Real Estate Archive

Duo of Million-Dollar Properties Highlight Recent Pulaski County Sales

by Arkansas Business Staff 7/6/2015 12:00 am

A grand Little Rock home and a North Little Rock medical office provide our tandem of million-dollar transactions.

Plans for Small Shopping Center on Fayetteville's MLK Taking Shape

by Arkansas Business Staff 7/6/2015 12:00 am

Rodney Ghan and Bob Cooper of R.H. Ghan & Cooper Commercial Properties of Fort Smith have bought a lot on West Martin Luther King Boulevard in Fayetteville with the intent of developing a two-tenant shopping center.

Millennials Rising as Biggest Share of Workforce

by Arkansas Business Staff 7/6/2015 12:00 am

The millennial generation earlier this year passed Generation X to become the largest share of the U.S. workforce, the Pew Research Center says.

Growing Participation Means Longer List of Largest Trade & Professional Unions

by Austin DuVall 7/6/2015 12:00 am

The Arkansas Business list of the state's largest trade and professional associations is back after a four-year hiatus, complete with 15 new entries because of greater participation.

Woodland Heights Sells In $13.9M Transaction (Real Deals)

by George Waldon 7/6/2015 12:00 am

A 142-unit independent living center in Little Rock tipped the scales at $13.9 million. A nearly 1,150-acre farm in southeast Pulaski County weighed in at $2.25 million. And a 3,708-SF residence-turned-business in Little Rock's Hillcrest area changed hands in a $525,000 deal.

Industrial Activity Simmering Beneath Flat Market Veneer

by George Waldon 7/6/2015 12:00 am

Market conditions are reaching the tipping point to launch construction and add fresh product to the warehouse inventory in the Little Rock area.

Property Turnover Shakes Up Retail Market As National Buyers Eye Space

by George Waldon 7/6/2015 12:00 am

The vacancy rate for retail space in the Pulaski County market continued to loosen slightly with a first quarter reading of 6.3 percent. A year ago, that number stood at 5.2 percent.

Office Market Tips Toward Landlords As Vacancy Rate Drops

by George Waldon 7/6/2015 12:00 am

The occupancy rate in the Pulaski County office market during the past 12 months tightened to 91.5 percent. During the first quarter 2014, the average occupancy stood at 88.7 percent.

Hutchinson Announces State Board Appointments

by Arkansas Business Staff 7/2/2015 09:29 am

Gov. Asa Hutchinson announced the latest round of appointments to state boards, panels and committees.

June Economic Report Affirms Slow Growth Ahead in Midwest

by Associated Press 7/1/2015 07:47 am

Data from a June survey echo previous signs that slower economic growth likely lays ahead for nine Midwestern and Plains states, according to a report released Wednesday.

New Construction Boosts Conway on Business Index

by Mark Carter 6/30/2015 09:37 am

New home construction boosted Conway to near the top of the Arkansas Tech Business Index for April 2015.

Slideshow: 40 Under 40 Honorees Recognized At Luncheon

by Alexis Hosticka 6/29/2015 12:00 am

The 2015 class of Arkansas Business' 40 Under 40 were honored at a luncheon at the Embassy Suites in Little Rock on Wednesday. Each honoree gave a brief acceptance speech and answered questions such as, “What advice would you give your 20-year-old self?” and “What do you want your legacy to be 20 years from now?”

Former Jennings Osborne Homes Getting New Owners

by Arkansas Business Staff 6/29/2015 12:00 am

Did you know a change of ownership is visiting two of the three Cantrell Road houses owned by the late Jennings Osborne?

Fred & Jack's Trailer Property Ahead in Saline County Seven-Digit Deals

by Arkansas Business Staff 6/29/2015 12:00 am

Commercial property, a package of 18 residential properties, a 103-bed nursing home and a group of multifamily properties form our quartet of seven-digit Saline County transactions.

Bentonville's Thrive Apartments Full After One Month

by Arkansas Business Staff 6/29/2015 12:00 am

Thrive Apartments, a mixed-used complex with 62 units, are at the intersection of Southwest A and Southwest Fourth streets a few blocks off the downtown Bentonville square. ERC Cos. of Barling built the complex through its in-house ERC Construction and it opened June 1.

Redfin Enters Little Rock Market

by Austin DuVall 6/29/2015 12:00 am

William Porterfield — a long-time executive broker at Pike Realty Group and then executive broker for Blackwood Realty, both of Little Rock — has been appointed to head Redfin's central Arkansas operation as market manager and principal broker.

Church Buys Adjacent Site For $405,000 (NWA Real Deals)

by Marty Cook 6/29/2015 12:00 am

St. Paul's Episcopal Church of Fayetteville bought the building that housed the law firm of Estes, Gramling & Estes at 19 Dickson St.

Denver Firm Pays $6M For Westgate Center (Real Deals)

by George Waldon 6/29/2015 12:00 am

The sale of a 53,000-SF retail center in Little Rock weighed in at $6 million. A 43,798-SF retail building is undergoing redevelopment as a warehouse after a $1.2 million deal. And a 12,175-SF office-warehouse project in the Riverdale area of Little Rock changed hands in a $714,000 sale.

Home Ownership in Arkansas (Scott McElmurry Commentary)

by Scott McElmurry 6/29/2015 12:00 am

For several generations, owning a home has represented the biggest investment most people make, and it's at the top of the list of items that define the “American Dream.” Conventional wisdom has held that homeownership is a critical facet to overall financial stability. A recent survey revealed that while most respondents thought that owning a home is a good investment, their perception of the investment as “safe” has changed.

Innovation Hub Expanding to NWA in Partnership with Fayetteville Chamber

by Mark Carter 6/25/2015 11:36 am

The Arkansas Regional Innovation Hub, in partnership with the Fayetteville Chamber of Commerce, will expand to northwest Arkansas, officials announced Thursday.

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