Real Estate Archive

Wingate by Wyndham Hosts $2.9 Million Sale (Real Deals)

by George Waldon 3/30/2015 12:00 am

The sale of a 62-room hotel in North Little Rock weighed in at $2.92 million. A 20,332-SF building in downtown Little Rock changed hands in a $975,000 transaction. And a 1,728-SF convenience store in west Pulaski County is under new ownership after a $519,875 sale.

Nettleton Bridge Project Making Progress in Jonesboro

by Mark Friedman 3/30/2015 12:00 am

A railroad overpass project at Highland Drive and Nettleton Avenue in Jonesboro continues to make progress, but it still is years away from being completed.

Arkansas Labor Force Rises by 9,000

by Arkansas Business Staff 3/30/2015 12:00 am

As the unemployment rate in Arkansas is falling the size of the labor force is increasing, as these charts by Michael Pakko, the state's economic forecaster, show.

Jonesboro Developer Bruce Burrow's Pyrrhic Victory

by George Waldon 3/30/2015 12:00 am

Officially launched 11 years ago, The Mall at Turtle Creek represents a landmark development long envisioned for the property by Bruce Burrow. The hybrid retail project — part mall and part lifestyle center — became a high-water mark in his storied career.

US Economic Growth Might Be Mild, But It's Also Really Durable

by Associated Press 3/27/2015 11:45 am

The U.S. economy's tepid performance last quarter — a 2.2 percent annual growth rate, the government said Friday — was typical of the economic rebound that began in the summer of 2009.

Arkansas Jobless Rate Down to 5.5 Percent

by Arkansas Business Staff 3/27/2015 09:47 am

The state's unemployment rate fell to 5.5 percent in February, down a tenth of a percentage point from January, according to data released Friday by the state Department of Workforce Services.

Asa Hutchinson Names Mike Preston as New AEDC Director

by Arkansas Business Staff 3/26/2015 10:58 am

Gov. Asa Hutchinson on Thursday announced Mike Preston as the new executive director of the Arkansas Economic Development Commission.

Windstream Board Gives Final Approval for REIT

by Sean Beherec 3/26/2015 10:09 am

The company said that the board's decision to spin off certain network assets into the new company, Communications Sales & Leasing Inc., will also result in a prorated cash dividend upon its closing.

Little Rock Burgundy Book Shows Optimism

by Arkansas Business Staff 3/24/2015 02:51 pm

The Federal Reserve Bank of St. Louis' latest Burgundy Book showed "improving optimism" in the Fed district's Little Rock Zone, which includes all but the northeast part of the state.

Arkansas State University to Hold Women's Business Leadership Conference April 2

by Arkansas Business Staff 3/23/2015 02:41 pm

Arkansas State University in Jonesboro is holding a Women's Business Leadership Conference on April 2 in Centennial Hall at the Carl R. Reng Student Union and at the Delta Center for Economic Development.

Pediatrics Plus Purchase Leads Off Recent Million-Dollar Deals

by Arkansas Business Staff 3/23/2015 12:00 am

Two west Little Rock properties, a children's health care and learning center and an office-retail/bowling alley project, top this week's six-pack of seven-digit deals.

Magellan Submits More Eminent Domain Petitions for Pipeline

by Arkansas Business Staff 3/23/2015 12:00 am

The company, a subsidiary of Magellan Midstream Partners LP of Tulsa, has filed at least five petitions in Sebastian County and two more petitions in Pulaski County in the last three weeks, according to court records.

Value of $1 Million-Plus Deals Jumps 70 Percent

by George Waldon 3/23/2015 12:00 am

The number of $1 million-plus commercial real estate deals in Pulaski County didn't increase significantly during 2014. But the same can't be said for the dollar total of the transactions, which ballooned by a whopping 70 percent compared with 2013.

Developers See Surge In Northwest Arkansas Activity

by Marty Cook 3/23/2015 12:00 am

Cody Crawford, the president of C.R. Crawford Construction of Fayetteville, has his hands full with work these days. He's not alone — the region is showing signs of shrugging off the hangover of the recession.

Conway Builders Enjoying Boom as City Expands

by Sean Beherec 3/23/2015 12:00 am

The city of Conway is on the verge — if it hasn't reached it yet — of a boom in commercial real estate availability. Just up Interstate 40 from Little Rock, the city has been the host of several recent development projects and is set to begin more in the coming years.

Arkansas Baptist's Fitz Hill Sees Education, Urban Revitalization and Investments Intertwined

by Arkansas Business Staff 3/23/2015 12:00 am

Dr. Fitz Hill, who was born and raised in Arkadelphia, was named president of Arkansas Baptist College in 2006. He talks to Arkansas Business about his vision for education and urban renewal.

$6 Million Transaction Visits LR Airport Hotel (Real Deals)

by George Waldon 3/23/2015 12:00 am

A 201-room hotel and adjoining restaurant in east Little Rock tipped the scales at $6 million. Two Walgreens were sold for a combined $10.7 million. And the Village Shopping Center in Little Rock rang up a $3.04 million sale.

Gabe Holmstrom to Lead Downtown Little Rock Partnership

by Arkansas Business Staff 3/20/2015 08:59 am

The Downtown Little Rock Partnership on Friday announced Gabe Holmstrom as its new executive director.

Saline Memorial Breaks Ground on Bryant Campus

by Arkansas Business Staff 3/18/2015 10:10 am

The campus will be called the Saline Memorial Bryant Medical Campus. It will be located at the intersection of Market Place Drive and Highway 5, just north of the Ashley Furniture Home Store and Wal-Mart in Bryant.

Teresa Richards Named GM at Outlets of Little Rock

by Arkansas Business Staff 3/16/2015 12:54 pm

New England Development of Newton, Massachusetts, has named Teresa Richards as general manager of Outlets of Little Rock in the Gateway Town Center.

Search

Latest Arkansas Business Poll

Is the new religious objections law a good compromise?