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Northwest Arkansas Lease Guide

Rendering of the Rice Office Complex building in Bentonville being developed by CrossMar and leased by Sage Partners.

NWA Vacancy Rates Stable As New Buildings Go Modern

The success of new office construction is partially based on the quality of product but also because of the demand for it.

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Plenty of Action In All Northwest Arkansas Markets

ON THE COVER: The CrossMar Industrial building, a Sage Partners property, at 4901 SW Regional Airport in Bentonville.

The retail and office markets are humming along, while the industrial market continues to grapple with its own, built-in set of complications, though even that area is seeing some construction.

NWA Industrial Market Builds on Tricky Landscape

The Crossland industrial project on 28th and J in Bentonville is an example of the market’s trend toward starting construction, then leasing.

While the residential and retail markets are strong in northwest Arkansas, industrial developers see little patience to wait around to be asked to build.

Targeted Centers Playing Role In NWA Retail Renaissance

District Shops I, developed by Whisenhunt Investments, is an example of a targeted retail center.

The vacancy rate in the retail market in northwest Arkansas is less than 5 percent and new areas of development are showing promise.

CrossMar Park in Bentonville.

Industrial Land in Northwest Arkansas Getting Tight for Distribution

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. read more >

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The new Whole Foods in Fayetteville is expected to have a positive impact on the local market. 

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

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. read more >

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8W Center, under construction in Bentonville.

8W Center in Bentonville Changing Office Landscape in More Ways Than One

David Erstine of CBRE says there is an oversupply in the smaller office space market, specifically in Bentonville. If you want to find 2,000 or so SF, you will have a bushel of choices to choose from. read more >

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New Residents in Northwest Arkansas Help Expand Market for New Apartments

Bentonville has more than doubled its population since 2000, reaching an estimated 41,613 in 2014. That’s a 78.9 percent jump over fourteen years. read more >

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Industrial Tenants Demand Pre-Leases, Interstate Access

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

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The new Whole Foods in Fayetteville is expected to have a positive impact on the local market.
Real Estate / Restaurants & Food / Retail

Whole Foods Giving Market Heap Of Help

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. read more >

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Hunt Tower, under construction in west Rogers, is contributing to a surge in new office space.

Office Space Sweet Spots Center In Selected Areas

David Erstine said only time will tell how successful the current and projected build-out of office space in west Rogers — and elsewhere in northwest Arkansas — is going to be. read more >

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Clockwise from top left: Grady Mathews of Newmark Grubb Arkansas, Butch Gurganus of Colliers International, Marshall Saviers of Sage Partners and the proposed Pinnacle Summit office building in Rogers, located within the Pinnacle Hills area.
Real Estate

Developers Move Cautiously As Northwest Arkansas Office Vacancy Rates Dip

Vacancy rates for the northwest Arkansas office space market dropped almost one-half percent to 9.3 percent during the first quarter of 2014. The rate was 9.7 percent in the last quarter of 2013, according to data collected by Xceligent Inc. of Independence, Mo. read more >

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The retail vacany rate in west Rogers, including Pinnacle Hills Promenade, is 4.4 percent.

New Retail Construction Meets A Need in Northwest Arkansas

Occupancy in the northwest Arkansas retail market has tightened to 6 percent during the first quarter. That figure stood at 6.7 percent a year ago, according to data collected by Xceligent Inc. of Independence, Mo. read more >

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The first construction project at the CrossMar Park in Bentonville should be complete in August.

Industrial Rates Signal Tight Market in Benton, Washington Counties

The vacancy rate for industrial space in Benton and Washington counties declined to 5.2 percent in the first quarter of 2014. That figure compares to the national average of 9 percent. read more >

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