Buttigieg: Infrastructure Needs Fixes, Long-Term Investment
Now is the right time to repair infrastructure and invest in it for the future, U.S. Secretary of Transportation Pete Buttigieg says marking the 50th anniversary of the McClellan-Kerr Navigation System. read more >
Gratis Industrial Ground Remains a Go-To Incentive
Unlike other companies calling, Amazon didn’t focus on incentives when it paid the market rate for its future distribution center property. read more >
by George Waldon -
Panel: Planning Key to Meeting Arkansas’ Infrastructure Needs
Many of Arkansas’ current infrastructure projects require long-term plans that can be modified as needed, four industry professionals said during the “RechARge Arkansas: Regional Infrastructure Update” webinar. read more >
Keystone Cancellation Casts A Shadow at the Little Rock Port
President Joe Biden revoked the federal permit for the on-again, off-again Keystone XL oil pipeline on Wednesday, a move that will have ripple effects on Welspun Tubular LLC of Little Rock and the Little Rock Port. read more >
ABC Properties Sell In $4.5M Deal (Real Deals)
ABC Real Estate LLC, led by Jim Bottin, sold three office buildings on the ABC Financial campus and adjoining properties in Sherwood for a combined $4.5 million transaction read more >
by George Waldon -
Midtown Little Rock Project Visited by $1.4M Sale (Real Deals)
Dukan Holding LLC, led by Dadiqu Ali and Murad Mandani, purchased the 1203-1205 S. University Ave. project. read more >
by George Waldon -
Little Rock Buys New Home for Beacon
The city of Little Rock spent $540,000 to buy 100 acres of east Pulaski County north of the Arkansas River to relocate a piece of antiquated flight technology. read more >
Greg Joslin Elected Chair of Little Rock Port Authority
The Little Rock Port Authority Board of Directors elected Greg Joslin as chair. His term will run begins in July and runs through June 2021. read more >
Amazon Closes on $3.2M Land Purchase in Little Rock Port
Seattle-based retail giant Amazon has officially closed on its $3.2 million acquisition of city-owned land at the Little Rock Port. read more >
Little Rock Port Loses Its Chance at a Record
Bryan Day had big expectations in 2020 for the Little Rock Port Authority. read more >
by Marty Cook -
Planes, Trains and Barges: Little Rock Port Authority Turns 60
Lance Fritz, the head of Union Pacific Railroad, said last week during a Q&A panel celebrating the Little Rock Port Authority's 60th anniversary that he had cautionary words for President Trump regarding the country’s trade war with China. read more >
by Marty Cook -
Markham West Ownership Shifts in $19.7M Transaction (Real Deals)
Affiliates of Weingarten Realty of Houston, Texas, were on either side of a $19.75 million transaction involving a 166,735-SF retail project in west Little Rock. read more >
by George Waldon -
Otter Creek Cottages Host $5.7M Transaction (Real Deals)
An affiliate of Read Property Group of Brooklyn, New York, purchased the 96-unit apartment project in west Little Rock. read more >
by George Waldon -
Recent Real Estate Deals Total $960K
Hwy 107-10.3 LLC of North Little Rock, led by Byron McKimmey, bout a 10-acre commercial parcel and vacant 2,160-SF retail building at 14177 Highway 107 in Gravel Ridge for $535,000. read more >
French Hill, Little Rock Port Mark First Part of $10.5M Expansion
U.S. Rep. French Hill joined the Little Rock Port Authority to celebrate the completion of the first phase of a two-phase, $10.5 million project that will make improvements to Slackwater Harbor, including a new dock with direct dock-to-rail capability and new rail storage. read more >
Municipal League Recognizes Lane, Ellington (Movers & Shakers)
Kirk Lane and Scott Ellington were honored recently at the Arkansas Municipal League’s 84th convention in Little Rock. read more >
Little Rock Port Employee Killed in Train-Semi Collision
Authorities say a Little Rock Port Authority employee was killed when a train crushed him after it collided with a semi. read more >
by Associated Press -
Board of Directors Stay Anchored at Little Rock Port Authority (Movers & Shakers)
Dexter Doyne has been re-elected chair of the Little Rock Port Authority board of directors. read more >
Little Rock Port Reports Tonnage for January
The Little Rock Port Authority reports that January activity across all operations started the year off on a positive note. read more >
Little Rock Port Buys 157 Acres for $1.35M
The Little Rock Port Authority completes a $1.35 million acquisition of 157 acres to be used for economic development. read more >