Real Estate Archive

Nettleton Baptist Buys Fairgrounds in Jonesboro for $6.65M

by Alexis Hosticka 6/29/2016 02:40 pm

Nettleton Baptist Church has closed on a $6.65 million purchase of the Northeast Arkansas District Fairgrounds property at 7001 E. Johnson Ave. in Jonesboro.

Asa Hutchinson Makes Appointments to Boards, Commissions

by Arkansas Business Staff 6/29/2016 10:44 am

Gov. Asa Hutchinson on Wednesday announced the following appointments to state boards, commissions and other entities.

Survey: Arkansas Consumers Planning for Bigger Purchases, Saving More

by Arkansas Business Staff 6/29/2016 09:36 am

Arkansas consumers expect to make large purchases now because they're seeing low unemployment rates, lower interest rates and the possibility of inflation, according to a new survey.

Nominate Now for Arkansas Business '20 in Their 20s'

by Arkansas Business Staff 6/28/2016 09:41 am

Arkansas Business is once again taking nominations for its annual "20 in Their 20s" list, which honors young professionals in their 20s.

Settlement Reached Between One Bank, BHL Financing

by Arkansas Business Staff 6/27/2016 12:00 am

The litigation between Johnelle Hunt's BHL Financing LLC and Little Rock's One Bank & Trust is no more.

Simmons Sells 40 OREO Acres in Rogers for $6.7M

by Arkansas Business Staff 6/27/2016 12:00 am

A Texas investment management group has made another large purchase of commercial land in Rogers.

Papa Murphy's Expands Pizza Plans for Little Rock

by Arkansas Business Staff 6/27/2016 12:00 am

Papa Murphy's, the “take-and-bake” pizza chain, has big plans for central Arkansas as it seeks to expand throughout the Midwest and South, says its chief development officer, Jayson Tipp.

Dromborg Castle in Fayetteville for Sale — for $9.7M

by Marty Cook 6/27/2016 12:00 am

Joan and Bruce Johnson, who translated their love for “a time of yore” into a 12,000-SF “castle,” have put that regal home, which took them four years to build, up for sale.

After Boom in Shale, Arkansas Gas Industry Faces Halt in Drilling

by Kyle Massey 6/27/2016 12:00 am

After a decade-long, multibillion-dollar bonanza of natural gas production in an Arkansas field called the Fayetteville Shale, the bust has landed with a thud.

Farmland Produces $4.5M Transaction (Real Deals)

by George Waldon 6/27/2016 12:00 am

Resicomm Properties LLC, led by Bryan and Sonja Glaze, bought the 1,145-acre farm in southeast Pulaski County, a mile southeast of Sweet Home along Fourche Creek and Harper Road.

Site of Oops In Farmington Brings $1.12M (NWA Real Deals)

by Marty Cook 6/27/2016 12:00 am

A 32,000-SF building that used to be the home of a Marvin's IGA in Farmington has been sold for the second time in 18 months.

Colliers International Adds Meredith Gann to Little Rock Office (Movers & Shakers)

by Arkansas Business Staff 6/27/2016 12:00 am

Meredith Gann has joined the management team at Colliers International Arkansas of Little Rock as a property manager. Gann will oversee a 231,150-SF portfolio that includes University Tower, the Huron Building in Little Rock and Eagle Mountain Shopping Center in Batesville.

Two Former Walmart Express Stores to Reopen As Harps

by Alexis Hosticka 6/23/2016 01:44 pm

Harps Food Stores Inc. of Springdale announced Thursday that two of the Arkansas Walmart Express locations it acquired earlier this month will reopen as Harps stores over the next 11 weeks.

Burgundy Book: Most Arkansans Expect Economic Conditions To Stay the Same

by Sarah Campbell 6/22/2016 11:14 am

According to a May survey of business contacts, 69 percent expect economic conditions in 2016 will be about the same as last year, an improvement from three months earlier, when a little less than half expected conditions to worsen.

FedEx Facility in Mabelvale Sold for $31.7M

by Sarah Campbell 6/21/2016 02:27 pm

A 311,684-SF FedEx Ground facility on 44 acres in Mabelvale sold for $31.7 million, commercial real estate investment services firm Marcus & Millichap of California announced Tuesday.

Update: Downtown LR Montessori School Closed, Parents Told by Email

by Gwen Moritz 6/21/2016 01:02 pm

Urban Garden Montessori, the private school that opened in the fall of 2014 on Main Street in downtown Little Rock, closed last week, according to an email to parents from Vera Chenault, head of school.

Report: Northeast Arkansas Residential Real Estate 'Steady, Solid'

by George Jared 6/20/2016 10:38 am

As the economy and real estate markets have improved around the country, northeast Arkansas has had steady growth, according to Northeast Arkansas Realtors Association President Chrissie Wright.

EStem Goes East With Warehouse Buy

by Arkansas Business Staff 6/20/2016 12:00 am

A Shall Avenue property has been purchased by eStem Public Charter Schools as a future location for its new elementary and middle school in Little Rock.

NLR Bowling Alley Picks Up $2.3M Deal

by Arkansas Business Staff 6/20/2016 12:00 am

A bowling center in North Little Rock, an apartment project in downtown Little Rock, commercial land in west Little Rock and a former antiques store-floral shop-bank branch property in the Heights area of Little Rock.

Arkansas Business Presents the 40 Under 40 Class of 2016

by Gwen Moritz 6/20/2016 12:00 am

This week's Arkansas Business is dedicated to our 23rd class of 40 Under 40 honorees, those young leaders of business, government and nonprofits that our internal selection team believes readers need to know.