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 >
by George Waldon -
Whisenhunt’s $19M Cash Bet In Northwest Arkansas Pays Off
In March 2012, Joe Whisenhunt placed a $19 million bet on northwest Arkansas and, four years later, it’s looking like a winner. read more >
by Marty Cook -
New Owners to Develop The Grove Near Outlets of Little Rock
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. read more >
by Alexis Crowe -
Immanuel Baptist Church Buys Former Kroger Property for $3.6M
Immanuel Baptist Church closed Thursday on the former Kroger grocery store at Westchase Plaza, 315 North Shackleford Road in Little Rock. read more >
by Alexis Crowe -
Bentonville’s Thrive Apartments Full After One Month
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. read more >
Colliers International Group Goes Public
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. read more >
by Alexis Crowe -
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 >
by Marty Cook -
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 >
by Marty Cook -
Central Arkansas Industrial Vacancy Rate Slips
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. read more >
Central Arkansas Commercial Vacancy Rate Drops
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. read more >
OREO ‘Cleansing’ Helps Stabilize NWA Real Estate
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. read more >
by Marty Cook -
New Tenants Filling Up Pleasant Crossing Shoppes in Rogers
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. read more >
Lee Strother, Drew Holbert, Promoted to Principals at Colliers International
Lee Strother and Drew Holbert were recently promoted to principals at Colliers International Arkansas. read more >
Commercial Property Filling Up in Northwest Arkansas
Experts think the commercial real estate market in northwest Arkansas is returning to normal; those who make their living in the industry agree. And they like the new normal. read more >
by Marty Cook -
Central Arkansas Retail Space Vacancy Rate Stays Stable
The vacancy rate for commercial retail space in central Arkansas stood at 5.3 percent in second-quarter 2014, compared with the first-quarter rate of 5.2 percent and the year-earlier rate of 6 percent. read more >
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 >
by Marty Cook -
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 >
by George Waldon -
LaFrances Lead Investors Through Wisconsin’s Greenwood’s State Bank
What started as a niche lending venture in Wisconsin for the Stephen LaFrance family has morphed into a financial turnaround effort with more extensive Arkansas ties. read more >
by George Waldon -
Central Arkansas Industrial Vacancy Rate Continues Decline
The vacancy rate for industrial space in central Arkansas in fourth-quarter 2013 fell to 10.1 percent compared with 10.9 percent in third-quarter 2013 and 11.6 percent in the year-earlier quarter. read more >
Demand, OREO Sales Power Commercial Market Gains in Rogers
Resurging demand coupled with the paring of an Illinois lender’s OREO portfolio are helping push commercial activity in the heart of Benton County’s fabled Billion-Dollar Mile. Office and retail sectors are seeing positive trends and more dormant OREO sells in northwest Arkansas. read more >
by George Waldon -