Real Estate Archive

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.

Fulk-Democrat Building to Be Redone as Apartments

by Alexis Hosticka 6/25/2015 10:42 am

Moses Tucker Real Estate has broken ground on a 14,000-SF apartment and retail project in the Fulk-Democrat Building in downtown Little Rock's Main Street Creative Corridor.

Burgundy Book Shows Transportation Industry Growth

by Alexis Hosticka 6/25/2015 09:34 am

More than half of businesses expect that economic conditions in 2015 will be better than in 2014, according to a survey in the Little Rock Zone of the Federal Reserve Bank of St. Louis.

Bell Partners, Inc. Sells Five Apartment Communities in Little Rock

by Alexis Hosticka 6/24/2015 02:42 pm

Bell Partners Inc., an apartment investment and management company, announced today it has disposed of eight properties (1,679 apartment homes) in Arkansas and North Carolina.

CHI St. Vincent Hot Springs Partnering with HealthSouth on Rehab Hospital

by Arkansas Business Staff 6/24/2015 10:27 am

CHI St. Vincent Hot Springs has partnerted with HealthSouth Corp. to jointly own and operate an existing 20-bed inpatient rehabilitation unit with plans to relocate and expand it to 40 beds.

Arkansas Business Presents the 40 Under 40 Class of 2015

by Gwen Moritz 6/22/2015 12:00 am

This week's Arkansas Business is dedicated to our 22nd class of 40 Under 40 honorees, those young leaders of business, government and nonprofits that our internal selection team believes readers need to know.

Kenny Gunderman Leads Buy of Acreage Near Wrightsville

by Arkansas Business Staff 6/22/2015 12:00 am

A nearly 1,150-acre farm in southeast Pulaski County and a 7,847-SF office building in west Little Rock are the dynamic duo for this week's seven-digit transactions.

New Tenants Making Connection at Bentonville's Rainbow Junction Center

by Arkansas Business Staff 6/22/2015 12:00 am

The 30,000-SF mall has one anchor tenant already in ATA Martial Arts, and it has two signed contracts with Mathnasium and LaVida Massage. Mathnasium, a learning center, is expected to open within a couple of months.

Taekwondo Association To Reveal Little Rock HQ Plans

by Austin DuVall 6/22/2015 12:00 am

ATA International will break ground Wednesday on its new $13 million, 45,300-SF world headquarters in Little Rock.

NLR Warehouse Draws $1.4 Million Transaction (Real Deals)

by George Waldon 6/22/2015 12:00 am

A 22,500-SF warehouse in North Little Rock tipped the scales at $1.46 million. A 13.7-acre residential parcel in west Little Rock weighed in at $1.25 million. And a 1,866-SF fast-food eatery in Little Rock is under new ownership after a $1 million transaction.

The Value of Humility (Editorial)

by Arkansas Business Editors 6/22/2015 12:00 am

Interviewing our 40 Under 40 honorees remains for the Arkansas Business staff an interesting and often uplifting assignment despite years of experience. Reading the stories of so many productive people is a cure for cynicism.

Former 40 Under 40 Member Chris Olsen on Staying Evergreen in Business

by Arkansas Business Staff 6/22/2015 12:00 am

In partnership with his father, Chris Olsen bought the Doramus landscape company in 1996, changing the name to Horticare and selling it in 2005. In 2003, he opened his second home and garden store, Botanica Gardens. In May, Olsen opened Plantopia Home & Garden Center in North Little Rock.