Real Estate Archive

Cameron Smith, Karen Fetzer Named Top Executives at Arkansas Business of the Year Awards

by Arkansas Business Staff 2/27/2015 05:14 am

Cameron Smith of Cameron Smith Associates of Rogers and Karen Fetzer of the Rotary Club of Little Rock won executive of the year awards at Thursday's 27th annual Arkansas Business of the Year Awards at the Statehouse Convention Center in Little Rock.

Meet the Finalists of the 27th Annual Arkansas Business of the Year Awards

by Arkansas Business Staff 2/26/2015 11:37 am

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. Readers make nominations and an independent panel of judges selects the winners.

Deltic Timber 4Q Net Income Up 52 Percent

by Lance Turner 2/25/2015 03:38 pm

Deltic Timber Corp. of El Dorado on Wednesday reported fourth-quarter net income of $3.5 million, up 52 percent from the same quarter last year amid increases in residential lot sales.

George Dunklin the High Bidder in Auction of Arkansas, Jefferson County Land

by George Waldon 2/25/2015 11:32 am

George Dunklin Jr. was the high bidder at a court-ordered auction of his family's 15,881-acre farming and hunting holdings in Arkansas and Jefferson counties, sources tell Arkansas Business.

Auction of M.E. Black Farms Set for Tuesday

by George Waldon 2/23/2015 11:18 am

The countdown is under the 24-hour mark for the public auction of the M.E. Black Farms, expected by some to draw more than $50 million.

Infiniti, Walgreens Locations Lead Off Recent Million-Dollar Deals

by Arkansas Business Staff 2/23/2015 12:00 am

Our offerings are varied in this edition of million-dollar transactions: An auto dealership, a Walgreens, an office-warehouse, a neighborhood retail center, a parking lot and a big home.

Ozark Regional Land Trust Says Property Left in Landowner's Will Shouldn't Have Been Sold

by Arkansas Business Staff 2/23/2015 12:00 am

The nonprofit conservation group Ozark Regional Land Trust has filed a lawsuit against the estate of a Pulaski County man arguing that he planned to leave land to the trust after his death that was later sold.

Sassy's Red House Expected To Charge Into El Matador's Current Home

by Arkansas Business Staff 2/23/2015 12:00 am

KGA LLC, led by Matt Christie, the owner of Grub's Bar & Grille, has purchased the building currently known as El Matador Mexican Grill & Bar on North Steamboat Drive in Fayetteville for $630,000 from Horizant Properties LLC, led by Clete and Tammy Brewer.

One Smashburger Likely Won't Be Enough for Ozark Region

by Arkansas Business Staff 2/23/2015 12:00 am

The impending arrival in April of Arkansas' first Smashburger restaurant, at 500 S.E. Walton Blvd. in Bentonville, is pretty widely known. But Whispers tracked down Mark Bishop, co-owner of the franchise with Arlie Burris, and got a few more details that you may not know.

Investors Scoop Up Former Dollar Generals (NWA Real Deals)

by Arkansas Business Staff 2/23/2015 12:00 am

An investment group bought two former Dollar General buildings in northwest Arkansas for a total of $775,900. Raymond Merrill paid $1.9 million for University Village Center at 1545 W. 15th St. in Fayetteville. And Adam Yates, owner of Razorback Awning & Ironworks, bought the former home of Dennis Home Furnishings at 3525 S. School Ave. in Fayetteville.

Wilmington Apartments Visited by $3.9M Sale (Real Deals)

by George Waldon 2/23/2015 12:00 am

The sale of a 120-unit apartment complex in North Little Rock weighed in at $3.85 million. Construction of a 25,000-SF home improvement store is in motion after a $2.1 million land deal in west Little Rock. And a 55,565-SF mini-storage facility in southwest Little Rock tipped the scales at $1.7 million.

Vacancy Rate Moves Up in Central Arkansas Retail Commercial Properties

by Arkansas Business Staff 2/23/2015 12:00 am

The vacancy rate for retail commercial property in central Arkansas moved up slightly in fourth-quarter 2014, according to the Central Arkansas Commercial Data Exchange.

Conway Hopes To Lure Business to New Airport at Cantrell Field

by Sean Beherec 2/23/2015 12:00 am

Nearly six months after the opening of the new Conway municipal airport, the facility is already buzzing with activity. The planners behind the project have also set their sights on the next steps to grow its role in the state and attract business.

TAC Air Lands Long-Term Deal at Clinton National Airport

by George Waldon 2/23/2015 12:00 am

TAC Air of Dallas has committed to invest $11 million in capital improvements and more to benefit general aviation and commercial air service at Clinton National Airport in Little Rock.

FedEx Ground Distribution Center in Little Rock to Employ 160

by Mark Carter 2/19/2015 02:24 pm

FedEx Corp. of Memphis broke ground Thursday on a 300,000-SF Ground distribution facility in southwest Little Rock. The publicly traded logistics firm plans to employ about 160 people there.

Central Arkansas Commercial Vacancy Rate Drops

by Arkansas Business Staff 2/16/2015 12:00 am

The vacancy rate for commercial office space in central Arkansas declined in the fourth quarter, Central Arkansas Commercial Data Exchange said in its latest report.

Girl Scouts Tag Along to New WLR Headquarters

by Arkansas Business Staff 2/16/2015 12:00 am

The Diamonds Council, which serves Girl Scouts in most of Arkansas and parts of Oklahoma and Texas, is moving from North Little Rock to Arcade Drive in Little Rock.

ABF Freight Remains Unmoved in Relocation

by Arkansas Business Staff 2/16/2015 12:00 am

Last summer, ABF Freight, a subsidiary of ArcBest Corp. of Fort Smith, received a $4 million grant from a Memphis-area economic development group to relocate in Memphis. ArcBest, through affiliate Transport Realty Inc., bought two properties totaling 13.55 acres at the proposed relocation site for about $600,000 in 2014.

Lakewood Manor Buy Checks In at $3.7M (Real Deals)

by George Waldon 2/16/2015 12:00 am

An 85-bed nursing home in North Little Rock tipped the scales at $3.7 million. A 42,500-SF mini-storage facility in southwest Little Rock weighed in at $2.35 million. And a 47,906-SF building in downtown Little Rock changed hands in a $1.6 million deal.

The Perfect Arkansas Business Story (Gwen Moritz Editor's Note)

by Gwen Moritz 2/16/2015 12:00 am

I was reminded of David Allan Coe's recording of Steve Goodman's perfect country and western song when I saw the truly astonishing traffic to the ArkansasBusiness.com website generated by last week's story on the Dunklin family land feud.