Real Estate Archive

Development Paused at Interchange as Conway Mulls Annexation

by Arkansas Business Staff 10/13/2014 12:00 am

Although the Conway Corridor project was first touted as a way to encourage more retail and office development, Conway city planners are exploring options that would allow them to limit development along the new corridor.

NLR Tire Center Leads Quartet of Pulaski County Million-Dollar Deals

by Arkansas Business Staff 10/13/2014 12:00 am

A tire center project in North Little Rock, two big homes in Little Rock and a motel in Jacksonville have joined the seven-digit club.

Relyance Team Continues Bank's Move Into LR Market (Movers & Shakers)

by Arkansas Business Staff 10/13/2014 12:00 am

Nina Castaldi, Sandy Ross, Nikki Pfleger and LaTonja Hill are members of Relyance Bank of Pine Bluff's new Little Rock team.

The Mind of an Entrepreneur (Mitch Bettis Publisher's Note)

by Mitch Bettis 10/13/2014 12:00 am

On Oct. 24, Arkansas Business, in partnership with the College of Business at the University of Arkansas at Little Rock, is hosting another Power Breakfast executive panel.

Little Rock Walgreens Sells for $5.7 Million (Real Deals)

by George Waldon 10/13/2014 12:00 am

ARCP WG Little Rock AR LLC of Phoenix bought the 15,181-SF store at 1601 Main St. from Stamja-DT AR Properties LLC, led by Jason LaFrance.

Court Appoints Former LR Mayor Special Administrator in Scooter Stuart Case

by George Waldon 10/13/2014 12:00 am

Tom Prince, former Little Rock mayor, has entered the fray between Little Rock's One Bank & Trust and the estate of its former controlling owner and CEO, Layton “Scooter” Stuart.

First National Title Acquires Faulkner County Title

by Arkansas Business Staff 10/8/2014 10:49 am

First National Title Co. announces its acquisition of Faulkner County Title Co.

Jane Chu: Main Street Revitalization Awakens a Cultural District

by Lee Hogan 10/7/2014 03:35 pm

Jane Chu, chairman of the National Endowment for the Arts, said the revitalization of downtown Little Rock's Main Street has awakened a cultural district.

Chuy's Buy Launches New Project in NLR (Real Deals)

by George Waldon 10/6/2014 12:00 am

A Chuy's restaurant project in North Little Rock was put in motion by a $1.14 million land deal. A 16,200-SF commercial project in North Little Rock is under new ownership after a $907,000 sale.

2 New Osteopathic Med Schools Hope to Fill Need

by Marty Cook 10/6/2014 12:00 am

Groundwork has already started on the Arkansas Colleges of Health Education in Fort Smith, which will include a 100,000-SF main building and several other buildings with an expected price tag of approximately $32 million. Arkansas State University at Jonesboro is building a College of Osteopathic Medicine with its partner, the New York Institute of Technology.

Examination of UAMS Radiology Grinds On

by George Waldon 10/6/2014 12:00 am

Two UA audits of the radiology department at UAMS and its business dealings with Medical Assets Holding Co. of North Little Rock are under review for possible criminal charges.

Report: Northwest Arkansas Job Growth Ahead of Peers

by Marty Cook 10/3/2014 08:02 am

Northwest Arkansas job growth easily beat its peer regions, the state and the nation this past year, according to a report released Thursday by the University of Arkansas.

Housing Market Numbers Down in August

by Lee Hogan 10/2/2014 11:36 am

The housing market was down across the three major categories — homes sold, home valuations and average price — in August compared to a year ago, according to the Arkansas Realtors Association.

Federal Jury Rules in Favor of Lindsey Management in Overtime Lawsuit

by Arkansas Business Staff 10/1/2014 12:06 pm

A federal jury cleared Lindsey Management Co. of Fayetteville, the largest apartment complex manager in Arkansas, of any wrongdoing in a federal lawsuit from former employees claiming violations of the Fair Labor Standards Act of 1938.

Mike Beebe Makes 28 Appointments to Arkansas Boards, Commissions

by Arkansas Business Staff 10/1/2014 10:49 am

Gov. Mike Beebe announced a judicial appointment along with others to state boards and commissions.

Marshals Museum Officials Working on Land Easement

by Associated Press 9/30/2014 03:09 pm

The people working to build a museum dedicated to U.S. Marshals are working with the Army Corps of Engineers on officially securing land on which the building will be constructed on.

Boscos Closes River Market District Restaurant

by Lee Hogan 9/29/2014 10:18 am

Boscos Restaurant & Brewing Co. of Memphis has announced that its River Market District location in Little Rock is now closed.

A Real Recovery (Editorial)

by Arkansas Business Editors 9/29/2014 12:00 am

This issue of Arkansas Business, focusing as it does on commercial real estate in Arkansas, presents a hopeful picture that we'd like to think is pretty accurate. Added to that is positive national economic news. Despite some stubborn structural economic problems, in real estate, this feels like a real recovery, not a bubble.

Cole McCaskill on What's Central To Bringing More Tourists to Hot Springs

by Arkansas Business Staff 9/29/2014 12:00 am

Cole McCaskill is a Hot Springs native who recently stepped into the newly created position of downtown development director. His job is to manage the Hot Springs Metro Partnership's Strategic Plan for Downtown Development, which grew out of the February fire that destroyed the historic Majestic Hotel.

Sager Sells Allens Properties to Jim Bob Duggar

by Arkansas Business Staff 9/29/2014 12:00 am

Duggar paid $35,000 for about 20.4 acres from Sager Creek Vegetable Co. and $57,000 for a group of properties totaling more than 16 acres that includes rural land and several housing lots in Gentry and the Beauchamp Addition in Siloam Springs.