothers Inc., Gainesviile, GA 23 GDLR LLC, Norfolk, VA 239-unit Greenwood Forest project and 211-unit Williamsburg Square project 24 Cliffs LP, Fayetteville Expansion of The Cliffs apartment comple 25 Boen Building II LLC, Financial package for west Little Rock Boen Building III LLC, project Bowman Plaza Phase 1 LLC, Bowman Plaza Phase II LLC, Little Rock 26 WB Pineapple RP LLC, San 78-room Springhill Suites project Clemente, CA 27 Scholastic Distribution Sale of 497,200-SF warehouse at Maumelle Services Inc., New York 28 Chenal Valley Apartments Financial package for 216-unit, Ashburry Ltd., Little Rock at Chenal apartment project 29 FRLR LLC, Norfolk, VA 337-unit Foxrun project 30 McSha Properties Inc., Construction of Bentonville Commons Norman, OK apartment complex 31 Market Plaza Ltd., Little Financial package on 202,000-SF Market Rock Plaza 32 Central Baptist Church, New church construction Jonesboro 32 LFC Properties LLC, Funding agreement for 184-unit apartment Little Rock project in Little Rock 34 Lindsey Construction Co., Construction of 240-unit Shiloh Fayetteville Apartments complex 35 Northwest Arkansas Construction of three buildings totaling Community College, 97,000 SF on NWACC campus Bentonville 36 South Square LLC and Purchase of two vacant Home Quarters North Square LLC, North buildings Little Rock 36 Schaedle Worthington Hyde Financial package for 243-unit, Grove Properties Ltd., Atlanta at Pleasant Ridge project 38 Kansas City Life Purchase of 562,000-SF General Electric Insurance Co, Kansas City distribution warehouse 39 Springdale School Construction of 187,896-SF George Junior District, Springdale High in Springdale 40 Forest Place Apartments Mortgage for 256-unit apartment project Inc., Little Rock in Little Rock 41 Rainbow Holdings II LLC, Development of 225,000-SF, 14-lot Rogers commercial project at Bentonville 41 Bank of Jonesboro Construction of new main bank building 43 John Brown University, Equipment purchase and construction of Siloam Springs 38,395-SF William Bell Science Hall 43 Dixie Development Co., Purchase of 22-plus acres and 217,000- Fayetteville SF commercial building at Rogers 43 Capitol City Hotel Ltd., Mortgage on DoubleTree Hotel Little Rock 46 Investors Realty LLC, Purchase of 2.5 acres and development Fayetteville of commercial property in Fayetteville 47 Newman Family LLC, Funding agreement for Sherwood home Sherwood improvement development 48 Archway Broadcasting Purchase of radio stations KLEC-FM/KHTE- Group LLC, Jamestown, NY FM 48 Plains All-American Purchase of Butte Pine Line Co. in Pipeline LP, Houston Canada 48 Pocahontas Bancorp Inc., Purchase of Peoples Bank of Imboden Jonesboro 48 WRLR LLC, Norfolk, VA 252-unit Walnut Ridge project 48 Campus Crusade for Christ Funding agreement for office development Inc., Orlando, FL 48 Philander Smith College, Funding agreement for development of Little Rock Kendall Science & Health Mission Center 48 Riley's Health & Fitness Refinance package for three athletic/ Centers Inc., Little Rock tennis clubs 48 Pinnacle Foods Inc., Equipment purchase and 3,100-SF Cherry Hill, N.J. expansion of Fayetteville plant 48 University of Arkansas, Construction of 36,000-SF health center Fayetteville 57 Quebecor World, Jonesboro New press 58 Arkansas Spine and Joint Construction of new center Hospital, Jonesboro 59 Barrington Hills Purchase of 232-unit Barrington Hills Acquisition LLC, North Apartments in Little Rock Kansas City, MO 60 Procon Inc., Bentonville Construction of five commercial buildings at South Walton Plaza at Bentonville 61 Alltel Corp., Little Rock Purchase of EFT Network Services Inc. 62 NWA Properties LLC, North Financial package for North Little Rock Little Rock project 63 Cantrell West Properties Funding agreement for 3.4 acre office LLC, Little Rock development in Little Rock 63 48th Street LLC, Purchase of commercial acreage and site Springdale improvement in Springdale 65 Dixie Management Co., Purchase and expansion of 32,000-SF Fayetteville commercial building in Springdale 66 Beau Vue Estates LLC, Mortgage for 190 acre in west Little Little Rock Rock Buyer, City Date announced 1 Alltel Corp., Little Rock March 2 Alltel Corp., Little Rock June 3 Alltel Corp., Little Rock April 4 Wal-Mart Stores Inc., December Bentonville 5 Mapco Express Inc., October Franklin, TN 6 J.B. Hunt Transport June Services Inc., Lowell 7 Afco Steel Inc., Little October Rock 8 Performance Food Group, April Richmond VA 9 General Motors, Pfizer, November IBM, Bank of America, MasterCard, Sun Microsystems, others 10 Macerich Co., Santa December Monica, CA 10 Alltel Corp., Little Rock August 12 TBC Arkansas Inc., Little October Rock 13 Wal-Mart Stores Inc., March Bentonville 14 McKee Foods Corp., March Collegedale, TN 15 National By-Products August Inc., Des Moines, IA 16 Intellimark Holdings June Inc., Little Rock 16 Immanuel Baptist Church, June Little Rock 18 University of Arkansas, November Fayetteville 19 John Q. Hammons, March Springfield, MO 20 John Q. Hammons, February Springfield, MO 21 Faulkner Road Ventures March LLC, North Little Rock 22 First Security Bancorp, October Searcy; Moses Tucker Investments LLC, Little Rock; McKibbon Brothers Inc., Gainesviile, GA 23 GDLR LLC, Norfolk, VA December 24 Cliffs LP, Fayetteville January 25 Boen Building II LLC, November Boen Building III LLC, Bowman Plaza Phase 1 LLC, Bowman Plaza Phase II LLC, Little Rock 26 WB Pineapple RP LLC, San December Clemente, CA 27 Scholastic Distribution August Services Inc., New York 28 Chenal Valley Apartments April Ltd., Little Rock 29 FRLR LLC, Norfolk, VA December 30 McSha Properties Inc., June Norman, OK 31 Market Plaza Ltd., Little November Rock 32 Central Baptist Church, Jonesboro 32 LFC Properties LLC, June Little Rock 34 Lindsey Construction Co., January Fayetteville 35 Northwest Arkansas May Community College, Bentonville 36 South Square LLC and March North Square LLC, North Little Rock 36 Schaedle Worthington Hyde September Properties Ltd., Atlanta 38 Kansas City Life February Insurance Co, Kansas City 39 Springdale School December District, Springdale 40 Forest Place Apartments May Inc., Little Rock 41 Rainbow Holdings II LLC, September Rogers 41 Bank of Jonesboro 43 John Brown University, March Siloam Springs 43 Dixie Development Co., April Fayetteville 43 Capitol City Hotel Ltd., November Little Rock 46 Investors Realty LLC, October Fayetteville 47 Newman Family LLC, February Sherwood 48 Archway Broadcasting November Group LLC, Jamestown, NY 48 Plains All-American February Pipeline LP, Houston 48 Pocahontas Bancorp Inc., January Jonesboro 48 WRLR LLC, Norfolk, VA December 48 Campus Crusade for Christ November Inc., Orlando, FL 48 Philander Smith College, August Little Rock 48 Riley's Health & Fitness March Centers Inc., Little Rock 48 Pinnacle Foods Inc., January Cherry Hill, N.J. 48 University of Arkansas, November Fayetteville 57 Quebecor World, Jonesboro 58 Arkansas Spine and Joint Hospital, Jonesboro 59 Barrington Hills January Acquisition LLC, North Kansas City, MO 60 Procon Inc., Bentonville April 61 Alltel Corp., Little Rock January 62 NWA Properties LLC, North July Little Rock 63 Cantrell West Properties January LLC, Little Rock 63 48th Street LLC, April Springdale 65 Dixie Management Co., April Fayetteville 66 Beau Vue Estates LLC, June Little Rock
