Arkansas investment firm Natural Capital has purchased three properties in Fayetteville, including the headquarters of Kimbel Mechanical Systems, as well as two additional Kimbel Mechanical Systems’ warehouses. The buildings, located just off of I-49 at 1936, 2041, and 207 N. Shiloh Drive, are a combined 285,780- SF. Kimbel Mechanical Systems will remain the tenant of all three properties.
Kimbel Mechanical Systems is a national specialty construction firm operating throughout the Heartland that performs plumbing, HVAC and electrical work on new construction for mid to large-sized single-family residential projects, as well as multi-family residential projects.
Part of Natural Capital’s investment includes a $500,000 expansion of the Kimbel headquarters building located at 1936 N. Shiloh, which started in November and is expected to be completed by April 2022.
Natural Capital is led by Managing Partner Brad Henry and partners Todd Simmons, CEO of Simmons Foods; Marshall Saviers, President of Cushman & Wakefield | Sage Partners; and Brock Gearhart, President and CEO of Greenwood Gearhart.
“We are excited to make this investment and partner with Kimbel Mechanical Systems,” said Brad Henry, managing partner. “This marks Natural Capital’s ninth investment as a firm. Investments like this are exactly why Natural Capital exists; we plan to invest in similar opportunities soon.”
The deal, which was brokered by Cushman & Wakefield | Sage Partners and financed by Simmons Bank, was finalized Nov. 16.
“Purchasing Kimbel Mechanical Systems’ headquarters and executing a long-term, sale-leaseback is a win-win for all parties involved,” said Marshall Saviers, president of Cushman & Wakefield | Sage Partners. “Combining the strength of Kimbel Mechanical Systems – as a very strong company – with the continued growth opportunities in the industrial real estate market, this is a great investment for Natural Capital.”