Real Estate Archive

New Development Set for Jonesboro's Caraway-Highland Intersection

by Graycen Colbert Bigger 12/6/2017 02:43 pm

Discount retailer Bargain Hunt will occupy 27,490 SF at the Highland Square Shopping Center in Jonesboro beginning in the spring. The space formerly housed Kmart, which closed at the end of last year.

Charles J. Cella, Longtime Oaklawn Chairman, Dies at 81

by Arkansas Business Staff 12/6/2017 10:04 am

Charles J. Cella, the longtime president and chairman of the board of the Oaklawn Jockey Club in Hot Springs, has died of complications from Parkinson's disease, the racetrack announced. He was 81.

Colliers International Arkansas Names New President

by Arkansas Business Staff 12/5/2017 02:07 pm

Colliers International Arkansas, a commercial real estate and property management firm, announced Tuesday the promotion of Isaac Smith to president and that CEO Kevin Huchingson will now serve as its chairman.

Arkansas Home Sales Up 8.5 Percent in October

by Sarah Campbell-Miller 12/5/2017 10:18 am

The Arkansas Realtors Association said Monday that home sales rose 8.5 percent in October.

NLR's Chapel Ridge Apartments Sold in $8.3M Transaction

by Arkansas Business Staff 12/4/2017 12:00 am

Apartments in North Little Rock, an office building in Alexander, residential property in Little Rock and a commercial site in Benton provide this week's quartet of multimillion-dollar real estate transactions in central Arkansas.

Windstream Sees Change in the Air

by Sarah Campbell-Miller 12/4/2017 12:00 am

CEO Tony Thomas says new products and attention to the balance sheet will get Windstream back in the black.

Central Arkansas Office Space Vacancy Rate Drops

by Arkansas Business Staff 12/4/2017 12:00 am

The vacancy rate for office space for the central Arkansas real estate market fell to 7.7 percent in the third quarter of 2017 compared with 8.1 percent in the third quarter of 2016.

Coca-Cola Plant Transaction Approaches $11 Million (Real Deals)

by George Waldon 12/4/2017 12:00 am

The largest independent Coca-Cola bottler in the nation bought the 22.2-acre complex from Atlanta's Coca-Cola Refreshments USA Inc., a subsidiary of the Coca-Cola Co.

PSC Solar Hearing Has 'Mic-Drop Moment'

by Kyle Massey 12/1/2017 08:46 am

After the state attorney general's office made a case Thursday to allow Arkansas utilities to essentially pay less for electricity generated by customers with solar power systems, citing language in a 2015 law, the law's sponsor begged to differ.

Alice Walton Sells Her 1,400-Acre Texas Ranch

by Lance Turner 11/30/2017 11:19 am

Alice Walton has sold her 1,400-acre Texas ranch two year after first listing it.

Document Advertises Little Rock Marriott for Sale

by Sarah Campbell-Miller 11/30/2017 10:58 am

A Dallas commercial real estate broker is circulating a document advertising the Little Rock Marriott for sale.

Bank of the Ozarks Hires Contractor for New HQ

by Sarah Campbell-Miller 11/30/2017 08:47 am

Bank of the Ozarks has hired CDI Contractors LLC to build its new headquarters in west Little Rock and plans to break ground in December.

Fed Report: Employers Raising Wages in Tight Labor Market

by Lance Turner 11/29/2017 03:22 pm

Employers in the Federal Reserve's Eighth District, which includes all of Arkansas and parts of six nearby states, say they are raising starting wages and salaries to attract new workers amid a tight labor market.

Lumber One to Open in iHeart Media Metroplex, Other Real Estate Deals Total $1.4M

by Sarah Campbell-Miller 11/29/2017 02:37 pm

A new Lumber One Home Center retail store is planned for the recently sold iHeart Media Metroplex at 10800 Col. Glenn Road in Little Rock.

US Pending Home Sales Surged 3.5 Percent in October

by Associated Press 11/29/2017 10:07 am

More people signed contracts in October to buy homes, ending three straight months of declines.

US New-Home Sales Jumped 6.2 Percent in October

by Associated Press 11/27/2017 09:13 am

Americans bought new homes in October at the fastest pace in a decade — a 6.2 percent monthly increase.

Heifer Plans New England Farm Sale

by Arkansas Business Staff 11/27/2017 12:00 am

It's probably inside baseball meaningful mostly to the Heifer International crowd, but the nonprofit, based in Little Rock, is looking to sell its 270-acre Heifer Farm in Rutland, Massachusetts, 61 miles west of Boston.

Bayou Meto Land, Slim Chickens Sold in Recent Seven-Digit Deals

by Arkansas Business Staff 11/27/2017 12:00 am

Agri land in Lonoke County, day care centers and a restaurant in Conway along with a car wash and undeveloped property in Saline County provide a six-pack of big-bucks transactions this week.

Generations Bank Forecloses on Former Gravette Mayor

by Arkansas Business Staff 11/27/2017 12:00 am

Generations Bank has filed a foreclosure suit in Benton County Circuit Court against a former Gravette mayor who ran a since-closed restaurant.

How Chinese Textiles Filled Sanyo's Old Role as Forrest City Hero

by Kyle Massey 11/27/2017 12:00 am

Forrest City was seeking a suitor for a massive shuttered factory. Shandong Ruyi Technology Group of China was looking for the right spot for its first U.S. facility, a vast yarn factory capable of consuming Arkansas' entire annual cotton crop.