Real Estate Archive

Tandem WLR Sales Add Up to $6.1 Million (Real Deals)

by George Waldon 10/26/2015 12:00 am

The sale of a trampoline park in west Little Rock weighed in at $3.43 million. Central Dental office on Chenal Parkway sold for $2.7 million. And a 20,316-SF retail center in southwest Little Rock changed hands in a $767,405 sale.

Oklahoma Investor Buys Mountain View Apartments in Fayetteville (NWA Real Deals)

by Marty Cook 10/26/2015 12:00 am

Raymond Merrill, through his Levi Storage Center LLC, paid $4.5 million for the 114-unit Mountain View Apartments on South Silverado Drive in Fayetteville. RCB Bank of Broken Arrow assisted the purchase with a loan of $3.825 million.

Slow Housing Recovery Drags on Deltic Timber Earnings

by Lance Turner 10/21/2015 03:41 pm

Deltic Timber Corp. of El Dorado on Wednesday reported a net profit of just $38,000, down from $6 million in the same quarter last year.

Brookside Sale Tops Latest Six-Pack of Seven-Digit Deals

by Arkansas Business Staff 10/19/2015 12:00 am

A Little Rock nursing home, a hotel and an apartment project in North Little Rock, a former post office in west Little Rock, a North Little Rock church and a home in the Heights provide our six-pack of multimillion-dollar transactions.

Citizens Bank Not Cooling Off in Hot Springs

by Arkansas Business Staff 10/19/2015 12:00 am

Last week's news that Citizens Bank of Batesville is buying Parkway Bank of Rogers should surprise exactly no one who has been watching Citizens since Phil Baldwin was hired as CEO two years ago.

Relyance Bank To Add New Little Rock Location in 2016

by Arkansas Business Staff 10/19/2015 12:00 am

Relyance Bank of Pine Bluff is gearing up for its third Little Rock branch, a 2,656-SF office at 14220 Cantrell Road.

Fayetteville's QBox Takes a Coffee Break, Moves Into New Suite

by Arkansas Business Staff 10/19/2015 12:00 am

VentureBeat reported that Qbox received $2.4 million in funding in September. The money has come in handy because Qbox is hiring; CEO Mark Brandon said the company wants to add as many as 15 in the next year.

Promenade Retail Draws $4.3 Million Transaction (Real Deals)

by George Waldon 10/19/2015 12:00 am

An 8,880-SF retail project in west Little Rock tipped the scales at $4.3 million. A 10,796-SF pediatric therapy center in west Little Rock is under new ownership after a $1.89 million transaction. And a nine-unit condo project in downtown Little Rock changed hands in a $640,000 deal.

Richard Mays Disputes Property Valuation as Tech Park Considers Eminent Domain

by Mark Carter 10/15/2015 11:51 am

The Little Rock Technology Park Authority Board is eyeing the last piece of the park's Phase 1 puzzle and is prepared to claim eminent domain to put it into place.

Arkansas Business Hall of Fame to Induct 4

by Arkansas Business Staff 10/14/2015 10:56 am

The 2016 inductees are: William T. Dillard II of Dillards Inc.; Dr. George K. Mitchell, former Arkansas Blue Cross and Blue Shield CEO; former Gov. Winthrop Rockefeller; and Patricia P. Upton of Aromatique.

Dillard's Delayed at Conway's Shoppes at Central Landing

by Arkansas Business Staff 10/12/2015 12:00 am

Dillard's announced in August 2014 that it was going to be a key anchor for the Shoppes at Central Landing. But pieces of the project were contingent on infrastructure being completed.

Chenal Creek Shopping Center Leads Off Recent Million-Dollar Transactions

by Arkansas Business Staff 10/12/2015 12:00 am

A west Little Rock shopping spot, a North Little Rock clinic, a monster house in west Little Rock and a residential spread in west Pulaski County provide our quartet of seven-digit deals.

Quail Flats Buy Retail Property in Springdale

by Arkansas Business Staff 10/12/2015 12:00 am

Quail Flats Properties of Fort Worth bought a half-acre property at the intersection of Highway 412 and Thompson Street in Springdale.

Residential Land Tops $1.2M in Maumelle (Real Deals)

by George Waldon 10/12/2015 12:00 am

A 37.5-acre single-family tract in Maumelle weighed in at $1.25 million. A 7,168-SF dance studio in North Little Rock changed hands in a $677,225 sale. And a 3,844-SF condo in downtown Little Rock tipped the scales at $1.2 million.

Update: Tyson Foods to Put 300 Workers in Downtown Springdale

by Marty Cook 10/8/2015 02:07 pm

Tyson Foods Inc. of Springdale on Thursday announced plans to locate 300 workers in a new two-story, 44,000-SF building in downtown Springdale.

FEMA Gives Arkansas $574K for Flood Mapping

by Arkansas Business Staff 10/8/2015 11:10 am

A program by the Federal Emergency Management Agency has given more than $1.7 million to agencies in Arkansas, Louisiana, New Mexico and Oklahoma to maintain up-to-date flood hazard maps and other flood hazard information.

Outlets of Little Rock Nears Opening, Announces 14 More Retailers

by Alexis Hosticka 10/7/2015 02:19 pm

Outlets of Little Rock, Arkansas' only outlet shopping center, announced additional stores today. Set to open to the public Friday, Oct. 16, Outlets of Little Rock are located next to Bass Pro Shops.

Hilton Garden Inn To Keep Reservation in Little Rock

by Arkansas Business Staff 10/5/2015 12:00 am

Ground should be broken during the next 30 days for the seven-story, 140-room Hilton Garden Inn in downtown Little Rock.

WLR Executive Court Property Sold in $4.5 Million Deal

by Arkansas Business Staff 10/5/2015 12:00 am

An office building, a church property, a retail project and a nonprofit facility in Little Rock plus a substantial residence in west Pulaski County provide this week's million-dollar transactions.

Shareholders Behind Wilson Park Apartments Purchase

by Arkansas Business Staff 10/5/2015 12:00 am

Wilson Park Apartments in Fayetteville bought for $1.3 million last month with shares sold at $26,000 apiece.