Terraforma LLC
City Refresh: Little Rock, North Little Rock Downtowns See Redevelopment Momentum
Redevelopment activity is on the rise across the downtowns of Little Rock and North Little Rock with apartment, townhomes and reimagined historic buildings. read more >
by George Waldon -
Developers Plan $70M Upscale Apartment Complex on Arkansas River
Three development groups announce plans to build a $70 million, 360-unit upscale apartment complex along the Arkansas River in North Little Rock. read more >
by Lance Turner -
Quality Inn Acquisition Checks In at Nearly $1.4M (Real Deals)
Sohang Krupa LLC, led by Jaiminbhai and Zalakben Patel, bought the 59-room hotel in Jacksonville. The seller is Shree Laxmi Krupa Inc., led by Chandrika Patel. read more >
by George Waldon -
Recent Real Estate Deals Total $1.8M
The $640,000 sale of 2.9 acres on the outskirts of Sherwood led the most recent round of real estate transactions. read more >
Move-in Ready at Argenta Plaza
Two centerpieces of a $65 million construction boom surrounding the new Argenta Plaza in North Little Rock — the First Orion Building and 600 Main — opened for move-ins recently, just in time for workers to start moving out because of the coronavirus pandemic. read more >
by Kyle Massey -
Argenta Rolls On: ‘It All Builds on Itself’
Argenta’s one square mile has anchored some $500 million in downtown commercial projects in the past 20 years with the dedication of Argenta Plaza highlighting the latest development efforts. read more >
by Kyle Massey -
Tandem Apartment Sales Combine for $56.5M (Real Deals)
Affiliates of B&M Management Co. of Montgomery, Alabama, bought the Stonebridge and Carrington Park apartment projects from affiliates of Philadelphia’s Independence Realty Trust. read more >
by George Waldon -
Postal Purchase Delivers $2.7M Transaction (Real Deals)
An affiliate of Nationwide Postal Management Inc. purchased the 19,500-SF post office administration building at 420 Natural Resources Drive in Little Rock. read more >
by George Waldon -
Lonoke County Farmland, Conway Hardee’s Lead Recent Seven-Digit Deals
Farmland in south-central Lonoke County, a fast-food eatery in Conway, a mini-storage project in downtown Little Rock, a medical office building in west Little Rock and commercial sites in Benton form this week’s list of million-dollar real estate transactions. read more >
Recent Real Estate Deals Total $1.9M
K.C. Cagle Insurance Agency Inc. of Little Rock, led by Karen Cagle, bought the 3,636-SF office at 21620 Highway 10 on the western edge of Little Rock for $539,000. read more >
Developers Say $35.6M Apartment Complex Slated for Argenta
Construction will begin in the next few weeks on a $35.6 million, 244-unit upscale apartment complex in downtown North Little Rock that will be called The Vue. read more >
Between Venues, Investments Continue in Argenta
The debut of a major riverfront arena 20 years ago turned out to be a warmup act for the real headliner: a sweeping transformation of downtown North Little Rock. read more >
by Kyle Massey -
Presidential Hotel Sale Tops $12.7M Mark (Real Deals)
Affiliates of CSK Hotels of Fort Smith, purchased the Holiday Inn Presidential at 600 Interstate 30 and adjoining parking read more >
by George Waldon -
Recent Real Estate Deals Total $2.7M
Haybar Properties and Arkansas Community Colleges, led by Steve Cole, recently exchanged office buildings in two separate transactions. read more >
$2M Rusty Tractor Vineyards In the Works For Southwest Little Rock
Real estate developer Doug Meyer and his wife, Sheree, are investing close to $2 million in Rusty Tractor Vineyards, an 80-acre property off David O. Dodd Road in southwest Little Rock that’s envisioned as a winery and an event venue. read more >
by Jan Cottingham -
Gateway Retail Sale Tops $3.5 Million (Real Deals)
Gateway Village I LLC, led by Tommy Hodges, sold the 6 Bass Pro Drive project, home of David’s Burgers, Hogman’s Gameday Superstore and more. read more >
by George Waldon -
Acxiom Building Hosts $25 Million Transaction (Real Deals)
Acxiom Corp. sold its 12-story headquarters and supporting five-story parking deck at 601 E. Third St. to Simmons Bank of Pine Bluff. read more >
by George Waldon -
Acxiom Moves Toward Creative Corridor Offices
Acxiom Corp. signed a lease this week for 11,215 SF of office space in downtown Little Rock's Creative Corridor. read more >
by George Waldon -
Terraforma Buys NLR Riverfront Land for Entertainment District
Terraforma LLC of Maumelle says it has purchased 5.6 acres along the Arkansas River near Broadway Bridge from the city of North Little Rock for $2.6 million. read more >
Arkansas Surgical Hospital Registers $56.6 Million Sale (Real Deals)
Broadstone Ash Arkansas LLC, an affiliate of Broadstone Real Estate of Rochester, New York, bought the Arkansas Surgical Hospital at 5201 Northshore Drive. read more >
by George Waldon -