Real Estate Archive

Mathias Releases Tontitown Building Plans

by Arkansas Business Staff 4/13/2015 12:00 am

Mathias officials were going to submit the plans for approval with the city on March 31 but postponed the submission until April. Arthur Thurman, president and COO of Mathias Properties, said the company wants to build two 14,750-SF warehouses on Agnes Drive adjacent to two warehouses it has already built.

‘Execution' the Key For Windstream CEO Tony Thomas

by Sean Beherec 4/13/2015 12:00 am

Tony Thomas, who took over as CEO of Windstream Holdings Inc. of Little Rock in December, recently gave a round of interviews to local reporters about a month after the company's shareholders approved measures to spin off a real estate investment trust.

Bridgeway Hospital Sells for $17.3 Million (Real Deals)

by George Waldon 4/13/2015 12:00 am

A North Little Rock psychiatric hospital weighed in at $17.3 million. A west Little Rock bowling project scored a $3.02 million transaction. And a 7,605-SF medical office building in west Little Rock tipped the scales at $1.6 million.

Moses Tucker Plans Condos, Winery for Fulk-Arkansas Democrat Building

by Arkansas Business Staff 4/10/2015 07:09 pm

Moses Tucker Real Estate of Little Rock has purchased the former Fulk-Arkansas Democrat Building at 615 Main Street, with plans to rehabilitate it and add eight loft apartments and retail space that will include Raimondo Winery.

Realtors: Arkansas Home Sales Up 9 Percent

by Arkansas Business Staff 4/10/2015 10:45 am

Arkansas home sales increased by more than 9 percent in February while the price of those homes went up by more than 6 percent, according to data released Friday by the Arkansas Realtors Association.

Greg Fernholz to Manage Homewood Suites in Downtown Little Rock

by Arkansas Business Staff 4/9/2015 03:38 pm

Greg Fernholz has been named general manager for the Homewood Suites being built at the site of the old Arkla Gas Building at Capitol and River Market in downtown Little Rock.

Quarterly Business Analysis Luncheon Set for May 8 in Fayetteville

by Arkansas Business Staff 4/9/2015 11:49 am

Kathy Deck, director of the Center for Business and Economic Research, will present her regular Quarterly Business Analysis as a luncheon on Friday, May 8.

Inuvo, PrivacyStar Announce Move to River Market District

by Mark Carter 4/9/2015 11:46 am

Conway tech firms Inuvo Inc. and PrivacyStar announced Thursday that they will move to the Museum Building in the River Market District of downtown Little Rock. The two firms will take up a combined 26,000 SF.

Fort Smith Retakes Top Spot in Arkansas Tech Business Index

by Mark Carter 4/7/2015 09:36 am

The index is a comprehensive measure that provides a snapshot of economic activity in Arkansas cities. It encompasses a labor index, housing market index, construction index and retail sales index.

Foreclosure Sales Lead Off Recent Million-Dollar Deals

by Arkansas Business Staff 4/6/2015 12:00 am

Little Rock provides a trio of million-dollar transactions this week with an apartment complex, mansion and high-rise condo.

Benton County Home Targeted for Repossession by IRS

by Arkansas Business Staff 4/6/2015 12:00 am

The IRS is trying to take the home of a Benton County man who failed to pay millions in federal employment taxes.

Panda Express Expanding in Northwest Arkansas

by Arkansas Business Staff 4/6/2015 12:00 am

CFT NV Developments of Rosemead, California, bought property in Springdale and Siloam Springs and plan to open Panda Express restaurants at each location.

HR Director Michele Burns on the Soft Skills Employers Want

by Arkansas Business Staff 4/6/2015 12:00 am

Michele Burns is the state director for the Arkansas Society for Human Resource Management and is the director of classification and compensation with the University of Arkansas at Fayetteville.

Arvest Firing Challenged in Bankruptcy Court

by Mark Friedman 4/6/2015 12:00 am

An Arkadelphia man says following bankruptcy law was a violation of Arvest's policy on employee debt and cost him his job.

Stonebridge Apartments Draw $31M Transaction (Real Deals)

by George Waldon 4/6/2015 12:00 am

A 260-unit apartment complex in west Little Rock tipped the scales at $31.58 million. The sale of a west Little Rock Walgreens weighed in at $6.2 million. And an 87,100-SF warehouse in the Little Rock Port area is under new ownership after a $2.55 million transaction.

Galley Support Innovations Announces Sherwood Expansion

by Mark Carter 4/2/2015 03:24 pm

Galley Support Innovations Inc. of Sherwood announced Thursday that it completed a 3,800-SF expansion and plans to add another 21,000-SF on property adjacent to its Manson Road headquarters.

Skyline Report: Residential Permits Down But Value Up in 2014's Second Half

by Lance Turner 4/2/2015 11:25 am

The number of residential building permits issued in northwest Arkansas fell in the second half of 2014 compared with the same time in 2013, but the value of those permits increased, a report says.

Home BancShares Buys $289M in Loans, Plans Office in New York

by Arkansas Business Staff 4/1/2015 04:21 pm

Home BancShares Inc. of Conway, the parent company of Centennial Bank, said Wednesday that it has purchased $289 million in national commercial real estate loans from JC Flowers & Co. LLC.

Sam's Club Buys Land for Store in Springdale

by Marty Cook 3/30/2015 12:00 am

The new 136,000-SF store will be on 56th Street north of Arvest Ballpark after a dual purchase earlier this month. Sam's Real Estate Business Trust of Bentonville paid $12.4 million for approximately 71 acres near the intersection of 56th Street and Highway 412.

Wingate by Wyndham Hosts $2.9 Million Sale (Real Deals)

by George Waldon 3/30/2015 12:00 am

The sale of a 62-room hotel in North Little Rock weighed in at $2.92 million. A 20,332-SF building in downtown Little Rock changed hands in a $975,000 transaction. And a 1,728-SF convenience store in west Pulaski County is under new ownership after a $519,875 sale.