Real Estate Archive

Vouk Transportation Faces Foreclosure on NLR Headquarters

by Arkansas Business Staff 5/8/2017 12:00 am

Bank of Little Rock has filed to foreclose on Vouk's headquarters because it allegedly defaulted on a $826,000 mortgage taken out in May 2015.

Maumelle's Modern Storage Sold for $3.3 Million

by Arkansas Business Staff 5/8/2017 12:00 am

Mini-storage in North Little Rock and two warehouses in Little Rock provide our trio of multimillion-dollar transactions this week.

Kimbel Mechanical Moves Into Former Acumen Brands Space

by Arkansas Business Staff 5/8/2017 12:00 am

Kimbel Mechanical is moving into a spacious 76,000-SF building at 1936 N. Shiloh Drive in Fayetteville, a building formerly occupied by one-time e-commerce sensation Acumen Brands.

El Dorado Building Its Hopes On Arts

by Kyle Massey 5/8/2017 12:00 am

In a town where an oil gusher a century ago set off one of the wildest booms in American history, transforming El Dorado into south Arkansas' richest town, Austin Barrow presides over a boom in downtown construction.

Little Rock Looks Up: 7 Downtown Projects Set to Open by Year's End

by George Waldon 5/8/2017 12:00 am

A flurry of behind-the-scenes activity indicates a restart is in the works for a key part of the Creative Corridor in downtown Little Rock.

Benton County Projects Costly, Unique

by Marty Cook 5/8/2017 12:00 am

The 8W Center was just one of seven multimillion-dollar commercial construction projects in Bentonville in 2016. It ranked as the 17th largest in the state and was fourth among the 30 projects in Washington and Benton counties.

A Historical Look at U.S. Housing Starts

by Arkansas Business Staff 5/8/2017 12:00 am

This chart shows privately owned housing starts in the United States from January 1959, when they stood at 1.66 million, through March 2017, when they totaled 1.22 million. The shaded areas indicate recessions.

St. Bernards Medical Center Tops Jonesboro's Construction Projects List

by Mark Friedman 5/8/2017 12:00 am

Construction projects are flourishing in Jonesboro, despite the financial woes plaguing one of its largest commercial ventures.

Gateway Retail Sale Tops $3.5 Million (Real Deals)

by George Waldon 5/8/2017 12:00 am

Gateway Village I LLC, led by Tommy Hodges, sold the 6 Bass Pro Drive project, home of David's Burgers, Hogman's Gameday Superstore and more.

Developer Brandon Huffman Manages Financial Windfall from Drywall

by Arkansas Business Staff 5/8/2017 12:00 am

Huffman attended the University of Texas from 1996-2000 on a golf scholarship while pursuing a sports management degree.

Deltic Timber 1Q Profit Rises on Higher Wood Prices

by Lance Turner 5/3/2017 05:12 pm

Deltic Timber Corp. of El Dorado says first-quarter profit spiked 175 percent amid higher prices for lumber and medium density fiberboard.

Downtown Springdale Alliance Names New Director

by Arkansas Business Staff 5/3/2017 09:25 am

The Downtown Springdale Alliance says Kelly Hale Syer will serve as its new executive director.

Ryan Watley Named CEO of Go Forward Pine Bluff

by Lance Turner 5/1/2017 11:05 am

Ryan Watley is named CEO-elect of Go Forward Pine Bluff, a volunteer group backed by Simmons First National Corp. that aims to stop the city's population decline and bolster its tax base.

Heritage Department Buys Mosaic State Temple Building

by Arkansas Business Staff 5/1/2017 12:00 am

The Arkansas Department of Heritage bought the former headquarters of the Mosaic Templars of America at 906 Broadway from the Leonal W. Kilgore Revocable Trust.

Burge's Restaurant Coming to Conway

by Arkansas Business Staff 5/1/2017 12:00 am

Conway will be getting a Burge's Restaurant this summer, at the southeast corner of Dave Ward and Equity drives, at the entrance to the Acxiom campus.

Zero Mountain Eyes Expansion in North Little Rock

by Arkansas Business Staff 5/1/2017 12:00 am

Zero Mountain Inc. of Fort Smith bought approximately 32 acres of land adjacent to its North Little Rock warehouse for $452,000 in early April, and CEO Joseph Rumsey said the purchase was for possible future expansion.

PACE Financing Under Fire From Tom Cotton

by Kyle Massey 5/1/2017 12:00 am

Pulaski County Judge Barry Hyde calls PACE financing a home run, something that makes "a lot of sense to a lot of people." U.S. Sen. Tom Cotton calls PACE a scam to "trick seniors into taking out high-interest loans for 20 years, along with liens on their homes."

Chenal Commercial Attracts $4M Sale (Real Deals)

by George Waldon 5/1/2017 12:00 am

Beefam LLC and Bonerts MV LLC of Santa Ana, California, acquired the 7,457-SF project at 17701 Chenal Parkway, home to Pei Wei and Mattress Firm.

Coffee Shops On Rise in Downtown Little Rock

by Jan Cottingham 5/1/2017 12:00 am

Choices for the coffee-loving crowd are proliferating in downtown Little Rock what with the opening or scheduled opening of at least four new coffee shops within the last few months.

NWA Vacancy Rates Stable As New Buildings Go Modern

by Marty Cook 5/1/2017 12:00 am

The success of new office construction is partially based on the quality of product but also because of the demand for it.

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