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Mitchell Gets Early Start as Citizens CEO (Movers & Shakers)

Adam Mitchell’s promotion to chief executive officer of Citizens Bank in Batesville was effective April 1, three months earlier than originally announced.

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Little Rock Corporate Center Headlines $5.1M Sale (Real Deals)

The mixed-use Little Rock Corporate Center in south Little Rock and the Martin Brower Co. warehouse in North Little Rock were both bought by companies led by Justin Muller and Drew Holbert.

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U.S. Labor Force Recovery Remains Remote

The coronavirus pandemic pushed the unemployment rate in the United States to near record highs and caused millions of workers to leave the workforce, and a year later, the labor market remains far...

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Sage Executives Change Roles, Bolster Little Rock Ops

Cushman & Wakefield/Sage Partners shifts its top leadership and puts new emphasis on its central Arkansas operations.

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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.

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U.S. Construction Spending Up in March Less Than Expected

U.S. construction spending bounced back in March following a February beset by frigid cold and winter storms across large swaths of the country.

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15 Floors of Hot Springs' Medical Arts Building Sell for $1.18M

Floors 1-15 of the historic, 16-story Medical Arts Building at 236 Central Ave. in Hot Springs have sold for nearly $1.18 million.

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First National Bank of Paragould Eyes Nashville with Bank Buy

First National Bank of Paragould says it will buy Citizens Bank of Hartsville, Tennessee, expanding into the Volunteer State and raising its total assets to about $2.1 billion.

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Drax Group to Invest $40M in 3 New Plants, Create 30 Jobs

Drax Group says it will begin building the first of three new "satellite" pellet plants in Arkansas later this month.

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Birch Leads National Workforce at RLISC (Movers & Shakers)

Justin Archer Birch has been named the national director of workforce development at Rural Local Initiatives Support Corp., a nonprofit community development financial institution, in Little Rock.

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Fountaine Bleau West Sells for $45.4M (Real Deals)

Burkhalter F.B.W. LLC, led by John Burkhalter, sold the 245-unit Fountaine Bleau West project at 4200 S. Bowman Road in Little Rock to an affiliate of Forge Partners of Rancho Santa Fe, California.

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Arkansas Population Grows 3.3%

The population of Arkansas grew 3.3% between 2010 and 2020, to 3,013,756 people, according to the U.S. Census Bureau.

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It’s Called A Job Market (Gwen Moritz Editor's Note)

With so many companies hiring at the same time, the best workers have options.

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Quartet of Modus Homes Sells for $1.35M

Four rental homes designed by Fayetteville architects Modus Studio sold for $1.35 million.

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Kum & Go Finds Fayetteville Comfort

The convenience store chain Kum & Go of Des Moines, Iowa, didn’t waste much time jumping on a probable future store location in west Fayetteville.

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Hotel Hot Springs Developer Settles $80M Judgment

The troubled real estate developer Gary R. Gibbs recently agreed to settle a case with a creditor in his bankruptcy for $80 million.

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Pine Meadow Mobile Home Park Sold for $3.4M

A manufactured housing development in Jacksonville and a trio of apartment buildings combine for this week’s installment of million-dollar real estate transactions.

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Pediatrics Plus to Buy CCDFE Centers in Alma, Van Buren

Pediatrics Plus says it's acquiring two Center for Childhood Development and Family Education (CCDFE) centers in Alma and Van Buren.

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It’s Called A Job Market (Gwen Moritz Editor's Note)

With so many companies hiring at the same time, the best workers have options.

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Q1 Income Down 9%, But BSR REIT Expects Growth This Year

BSR Real Estate Investment Trust of Little Rock reports first-quarter total portfolio net operating income of $13.4 million and total portfolio revenue of $25.8 million.

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