Real Estate

Outlets at Little Rock Developer Talks Construction, Tenants, Impact

Outlets at Little Rock Developer Talks Construction, Tenants, Impact

The Outlets at Little Rock will open this summer. Michael Barelli, vice president of New England Development, recently talked to Arkansas Business about the 325,000-SF shopping center coming to central Arkansas.
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Venture Center, Tech Park Offices to Move Into Block 2 Building

Leaders of the Arkansas Venture Center and the Little Rock Technology Park will set up offices in the former ARK Challenge space on the ground floor of the Block 2 building in the 100 block of East Markham in downtown Little Rock.
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Little Rock Land Eyed for FedEx Center Sold for $3.4M

Development of a 311,684-SF FedEx Corp. distribution center is officially in motion in southwest Little Rock near the northwest corner of Alexander and Loop roads.
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Arkansas Jobless Rate Down to 5.8 Percent in November

The unemployment Rate in Arkansas fell to 5.8 percent in November, down from 6.1 percent in October. The 5.8 jobless rate matches the U.S. rate, which remained stable between October and November. read more >

Little Rock A&P Recommends $5M in DoubleTree Renovations

The Little Rock advertising and promotion commission on Thursday recommended $5 million in renovations for the DoubleTree Hotel in downtown Little Rock. read more >

Arvest Survey: Mortgage Debt Down, Savings Up in Arkansas

Arkansans reported less mortgage debt than their neighbors in Oklahoma and Missouri, according to the latest consumer sentiment survey from Arvest Bank. read more >

US Home Construction Drops 1.6 Percent in November

Construction of new homes fell slightly in November, reflecting weakness in construction of single-family homes. read more >

Superior Space in Conway Attracting High-End Hotel, Restaurant Interest

Conway's resurgence is keeping T.J. Lefler's phone ringing. Lefler says he has serious inquiries from several hotels as well as a handful of upscale restaurants that are interested in some prime real estate. read more >

Bentonville Retail Center Sold for $1.35M

The strip center at 231 N. Walton Blvd. is occupied by Papa John's Pizza, Wingstop, Rent-A-Center and Kumon Math & Reading Center. read more >

Sherwood Walgreens Tops Million-Dollar Quartet of Sales in Pulaski County

A Walgreens in Sherwood is the leader of this week's quartet of million-dollar transactions in Pulaski County. read more >

Shadow Lake, Turtle Creek Apartments Tandem Sales Surpass $40.5 Million (Real Deals)

The 296-unit Shadow Lake Apartments at 13111 W. Markham St. sold for $26.87 million and the 216-unit Turtle Creek Apartments at 601 Napa Valley Drive went for $13.71 million. read more >

Cooper Communities A Family Enterprise for Over 50 Years

Cooper Communities Inc. of Rogers — along with its assorted subsidiaries such as Cooper Land Development, Cooper Homes and Cooper Realty Investment — really is a family business. read more >

Prudent Planning Pays Off for Cooper Communities

John Cooper III is president and chairman of the board of directors of Cooper Communities Inc. of Rogers, a prolific land development company for the past 50-plus years. How prolific is a company secret, as Cooper politely declines to share the private company's revenue or employment figures. He did sit down at his company's headquarters for an interview, his first ever with the media. read more >

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