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.
Mark Bingman of RPM Corfac International in Little Rock is serving as an at-large member of the 2016 executive committee of Corfac International, an affiliation of privately held commercial real estate firms.
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.