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Butch Gurganus

The Ledger, a 230,000-SF six-story building at 240 S. Main St. in Bentonville.
Construction / Real Estate / Restaurants & Food / Retail

Developers Add Office Space Near ‘Hot’ Bentonville Square

Builders aim to fill demand, remake work environments near Walmart’s new home. read more >
Business Services / Construction / Investments / Public Companies / Real Estate / Retail / Transportation

Walmart and ‘Vendorville’ Just Part of Building BoomLock Icon

While Walmart Inc.’s new headquarters in Bentonville propelled the value of commercial building permits to record highs during the first half of this year, the rest of northwest Arkansas generated its own sizable increases over the previous year. read more >
The Northwest Arkansas Business Center on Enterprise Drive in Lowell.
Investments

Lowell Business Center Sells for $13M

A 108,627-SF office complex in Lowell sells for slightly less than $13 million. Graham Streett of Fort Smith and Clinton Bennett of Fayetteville buy the Northwest Arkansas Business Center. read more >
The Crossland industrial project on 28th and J in Bentonville is an example of the market’s trend toward starting construction, then leasing.
Construction / Manufacturing / Real Estate

NWA Industrial Market Builds on Tricky Landscape

While the residential and retail markets are strong in northwest Arkansas, industrial developers see little patience to wait around to be asked to build. read more >
2501 SE Otis Corley Drive in Bentonville.
Business Services / Manufacturing / Real Estate

Bentonville Warehouse Auctioned for $1.6 Million

A 30,000-SF warehouse in Bentonville was auctioned for approximately $1.6 million Wednesday. The identity of the buyer was not disclosed. read more >
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 >
The sale of Arkansas Surgical Hospital led the way in Pulaski County at $56.6 million.
Business Services / Construction / Insurance / Investments / Real Estate / Retail / Tourism / Transportation

Pulaski County Commercial Real Estate Deals Top $641M

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. read more >

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 >
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 >