Real Estate Archive

Allied OREO Auction To Include Bank Branches

by George Waldon 7/20/2015 12:00 am

The balance sheet of Mulberry's Allied Bank is positioned to undergo a third-quarter makeover after a July 21-24 real estate auction. The $107 million-asset lender intends to liquidate a chunk of its OREO portfolio during the four-day event.

Update: Million-Dollar Dream Home in Hillcrest Focus of Lawsuit

by Mark Friedman 7/20/2015 12:00 am

The perfect home became a nightmare for Dr. Joel Dworkin when he discovered his $1.25 million manor in Little Rock's Hillcrest neighborhood had leaky windows and other issues that would cost more than $300,000 to repair.

Winrock Place Purchase Approaches $2.9 Million (Real Deals)

by George Waldon 7/20/2015 12:00 am

The sale of a 24,817-SF office building in Little Rock's Riverdale area tipped the scales at $2.87 million. A 7,847-SF office building in west Little Rock is under new ownership after a $1 million sale. And a 10,043-SF warehouse and land in North Little Rock changed hands in an $805,000 transaction.

Arkansas Business to Honor 2015 Best Places to Work at Sept. 16 Luncheon

by Arkansas Business Staff 7/16/2015 11:33 am

Arkansas Business will honor its 2015 Best Places to Work in Arkansas at an awards luncheon Wednesday, Sept. 16.

Arkansas Realtors: May Home Sales Up 10 Percent

by Alexis Hosticka 7/14/2015 09:54 am

Home sales in Arkansas increased by more than 10 percent while the average price of those homes sold increased by more than three percent in May

Deal To Buy Soul of the South HQ Scorched

by Arkansas Business Staff 7/13/2015 12:00 am

An offer to purchase the note on the building housing Soul of the South and several related entities fell through after three days late last month.

Shopping Center Planned in South Bentonville

by Arkansas Business Staff 7/13/2015 12:00 am

A Texas developer plans to build a 12,000-SF shopping center across from the Walmart Neighborhood Market on I Street in Bentonville.

Despite Sale, Symphony Ready for New Offices in M.M. Cohn Building

by Alexis Hosticka and Lance Turner 7/10/2015 04:07 pm

The executive director of the Arkansas Symphony Orchestra said she's looking forward to moving into new offices inside the renovated M.M. Cohn Co. building downtown, even as the building's owner prepares to sell the property.

Live Music, Mexican Food Hub Juanita's For Sale

by Alexis Hosticka 7/10/2015 11:38 am

Juanita's Mexican Café & Bar is for sale, five years after it moved into its President Clinton Avenue location.

Burlington, Planet Fitness to Open in Jonesboro

by Alexis Hosticka 7/9/2015 12:29 pm

The Jonesboro retail center formerly occupied by Kroger will be rebranded as Centre Court Plaza and is pre-leased to Burlington and Planet Fitness, which are opening their first locations in the region.

Haag Brown Plans 27-Acre Office Park, New Headquarters

by Alexis Hosticka 7/7/2015 04:32 pm

Haag Brown Commercial of Jonesboro is building a new headquarters as part of a planned office park designed to encourage exercise and activity.

Moses Tucker Breaks Ground on $5M Apartment Project

by Alexis Hosticka 7/7/2015 09:22 am

Moses Tucker Real Estate of Little Rock broke ground on Monday on a 36-unit, apartment project in the city's historic MacArthur Park District.

Allied Bank Properties Put Up On the Block

by Arkansas Business Staff 7/6/2015 12:00 am

Allied Bank of Mulberry has retained the services of Little Rock's Blackmon Auctions to sell real estate collected mostly from borrowers on loans gone bad.

St. John's Troubles Continue with Chapter 11

by Arkansas Business Staff 7/6/2015 12:00 am

In the bankruptcy filing, St. John's showed $8.5 million in debts and $3.03 million in assets.

Duo of Million-Dollar Properties Highlight Recent Pulaski County Sales

by Arkansas Business Staff 7/6/2015 12:00 am

A grand Little Rock home and a North Little Rock medical office provide our tandem of million-dollar transactions.

Plans for Small Shopping Center on Fayetteville's MLK Taking Shape

by Arkansas Business Staff 7/6/2015 12:00 am

Rodney Ghan and Bob Cooper of R.H. Ghan & Cooper Commercial Properties of Fort Smith have bought a lot on West Martin Luther King Boulevard in Fayetteville with the intent of developing a two-tenant shopping center.

Millennials Rising as Biggest Share of Workforce

by Arkansas Business Staff 7/6/2015 12:00 am

The millennial generation earlier this year passed Generation X to become the largest share of the U.S. workforce, the Pew Research Center says.

Growing Participation Means Longer List of Largest Trade & Professional Unions

by Austin DuVall 7/6/2015 12:00 am

The Arkansas Business list of the state's largest trade and professional associations is back after a four-year hiatus, complete with 15 new entries because of greater participation.

Woodland Heights Sells In $13.9M Transaction (Real Deals)

by George Waldon 7/6/2015 12:00 am

A 142-unit independent living center in Little Rock tipped the scales at $13.9 million. A nearly 1,150-acre farm in southeast Pulaski County weighed in at $2.25 million. And a 3,708-SF residence-turned-business in Little Rock's Hillcrest area changed hands in a $525,000 deal.

Industrial Activity Simmering Beneath Flat Market Veneer

by George Waldon 7/6/2015 12:00 am

Market conditions are reaching the tipping point to launch construction and add fresh product to the warehouse inventory in the Little Rock area.