Real Estate Archive

'Jobs Now' Summit Examines Growing Skills Gap

by Mark Carter 9/24/2014 07:30 am

Ways to address a growing manufacturing skills gap was the focus of Tuesday's "Jobs Now: Arkansas Works When We Do" summit hosted by the Arkansas State Chamber of Commerce.

Burgundy Book: Little Rock Zone's Unemployment Rate Lowest Since Great Recession

by Lee Hogan 9/23/2014 02:11 pm

The Little Rock Zone's unemployment rate is at its lowest level since the Great Recession, according to the latest numbers from the Federal Reserve Bank of St. Louis' Burgundy Books.

Landers Auto Dealership Drives $22.1M Toyota Sale (Real Deals)

by George Waldon 9/22/2014 12:00 am

Luther Auto Group's acquisition of Steve Landers Toyota in Little Rock generated a real estate transaction valued at $22.1 million. A former Metropolitan National Bank branch in west Little Rock is under new ownership after a $1.76 million sale. And a 27,832-SF piece of the Arcade Building in downtown Little Rock changed hands in a transaction valued at $1.2 million.

Argenta Community Development Corp. Weighs Its Future

by Mark Friedman 9/22/2014 12:00 am

While Argenta Community Development Corp. of North Little Rock ponders its future — including whether to dissolve — the nonprofit first must deal with a foreclosure lawsuit filed against it last month after defaulting on a $560,000 loan.

Long Prairie of Illinois Continues Land Buys in Lonoke County

by Arkansas Business Staff 9/22/2014 12:00 am

More than 1,000 acres of farmland in Lonoke County was resold in a $3.9 million flip.

Superior Chevrolet Switches Hands in Conway

by Arkansas Business Staff 9/22/2014 12:00 am

A Tulsa investor paid nearly $3 million for the former home of Superior Chevrolet in Conway.

Hot Springs' Citizens Building Eyed for New Development

by Arkansas Business Staff 9/22/2014 12:00 am

Fayetteville attorney Robert Depper and LSC Hotel Restaurant Management Co. of El Dorado have formed Let Us Revive Hot Springs Downtown LLC, with hopes of renovating one of the city's historic downtown buildings into a boutique hotel.

Arkansas Business Presents 2014's 'The New Influentials: 20 In Their 20s'

by Gwen Moritz 9/22/2014 12:00 am

Since 2009 Arkansas Business has sought out talented young leaders in our business and nonprofit community to introduce in a feature called The New Influentials: 20 in Their 20s.

UCA Moves Forward with Feasibility Study on Mixed-Use Development

by Lee Hogan 9/19/2014 10:42 am

The University of Central Arkansas moved a step closer to putting a mixed-use building on campus after its board of trustees on approved a feasibility study for issuing bonds for a proposed 67,500-SF center at the corner of Donaghey Avenue and Bruce Street.

CHI St. Vincent to Expand WLR Campus

by Mark Carter 9/17/2014 03:28 pm

The facility will be located next to CHI St. Vincent's outpatient, ambulatory care facility on the 37-acre campus. Building completion is scheduled for summer 2015. Current services at CHI St. Vincent West include primary care, urgent care, geriatric and sleep services.

Leaders Say New School District Will Boost Businesses in Jacksonville

by Lee Hogan 9/17/2014 10:44 am

More than 94 percent voted Tuesday for Jacksonville to separate from the Pulaski County Special School District and create its own school district. Leaders expect the move to provide a big boost for business in the city.

Governor's Quality Awards Go to 28 Arkansas Organizations

by Arkansas Business Staff 9/16/2014 08:28 am

The 20th annual event was held at the Marriott Hotel in downtown Little Rock before an audience of more than 400 business and civic leaders. In addition to recognizing the winers, 16 past awards recipients were recognized.

Mayflower Subdivision Filling Up Again After Spill

by Associated Press 9/15/2014 07:42 am

People are starting to move back into the part of an Arkansas subdivision evacuated last year after a 2013 pipeline accident.

Natural Gas in Fayetteville Shale Takes Arkansas from Zero to Billions in 10 Years

by Michelle Corbet 9/15/2014 12:00 am

In the past decade, the players in the Fayetteville Shale have shuffled and consolidated, drilling has peaked and retreated, employment has expanded and contracted, technology has advanced, environmental and infrastructure concerns have reared their heads and government has responded.

South Arkansas Formation Proves Disappointing So Far

by Michelle Corbet 9/15/2014 12:00 am

The Lower Smackover Brown Dense formation has, so far, been a disappointment for exploration companies, mineral rights owners and state regulators hoping for a 21st century oil boom in south Arkansas and north Louisiana.

West Little Rock Hosts $1.4M Boot City Buy (Real Deals)

by George Waldon 9/15/2014 12:00 am

Development of a 20,000-SF Cavender's Boot City store is in motion in Little Rock's Gateway Town Center after a $1.38 million land deal. And the Town Pump and its adjoining liquor store in Little Rock's Riverdale area changed hands in a $500,000 sale.

Lindsey Management Facing Numerous Overtime Lawsuits

by Mark Friedman 9/15/2014 12:00 am

Lindsey Management Co. of Fayetteville, the largest apartment property manager in Arkansas, is dealing with several federal lawsuits from employees who allege they weren't paid overtime.

Department of Arkansas Heritage Puts Down Roots Near River

by Arkansas Business Staff 9/15/2014 12:00 am

The Department of Arkansas Heritage intends to develop a 30,000-SF headquarters in downtown Little Rock, assembling a 4.5-acre location on the banks of the Arkansas River in two transactions totaling $2.3 million.

Scholastic Warehouse, Windstream Property Subject of Seven-Digit Deals

by Arkansas Business Staff 9/15/2014 12:00 am

Eat-1412 LLC of Louisville, Colorado, bought the 484,932-SF former Champs Sporting Goods/Scholastic Distribution facility at 1 Champs Blvd. South of the Arkansas River, ownership of a 30,400-SF data center shifted in a sale-leaseback transaction valued at $8.6 million.

Regions Bank Adds Waylan Wiggins to Roster

by Arkansas Business Staff 9/15/2014 12:00 am

Regions Bank has scored a nice hire: Waylan Wiggins, previously president of the Stuttgart branch of Arkansas County Bank of DeWitt.

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