Flake & Kelley Commercial Northwest
Christian Brothers Shop Sells for $3.1M (NWA Real Deals)
A Missouri investor bought the 5,810-SF shop on East Joyce Boulevard in Fayetteville. read more >
by Marty Cook -
Big Box Stores Still Hold Value, Experts Say
When big-box tenants look for space, there's ample competition for the same handful of properties, due to increasing costs of construction and property. read more >
by Marty Cook -
Evelyn Hills Shopping Center Sold for $7.2M
A Texas investment group bought the Evelyn Hills Shopping Center on North College Avenue in Fayetteville for $7.2 million in a deal that closed earlier this month. read more >
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 -
Planet Fitness in Fayetteville Sold
BNC Rental LLC, led by Rick Carpenter of Fayetteville, bought the property from Forest Hills Village LLC, led by Charles Palmer of Fort Smith. read more >
Furniture Retailer Sets Sights on Farmington
Jordan Jeter led an investment group that paid $1.1 million for a 32,000-SF building at 271 W. Main St. in Farmington in June and hopes to announce a tenant in the next six weeks. read more >
$4.8M Sale Visits Rogers Warehouse (NWA Real Deals)
Breeden Robinson LLC, led by Larry Breeden, bought the facility from Superior Industries International Arkansas LLC, a subsidiary of Superior Industries of Van Nuys, California. read more >
by Marty Cook -
New Bentonville Shopping Center Soon To Open
Construction on a 12,000-SF retail center in south Bentonville should be completed by the end of the month. read more >
Centerton Property Purchased With Apartments Planned
A 250-unit apartment complex is planned in Centerton after a $2.2 million land purchase. read more >
Site of Oops In Farmington Brings $1.12M (NWA Real Deals)
A 32,000-SF building that used to be the home of a Marvin’s IGA in Farmington has been sold for the second time in 18 months. read more >
by Marty Cook -
Berryville Shopping Center Sells for $1.9 Million
Raymond Merrill, through his Levi Storage Center LLC of Sallisaw, bought the property at 928 W. Trimble Ave. Merrill, who owns Merrill Bonding Co., has spent more than $10 million on northwest Arkansas properties in the past year. read more >
Vada Reynolds Joins Flake & Kelley Commercial Northwest as Property Manager (Movers & Shakers)
Vada P. Reynolds has joined the property management team at Flake & Kelley Commercial Northwest in Springdale. She was previously director of property management at The Hathaway Group in Little Rock. read more >
West Springdale Shopping Center Sold in $2.8M Deal
Gary Nichols, through his Hillcrest Holdings LLC, bought the property at 1395 E. Henri De Tonti Blvd. The property was listed at $4.25 million and the seller was First Security Bank of Johnson. read more >
Heber Springs Company Buys Rogers Office Building
A 9,920-SF office building at 3612 Southern Hills Blvd. in Rogers sold for $1.45 million. read more >
Quail Flats Buy Retail Property in Springdale
Quail Flats Properties of Fort Worth bought a half-acre property at the intersection of Highway 412 and Thompson Street in Springdale. read more >
Flake & Kelley’s Matthew Dearnley Sees More Preleasing, Money Upfront on NWA Properties
Matthew Dearnley, the CEO of Flake & Kelley Commercial Northwest, says the northwest Arkansas market has reached a point of possible correction, with certain areas overbuilt. read more >
Centerton Shopping Center Planned Near Future Walmart Supercenter
The Walmart Supercenter planned for Centerton in Benton County hasn’t broken ground yet, but investors are still banking on its drawing power. read more >
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