Real Estate Archive

Scooter Stuart's Tainted Assets Draw More Fire

by George Waldon 9/1/2014 12:00 am

This year's number of new lawsuits surrounding the controversial business affairs of the late Layton “Scooter” Stuart indicates the rancor is only growing.

Central Arkansas Retail Space Vacancy Rate Stays Stable

by Arkansas Business Staff 9/1/2014 12:00 am

The vacancy rate for commercial retail space in central Arkansas stood at 5.3 percent in second-quarter 2014, compared with the first-quarter rate of 5.2 percent and the year-earlier rate of 6 percent.

Metro Builders Property Weighs In at $3.8 Million (Real Deals)

by George Waldon 9/1/2014 12:00 am

A commercial project in North Little Rock shifted ownership in a $3.8 million transaction. Dozens of lots in North Little Rock's Villages of San Luis residential development were sold in combined transactions totaling $1.56 million. And a 17,234-SF nonprofit facility in midtown Little Rock tipped the scales at $1.35 million.

David Henry Home Set for Thursday Auction at Pulaski County Courthouse

by Arkansas Business Staff 9/1/2014 12:00 am

In addition to a five-year prison sentence for mail fraud and tax evasion, attorney David Henry Sr. forfeited his Little Rock home as part of a restitution plan to pay back $1.02 million.

One Bank Makes Claim on Branch Property Titled to Scooter Stuart Partnership

by Arkansas Business Staff 9/1/2014 12:00 am

A lawsuit challenges who owns the OneBanc branch at 14711 Cantrell Road in west Little Rock. Real estate records indicate a general partnership called Bank Partners. One Bank & Trust claims it is the rightful owner.

Main Street Walgreens Tops List of Recent Seven-Digit Deals

by Arkansas Business Staff 9/1/2014 12:00 am

This week's roster of million-dollar transactions includes samplings from the retail, residential and industrial sectors.

Realtors: July Home Sales Up Nearly 11 Percent

by Arkansas Business Staff 8/28/2014 10:41 am

Arkansas home sales rose nearly 11 percent in July compared to the same month last year, according to a report Thursday by the Arkansas Realtors Association.

Arvest Consumer Survey: Arkansans Have Debts, Saving Rates Similar to Region

by Lee Hogan 8/26/2014 09:18 am

Arkansas consumers have similar debts and saving rates to their neighbors in Missouri and Oklahoma, according to the final release of the first Arvest Bank Consumer Sentiment Survey.

Trinity Renewed: Keller Links Health of Episcopal Church to Community

by Jan Cottingham 8/25/2014 12:00 am

When he took office six months ago, the Rev. Christoph Keller III told Little Rock developer Rett Tucker, a longtime church member who helped recruit Keller, that he intended to be an “energetic interim.” To that end, Keller has launched an effort to reinvigorate the cathedral, which will mark the 130th anniversary of its downtown founding on Oct. 30.

$50M Revitalization Plan Aims To Turn El Dorado into Cultural Mecca

by Michelle Corbet 8/25/2014 12:00 am

With a declining population and an unstable job market, the city of El Dorado is investing in quality of life in an effort to boost its economy.

North Little Rock's Rockwater Residences Poised for Relaunch

by George Waldon 8/25/2014 12:00 am

The opening round of single-family development is about to launch at Rockwater Village in North Little Rock. Seven of the 33 lots are under contract to future residents of the riverside neighborhood.

Planned LR Marina Remains on Inactive Status

by George Waldon 8/25/2014 12:00 am

The Rock City Marina & Yacht Club in Little Rock remains a drawing board project along the Arkansas River, and the proposed site at the end of East Second Street awaits groundbreaking.

Central Arkansas Commercial Office Vacancy Rate Declines

by Arkansas Business Staff 8/25/2014 12:00 am

The vacancy rate for commercial office space in central Arkansas continued its downward slide in the second quarter of this year, according to the Central Arkansas Commercial Data Exchange.

LR Retail Centers Draw $6.1 Million Transaction (Real Deals)

by George Waldon 8/25/2014 12:00 am

Two retail projects in southwest Little Rock tipped the scales at $6.1 million. Geyer Springs Shopping Center LLC of Brooklyn, New York, bought its namesake 152,852-SF property at 8717 Geyer Springs Road and the 21,760-SF Geyer South project at 8521 Geyer Springs Road.

Emily Plaza To Get New Look, CVS to Start Construction in Springdale (NWA Real Deals)

by Marty Cook 8/25/2014 12:00 am

Mathias Shopping Centers Inc. of Springdale did a $2.5 million swap with Five Forty Properties LLC of Little Rock. And CVS Caremark Corp. of Woonsocket, Rhode Island, is scheduled to begin construction later this month on a pharmacy in Springdale.

Friends of Brandon Barber Call for Leniency

by Arkansas Business Staff 8/25/2014 12:00 am

Disgraced northwest Arkansas real estate developer Brandon Barber wants to be sentenced to five years or less in federal prison instead of the nearly 20 years that federal prosecutors are pushing for. His friends have filled a court filing with supportive statements.

Lonoke County Racks Up Million-Dollar Deals

by Arkansas Business Staff 8/25/2014 12:00 am

Farmland dominates this week's serving of large real estate transactions in Lonoke County.

Zoës Kitchen, Chipotle Step Up to Plate of College Marketplace

by Arkansas Business Staff 8/25/2014 12:00 am

Two eateries are in the pipeline to set up shop at College Marketplace in Fayetteville: Zoes Kitchen Inc. of Plano, Texas, and Chipotle Mexican Grill.

IberiaBank Sheds Springdale Business Center for $1.78M

by Arkansas Business Staff 8/25/2014 12:00 am

An OREO property of IberiaBank since 2011, the Springdale Business Center was purchased by Hillcrest Holdings LLC of Fayetteville, led by Robert Morgan and Gary Nichols.

Arkansas Homes Sales Up 10 Percent in June

by Arkansas Business Staff 8/22/2014 11:14 am

Home sales rose 10.4 percent in June, according to a report Friday by the Arkansas Realtors Association.