Tagged: colliers international

Blind Ambition: Drew Holbert of Colliers International

by Greenhead Staff 8/15/2016 12:00 am

Drew Holbert of Colliers International weighs in with his favorite moments hunting ducks.

Access School Buys Site for 2nd Campus for $2.6M

by Arkansas Business Staff 7/7/2016 4:38 pm

Access has closed on the $2.6 million purchase of the former First Christian Church at 1500 N. Mississippi in Little Rock, commercial real estate firm Colliers International announced Thursday.

Construction, Ownership Changes Mark Shrinking Retail Market

by George Waldon 6/20/2016 12:00 am

The vacancy rate of the 17.7 million-SF Pulaski County retail market shrunk to 4.7 percent during the first three months of 2016.

Positive Numbers Provide Pleasant Surprise On Office Front

by George Waldon 6/20/2016 12:00 am

The occupancy rate of the 14.5 million-SF central Arkansas office market reached 92.8 percent during the first three months of the year. That upward tick follows first quarter rates of 91.5 percent in 2015 and 88.7 percent in 2014.

Industrial Space Vacancy Rate Drops

by Arkansas Business Staff 5/23/2016 12:00 am

The vacancy rate for the industrial real estate market in central Arkansas stood at 10.7 percent in first-quarter 2016, compared with 11 percent in fourth-quarter 2015.

Rise in Retail Rents Fueling Construction, Land Sales in Northwest Arkansas

by Marty Cook 5/2/2016 12:00 am

Experts say the market is so good that the problem is finding space to put people in. That demand has raised lease rates, which in turn has made it easier to convince property owners and developers to build.

Industrial Land in Northwest Arkansas Getting Tight for Distribution

by Marty Cook 5/2/2016 12:00 am

Brian Shaw of Sage Partners and Butch Gurganus of Colliers International in Bentonville say the industrial market is a tight fix in northwest Arkansas. There’s approximately 30 million SF with a vacancy rate less than 5 percent.

Construction Booms in a Growing Northwest Arkansas Market

by Marty Cook 4/25/2016 12:00 am

The costs of building things have gone up in northwest Arkansas, developers say. It’s not just that land value has risen, but construction and labor costs have also grown.

Whisenhunt’s $19M Cash Bet In Northwest Arkansas Pays Off

by Marty Cook 3/28/2016 12:00 am

In March 2012, Joe Whisenhunt placed a $19 million bet on northwest Arkansas and, four years later, it’s looking like a winner.

Pulaski County Commercial Real Estate Deals Top $641M

by George Waldon 3/28/2016 12:00 am

The dollar total of $1 million-plus commercial real estate transactions in Pulaski County grew by 7 percent during 2015. Eight of the 25 largest commercial real estate deals in Washington County centered on apartments during 2015, and two more transactions involved land bought for multifamily development.

New Owners to Develop The Grove Near Outlets of Little Rock

by Alexis Crowe 1/26/2016 3:34 pm

A private investor group has purchased about 54 acres surrounding the Outlets of Little Rock and Bass Pro Shops in southwest Little Rock, aiming to continue its development as a key entertainment district.

Immanuel Baptist Church Buys Former Kroger Property for $3.6M

by Alexis Crowe 8/7/2015 10:53 am

Immanuel Baptist Church closed Thursday on the former Kroger grocery store at Westchase Plaza, 315 North Shackleford Road in Little Rock.

Bentonville's Thrive Apartments Full After One Month

by Arkansas Business Staff 6/29/2015 12:00 am

Thrive Apartments, a mixed-used complex with 62 units, are at the intersection of Southwest A and Southwest Fourth streets a few blocks off the downtown Bentonville square. ERC Cos. of Barling built the complex through its in-house ERC Construction and it opened June 1.

Colliers International Group Goes Public

by Alexis Crowe 6/12/2015 10:34 am

Colliers International Group Inc. and FirstService Corporation announced on June 1 the separation into two independent, publicly traded companies — Colliers International Group Inc. and new FirstService Corporation.

Whole Foods Giving Market Heap Of Help

by Marty Cook 5/11/2015 12:00 am

Whole Foods broke ground in August for its new location at the College Marketplace at 3525 N. College Ave., which is just south of the Northwest Arkansas Mall and new flyover bridge connector to the Fulbright Expressway.

Industrial Tenants Demand Pre-Leases, Interstate Access

by Marty Cook 5/11/2015 12:00 am

Construction seems to be the name of the game in the industrial real estate market in northwest Arkansas.

Central Arkansas Industrial Vacancy Rate Slips

by Arkansas Business Staff 3/2/2015 12:00 am

The vacancy rate for industrial space in central Arkansas fell slightly in fourth-quarter 2014, slipping to 11.6 percent compared with 11.7 percent in the third quarter and 11.8 percent in fourth-quarter 2013.

Central Arkansas Commercial Vacancy Rate Drops

by Arkansas Business Staff 2/16/2015 12:00 am

The vacancy rate for commercial office space in central Arkansas declined in the fourth quarter, Central Arkansas Commercial Data Exchange said in its latest report.

New Tenants Filling Up Pleasant Crossing Shoppes in Rogers

by Arkansas Business Staff 1/19/2015 12:00 am

Burke Larkin of Whisinvest Realty of Rogers expects to finalize the last two leases of the 22,000-SF shopping center his company built near the Walmart Supercenter on Pleasant Grove Boulevard. Alan Cole of Colliers International represents the two tenants, unnamed until the deals are completed.

OREO ‘Cleansing’ Helps Stabilize NWA Real Estate

by Marty Cook 1/19/2015 12:00 am

When the real estate bubble popped in 2008, it popped big time in northwest Arkansas, which generated more “other real estate owned” than Little Rock. Now, sales and an improving economy are bringing calm to a market once noted for speculation.