Unemployment Rates Trend Lower in Arkansas
The unemployment rates in most of Arkansas’ metro areas continued to move downward or stay stable in June, with Fayetteville, Jonesboro, Little Rock and Texarkana seeing declines. read more >
Tagged: Construction
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 >
Governor Announces Appointments to Boards, Commissions
Gov. Asa Hutchinson on Wednesday announced the following appointments. read more >
Bob Shell, Former Chairman of Baldwin & Shell, Dies at 88
Bob Shell, the former chairman of the Little Rock construction company that bears his name, died Tuesday. He was 88. read more >
Ground Broken for $350M Casino Resort
The Quapaw Nation has broken ground on a $350 million casino resort expected to open in Arkansas next year. read more >
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 >
Tian Yuan Chairman Offers Details of Little Rock Expansion
Tian Yuan Chairman Tang Xinhong gives details about the garment-maker's expansion plans at the Port of Little Rock read more >
Marijuana Cultivator Rising In Newport Adds Illinois Ally
Don Parker can tell you chapter and verse about how he’ll grow medicinal marijuana at a $9 million, 35,000-SF cultivation facility his company is building in Newport. But ask where he’ll get his first plant or seed, and he goes quiet for a beat. read more >
Distribution Center Tops $20.7M Mark (Real Deals)
Glen Una Holdings Little Rock LLC of Los Gatos, California, purchased the 104 Champs Blvd. project from RCS-Little Rock LLC, an affiliate of Real Capital Solutions of Louisville, Colorado. read more >
BSR REIT Moves Into Year 2 After IPO
When Little Rock’s BSR Real Estate Investment Trust joined the ranks of public companies last year, the venture was greeted with a rough ride that didn’t correlate with its operational performance. read more >
PotlatchDeltic Hires Sage to Market Chenal Valley Property
PotlatchDeltic has selected Cushman Wakefield-Sage Partners as its broker for the sale and development of commercial property located in west Little Rock’s Chenal Valley. read more >
US Employers Added 164K Jobs in July; Unemployment Rate Held at 3.7%
U.S. employers slowed their hiring in July, adding a still-healthy 164,000 jobs to an economy that appears poised to extend its decade-plus expansion. read more >
US Business Economists See Slower Growth and Profits Ahead
U.S. business economists expect economic growth to slow this year, and a rising proportion of them think corporate sales and profits will decline. read more >
Lonoke County Acreage Sold for More Than $3.6M
Farmland in Lonoke County, a postal building and car wash in west Little Rock and an office building in downtown Little Rock form this week’s quartet of million-dollar transactions. read more >
Arizona Affiliate Buys Future Medical Marijuana Dispensary Location
Gallery B Inc., led by John Magee, reaped a purchase price of $200,000 for the ramshackle 2,512-SF building that housed Gallery 360 and will house Natural State Wellness Dispensary. read more >
State’s Voters to Rule Again on Sales Tax for Road Work
In 2012, Arkansans got to vote on a proposal to help fund highway construction. In 2020, they will get to do it again on a permanent basis. read more >
WLR Apartment Combo Produces $22.1M Sale (Real Deals)
An affiliate of Little Rock’s BSR Trust LLC sold the 256-unit Waterford Apartments project for $18.15 million and the 72-unit Bowman Heights project for $4 million. read more >
Fayetteville Realty Group Buys Hotel, Event Venue (NWA Real Deals)
Specialized Real Estate Group of Fayetteville has taken sole possession of Pratt Place Inn & Barn, a hotel and event venue in Markham Hill in Fayetteville. 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 >
Southeast Arkansas Gets $10.5M Grant for Short Line Rail
The U.S. Department of Transportation announced Thursday that a $10.5 million grant will be awarded to southeast Arkansas through the Infrastructure for Rebuilding America program. read more >
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