Real Estate Archive

WLR Retail Project Trails $1.8M Land Purchase (Real Deals)

by George Waldon 3/10/2014 12:00 am

An 8,245-SF retail project in west Little Rock is in the works after a $1.8 million land deal. A $1.75 million land buy in North Little Rock is preceding development of a 350,000-SF distribution facility. And a north Pulaski County enterprise is under new ownership after a $550,000 foreclosure sale.

Accountability Sans Jerkiness (Barry Goldberg On Leadership)

by Barry Goldberg 3/10/2014 12:00 am

A CEO can delegate just about everything except culture. And every company will have a culture, whether it just happens or is implemented purposefully and continually by leadership in every decision and hire.

New Walmart Convenience Store To Open in Bentonville

by Arkansas Business Staff 3/10/2014 12:00 am

The debut project will be at the northwest corner of Walton Boulevard and 14th Street in Wal-Mart's hometown of Bentonville, where the ceremony is scheduled to begin at 8 a.m. on March 19.

Bank of the Ozarks Settles In at Park Avenue Digs

by Arkansas Business Staff 3/10/2014 12:00 am

Not much has been written about the loan production office opened by Bank of the Ozarks in New York City, a decision that was announced last summer, so your Whispers staff thinks it's time to introduce readers to the classy digs.

Tanglewood Apartments Gets New Landlord in $3.27 Million Buy

by Arkansas Business Staff 3/10/2014 12:00 am

Seven-digit deals in central Arkansas include the purchase of Tanglewood Apartments in Little Rock, 800 acres of farmland in east Pulaski County and the home of the new Soul of the South network.

UALR Lab Translates Big Data Into Dollars

by Jan Cottingham 3/3/2014 12:00 am

Humans are digitizing every aspect of life, translating every thought, every endeavor into something that can be read on a computer screen. This act of translation is creating infinite bits of new information — big data, to use the phrase popular in the world of technology.

Maumelle Hampton Inn Hosts $6.3 Million Sale (Real Deals)

by George Waldon 3/3/2014 12:00 am

The sale of a 70-room Hampton Inn in Maumelle weighed in at $6.3 million. Development of an office project in west Little Rock is in motion after a $1.93 million land deal. And a 60,275-SF mini-storage project in south Little Rock changed hands after a $1.35 million foreclosure sale.

Missouri Company Digs Into Market With Foothills Buy

by Arkansas Business Staff 3/3/2014 12:00 am

Did you know one of the largest apartment complexes in North Little Rock has a new owner? Three affiliates of Maxus Realty Trust Inc. of North Kansas City, Mo., bought the three phases of Foothills Apartments at 2401 Lakeview Road.

Scott Farmland, Conway Office Depot Both Sold in Million-Dollar Deals

by Arkansas Business Staff 3/3/2014 12:00 am

A 377-acre agri spread in Lonoke County is under new ownership after a $3.85 million deal. Over in Faulkner County, an Office Depot rang up a $3.25 million transaction.

CJRW Stakes Out New Space at Third & Main in Little Rock

by Arkansas Business Staff 2/27/2014 03:02 pm

Cranford Johnson Robinson Woods of Little Rock plans to move its downtown headquarters to the Fulk Building at the southwest intersection of Third and Main streets by late 2015.

Deltic Reports Record Profit of $26.2M in 2013

by Jan Cottingham 2/26/2014 04:22 pm

Deltic Timber reports a record $26.2 million in net income in 2013. The timber and real estate company also reports quarterly profit of $2.3 million, down slightly from $2.4 million in the same quarter last year.

John Hugg, Jill Darling Named Top Executives at Arkansas Business of the Year Awards

by Arkansas Business Staff 2/26/2014 07:31 am

Each year, Arkansas Business Publishing Group sponsors the awards to honor businesses in three categories related to number of employees as well as business executives, nonprofit executives and nonprofit organizations in Arkansas.

On the Border Serves $4.3M Deal (Real Deal)

by George Waldon 2/24/2014 12:00 am

A 1.51-acre eatery development in Sherwood tipped the scales at $4.3 million. Land for a middle school campus in west Little Rock was assembled in two deals totaling $4.2 million. And A 60,000-SF office-warehouse facility in west Little Rock shifted ownership in a $2.75 million transaction.

Central Arkansas Industrial Vacancy Rate Continues Decline

by Arkansas Business Staff 2/24/2014 12:00 am

The vacancy rate for industrial space in central Arkansas in fourth-quarter 2013 fell to 10.1 percent compared with 10.9 percent in third-quarter 2013 and 11.6 percent in the year-earlier quarter.

Fayetteville Council OKs Mount Kessler Purchase

by Marty Cook 2/24/2014 12:00 am

The Fayetteville City Council voted unanimously Tuesday to use $1.6 million from the city's reserve fund to complete the purchase of 376 acres that include Mount Kessler.

Six Properties Lead Recent Six-Digit Deals

by Arkansas Business Staff 2/24/2014 12:00 am

Three homes and three commercial properties compose this week's installment of million-dollar Pulaski County real estate deals.

Conway Studies Proposal for 400,000-SF Shopping Center

by Lee Hogan 2/20/2014 12:21 pm

Another large-scale shopping center could be on the way to Conway, as a North Carolina real estate company advertises more than 400,000 SF of property in the southeast corner of the city.

Fort Chaffee Donates Land to Osteopathic Medical School in Fort Smith

by Mark Carter 2/19/2014 10:46 am

The Fort Chaffee Redevelopment Authority on Tuesday donated 200 acres to a project that aims to open an osteopathic medical school there by fall 2017.

Fayetteville Upgrading Infrastructure With 'Mayor's Box' Project Surrounding the City

by Marty Cook 2/17/2014 12:00 am

The city plans to break ground later this month on a one-mile stretch of Van Asche Drive that is a continuation of the “Mayor's Box” development.

Central Arkansas Retail Vacancy Rate Drops

by Arkansas Business Staff 2/17/2014 12:00 am

The vacancy rate for commercial space in central Arkansas fell to 5.3 percent in fourth-quarter 2013 compared with 5.6 percent in the third quarter and 6 percent in the year-earlier quarter. It remains far below the national rate of 10.4 percent.