Real Estate Archive

Technology Drive Building Registers $11.7 Million Sale (Real Deals)

by George Waldon 4/14/2014 12:00 am

The sale of a 100,000-SF office building in west Little Rock weighed in at $11.7 million. A Maumelle mini-storage development tipped the scales at $1.64 million. And a former USA Drug project in southwest Little Rock changed hands in an $825,000 deal.

Kudos: Clark Partners Realty Group Forms in Fayetteville

by Arkansas Business Staff 4/14/2014 12:00 am

Anthony Clark recently announced that his team of real estate agents, Clark Partners Realty Group in Fayetteville, had formally joined to create a full-service real estate firm.

Rickenbach Indictment Reveals More Details of One Bank Under Scooter Stuart

by Arkansas Business Staff 4/14/2014 12:00 am

One Bank & Trust's foolhardy loan of $1.5 million to a penny-stock operator resulted in a federal criminal indictment of former EVP Gary Rickenbach. But a second indictment brings new revelations about the management mess there under the late Layton “Scooter” Stuart.

Portion of Alcoa Exchange Racks Up $24.5M Sale

by Arkansas Business Staff 4/14/2014 12:00 am

Recent million-dollar deals include a big piece of the Alcoa Exchange retail center in Saline County, a 7.4-acre grocery development in Cabot and a Conway Dollar General store.

Henry Management Still On the Hook for Plaza Towers

by Arkansas Business Staff 4/14/2014 12:00 am

According to a judgment filed last week in U.S District Court, Henry Management stills owes hundreds of thousands of dollars on Plaza Towers Apartments.

Site Plan Details Truck Station for Southwest Little Rock

by Lee Hogan 4/9/2014 12:59 pm

A site plan for a 305,000-SF package distribution warehouse and truck station for a large national company has been submitted to the Little Rock Planning and Development Department.

Jobless Rates Fall in All Arkansas Metros

by Mark Carter 4/9/2014 09:11 am

Unemployment rates dropped year over year in all seven Arkansas metropolitan areas surveyed by the U.S. Bureau of Labor Statistics, according to data released Wednesday.

Multifamily Vacancy Up, Development 'Hot' Along I-540 in Bentonville, Rogers

by Marty Cook 4/8/2014 10:15 am

Vacancy rates for multifamily housing in northwest Arkansas rose in the second half of 2013, according to a Skyline Report from Arvest Bank released Tuesday.

Nontraditional Benefits, Unusual Perks Growing In Popularity

by Luke Jones 4/7/2014 12:00 am

Increasingly, companies are looking to offer benefits that fall outside the normal range: flexible hours, paid lunches, ice cream on Fridays. These perks might not be mentioned in the company handbook, but they're becoming more important in attracting a new generation of employees and keeping the old ones.

Government, Wal-Mart, Tyson Foods Remain Atop Largest Arkansas Employers List

by Marty Cook 4/7/2014 12:00 am

The names of Arkansas' largest employers remain mostly unchanged from a year ago — and every year. State government is still atop the list with nearly 57,000 employees.

Prairie Wings Hunting Property Brings In High Price

by Arkansas Business Staff 4/7/2014 12:00 am

A well-known hunting property in east Arkansas attracted a $13.1 million sale.

Farmland Produces $1.8M Transaction (Real Deals)

by George Waldon 4/7/2014 12:00 am

More than 800 acres in east Pulaski County tipped the scales at $1.87 million. A media office project in west Little Rock weighed in at $1.65 million. And the sale of a 23.4-acre mini-storage development in south Pulaski County changed hands in a $1.2 million sale.

Johnny Kincaid To Leave Whisenhunt

by Arkansas Business Staff 4/7/2014 12:00 am

Johnny Kincaid, chief operating officer at Little Rock's Whisenhunt Investment Group, will be leaving the firm by midyear.

Maumelle Leads Recent Million-Dollar Deals in Pulaski County

by Arkansas Business Staff 4/7/2014 12:00 am

A foursome of Pulaski County properties generated seven-digit transactions.

U.S. Pizza Coming to Cabot

by Arkansas Business Staff 4/7/2014 12:00 am

Esther McClellan and her husband, Hunter, are joining with business partner Don Henderson to launch a U.S. Pizza in Cabot, with an opening planned by August.

Billy Sims Barbecue Coming Sooner Than Later to Bentonville

by Arkansas Business Staff 4/7/2014 12:00 am

Billy Sims Barbecue restaurant is scheduled to have a grand opening April 23, Bentonville officials said.

NY Post Reports Alice Walton Might Be Buyer of $70M Penthouse

by Mark Friedman 4/4/2014 11:06 am

The NY Post reported Thursday that Alice Walton, the daughter of Sam Walton and founder of Bentonville's Crystal Bridges Museum of American Art, is rumored to be the mystery buyer of the $70 million, "Jewel of Fifth Avenue," the most expensive co-op in New York's history.

US Employers Add 192k Jobs; Rate Stays at 6.7 Percent

by Associated Press 4/4/2014 08:50 am

U.S. employers added jobs at a solid pace in March and hired more in January and February than previously thought. Friday's government report sent a reassuring signal that the economy withstood a harsh winter that had slowed growth.

Flashbacks of Arkansas Business' First 30 Years (Editor's Note)

by Gwen Moritz 3/31/2014 12:00 am

To celebrate Arkansas Business' 30th anniversary, the staff decided to pull out and reprint some of the stories that we felt were the most important, the most interesting and the most fun. Arkansas Business is still reporting on the state economic scene with business executives as its readership, sticking to its mission of providing the revealing, memorable and important business news available in Arkansas.

Kidnapped! Johnny Allison Describes Shocking Incident That Changed His Life

by John Haman and David Smith 3/31/2014 12:00 am

Johnny Allison, the manufactured-home magnate who apparently was kidnapped June 5 by escaped convict James Avery Slack and escaped by crashing his car into a dump truck, spoke to Arkansas Business about the ordeal after returning home to Conway last week.