In a reported $3 million plus sale the old Scholastic Books Distribution Warehouse in Maumelle has been sold to a Dallas management company which almost immediately leased out a large portion of the 500,000 square foot building — 205,000 square feet — to Little Rock based Leisure Arts Inc., which is moving its 125 jobs to Maumelle. Maumelle Justice of the Peace Paul Elliott, who sponsored an ordinance in the Pulaski County Quorum Court allowing the use of turn back taxes to the businesses to relocate in Maumelle, said Mohr Capitol will employ 5 to 6 people at an hourly rate of $13 an hour just to manage the large building, which is being renamed the Little Rock Logistics Center. Leisure Arts Senior Vice-president Jim Dittrich said the Champs Avenue relocation will add $2.5 million to the local economy and allow the 42-year-old publisher to retain 125 jobs at the facility. Elliott said the building itself sold for $2.494 million but the equipment purchased already inside the building cost another $1.029 million. Maumelle also authorized the turning back of tax dollars as an incentive for the business.