Tempus Realty Partners Announces $42 Million in Arkansas Acquisitions for Tempus Evergreen Fund

Rhea-AI Summary

Tempus Realty Partners announced two Arkansas property acquisitions totaling approximately $42.1 million for its perpetual-life vehicle, Tempus Evergreen. The deals cover five buildings with 336,242 square feet across about 22.5 acres in North Little Rock and Fayetteville.

The North Little Rock asset is the corporate headquarters of Onterris (NYSE: ONT), fully leased on a long-term triple-net basis through December 2045. The Fayetteville campus houses Kimbel Mechanical Systems, fully leased under a long-term triple-net lease through June 2038. Both properties have built-in annual rent escalations.

According to Tempus, these additions increase the Evergreen portfolio from 17 to 22 properties, raise net operating income to $22.8 million, extend the weighted average lease term to more than 12 years, and push total fund value above $330 million. Since its July 2022 inception, Tempus Evergreen has delivered an 11.1% life-to-date annualized return and a 1.44x multiple of invested capital.

Positive

• $42.1 million in Arkansas headquarters acquisitions for Tempus Evergreen
• Portfolio expanded from 17 to 22 properties with these deals
• Net operating income increased to $22.8 million
• Weighted average lease term extended to more than 12 years
• Total fund value now exceeds $330 million
• Evergreen fund has delivered 11.1% annualized return and 1.44x MOIC since July 2022

Negative

• None.

Market reaction after Arkansas property acquisitions: ONT +3.00% in the Jul 14 session

+3.00%

+3.00% Session close to close

In the Jul 14 session, ONT gained 3.00%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Set against recent net insider buying of 36,535 shares and prior positive reactions to contract and ...

Analysis

Set against recent net insider buying of 36,535 shares and prior positive reactions to contract and research announcements, this real estate-focused update adds another long-dated commitment linked to Onterris’ headquarters. With short interest characterized as low, positioning appears relatively stable; investors may watch whether future contracts or earnings disclosures change that balance.

Key Figures

Acquisition value: $42.1 million Portfolio properties: 17 to 22 properties Net operating income: $22.8 million +5 more

8 metrics

Acquisition value $42.1 million Two Arkansas properties acquired for Tempus Evergreen

Portfolio properties 17 to 22 properties Tempus Evergreen portfolio size after acquisitions

Net operating income $22.8 million Tempus Evergreen NOI after acquisitions

Fund value $330 million Tempus Evergreen total fund value surpassing this level

Square footage 336,242 square feet Five buildings across North Little Rock and Fayetteville

Land size 22.5 acres Total land area of the acquired properties

Annualized return 11.1% Tempus Evergreen life-to-date annualized return since July 2022

MOIC 1.44x Tempus Evergreen multiple of invested capital since inception

Historical Context

4 past events · Latest: Jun 29 (Positive)

Pattern 4 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 29	Contract award	Positive	+1.9%	Won multi-year Australian environmental services contract worth about A$6 million.
Jun 08	Strategic partnership	Positive	-2.8%	Joined Greentown Labs as a top-tier Terawatt Partner supporting climatetech startups.
May 26	Conference attendance	Neutral	-4.4%	Announced participation in William Blair 46th Annual Growth Stock Conference.
May 05	Research report	Positive	+3.5%	Released inaugural research report linking environmental performance to business success.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news tied to concrete business wins or thought-leadership has more often seen the stock move in the same direction as the news tone, with partnership items showing less consistent alignment.

Key Terms

triple-net lease, net operating income, multiple of invested capital

3 terms

triple-net lease financial

"fully leased under a long-term triple-net (NNN) lease through December 2045"

A triple-net lease is a rental agreement where the tenant pays the base rent plus the property's operating expenses—typically taxes, insurance, and maintenance—so the landlord receives mostly a steady, predictable cash payment. For investors, it matters because it can act like a low-maintenance, bond-like income stream with clearer expense exposure, but returns depend on the tenant’s financial strength and long-term ability to cover those extra costs.

net operating income financial

"increase net operating income to $22.8 million, extend our weighted average lease term"

Net operating income is the profit a business makes from its core operations after subtracting the costs directly related to running those operations, but before accounting for taxes, interest, or other expenses. It shows how efficiently a company is generating income from its main activities. Investors use this figure to assess the company's operational performance and profitability.

multiple of invested capital financial

"delivered an 11.1% life-to-date annualized return and a 1.44x multiple of invested capital"

Multiple of invested capital is a simple ratio that shows how many dollars an investor has now (or expects to get) for each dollar they put in. Think of it as counting how many slices of pie you receive compared with the slice you paid for; it's a quick measure of total return and helps investors compare how much value an investment produced without accounting for how long that value took to appear.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LITTLE ROCK, Ark., July 14, 2026 /PRNewswire/ -- Tempus Realty Partners, an Arkansas-based real estate investment firm, announced the acquisition of two properties totaling approximately $42.1 million for its perpetual-life investment vehicle, Tempus Evergreen. The acquisitions include five buildings spanning 336,242 square feet across roughly 22.5 acres in North Little Rock and Fayetteville, Arkansas. 

The North Little Rock property is the corporate headquarters of Onterris, Inc. (NYSE: ONT), a publicly traded environmental solutions provider, fully leased under a long-term triple-net (NNN) lease through December 2045. The Fayetteville property is the headquarters campus of Kimbel Mechanical Systems, a national mechanical contractor, fully leased under a long-term NNN lease through June 2038. Both properties feature built-in annual rent escalations. 

"These acquisitions are a meaningful step forward for Evergreen and our investors," said Clay Ramey, partner of capital markets at Tempus. "Together, they grow the portfolio from 17 to 22 properties, increase net operating income to $22.8 million, extend our weighted average lease term to more than 12 years and push total fund value past $330 million. Both are Arkansas-headquartered companies, which reinforces the depth of opportunity we continue to find in our home market and across the Heartland." 

Since its inception in July 2022, Tempus Evergreen has delivered an 11.1% life-to-date annualized return and a 1.44x multiple of invested capital, marking a strong milestone in Tempus' 10^th anniversary year. 

ABOUT TEMPUS REALTY PARTNERS

Tempus Realty Partners is an investor-centric real estate investment partnership focused on acquiring and developing commercial real estate mainly in the South and Midwest. The strategy of Tempus is to create superior risk-adjusted returns via unique commercial real estate opportunities by investing with its network of partners in targeted cities. Tempus has acquired more than $1.2 billion of property in 26 states since forming in 2016. 

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SOURCE Tempus Realty

FAQ

What did Tempus Realty Partners announce for Tempus Evergreen on July 14, 2026?

Tempus Realty Partners announced two Arkansas property acquisitions totaling about $42.1 million for Tempus Evergreen. According to Tempus, the deals add five buildings, expand the portfolio to 22 properties, and lift total fund value to more than $330 million.

How do the new acquisitions impact Tempus Evergreen’s income and lease profile?

The acquisitions increase Tempus Evergreen’s net operating income to $22.8 million and extend its weighted average lease term beyond 12 years. According to Tempus, both properties are fully leased under long-term triple-net structures with built-in annual rent escalations.

How is Onterris (NYSE: ONT) involved in Tempus Realty Partners’ latest transaction?

Onterris (NYSE: ONT) is the tenant at the North Little Rock property, its corporate headquarters, acquired by Tempus Evergreen. According to Tempus, Onterris occupies the site under a long-term triple-net lease running through December 2045 with annual rent escalations.

What is the lease term for the Kimbel Mechanical Systems headquarters acquired by Tempus Evergreen?

The Fayetteville headquarters campus of Kimbel Mechanical Systems is fully leased under a long-term triple-net lease through June 2038. According to Tempus, this stable lease, with built-in annual escalations, supports Evergreen’s extended weighted average lease term and income durability.

What returns has Tempus Evergreen delivered since its inception in July 2022?

Tempus Evergreen has delivered an 11.1% life-to-date annualized return and a 1.44x multiple of invested capital. According to Tempus, these results mark a performance milestone as the firm celebrates its tenth anniversary year.

How large is Tempus Evergreen’s portfolio after the Arkansas acquisitions?

Following the Arkansas acquisitions, Tempus Evergreen holds 22 properties with total fund value now above $330 million. According to Tempus, the new assets add 336,242 square feet across roughly 22.5 acres in North Little Rock and Fayetteville.