Real Estate Archive

Deltic Executive Pay Drops in 2014

by Jan Cottingham 3/16/2015 11:27 am

Despite Deltic Timber's strong earnings in 2014, compensation paid four of the five top Deltic executive officers dropped compared with 2013.

Sibling Rivalry Contributed to Escalated Bidding in Dunklin Properties

by Arkansas Business Staff 3/16/2015 12:00 am

Sources say $85 million was the winning bid in the court-ordered auction of farming and hunting property spread across 15,881 acres in Arkansas and Jefferson counties.

Faulkner, Lonoke Counties Each See $1.6M Land Buys

by Arkansas Business Staff 3/16/2015 12:00 am

More than 450 acres of farmland in western Lonoke County and five commercial parcels in northern Conway each hosted $1.6 million transactions.

Another Two Walgreens Sold in Central Arkansas

by Arkansas Business Staff 3/16/2015 12:00 am

Affiliates of Net Lease Capital Advisors of Nashua, New Hampshire, acquired Walgreens stores in central Arkansas in separate $5.2 million transactions.

Fuzzy's Taco Shop Headed to Rogers

by Arkansas Business Staff 3/16/2015 12:00 am

Fuzzy's Taco Shop of Fort Worth is ready to try northwest Arkansas again.

Bentonville Plaza Refills After Hillshire's Departure

by Arkansas Business Staff 3/16/2015 12:00 am

When Tyson Foods of Springdale acquired Hillshire Brands for $8.55 billion last year, it cost Bentonville Plaza its seventh-floor tenant.

Downtown Residence Inn Draws $17.5 Million Sale (Real Deals)

by George Waldon 3/16/2015 12:00 am

Ownership of a 107-room hotel in downtown Little Rock shifted in a transaction valued at $17.5 million. The sale of a west Little Rock auto dealership weighed in at $6.4 million.

Arkansas Home Sales Up 4.5 Percent in 2014

by Arkansas Business Staff 3/16/2015 12:00 am

Home sales in Arkansas rose 4.5 percent last year compared with 2013, according to a report from the Arkansas Realtors Association.

Nursing Home King Michael Morton Expanding His Empire

by Mark Friedman 3/16/2015 12:00 am

Even though Michael Morton has been hit by shrapnel from former Faulkner County Circuit Judge Michael Maggio's bribery scandal, the Fort Smith nursing home magnate is pushing forward with plans to expand his empire.

Haag Brown to Develop New Retail Site in Searcy, Will Include Starbucks

by Arkansas Business Staff 3/12/2015 01:29 pm

Haag Brown Development of Jonesboro announced plans Thursday for a new retail project that will include a Starbucks and Arkansas Braces at the corner of East Race and rand Drive in Searcy.

Realtors: Arkansas Homes Sales Up 5 Percent in January

by Arkansas Business Staff 3/10/2015 11:27 am

The Arkansas Realtors Association said Tuesday that home sales in Arkansas rose 5 percent in January from the same time last year.

Asa Hutchinson Taps Aaron Burkes to Lead ADFA

by Arkansas Business Staff 3/9/2015 01:27 pm

Gov. Asa Hutchinson wants former Republican lawmaker Aaron Burkes to be the next head of the Arkansas Development Finance Authority. Hutchinson on Monday submitted Burke's name to the ADFA board. Gene Eagle currently serves as ADFA president.

Feds Say House in Rogers Should Be Repossessed After Claims of Art Heist

by Arkansas Business Staff 3/9/2015 12:00 am

A woman who moved from Dallas to Rogers in 2013 is in hot water for allegedly cooking up an insurance scheme by which she received more than $730,000 from her homeowner's policy.

BridgeWay Center Sells for Big Price in Recent Million-Dollar Deals

by Arkansas Business Staff 3/9/2015 12:00 am

A 103-bed behavioral health facility in North Little Rock, a pair of pharmacy stores, a 62-room hotel in North Little Rock, a Sherwood tractor dealership and a Little Rock home comprise this installment of million-dollar real estate deals in Pulaski County.

MedExpress on Fast Track To Open More Locations

by Arkansas Business Staff 3/9/2015 12:00 am

It looks like the urgent care chain MedExpress of Canonsburg, Pennsylvania, isn't slowing down its march across Arkansas.

Gander Mountain Draws $7.2 Million Transaction (Real Deals)

by George Waldon 3/9/2015 12:00 am

The sale of a 123,872-SF store in Sherwood tipped the scales at $7.2 million. A 25,000-SF office-warehouse facility in North Little Rock weighed in at $2.19 million. And the location for a convenience store development in west Little Rock was assembled in two deals totaling $2.1 million.

‘Sovereign' Actions Delay, Fail to Stop Foreclosures

by George Waldon 3/9/2015 12:00 am

Two long-running foreclosure actions involving the west Little Rock homes of similarly named brothers are winding down as their legal maneuverings are playing out.

Vestcom International to Move Headquarters to One Cantrell Building

by Lance Turner 3/3/2015 11:29 am

Vestcom International has signed a lease for four suites totaling more than 37,000 SF in the One Cantrell building at 2800 Cantrell Road in Little Rock.

O'Reilly Hospitality Buys Holiday Inn, Boston's Restaurant Near Airport

by Lance Turner 3/2/2015 02:48 pm

O'Reilly Hospitality Management LLC of Springfield, Missouri, has purchased and now manages the 201-room Holiday Inn Little Rock-Airport-Conference Center and the Boston's Restaurant near the Bill and Hillary Clinton National Airport in Little Rock.

Nine Billionaires with Arkansas Ties Make Forbes 500 List

by Mark Carter 3/2/2015 10:33 am

Nine billionaires with Arkansas ties find themselves on the most recent Forbes 500 list of the world's richest people, released this week.

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