Arkansas Teachers’ Retirement System, Little Rock, sold a seven-story office building in Little Rock to the state for $4.5 million. It purchased the building and six acres of surrounding land for $6 million in 1997.
The fund will retain most of the six acres, on which it plans to construct an office building and 800-car parking garage, according to Angelo Coppola, deputy director of the $6.6 billion retirement system.
