Real Estate Archive

Brandon Barber Should Serve About 20 Years, Feds Say

by Arkansas Business Staff 7/25/2014 08:52 am

Brandon Barber's day of reckoning approaches — he's scheduled for sentencing in Fort Smith on Aug. 13 — and federal prosecutors think the bankrupt northwest Arkansas real estate developer should spend a very, very long time in prison.

Deltic Timber 2Q Net Down Against One-Time Gains

by Arkansas Business Staff 7/23/2014 04:52 pm

Deltic Timber Corp. of El Dorado reports second-quarter net income of $5.3 million or 42 cents per share, down 53 percent from the same time last year.

Fort Smith Stays on Top of Arkansas Tech Business Index

by Lee Hogan 7/21/2014 09:42 am

For the second consecutive month, Fort Smith had the highest ATBI value in April. The city saw a decrease of 1.6 points between March and April, however, its 106.99 rating was good enough to best its closest competitors.

Wal-Mart Execs Naturally Dominate List of Executive Compensation

by Gwen Moritz 7/21/2014 12:00 am

Top executives at the world's largest company continue to dominate Arkansas Business' annual list of public company executive compensation, starting with the new CEO, Doug McMillon.

Proposal Would Raise Arkansas' Minimum Wage Rate

by Arkansas Business Staff 7/21/2014 12:00 am

Arkansas' minimum wage of $6.25 an hour, which applies to all employers with four or more employees, is one of only four state minimums that remain below the federal wage of $7.25 hourly.

Carrington Complex Draws $21.5 Million Transaction (Real Deals)

by George Waldon 7/21/2014 12:00 am

A 202-unit apartment complex in west Little Rock weighed in at $21.5 million, and a 1,209-SF bank branch in west Little Rock is under new ownership after a $1.22 million sale.

Lessons Learned (Editorial)

by Arkansas Business Editors 7/21/2014 12:00 am

One of our best additions to the pages of Arkansas Business in our redesign three years ago has turned out to be the weekly Executive Q&A. It's a good way of getting new voices into the paper, voices largely unfiltered by editors because the Q&As are usually done via email and we publish the answers largely as written (though sometimes abbreviated because of space constraints).

Better Words, Higher Prices (Jim Karrh On Marketing)

by Jim Karrh 7/21/2014 12:00 am

There's no shortage of promotional language in today's product marketing environment. We have all heard enough about “world-class,” “new and improved” and “killer,” have we not? The marketing world is filled with tired copycat words and phrases that fail to clearly differentiate one company or offering from others. The right words, however, can indeed help create significant and measurable value.

Ashley Group Could Bring New Life to Pleasant Crossing in Rogers

by Arkansas Business Staff 7/21/2014 12:00 am

The Ashley Group of North Little Rock, one of the largest commercial property managers in the state, is looking to buy a mostly undeveloped 30.5-acre piece of the Pleasant Crossing development in Rogers.

Layoffs, Branch Closures Firming Up as Simmons Readies To Close on Delta Trust

by Arkansas Business Staff 7/21/2014 12:00 am

Some employees of Delta Trust & Bank were given notice last week that they might not be with the company after it is acquired by Simmons First National Corp. of Pine Bluff next month.

One Bank Sells Former Scooter Stuart House

by Arkansas Business Staff 7/21/2014 12:00 am

Syed and Ayesha Samad acquired the 12,350-SF mansion in west Little Rock's gated Hickory Creek neighborhood for $1.6 million.

Million-Dollar Deals on Buffet in Conway

by Arkansas Business Staff 7/21/2014 12:00 am

A trio of Faulkner County properties changed hands in seven-digit deals. The biggest of the three at $5.25 million is St. Andrews Place.

Promenade at Chenal Parcel Purchased by Indiana Developer

by Arkansas Business Staff 7/21/2014 12:00 am

A new outparcel development at The Promenade at Chenal in west Little Rock was purchased by an Indiana thrift for $1 million.

Emporium Home Set To Settle In at Heights Location

by Arkansas Business Staff 7/21/2014 12:00 am

Traveling markets in Atlanta, Las Vegas and New York have seen Arkansas native Ashley Childers showcase her home furnishings line, Emporium Home.

Arvest Consumer Survey Shows Arkansans Mixed on Economy's Health

by Lee Hogan and Lance Turner 7/17/2014 08:57 am

Arvest Bank's first consumer sentiment survey finds Arkansans have a dimmer outlook on the economy than their neighbors in Oklahoma and Missouri.

Chuy's Ringing Up Former Saturn Property in NLR

by Arkansas Business Staff 7/14/2014 12:00 am

Chuy's, the popular Tex-Mex chain, is on its way to North Little Rock. With 27 locations open and more on the way, it will be setting up shop at 5105 Warden Road.

Geyer Springs Shopping Center Leads Off List of Recent Million-Dollar Deals

by Arkansas Business Staff 7/14/2014 12:00 am

This week's installment of seven-digit deals is led off by neighboring retail properties in southwest Little Rock.

Springdale Warehouse Has New Lease in the Bag

by Arkansas Business Staff 7/14/2014 12:00 am

Olivet International Inc. of Mira Loma, California, has leased a 130,000-SF warehouse in Springdale. Olivet manufactures a variety of products such as apparel and luggage. The warehouse at 603 N. Monitor Road is owned by WAJA Inc. of Fort Smith.

Midtown Walgreens Sells for $6.1 Million (Real Deals)

by George Waldon 7/14/2014 12:00 am

A Walgreens pharmacy in midtown Little Rock tipped the scales at $6.1 million. A 342,800-SF warehouse in south Little Rock weighed in at $2 million. And a 7,800-SF retail building in southwest Little Rock is under new ownership after a $743,000 sale.

Jay Chesshir: Acquisition Process for Tech Park Could Be Done by End of Year

by Mark Carter 7/11/2014 10:05 am

Little Rock Regional Chamber of Commerce CEO Jay Chesshir believes the acquisition process for the recommended site of the planned Little Rock tech park could be "substantially done by the end of the year."