Real Estate Archive

Five New Businesses Coming to Argenta Arts District

by Arkansas Business Staff 11/20/2015 11:13 am

Newmark Grubb Arkansas announced Thursday the sale and lease of several properties in downtown North Little Rock's Argenta area, resulting in five new businesses opening along Main Street.

Richard Mays Sues Tech Park Board, Raises Asking Price

by Arkansas Business Staff 11/20/2015 10:30 am

Little Rock attorney Richard Mays on Thursday sued the Little Rock Technology Park Authority and other officials, challenging the board's authority to take his property under eminent domain.

Report: Clean Line Project Could Mean $660M Impact in Arkansas

by Alexis Hosticka 11/19/2015 11:26 am

The construction and operation of the Plains & Eastern Clean Line transmission project could equate to more than $660 million for the Arkansas economy, according to researchers from the Center for Business and Economic Research at the Sam M. Walton College of Business at the University of Arkansas.

Realtors: Arkansas Home Sales Up 13 Percent in September

by Mark Carter 11/18/2015 09:49 am

Arkansas home sales increased by more than 13 percent in September while the price of those homes went up by more than 2 percent, according to data released Wednesday by the Arkansas Realtors Association.

Financial Quarter Works to Host 'Pop-Up' Event, Finalize Branding

by Alexis Hosticka 11/17/2015 02:50 pm

Financial Quarter organizers are working to implement phase one of a three-phase plan, beginning with a possible event in March that builds on the Little Rock Marathon.

Tech Park Board Extends Property Deadline for Richard Mays

by Mark Carter 11/16/2015 04:25 pm

The Little Rock Technology Park Authority Board votes Monday to give Richard Mays until Friday to accept the board's offer of $845,000 for his 10,000-SF property at 415 Main St.

Sherwood Lisa Academy Among Matthews Properties Tangled in Mortgage Shuffle

by Arkansas Business Staff 11/16/2015 12:00 am

It appears that Matthews Management Co. of Little Rock, one of the businesses descended from the Justin Matthews Sr. real estate empire in North Little Rock, is kaput.

Chenal Verizon Property Deal Leads Off Million-Dollar Quartet

by Arkansas Business Staff 11/16/2015 12:00 am

A commercial project in west Little Rock, a 100-room motel in southwest Little Rock, a commercial project near Mabelvale and a big home in Maumelle provide this week's quartet of million-dollar real estate transactions in Pulaski County.

Joey Dean Brings Economic Experience to Flake & Kelley (Movers & Shakers)

by Arkansas Business Staff 11/16/2015 12:00 am

Joey Dean has joined the brokerage team of Flake & Kelley Commercial's governmental consulting division, which is led by former Little Rock Mayor Jim Dailey.

Brookside Health & Rehab Sells for $5.6M (Real Deals)

by George Waldon 11/16/2015 12:00 am

A 143-bed nursing home in west Little Rock tipped the scales at $5.6 million. A 36-unit apartment project in North Little Rock sold for $2.2 million. And an 88-room motel in North Little Rock rang up an $800,000 transaction.

Retail Construction Projects Fall in Arkansas

by Mark Friedman 11/16/2015 12:00 am

Even though fewer retail projects are under construction in Arkansas this year compared with last, retail developers aren't worried. They're busy working on retail projects for next year.

Central Arkansas Industrial Vacancy Rate Falls

by Arkansas Business Staff 11/16/2015 12:00 am

The vacancy rate for industrial space in central Arkansas continued its slight downward trend in the third quarter.

Harps Expands Amid Competition from Wal-Mart, Kroger, Others

by Gwen Moritz 11/16/2015 12:00 am

Harps sold $708 million worth of groceries in the fiscal year that ended in August, enough to make it one of the 15 largest private companies based in Arkansas but a rounding factor for Wal-Mart Stores Inc., headquartered 18 miles away in Bentonville.

Uptown Fayetteville Rediscovers Popularity

by Marty Cook 11/16/2015 12:00 am

Jeremy Hudson and others are putting faith and money into the Steele Crossing area of north Fayetteville.

Commercial Construction Finds Home In Jonesboro

by George Waldon 11/16/2015 12:00 am

Several new projects and redevelopments along Jonesboro's thoroughfares are simmering, contributing to a tally of commercial construction that topped $66 million through the first nine months of 2015.

Big River Steel Mill Rises in Northeast Arkansas

by Jan Cottingham 11/16/2015 12:00 am

The construction of the Big River Steel mill is a project defined by superlatives: at $1.3 billion, the biggest economic development project in Arkansas history; at $700 million, the biggest construction project in the state; one of the most technologically advanced, etc.

Philip Taldo Says Private Development Fuels Springdale's Revitalization

by Arkansas Business Staff 11/16/2015 12:00 am

Philip Taldo, the co-owner of Weichert Realtors-The Griffin Co. and president of One Springdale, a development company, and Partners Construction, talks to Arkansas Business about efforts to revitalize downtown Springdale, a city to which he has strong ties.

On The Border Opening in Jonesboro

by Arkansas Business Staff 11/13/2015 01:44 pm

On The Border Mexican Grill & Cantina will open in Jonesboro on Nov. 16; this will be the chain's its fifth Arkansas location and will bring 130 new jobs.

Average US Rate on 30-Year Mortgage Jumps to 3.98 Percent

by Associated Press 11/12/2015 11:30 am

Average long-term U.S. mortgage rates this week rose sharply for a second straight week as expectations grew that the Federal Reserve may soon raise its key short-term interest rate.

Tech Park Board Gives Birch Raise, Braces for Eminent Domain

by Mark Carter 11/12/2015 10:05 am

The Little Rock Technology Park Authority Board on Wednesday voted to give its director a 5 percent raise and braced for a possible eminent domain lawsuit.