Real Estate Archive

Gander Mountain Draws $7.2 Million Transaction (Real Deals)

by George Waldon 3/9/2015 12:00 am

The sale of a 123,872-SF store in Sherwood tipped the scales at $7.2 million. A 25,000-SF office-warehouse facility in North Little Rock weighed in at $2.19 million. And the location for a convenience store development in west Little Rock was assembled in two deals totaling $2.1 million.

‘Sovereign' Actions Delay, Fail to Stop Foreclosures

by George Waldon 3/9/2015 12:00 am

Two long-running foreclosure actions involving the west Little Rock homes of similarly named brothers are winding down as their legal maneuverings are playing out.

Average US Rate on 30-Year Mortgage Drops to 3.75 Percent

by Associated Press 3/5/2015 10:44 am

Average long-term mortgage rates have fallen for the first time in four weeks and remain near historic lows reached in May 2013.

Vestcom International to Move Headquarters to One Cantrell Building

by Lance Turner 3/3/2015 11:29 am

Vestcom International has signed a lease for four suites totaling more than 37,000 SF in the One Cantrell building at 2800 Cantrell Road in Little Rock.

O'Reilly Hospitality Buys Holiday Inn, Boston's Restaurant Near Airport

by Lance Turner 3/2/2015 02:48 pm

O'Reilly Hospitality Management LLC of Springfield, Missouri, has purchased and now manages the 201-room Holiday Inn Little Rock-Airport-Conference Center and the Boston's Restaurant near the Bill and Hillary Clinton National Airport in Little Rock.

Nine Billionaires with Arkansas Ties Make Forbes 500 List

by Mark Carter 3/2/2015 10:33 am

Nine billionaires with Arkansas ties find themselves on the most recent Forbes 500 list of the world's richest people, released this week.

Iron Yard Coding School: A 'Game Changer' for Arkansas Tech Startup Scene

by Mark Carter 3/2/2015 12:02 am

The Iron Yard coding school will launch in Little Rock this May, and it's being hailed as a “game changer” for the state in the evolution of its budding tech startup ecosystem.

Texas Ratios Mostly Improve For Lenders

by George Waldon 3/2/2015 12:00 am

Seven Arkansas lenders recorded Texas Ratios higher than 50 during the third quarter in 2014. Four of those improved their balance sheet by year's end to fall below that line.

Pyramid Transaction Adds Up to $2.9M (Real Deals)

by George Waldon 3/2/2015 12:00 am

A 17,192-SF commercial project in west Little Rock weighed in at $2.9 million. More than 168 acres near Maumelle are under new ownership after a $1.2 million foreclosure sale. And an 11.5-acre apartment tract in west Little Rock changed hands in a $1.1 million deal.

Central Arkansas Industrial Vacancy Rate Slips

by Arkansas Business Staff 3/2/2015 12:00 am

The vacancy rate for industrial space in central Arkansas fell slightly in fourth-quarter 2014, slipping to 11.6 percent compared with 11.7 percent in the third quarter and 11.8 percent in fourth-quarter 2013.

Compass Pointe Plans To Purchase Woodland Heights

by Arkansas Business Staff 3/2/2015 12:00 am

Compass Pointe Healthcare Systems of Baltimore has struck a deal to buy the 142-unit independent living center from the Arkansas Teacher Retirement System.

Will The Shack Make a Comeback?

by Arkansas Business Staff 3/2/2015 12:00 am

The Shack, remembered as barbecue nirvana by its devotees, is on the drawing board to reappear on the dining scene at 402 E. Third St.

Two Big Apartment Buys Expected in Benton County

by Arkansas Business Staff 3/2/2015 12:00 am

We're told to expect two sizable apartment transactions to close soon in northwest Arkansas: the 280-unit Stoneleigh Centerton and the 240-unit Stone Manor in Rogers.

Del Frisco's Grille To Take Front and Center Position at Promenade

by Arkansas Business Staff 3/2/2015 12:00 am

Perhaps you heard that Del Frisco's Grille is coming to The Promenade at Chenal in what will be its first Arkansas location. But where will Del Frisco's Restaurant Group set up shop at the 37.8-acre west Little Rock development?

Bricktown Brewery Crosses Into Fort Smith for Expansion

by Associated Press 3/1/2015 01:39 pm

ort Smith is redeveloping its downtown into a destination point, with restaurants and retail stores leading people to the scenic Arkansas River.

A-State Negotiates for Embassy Suites, Conference Center on Campus

by Lance Turner 2/27/2015 02:59 pm

Arkansas State University is negotiating with O'Reilly Hospitality Management LLC for a land lease agreement that would develop an Embassy Suites hotel, a conference center and Houlihan's restaurant on campus.

Signed Contracts to Buy US Homes Rise to 18-Month High

by Associated Press 2/27/2015 11:23 am

The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year.

US Economic Growth in Q4 Revised Down to 2.2 Percent

by Associated Press 2/27/2015 11:22 am

The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit.

Cameron Smith, Karen Fetzer Named Top Executives at Arkansas Business of the Year Awards

by Arkansas Business Staff 2/27/2015 05:14 am

Cameron Smith of Cameron Smith Associates of Rogers and Karen Fetzer of the Rotary Club of Little Rock won executive of the year awards at Thursday's 27th annual Arkansas Business of the Year Awards at the Statehouse Convention Center in Little Rock.

Meet the Finalists of the 27th Annual Arkansas Business of the Year Awards

by Arkansas Business Staff 2/26/2015 11:37 am

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. Readers make nominations and an independent panel of judges selects the winners.