John Flake
Encore Bank, UAMS, AEDC Announce New Leadership & Promotions (Movers & Shakers)
Notable moves include Amy Brown joining Washington Regional and Eric Movassaghi stepping into the CFO role at Encore Bank. read more >
Flake & Co. to Merge With ARK Commercial Real Estate
The combined company will operate under the Flake & Co. name. read more >
Pavilion In The Park Sells For $8.85M
The three-story, European-style galleria in Little Rock is fully occupied. read more >
Landings at Rock Creek Sells for Nearly $15M (Real Deals)
An affiliate of FM Capital of Hollywood, Florida, was the buyer. read more >
by George Waldon -
Breckenridge Village Sale Adds Up to $11.3M
A group led by the Keet family announced the purchase of the Little Rock shopping center last week. read more >
Kanis Medical Plaza Visited by $10.1M Sale (Real Deals)
An affiliate of Catalyst Healthcare Real Estate in Pensacola, Florida, bought the 49,333-SF medical office building in west Little Rock. read more >
by George Waldon -
Former Razorback QB Partners With Longtime Developer on Investment Firm
After meeting for the first time a few months ago, Tyler Wilson and John Flake teamed up to start Cirrus Investments. read more >
by Scott Carroll -
Cantrell West Building Surpasses $10.3M (Real Deals)
A local investment group buys the 55,304-SF office building in west Little Rock from Cantrell West Properties LLC, led by Thomas Vaughan Jr., and JPMS Properties LLC, led by Bryan Jeffrey. read more >
by George Waldon -
Market Place Shopping Center Sells for $12.6M
Market Place Shopping Center in Little Rock has changed hands, selling for $12.6 million. read more >
Arkansas Commercial Real Estate Pioneer Dickson Flake Dies at 81
L. Dickson Flake, the commercial real estate developer whose major projects include the 33-story Regions Center in Little Rock and J.B. Hunt Transport Services headquarters in Lowell, died Tuesday in Little Rock. He was 81. read more >
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CenterPoint Energy Buys Molex Facility in Maumelle for $2.5M
CenterPoint Energy buys the former Molex facility at 101 Bringler Drive in Maumelle for $2.5 million, real estate agents for the seller said Thursday. read more >
by Lance Turner -
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 >
Recent Real Estate Deals Total $2.3M
The $833,347 sale of a bank branch in North Little Rock led the most recent round of real estate transactions. read more >
Black Hills Energy Buys Gas Office (NWA Real Deals)
The 655 E. Millsap Road site was the home of Source Gas, the natural gas utility bought by Black Hills in 2016. The office and site cover more than 3.5 acres. 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 >
Planned Shoppes At Chenal Retail Center Gets Land in WLR
A retail site and a mini-storage project in west Little Rock, multifamily property in Lonoke County, a Little Rock manor and adjoining pet-care projects in Sherwood form this week’s group of million-dollar real estate transactions. read more >
Neuro-Spine Center Sells In $7.5M Transaction (Real Deals)
Arkansas Neuro-Spine Center LLC, led by Dr. Alonzo Williams, sold its namesake project at 9101 Kanis Road. The buyers are Kanis Medical LLC, led by Drs. Christian Michaels and Richard Houk; and Central Properties LLC, led by John Flake. read more >
by George Waldon -
Westchase Plaza Visited By $4.8M Purchase (Real Deals)
Markham & Shackleford LLC, led by Leonard Hasson and Hank Kelley, purchased the 55,766-SF Westchase Plaza and Slim Chickens restaurant at 301 N. Shackleford Road. read more >
by George Waldon -
Cabot’s Steeplechase Apartments Sold for $6.1M
Apartments in Cabot, retail space in west Little Rock, farmland near Carlisle, residential lots near Conway, a residential swap in Pulaski County and undeveloped acreage in Saline County provide a six-pack of multimillion-dollar transactions. read more >
Two Financial Centre Draws $11.3M Sale (Real Deals)
An affiliate of Baptist Health was the majority buyer of the 124,900-SF office building in west Little Rock. read more >
by George Waldon -