Little Rock Ramada Inn Sells for $2.6M
The buyer was Rahul Patel. read more >
The buyer was Rahul Patel. read more >
Sam Alley, chief executive officer of VCC, the Little Rock general contracting company, is being recognized by the Brandon Burlsworth Foundation as the Legends honoree for 2020. read more >
The commercial vacancy rates for the four main cities of the northwest Arkansas corridor range from Fayetteville’s 5.6 percent to Springdale’s 14 percent, sandwiching Rogers (10.5 percent) and Bentonville (12 percent). read more >
Development experts say that hospitals are a great magnet for other retail and residential projects, such as restaurants, service companies and apartments. read more >
The vacancy rate in the retail market in northwest Arkansas is less than 5 percent and new areas of development are showing promise. read more >
While the residential and retail markets are strong in northwest Arkansas, industrial developers see little patience to wait around to be asked to build. read more >
Commercial projects topping $21 million are beginning to come out of the ground at Little Rock’s Gateway Town Center. read more >
Public, private and public-private developments representing tens of millions of dollars in construction are in motion in Searcy. Three projects highlighting each category alone tally more than $42 million. read more >
Melanie Blacklock, Stephen Lane and Michael McGrew of Clark Contractors in Little Rock have been certified as LEED-accredited professionals by the U.S. Green Building Council. read more >
Wendy Russell will continue to oversee sales and marketing strategy for the 288-room Doubletree by Hilton in downtown Little Rock as part of the management team of Waterford Hotel Group Inc. of Waterford, Connecticut. read more >
Access has closed on the $2.6 million purchase of the former First Christian Church at 1500 N. Mississippi in Little Rock, commercial real estate firm Colliers International announced Thursday. read more >
The vacancy rate of the 17.7 million-SF Pulaski County retail market shrunk to 4.7 percent during the first three months of 2016. read more >
The occupancy rate of the 14.5 million-SF central Arkansas office market reached 92.8 percent during the first three months of the year. That upward tick follows first quarter rates of 91.5 percent in 2015 and 88.7 percent in 2014. read more >
The vacancy rate for the industrial real estate market in central Arkansas stood at 10.7 percent in first-quarter 2016, compared with 11 percent in fourth-quarter 2015. read more >
Experts say the market is so good that the problem is finding space to put people in. That demand has raised lease rates, which in turn has made it easier to convince property owners and developers to build. read more >
Brian Shaw of Sage Partners and Butch Gurganus of Colliers International in Bentonville say the industrial market is a tight fix in northwest Arkansas. There’s approximately 30 million SF with a vacancy rate less than 5 percent. read more >
The costs of building things have gone up in northwest Arkansas, developers say. It’s not just that land value has risen, but construction and labor costs have also grown. read more >
In March 2012, Joe Whisenhunt placed a $19 million bet on northwest Arkansas and, four years later, it’s looking like a winner. read more >
The dollar total of $1 million-plus commercial real estate transactions in Pulaski County grew by 7 percent during 2015. Eight of the 25 largest commercial real estate deals in Washington County centered on apartments during 2015, and two more transactions involved land bought for multifamily development. read more >
A private investor group has purchased about 54 acres surrounding the Outlets of Little Rock and Bass Pro Shops in southwest Little Rock, aiming to continue its development as a key entertainment district. read more >
