Real Estate Archive

Lakewood Hills, WLR Courtyard by Marriott Lead Off Big Property Buys

by Arkansas Business Staff 12/11/2017 12:00 am

A hotel, breastaurant, apartments and two homes in Little Rock plus apartments and retail space in North Little Rock combined with a carwash and retail property in Bryant with residential lots in Benton equal this week's group of big real estate transactions.

Arkansas National Guard Breaking Ground on Fort Chaffee Project

by Arkansas Business Staff 12/11/2017 12:00 am

The Arkansas National Guard Morale, Welfare & Recreation Fund Inc. is building a 17,040-SF structure to sell military and law enforcement equipment and sundry items.

Tax Reform Poses Threat to Historic Preservation Program

by Jan Cottingham 12/11/2017 12:00 am

Tax reform proposals wending their way through Congress threaten federal historic tax credits, financial incentives that Arkansas developers, government officials and historic preservationists say have been crucial to economic development efforts in the state.

Making NLR's Argenta a 24/7 Business Beacon

by Kyle Massey 12/11/2017 12:00 am

Architect Bill Gray hopes to transform downtown North Little Rock into a business and residential beacon centered on the $4.4 million Argenta Plaza project and the mixed-use buildings set to rise around it.

Education Construction Dots the State, Dominating Commercial Projects List

by George Waldon 12/11/2017 12:00 am

The tally of largest commercial projects in Arkansas reached $2 billion for the fourth consecutive year, powered in large part by education.

Game Plan Unaltered in Conway's Shoppes at Central Landing Project

by Sarah Campbell-Miller 12/11/2017 12:00 am

Conway Development Corp. is in talks with a new developer for the Shoppes at Central Landing in Conway and expects to close within weeks on its purchase of the site of the project from the city.

Canopy Apartments Sale Tops $9.4 Million Mark (Real Deals)

by George Waldon 12/11/2017 12:00 am

An affiliate of DavisRE of Dallas bought the 240-unit apartment project in west Little Rock. The seller is Out In The Woods LLLP, led by James Jackson and Haskell Dickinson II.

Presqu'ile Winery a Nod to Way of Life for Murphys

by Jan Cottingham 12/11/2017 12:00 am

Madison Murphy, chairman of Murphy USA Inc. of El Dorado, and his family named their 200-acre California winery Presqu'ile as a “tip of the hat” to a family compound destroyed by Hurricane Katrina.

Pair Promoted at RPM Group (Movers & Shakers)

by Arkansas Business Staff 12/11/2017 12:00 am

James Dietz and Reed Gibbons have been promoted to vice presidents of RPM Group of Little Rock.

IberiaBank to Pay $11.7M to Settle False Claims Act Case

by Arkansas Business Staff 12/8/2017 02:21 pm

A case originating from a whistleblower lawsuit filed in Arkansas has resulted in an $11.7 million settlement between IberiaBank Corp. and the U.S. Department of Justice, and two whistleblowers who worked for the bank in Little Rock will receive 20 percent of the recovery.

Arlington Hotel Names Alan Sims General Manager

by Arkansas Business Staff 12/7/2017 11:47 am

The Arlington Resort Hotel & Spa of Hot Springs names Alan Sims general manager, succeeding longtime GM Bob Martorana.

WLR Acreage Sells for $651K, Other Deals Total $2.6M

by Sarah Campbell-Miller 12/6/2017 03:10 pm

Two new Popeyeys fast food restaurants are planned and a Big Red convenience store is coming to North Little Rock.

New Development Set for Jonesboro's Caraway-Highland Intersection

by Graycen Colbert Bigger 12/6/2017 02:43 pm

Discount retailer Bargain Hunt will occupy 27,490 SF at the Highland Square Shopping Center in Jonesboro beginning in the spring. The space formerly housed Kmart, which closed at the end of last year.

Charles J. Cella, Longtime Oaklawn Chairman, Dies at 81

by Arkansas Business Staff 12/6/2017 10:04 am

Charles J. Cella, the longtime president and chairman of the board of the Oaklawn Jockey Club in Hot Springs, has died of complications from Parkinson's disease, the racetrack announced. He was 81.

Colliers International Arkansas Names New President

by Arkansas Business Staff 12/5/2017 02:07 pm

Colliers International Arkansas, a commercial real estate and property management firm, announced Tuesday the promotion of Isaac Smith to president and that CEO Kevin Huchingson will now serve as its chairman.

Arkansas Home Sales Up 8.5 Percent in October

by Sarah Campbell-Miller 12/5/2017 10:18 am

The Arkansas Realtors Association said Monday that home sales rose 8.5 percent in October.

NLR's Chapel Ridge Apartments Sold in $8.3M Transaction

by Arkansas Business Staff 12/4/2017 12:00 am

Apartments in North Little Rock, an office building in Alexander, residential property in Little Rock and a commercial site in Benton provide this week's quartet of multimillion-dollar real estate transactions in central Arkansas.

Windstream Sees Change in the Air

by Sarah Campbell-Miller 12/4/2017 12:00 am

CEO Tony Thomas says new products and attention to the balance sheet will get Windstream back in the black.

Central Arkansas Office Space Vacancy Rate Drops

by Arkansas Business Staff 12/4/2017 12:00 am

The vacancy rate for office space for the central Arkansas real estate market fell to 7.7 percent in the third quarter of 2017 compared with 8.1 percent in the third quarter of 2016.

Coca-Cola Plant Transaction Approaches $11 Million (Real Deals)

by George Waldon 12/4/2017 12:00 am

The largest independent Coca-Cola bottler in the nation bought the 22.2-acre complex from Atlanta's Coca-Cola Refreshments USA Inc., a subsidiary of the Coca-Cola Co.