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Allied Drive Holdings added the 225,000-SF Building 5 to its portfolio.
Business Services / Real Estate

Tallest Building on Former Alltel Campus Sold in $12M Deal

A local investment group, Allied Drive Holdings LLC, bought the 225,000-SF space. The group includes the LaFrance brothers, Stephen Jr. and Jason; and the Middleton brothers, Larry and Mark. read more >
The five-story building is to be renamed the 2400 Building. 
Business Services / Real Estate

Two Real Estate Firms Buy Jonesboro Building for $3.4M

Haag Brown Commercial Real Estate & Development of Jonesboro and Colliers International in Little Rock are part of an ownership group that recently bought the 52,000-SF Regions Bank building in Jonesboro for about $3.4 million. read more >
Business Services / Health Care / Media & Marketing

Retail Vacancy Rate Continues Slide

The vacancy rate for retail space in the central Arkansas commercial real estate market slipped again in the first quarter of 2013. read more >
Drew HolbertColliers International
Manufacturing / Real Estate

Industrial Space Vacancy Rate Edges Up in Central Arkansas

The vacancy rate in the industrial real estate market in central Arkansas rose slightly during the third quarter, increasing to 11.3 percent, compared with 11 percent in second-quarter 2012. However, it’s a marked decline compared with third-quarter 2011, when the vacancy rate totaled 14.5 percent. read more >
Strode Properties Co. of Dallas continues progress on its Park Avenue project with construction of a Jared Jewelers.

Retail Leasing Sees Increases Continue

The market for retail space in Pulaski County continues to tighten as occupancy reached 92.3 percent during the first quarter of 2012. read more >
Southwest Power Pool is moving to a new west Little Rock campus.

Building Sales Cause Dip In Office Occupancy

The occupancy rate for office space in the Pulaski County market dropped to 85.7 percent in the spring, according to the Central Arkansas Commercial Data Exchange. That figure stood at 87.3 percent a year ago. read more >
The first phase of St. Vincent’s west Little Rock medical campus is taking shape, and a second building will follow next year, said vice president at St. Vincent Health System Tadd Richert.

Office Demand Slips

Occupancy in the Pulaski County office market declined slightly for a second year, according to the Central Arkansas Commercial Data Exchange. read more >
A 7,500-SF Apple Store is scheduled to open Aug. 20 at The Promenade at Chenal in west Little Rock. The store is part of a backlog of tenants generating new activity.

Retail Leasing Activity Regains Momentum

Retail occupancy improved from 89.4 percent to nearly 91.2 percent, according to the affiliation of local commercial real estate professionals who pool sales and leasing information for office, retail and industrial properties. read more >
The former Affiliated Foods Warehouse in southwest Little Rock is home to the biggest block of available industrial space: 646,605 SF. The property was put in play following the bankruptcy of its namesake owner.

Industrial Lease Market Reports Modest Gain

Occupancy for industrial space in the Pulaski County market this spring improved slightly to 84.3 percent, according to CACDE, compared to 83.7 percent a year ago. The group’s survey encompassed 870 properties with more than 45.2 million SF. read more >