Real Estate Archive

Planned LR Marina Remains on Inactive Status

by George Waldon 8/25/2014 12:00 am

The Rock City Marina & Yacht Club in Little Rock remains a drawing board project along the Arkansas River, and the proposed site at the end of East Second Street awaits groundbreaking.

LR Retail Centers Draw $6.1 Million Transaction (Real Deals)

by George Waldon 8/25/2014 12:00 am

Two retail projects in southwest Little Rock tipped the scales at $6.1 million. Geyer Springs Shopping Center LLC of Brooklyn, New York, bought its namesake 152,852-SF property at 8717 Geyer Springs Road and the 21,760-SF Geyer South project at 8521 Geyer Springs Road.

Emily Plaza To Get New Look, CVS to Start Construction in Springdale (NWA Real Deals)

by Marty Cook 8/25/2014 12:00 am

Mathias Shopping Centers Inc. of Springdale did a $2.5 million swap with Five Forty Properties LLC of Little Rock. And CVS Caremark Corp. of Woonsocket, Rhode Island, is scheduled to begin construction later this month on a pharmacy in Springdale.

Lonoke County Racks Up Million-Dollar Deals

by Arkansas Business Staff 8/25/2014 12:00 am

Farmland dominates this week's serving of large real estate transactions in Lonoke County.

Zoës Kitchen, Chipotle Step Up to Plate of College Marketplace

by Arkansas Business Staff 8/25/2014 12:00 am

Two eateries are in the pipeline to set up shop at College Marketplace in Fayetteville: Zoes Kitchen Inc. of Plano, Texas, and Chipotle Mexican Grill.

IberiaBank Sheds Springdale Business Center for $1.78M

by Arkansas Business Staff 8/25/2014 12:00 am

An OREO property of IberiaBank since 2011, the Springdale Business Center was purchased by Hillcrest Holdings LLC of Fayetteville, led by Robert Morgan and Gary Nichols.

Arkansas Homes Sales Up 10 Percent in June

by Arkansas Business Staff 8/22/2014 11:14 am

Home sales rose 10.4 percent in June, according to a report Friday by the Arkansas Realtors Association.

Last Chance to Nominate Candidates for Arkansas Business' 20 in Their 20s List

by Arkansas Business Staff 8/19/2014 11:42 am

Nominations are being accepted for the list of the state's most influential young professionals, "The New Influentials: 20 in Their 20s."

Fort Smith Stays on Top of Arkansas Tech Business Index; 11 Cities Improve

by Lee Hogan 8/18/2014 10:19 am

For the third month in a row, Fort Smith remained on top of the Arkansas Tech Business Index, according to data compiled for May.

Public Company Board Service Can Mean Lots of Work and Risk

by Gwen Moritz 8/18/2014 12:00 am

This week we list all directors of 19 publicly traded companies headquartered in Arkansas and the compensation they received for service on the boards in the most recent fiscal year. It's work that's “a whole lot harder” than it used to be.

Windstream Spinoff Hits Dividend Even More Than You Think

by Michelle Corbet 8/18/2014 12:00 am

On July 29, Windstream Holdings Inc. sent shock waves through Wall Street when it announced it would spin off most of its physical assets — mostly copper wires and fiber-optic cables — into a separate, publicly traded real estate investment trust.

John Rogers West Side Condo Back on Manhattan Market

by Arkansas Business Staff 8/18/2014 12:00 am

A condo overlooking New York's Central Park that John and Angelica Rogers have rented for several years recently went back on the market.

Landers Toyota, Baptist Health School Subjects of Latest Seven-Digit Deals

by Arkansas Business Staff 8/18/2014 12:00 am

Our latest lineup of big real estate transactions features a quartet, three in the capital city and one in North Little Rock.

Lindsey's Roy Stanley Takes On IRS

by Arkansas Business Staff 8/18/2014 12:00 am

Roy E. Stanley, the longtime president of Fayetteville's Lindsey Management Co. and current president of Lindsey Communications Inc., and his wife, Carol, are suing the Internal Revenue Service over the findings of an audit performed in October 2012.

Central Arkansas Industrial Vacancy Rate Stable

by Arkansas Business Staff 8/18/2014 12:00 am

The vacancy rate for industrial real estate in central Arkansas remained relatively stable through the second quarter of 2014, ticking up just slightly to 10.8 percent compared with 10.6 percent in first-quarter 2014. That's above the national average of 9 percent but far below central Arkansas' 12.2 percent vacancy rate of second-quarter 2013.

Chesshir: Startup Ecosystem Can Bring Downtown to Life

by Mark Carter 8/15/2014 11:12 am

The nascent Main Street creative corridor and Little Rock technology park are revealing signs of life, but Jay Chesshir, president of the Little Rock Regional Chamber of Commerce, believes the continued development of Little Rock's burgeoning tech-based startup ecosystem can help get it there.

LR Tech Park Receiving 'Genuine Interest' from Prospective Tenants

by Mark Carter 8/14/2014 10:18 am

Brent Birch, the director of the Little Rock Tech Park, told the park's board on Wednesday that he has received "genuine interest" from local companies interested in being a part of the park.

Little Rock Metro's Housing Permits Down in 2013

by Lee Hogan 8/12/2014 12:51 pm

Numbers were down across the board in the housing market in central Arkansas last year. The total number of housing permits, 2,094 — including single-family and multi-family — was lower than numbers from the Great Recession and the lowest since 1992.

Developers Eye Large Mixed-Use Development in Jonesboro

by Lee Hogan 8/11/2014 11:01 am

Developers hope to move a step closer to redeveloping a 200-acre plot of land at the intersection of U.S. 49 and Arkansas 351 after Tuesday's Jonesboro Metropolitan Area Planning Commission meeting.

Metro Builders Supply Leads Off Quartet of Million-Dollar Deals

by Arkansas Business Staff 8/11/2014 12:00 am

Our new batch of million-dollar transactions features a commercial project, a nonprofit building, a retail site and a big house.