BENTONVILLE, Ark. (TB&P) — As it begins the years-long task of building a new corporate campus in Bentonville, Walmart Inc. continues to make arrangements for temporary office space for hundreds of employees.
The company’s newest destination is the corner of 28th and J streets in Bentonville. Walmart spokeswoman Anne Hatfield said the retailer is planning to relocate a few hundred employees to two existing office buildings owned by Crossland Realty Group, a privately owned real estate investment firm based in Kansas and a division of Crossland Construction.
Mattie Crossland, the director of real estate for Crossland Realty Group, said Walmart will occupy all of an approximately 88,000-square-foot building built last year. The company will also lease roughly 30,000 square feet of a 130,000-square-foot building built in 2017.
“We are presently under construction on the interiors [buildouts] of those spaces,” Crossland said.
Hatfield said Walmart is developing a parking lot next to the two office buildings to accommodate its employees. That land — approximately 7.5 acres — changed hands twice in the past three months. Walmart assembled the property in two separate deals for a combined $2.39 million in June.
On Aug. 1, the company sold the property for $2.42 million to an LLC owned by Crossland Realty.
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