Real Estate Archive

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.

Asa Hutchinson Announces Five Appointments

by Arkansas Business Staff 2/10/2015 04:32 pm

Gov. Asa Hutchinson Thursday announced appointments to the State Police Commission, the State Parks Commission, the Real Estate Commission, and also named two special associate justices to the state Supreme Court.

University of Arkansas Touts $1.2B Economic Impact in 2014

by Arkansas Business Staff 2/10/2015 10:56 am

The University of Arkansas released a report Tuesday that says the university has an economic impact on "state and local economies" of $1.2 billion, up 66 percent from the previous year.

Steven Plaisance Named CEO at Arvest Mortgage Co., Central Mortgage Co.

by Arkansas Business Staff 2/9/2015 11:28 am

Steven Plaisance of Tulsa has been named CEO for Arvest Mortgage Co. and Central Mortgage Co., a wholly owned subsidiary of Arvest Bank, the company announced Monday.

Landers Dealership Properties Add Up to $17.8M (Real Deals)

by George Waldon 2/9/2015 12:00 am

The sale of auto properties in west Little Rock weighed in at a combined $17.8 million. The sale of a 44,337-SF hangar at Clinton National Airport tipped the scales at more than $8.2 million. And a former USA Drug project in west Little Rock is under new ownership after a $1.95 million sale.

Michael Hocutt Selected To Head General Contractors Association (Movers & Shakers)

by Arkansas Business Staff 2/9/2015 12:00 am

Michael Hocutt, president of Clark Power Corp. of Little Rock, has been chosen to lead the Associated General Contractors of Arkansas as 2015 president. Hocutt represents the utility division and has 37 years of industry experience.

Pair of Properties in Downtown Rogers Sold

by Arkansas Business Staff 2/9/2015 12:00 am

Activity in downtown Rogers is picking up by the looks of two very recent sales.

No Rest for Michael Morton in Lonoke County Nursing Home Buys

by Arkansas Business Staff 2/9/2015 12:00 am

A trio of Lonoke County nursing homes is under new ownership in transactions totaling $8.4 million.

Title Granted to Magellan on Slim Piece of Pulaski Property

by Arkansas Business Staff 2/9/2015 12:00 am

Pulaski County Circuit Judge Alice Gray has signed an order of possession for a 0.17-acre piece of land in North Little Rock that was the subject of an eminent domain filing.

Gander Mountain Sale Peaks Recent Million-Dollar Deals

by Arkansas Business Staff 2/9/2015 12:00 am

Retail, residential and multifamily all were represented in this installment of seven-digit real estate transactions in Pulaski County.

Sibling Dispute Leads to Sale of Farm & Hunting Land in Delta

by George Waldon 2/9/2015 12:00 am

A long-running sibling dispute is culminating this month in a court-ordered sale expected to yield a $50 million-plus transaction.

Texarkana Directors Feel Misled on Land Deals Made by City Manager

by Sean Beherec 2/9/2015 12:00 am

In the wake of a state audit, a criminal probe, a whistleblower lawsuit and an investigation by private citizens, the former mayor of Texarkana has concluded that he and other city directors were rooked.

Pennsylvania Company Buys Sterling Frisco Building in Fayetteville for $49M

by Arkansas Business Staff 2/4/2015 09:56 am

GMH Capital Partners of Newtown Square, Pennsylvania, buys Sterling Frisco, a 219-unit student housing community at 413 N. West Ave. in Fayetteville.

ARK Challenge Pivot Was Right Time for Justyn Hornor, Real Agent Guard

by Mark Carter 2/2/2015 08:41 am

Justyn Hornor chose to place Politapoll on hold while he and co-founder Tim Brasuell pivoted to Real Agent Guard, which provides security measures for real estate agents.

Entergy Arkansas Elevates Three to Economic Development Team (Movers & Shakers)

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

Clarissa McWherter, Chris Murphy and Russell Harris have joined Entergy Arkansas in Little Rock as members of the economic development team.

Mountain Pure Liquidates In $6 Million Transaction (Real Deals)

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

The Arkansas assets of Mountain Pure Water changed hands in a $6 million foreclosure sale. Land for future expansion in North Little Rock weighed in at $1.22 million. And a 2,647-SF bank branch in midtown Little Rock tipped the scales at $1.18 million.

Fort Smith Office Park Getting Makeover

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

Woodcrest Office Park changed hands recently and will undergo a much-needed renovation.