Real Estate Archive

Office Space Filling Up in New Bentonville Building

by Arkansas Business Staff 11/23/2015 12:00 am

Craig Soos plans to open his new office building in Bentonville at the start of the new year. It should be close to capacity the way things are looking.

Sandy Gifford Ready as New Agent for Weichert Realtors-The Griffin Co. (Movers & Shakers)

by Arkansas Business Staff 11/23/2015 12:00 am

Sandy Gifford has joined the Bentonville office of Weichert Realtors-The Griffin Co. as a real estate agent.

Chenal Creek Transaction Closes at Nearly $9M (Real Deals)

by George Waldon 11/23/2015 12:00 am

Chenal Creek Little Rock AR LLC of Los Angeles acquired its namesake project at 12800 Chenal Parkway, backed with a $6.8 million loan from Morgan Stanley.

Central Arkansas Retail Space Vacancy Rate Declines

by Arkansas Business Staff 11/23/2015 12:00 am

The vacancy rate for retail space in central Arkansas fell to 5.3 percent in third-quarter 2015 compared with 6 percent in second-quarter 2015.

Five New Businesses Coming to Argenta Arts District

by Arkansas Business Staff 11/20/2015 11:13 am

Newmark Grubb Arkansas announced Thursday the sale and lease of several properties in downtown North Little Rock's Argenta area, resulting in five new businesses opening along Main Street.

Richard Mays Sues Tech Park Board, Raises Asking Price

by Arkansas Business Staff 11/20/2015 10:30 am

Little Rock attorney Richard Mays on Thursday sued the Little Rock Technology Park Authority and other officials, challenging the board's authority to take his property under eminent domain.

Report: Clean Line Project Could Mean $660M Impact in Arkansas

by Alexis Hosticka 11/19/2015 11:26 am

The construction and operation of the Plains & Eastern Clean Line transmission project could equate to more than $660 million for the Arkansas economy, according to researchers from the Center for Business and Economic Research at the Sam M. Walton College of Business at the University of Arkansas.

Realtors: Arkansas Home Sales Up 13 Percent in September

by Mark Carter 11/18/2015 09:49 am

Arkansas home sales increased by more than 13 percent in September while the price of those homes went up by more than 2 percent, according to data released Wednesday by the Arkansas Realtors Association.

Financial Quarter Works to Host 'Pop-Up' Event, Finalize Branding

by Alexis Hosticka 11/17/2015 02:50 pm

Financial Quarter organizers are working to implement phase one of a three-phase plan, beginning with a possible event in March that builds on the Little Rock Marathon.

Tech Park Board Extends Property Deadline for Richard Mays

by Mark Carter 11/16/2015 04:25 pm

The Little Rock Technology Park Authority Board votes Monday to give Richard Mays until Friday to accept the board's offer of $845,000 for his 10,000-SF property at 415 Main St.

Sherwood Lisa Academy Among Matthews Properties Tangled in Mortgage Shuffle

by Arkansas Business Staff 11/16/2015 12:00 am

It appears that Matthews Management Co. of Little Rock, one of the businesses descended from the Justin Matthews Sr. real estate empire in North Little Rock, is kaput.

Chenal Verizon Property Deal Leads Off Million-Dollar Quartet

by Arkansas Business Staff 11/16/2015 12:00 am

A commercial project in west Little Rock, a 100-room motel in southwest Little Rock, a commercial project near Mabelvale and a big home in Maumelle provide this week's quartet of million-dollar real estate transactions in Pulaski County.

Joey Dean Brings Economic Experience to Flake & Kelley (Movers & Shakers)

by Arkansas Business Staff 11/16/2015 12:00 am

Joey Dean has joined the brokerage team of Flake & Kelley Commercial's governmental consulting division, which is led by former Little Rock Mayor Jim Dailey.

Brookside Health & Rehab Sells for $5.6M (Real Deals)

by George Waldon 11/16/2015 12:00 am

A 143-bed nursing home in west Little Rock tipped the scales at $5.6 million. A 36-unit apartment project in North Little Rock sold for $2.2 million. And an 88-room motel in North Little Rock rang up an $800,000 transaction.

Retail Construction Projects Fall in Arkansas

by Mark Friedman 11/16/2015 12:00 am

Even though fewer retail projects are under construction in Arkansas this year compared with last, retail developers aren't worried. They're busy working on retail projects for next year.

Central Arkansas Industrial Vacancy Rate Falls

by Arkansas Business Staff 11/16/2015 12:00 am

The vacancy rate for industrial space in central Arkansas continued its slight downward trend in the third quarter.

Harps Expands Amid Competition from Wal-Mart, Kroger, Others

by Gwen Moritz 11/16/2015 12:00 am

Harps sold $708 million worth of groceries in the fiscal year that ended in August, enough to make it one of the 15 largest private companies based in Arkansas but a rounding factor for Wal-Mart Stores Inc., headquartered 18 miles away in Bentonville.

Uptown Fayetteville Rediscovers Popularity

by Marty Cook 11/16/2015 12:00 am

Jeremy Hudson and others are putting faith and money into the Steele Crossing area of north Fayetteville.

Commercial Construction Finds Home In Jonesboro

by George Waldon 11/16/2015 12:00 am

Several new projects and redevelopments along Jonesboro's thoroughfares are simmering, contributing to a tally of commercial construction that topped $66 million through the first nine months of 2015.

Big River Steel Mill Rises in Northeast Arkansas

by Jan Cottingham 11/16/2015 12:00 am

The construction of the Big River Steel mill is a project defined by superlatives: at $1.3 billion, the biggest economic development project in Arkansas history; at $700 million, the biggest construction project in the state; one of the most technologically advanced, etc.