Real Estate Archive

Party City, KFC Lead Off Recent Million-Dollar Deals

by Arkansas Business Staff 8/3/2015 12:00 am

A store in west Little Rock, a fast-food eatery in downtown Little Rock and a home near the Country Club of Little Rock provide our grouping of recent seven-digit deals.

Jonesboro's Highland Center Gets New Name in Retail Buy

by Arkansas Business Staff 8/3/2015 12:00 am

A 60,000-SF shopping center in Jonesboro has a new owner and will have a new name: The Highlands.

More Condemnation Cases Flow from Diamond Pipeline

by Arkansas Business Staff 8/3/2015 12:00 am

The condemnation cases tied to the $900 million Diamond Pipeline project continue to pile up.

Timeline: Scott Reed's Development Doings in Little Rock

by George Waldon 8/3/2015 12:00 am

A year-by-year look at Oregon developer Scott Reed's involvement in Main Street projects in Little Rock.

What $100 Means in Arkansas: A State-by-State Analysis

by Arkansas Business Staff 8/3/2015 12:00 am

The Tax Foundation, a nonprofit that studies tax policy, last month published a map showing the real value of $100 in each state in the country.

Little Rock Warehouse Sells for Almost $1.8M (Real Deals)

by George Waldon 8/3/2015 12:00 am

A 166,800-SF warehouse in south Little Rock weighed in at $1.78 million. Essick Air Products Inc. of Little Rock purchased the 3700 W. 65th St. project from 3700 West 65th LLC, led by Rick Ferguson.

ABTI Report: NWA Leads; Home Prices Drag Down Little Rock in May

by Alexis Hosticka 7/29/2015 10:18 am

May was a good month for the northwest Arkansas economy, according to the latest data from the Arkansas Tech Business Index.

Zero Mountain Plans Expansion at Fort Smith Headquarters

by Mark Carter 7/28/2015 10:06 am

Zero Mountain Inc., which provides cold and dry storage warehousing, is planning a $14 million, 90,000-SF expansion and has acquired a 206,000-SF warehouse adjacent to its headquarters on Highway 45 South.

Pulaski County Comes After John Rogers on Delinquent Property Tax

by Arkansas Business Staff 7/27/2015 12:00 am

In addition to the tens of millions that creditors are trying to get out of him, he and/or his ex-wife, Angelica, owe Pulaski County more than $150,000 in taxes.

Million-Dollar Quartet Comprised of Farmland, Rural Spreads

by Arkansas Business Staff 7/27/2015 12:00 am

A pair of farms in Lonoke County, a 6,600-SF restaurant in Bryant and a rural spread in Faulkner County provide this week's foursome of seven-digit deals.

Bank Office Numbers in the U.S. Outpace Population

by Arkansas Business Staff 7/27/2015 12:00 am

Despite the increased use of online and mobile banking, brick-and-mortar offices retain their dominance in the provision of banking services, at least for FDIC-insured institutions.

NLR Medical Office Draws $1.1M Sale (Real Deals)

by George Waldon 7/27/2015 12:00 am

Innovative Real Estate LLC, led by Ahmed Ghaleb, bought the former home of Stonebriar Imaging at 3320 Springhill Drive from Arvest Bank of Fayetteville.

Bentonville Developer Gets His Land at Hall Crossing (NWA Real Deals)

by Marty Cook 7/27/2015 12:00 am

Jason Pullman, through his Refined Retail LLC, paid slightly more than $1.2 million for a 1.9-acre lot in front of the Walmart Supercenter at Hall Crossing on Elm Springs Road in Springdale. Bear State Bank of Rogers assisted the purchase — and presumably the construction that will soon start — with a loan of $2.65 million.

9/11 Placed Marketer Margie Raimondo On New Path

by Jan Cottingham 7/27/2015 12:00 am

The ticket for 9/11's Flight 93 resides in Margie Raimondo's safe-deposit box, a tangible reminder that life is uncertain and you better make it count.

Judge Orders Liquidation of Allied Bank Parent Company

by George Waldon 7/24/2015 11:06 am

U.S. Bankruptcy Court Judge Ben Barry orders the liquidation of Acme Holding Co., the parent company of Allied Bank of Mulberry.

Deltic Timber 2Q Profit Down 85 Percent

by Lance Turner 7/22/2015 03:42 pm

Wet weather conditions and a slow housing market dampened second-quarter profit for Deltic Timber Corp. of El Dorado, the real estate and timber company reported Wednesday.

Update: Little Rock Board Votes on Next Steps for Tech Park

by Lance Turner 7/22/2015 10:27 am

The Little Rock Board of Directors voted Tuesday to provide $6.6 million in sales tax proceeds to the Little Rock Tech Park so it can purchase properties along Main Street for its permanent home.

Kavanaugh Branch Kicks Off Allied's Auction Run

by Mark Carter 7/21/2015 10:29 am

The Allied Bank branch at the intersection Kavanaugh and Cantrell in Little Rock's Heights neighborhood took to the auction block Tuesday morning, leading off a four-day run by Blackmon Auctions of Little Rock.

Park Avenue Lofts Sold in $36M Deal

by Arkansas Business Staff 7/20/2015 12:00 am

An affiliate of Equity Resources LLC of Birmingham, Alabama, bought the 258-unit, upscale apartment project at 320 S. University Ave. for $36 million. That's nearly $140,000 per unit.

Shake's CEO Corey Osborne Goes for Slice of Fayetteville Pizza Market

by Arkansas Business Staff 7/20/2015 12:00 am

Corey Osborne, the CEO of Shake's Frozen Custard of Fayetteville, is branching out with a new fast-casual restaurant.