Regions Center (Little Rock)
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Regions Center is a 30-story
skyscraper A skyscraper is a tall continuously habitable building having multiple floors. Most modern sources define skyscrapers as being at least or in height, though there is no universally accepted definition, other than being very tall high-rise bui ...
located at 400 West Capitol Avenue in downtown
Little Rock Little Rock is the List of capitals in the United States, capital and List of municipalities in Arkansas, most populous city of the U.S. state of Arkansas. The city's population was 202,591 as of the 2020 census. The six-county Central Arkan ...
,
Arkansas Arkansas ( ) is a landlocked state in the West South Central region of the Southern United States. It borders Missouri to the north, Tennessee and Mississippi to the east, Louisiana to the south, Texas to the southwest, and Oklahoma ...
. The structure was completed in 1975. tall, it was the tallest building in Arkansas when it was built, although it was later surpassed by the
Simmons Tower Simmons Bank Tower is a 40-story skyscraper located at 425 West Capitol Avenue in downtown Little Rock, Arkansas. At high, it is the tallest building in Arkansas. Construction The new tower was born out of discussions between two ascending b ...
in 1986. It is 30 stories tall, with floor space of 556,975 square feet. In 2006,
Regions Bank Regions Financial Corporation is an American bank holding company headquartered in the Regions Center in Birmingham, Alabama. The company provides retail and commercial banking, trust, stock brokerage, and mortgage services. Its banking subsi ...
sold the building to a
limited liability company A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of ...
. In 2016, the structure was reported to be at 57% occupancy, with its tenants paying a combined $5 million in rent each month. The owners of the building entered bankruptcy proceedings in 2016, and Regions Center was sold to Taconic Capital Advisors in 2022. At the time, the building was valued by the
county assessor Tax assessment, or assessment, is the job of determining the value, and sometimes determining the use, of property, usually to calculate a property tax. This is usually done by an office called the assessor or tax assessor. Governments need to ...
at $30 million and was still occupied by Regions Bank.


References

https://www.skyscrapercenter.com/building/regions-center/9498 https://www.firstofficehub.com/en-gb/office-locations/united-states/little-rock/macarthur-park/1287 Regions Financial Corporation Skyscraper office buildings in Little Rock, Arkansas Office buildings completed in 1975 {{Arkansas-struct-stub