Flake & Kelley Commercial
In Amazon’s Wake, Big Project Marks Area as Warehouse Hub
Amazon and the Central Commerce Center heat up speculation in the Little Rock metro, with more top-notch space in the development pipeline. read more >
by George Waldon -
Update: John Flake Joins Daughter’s Real Estate Firm, Flake & Co.
John Flake, a long-time leader in Arkansas' commercial real estate industry, says he's "immediately" leaving Flake & Kelley Commercial of Little Rock to join his daughter's firm, Flake & Co. of Little Rock, which she founded this year. read more >
Jessica Flake Dearnley Calls Keeping Conservative Cash Flow Cure for Post-Pandemic
Jessica Flake Dearnley, the co-founder of Flake & Co. of Little Rock, expects Arkansas to rebound quickly once the pandemic has passed. read more >
Jackson Thilenius Takes SVP Role at RDC of Rogers (Movers & Shakers)
Jackson Thilenius has been named senior vice president of hospitality and interiors at RDC, an architecture, planning and interior firm based in Long Beach, California. Thilenius has moved to RDC’s office in Rogers. read more >
Wish, Johnson Given New Roles at First Service Bank (Movers & Shakers)
Kevin Wish has been hired as the new community market president and senior loan officer at First Service Bank in Conway. Dawn Johnson is the new small-business and consumer loan officer. read more >
Redevelopment, New Construction Mix in Retail Market
Big box stores which once housed bankrupt retailers are getting filled by snazzy companies like Trader Joe's while new construction continues to build in west Little Rock. read more >
by George Waldon -
Commercial Office Parks Sells for $1.88M
The five contiguous buildings that make up Commercial Office Park in North Little Rock and offer 40,000 SF of general office space have sold for $1.88 million. read more >
Arvest Bank Sells 36 Lots For $170K
Arvest Bank recently sold 36 lots in the Kanis Village subdivision of Little Rock for $170,000. read more >
Former Munro Shoe Factory in Hot Springs Sold for $878K
Munro & Co. of Hot Springs has sold its former shoe factory at 190 Elmwood Drive in Hot Springs for $878,000 to Cobalt Investments LLC. 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 >
River Market, 300 Third Towers Now Under New Management
Two high-rise residential condo projects in downtown Little Rock are under new local management read more >
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 >
Stone Bank Opens New Branch in Little Rock
Stone Bank of Mountain View has finished renovating an 18,000-SF space in Little Rock for $1 million and opened its fourth retail banking location in Arkansas there. read more >
VR Puts Clients Inside Design Projects
Virtual reality isn’t just for gamers anymore. An architecture firm, a construction company and a furniture dealer in central Arkansas, for example, are using the technology to offer their clients a better experience. read more >
Investment Group Buys Medical Office Building for $7.5M
The four-story, 49,333-SF Arkansas Neuro-Spine Center at 9101 Kanis Rd. in Little Rock sold for $7.5 million to local investment group Kanis Medical LLC, led by Drs. Christian Michaels and Richard Houk. read more >
Stone Bank Adds Two to State’s Staff (Movers & Shakers)
Cameron Stone has joined Stone Bank of Mountain View as a lending officer in the White Hall branch, and Ben Hargrave has been named a credit analyst in the Little Rock office. read more >
Mike Neil Signs On With Absolute Heat & Air (Movers & Shakers)
Mike Neil has joined Absolute Heat & Air in Springdale as a partner. He joins the company with more than 15 years of experience working for HVAC companies. read more >
Ozark National Life Building Sells for $3.25M
Max Mehlburger's Normandy Place LLC of Little Rock has purchased the Ozark National Life Building at 10201 W. Markham St. in Little Rock for $3.25 million. read more >
Two Financial Centre Sold for $11.3M
Two Financial Centre at 10825 Financial Centre Parkway in west Little Rock sold for $11.3 million to local investment group Two Financial Centre Holding Co., the Kelley family and the Flake family. read more >
Little Rock’s Metrocentre Mall District Begins Dissolution Process
Property owners in downtown Little Rock’s Metrocentre Improvement District No. 1 are finally getting a break from decades of shouldering $12.5 million of debt. read more >
by George Waldon -