Sedgwick Building in WLR Sells For $4.45M
The Sedgwick Building at 400 Hardin Road in Little Rock sold on Jan. 9 for $4.45 million. read more >
Empty Kmart in Springdale Sparks Lawsuit
The owners of Springdale property that was the site of a Kmart on Sunset Avenue filed suit against Sears Holdings Corp. in Washington County Circuit Court in late September. read more >
New Starbucks Planned for Little Rock
Another Starbucks is in the works for 10721 Kanis Road in Little Rock, the former home of Dunkin’ Donuts. read more >
Springdale Dentist Office Sold for $2.1 Million (NWA Real Deals)
A New Jersey investor paid slightly more than $2.1 million for Sunset Avenue Dental, a 4,912-SF building that was formerly a My Dentist office. read more >
by Marty Cook -
Paths Vary In Keeping Retail Rent Flowing in Northwest Arkansas
The commercial vacancy rates for the four main cities of the northwest Arkansas corridor range from Fayetteville’s 5.6 percent to Springdale’s 14 percent, sandwiching Rogers (10.5 percent) and Bentonville (12 percent). read more >
by Marty Cook -
Industrial Space Vacancy Rate Falls in Central Arkansas
The central Arkansas industrial real estate market saw the total vacancy rate decline to 9.6 percent in the first quarter of 2017, compared with 11.1 percent in first-quarter 2016. read more >
Hospital Boom Creates Development Ripples Across Northwest Arkansas
Development experts say that hospitals are a great magnet for other retail and residential projects, such as restaurants, service companies and apartments. read more >
by Marty Cook -
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 >
by Marty Cook -
Targeted Centers Playing Role In NWA Retail Renaissance
The vacancy rate in the retail market in northwest Arkansas is less than 5 percent and new areas of development are showing promise. read more >
by Marty Cook -
Gateway Town Center Goes Westward
Commercial projects topping $21 million are beginning to come out of the ground at Little Rock’s Gateway Town Center. read more >
by George Waldon -
Searcy Upgrades Infrastructure for Chance at New ‘Power Center’ for Shopping
Public, private and public-private developments representing tens of millions of dollars in construction are in motion in Searcy. Three projects highlighting each category alone tally more than $42 million. read more >
by George Waldon -
Three Earn LEED Accreditation at Clark Contractors (Movers & Shakers)
Melanie Blacklock, Stephen Lane and Michael McGrew of Clark Contractors in Little Rock have been certified as LEED-accredited professionals by the U.S. Green Building Council. read more >
Wendy Russell Managing Doubletree Sales & Marketing (Movers & Shakers)
Wendy Russell will continue to oversee sales and marketing strategy for the 288-room Doubletree by Hilton in downtown Little Rock as part of the management team of Waterford Hotel Group Inc. of Waterford, Connecticut. read more >
Access School Buys Site for 2nd Campus for $2.6M
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. read more >
Positive Numbers Provide Pleasant Surprise On Office Front
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. read more >
by George Waldon -
Construction, Ownership Changes Mark Shrinking Retail Market
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. read more >
by George Waldon -
Industrial Space Vacancy Rate Drops
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. read more >
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 >
by Marty Cook -
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 >
by Marty Cook -
Construction Booms in a Growing Northwest Arkansas Market
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. read more >
by Marty Cook -
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