Real Estate Archive

Central Arkansas Industrial Space Vacancy Rate Falls

by Arkansas Business Staff 9/19/2016 12:00 am

The vacancy rate in the industrial real estate market in central Arkansas continued its decline in the second quarter of 2016, falling to 10.1 percent compared with 11.7 percent a year ago.

Millennials Drive Boom in Arkansas Apartment Market

by George Waldon 9/19/2016 12:00 am

When it comes to shelter, the millennial generation has established a reputation for its lingering embrace of apartments over homeownership. The market impact of the 18-34 age group is helping drive occupancy rates higher, to the delight of landlords.

Towne Oaks Duo Draws $10 Million Transaction (Real Deals)

by George Waldon 9/19/2016 12:00 am

An affiliate of the AndMark real estate investment firm of Los Angeles bought the 152-unit Towne Oaks Apartments at 9300 Treasure Hill Road and the 64-unit Towne Oaks Village Apartments at 9600 Southedge Drive.

Thanks A Million, Wells Fargo (Gwen Moritz Editor's Note)

by Gwen Moritz 9/19/2016 12:00 am

It is undeniably the smaller banks — the ones that don't have 1.5 million real customers, much less that many phony accounts — who have paid and are paying and will continue to pay the most for the bad acts of the banks that are too big to fail.

Developer Chris Moses Discloses The Pros of Working With His Family

by Arkansas Business Staff 9/19/2016 12:00 am

In July 2013, Chris Moses became president and CEO of Moses Tucker Real Estate, founded by his father, Jimmy.

Keller's Convention Center in Jonesboro to Double in Size

by Associated Press 9/16/2016 12:24 pm

Developers have decided to nearly double the size of a convention center to be constructed in Jonesboro.

Frito-Lay Seeks Up to $150M in Bonds for Jonesboro Plant Expansion

by Sarah Campbell 9/16/2016 11:45 am

Frito-Lay of Texas has asked the city of Jonesboro to issue industrial development revenue bonds not to exceed $150 million for another expansion of its facility at 2810 Quality Way.

Meet 20 In Their 20s: The New Influentials Class of 2016

by Gwen Moritz 9/12/2016 12:00 am

Twenty of Arkansas' young leaders show the energy and ambition and adventurous spirit that is obvious in our state's business legends, even decades after they were in their 20s. We're proud to introduce these New Influentials and to consider all the potential they offer our state in the decades to come.

Conway's University Park Apartments Sold in $10.2M Transaction

by Arkansas Business Staff 9/12/2016 12:00 am

A 160-unit apartment project, a 57,000-SF grocery store and about 146 acres attracted a trio of seven-digit Conway transactions.

Central Arkansas Retail Space Vacancy Rate Rises Slightly

by Arkansas Business Staff 9/12/2016 12:00 am

The vacancy rate for retail space in central Arkansas rose slightly in the second quarter, inching up to 4.9 percent compared with 4.7 percent in the first quarter.

McCain Plaza Transaction Surpasses $23 Million Mark (Real Deals)

by George Waldon 9/12/2016 12:00 am

The 296,000-SF retail project at 4200 E. McCain Blvd. in North Little Rock tipped the scales at $23.15 million.

At 10, Windstream Focuses On Midmarket Future

by Sarah Campbell 9/12/2016 12:00 am

Windstream Holdings Inc., the publicly traded spinoff of Little Rock's Alltel Corp., recently celebrated its 10th anniversary, saying its first decade has sharpened its focus on midmarket business customers, although it also has residential, small business and wholesale customers.

Alysia Wells Moves In at Colliers International (Movers & Shakers)

by Arkansas Business Staff 9/12/2016 12:00 am

Alysia Wells has been named assistant property manager at Colliers International Arkansas. Wells has more than 10 years of experience in office administration.

Sells Agency Lands 2 Local Developments, Indiana Bank

by Kyle Massey 9/9/2016 10:47 am

Three new clients have hired the Sells Agency of Little Rock to lead their research and marketing efforts, including two local residential developments and an Indiana bank that is one of the oldest national banks in the United States.

Cedar Creek Sells NLR Property for $2.2M

by Arkansas Business Staff 9/5/2016 12:00 am

This week, we offer you a trio of million-dollar transactions in Pulaski County: An office-warehouse in North Little Rock, a Little Rock home and farmland near Scott.

Fayetteville's Tech Atlantis Finds Zen with New Name, Location

by Arkansas Business Staff 9/5/2016 12:00 am

Tech Atlantis, a provider of cloud-based tax services, is relocating in Fayetteville to the downtown square and changing its name to Zenwork.

Central Arkansas Office Space Vacancy Rate Slips Slightly

by Arkansas Business Staff 9/5/2016 12:00 am

The vacancy rate for office space in central Arkansas eased downward from the first quarter by 0.1 percentage point, falling to 7.1 percent.

Slideshow: 9 Inductees Honored at Arkansas Women's Hall of Fame

by Gwen Moritz 9/5/2016 12:00 am

Eight women and a congregation of Catholic nuns were the second class of inductees honored by the Arkansas Women's Hall of Fame at a banquet in Little Rock on Aug. 25.

Midtown Center in Little Rock Attracts $6.2M Sale (Real Deals)

by George Waldon 9/5/2016 12:00 am

Leek Farms LLC, led by Lynn Leek, bought the 105 N. Rodney Parham Road project, home to Mid-Towne Antique Mall, Light Innovations and The Tile Shop.

Correction: Arkansas Home Sales Flat In July

by Arkansas Business Staff 9/2/2016 01:48 pm

Home sales in Arkansas were flat in July compared with the same month last year, according to a report Friday by the Arkansas Realtors Association.