Real Estate Archive

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.

U.S. Households Report Improvement in Economic Well-Being

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

Americans reported improvement in their well-being last year compared with 2014 and 2013, according to a Federal Reserve Board report released last month.

Former Clinton Museum Store Draws $2.3M Sale (Real Deals)

by George Waldon 6/20/2016 12:00 am

610 President Clinton Avenue LLC, led by Mark Dake, bought its namesake property and former home of the Clinton Museum Store from the Bill, Hillary & Chelsea Clinton Foundation.

TriGate Capital Purchases McCain Plaza for $23M, Plans Renovations

by Alexis Hosticka 6/17/2016 10:18 am

TriGate Capital LLC of Dallas has acquired McCain Plaza in North Little Rock for $23.15 million. TriGate's plans include renovating the facades, resurfacing the parking lot, upgrading signage and landscaping, refurbishing existing vacant tenant suites, and demolishing the vacant movie theater.

Selling Downtown Office Tower an Option for Acxiom

by Arkansas Business Staff 6/13/2016 12:00 am

Acxiom Corp., the publicly traded data-mining company, has officially confirmed to Whispers that it is considering selling its headquarters building in downtown Little Rock.

Main Street Lofts Could Find Buyer Before Foreclosure

by Arkansas Business Staff 6/13/2016 12:00 am

A sale may be in motion at the money-troubled Main Street Lofts. This latest version involves all three buildings at the downtown Little Rock project.

Cantrell Office Building Sale Exceeds $2.6 Million (Real Deals)

by George Waldon 6/13/2016 12:00 am

8114 Cantrell LLC, led by Billy Roehrenbeck, purchased its namesake project.

$9M Tru by Hilton Hotel to Open at Gateway Town Center

by Alexis Hosticka 6/10/2016 01:55 pm

With entertainment, shopping and restaurants already in the works at The Grove at Gateway Town Center, another piece to the puzzle will be filled in next fall with a $9 million Tru by Hilton hotel. The hotel will be 42,000 SF with 84 units and be the “model property for the state,” according to Shawn Govind, the director of real estate development at Pinnacle Hotel Group.

Harps Buys 9 Walmart Express Stores, 6 in Arkansas

by Alexis Hosticka 6/8/2016 05:24 pm

Harps Food Stores Inc. of Springdale said Wednesday that it is acquiring six former Walmart Express stores in Arkansas. The private grocery store chain did not say how it will use the properties.

Lakewood Acreage Leads Latest Million-Dollar Deals

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

Apartment land in North Little Rock and a manor and doughnut development in west Little Rock provide our trio of million-dollar transactions.