Real Estate

Realtors: Arkansas Home Sales Up 15 Percent

Realtors: Arkansas Home Sales Up 15 Percent

Arkansas home sales increased by more than 15 percent in March while the price of those homes went up by more than 8 percent, according to data released Wednesday by the Arkansas Realtors Association.
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Longhills Property Leads Off Recent Million-Dollar Deals in Saline County

A $2.5 million land deal last year in Benton set the stage for a 600-unit apartment project dubbed the Greens at Longhills.
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Kohl's Store Rings Up $9 Million Transaction (Real Deals)

An 89,724-SF department store in Sherwood weighed in at $9 million. An 18,680-SF electrical subcontracting complex in North Little Rock shifted ownership in a $636,000 transaction. And an 8,316-SF commercial building in west Pulaski County changed hands in a $506,096 foreclosure sale.
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Farmland, Retail Property Highlight Recent Million-Dollar Deals in Lonoke County

Farmland in south-central Lonoke County and a 6.7-acre office-retail development in Cabot compose our tandem of million-dollar transactions. read more >

Landowner Disputes Diamond Pipeline's Claim of Eminent Domain

A Conway County landowner filed a challenge to the proposed Diamond Pipeline project, arguing the company behind the project should not have the power of eminent domain. read more >

Joplimo Mattress Has Firm Plans for Fayetteville

Joplimo Mattress had a soft opening of its first northwest Arkansas store Thursday in Rogers and will open a Fayetteville store in August. read more >

Courtney Little Assumes Role as CareLink Chairman (Movers & Shakers)

Courtney Little, president of ACE Glass Construction in Little Rock, has been named chairman of the CareLink board of directors. He replaces Stacey Duckett, who died in March. Sandra Prater, owner of Prater Auto Sales in Jacksonville, is a newly elected board member. read more >

Wal-Mart Closes on Land for New Fayetteville Store (NWA Real Deals)

Wal-Mart Stores Inc. closed on a 6.1-acre property in south Fayetteville where the company plans to build a Neighborhood Market. read more >

Vantage Point Apartments Attracts $11 Million Sale (Real Deals)

A 228-unit apartment complex in Little Rock's Riverdale area tipped the scales at $11 million. read more >

Vacancy Rate Declines in Central Arkansas Office Space

The vacancy rate for office space in central Arkansas continued its decline in the first quarter of 2015, falling to 8.4 percent compared with 8.8 percent in fourth-quarter 2014 and 11.1 percent in the year-earlier quarter, first-quarter 2014, according to the Central Arkansas Commercial Data Exchange. read more >

Big Companies, Big Revenue: 75 Largest Private Companies in Arkansas Worth $32.8B

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $32.8 billion in their most recent fiscal years, up nearly 7 percent in a year. read more >

Arkansas Business Hall of Fame Seeks Nominations

The selection committee for the Arkansas Business Hall of Fame is now accepting nominations for the 2016 class of inductees. read more >

Arkansas' Top Exporters Recognized, Officials Call for Ex-Im Bank Renewal

At an awards ceremony recognizing the state's top exporters, Arkansas small business owners and an official with the U.S. Export-Import Bank called for the bank charter's renewal. read more >

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