Tandem Self-Storage Sales Combine for $5.2 Million (Real Deals)
A pair of mini-storage projects in southwest Little Rock changed hands in two deals totaling $5.2 million. SSCP Geyer Springs Rd LLC acquired the 376-unit project at 8015 Geyer Springs Road for $3.16...
View ArticleFort Smith, Great River Bridges Comprise Arkansas' 'Wish List'
There was almost too much open road for Scott Bennett to contemplate. So the director of the Arkansas Highway & Transportation Department had to narrow his options in January after Gov. Asa...
View ArticleArchitect Compensation in Arkansas
The mean annual wage for architects in Arkansas in 2015 was $68,540 compared with $82,850 nationally, according to the U.S. Bureau of Labor Statistics. The bureau’s Occupational Employment Statistics...
View Article‘Colorado Craftsman’ Project Enters Little Rock Market
A new development vision with a Western flair has recast a would-be Little Rock subdivision into a $40 million townhome project. In recognition of a market shift in millennial housing patterns, Village...
View ArticlePlanet Fitness in Fayetteville Sold
The Planet Fitness just off Wedington Drive in Fayetteville was sold for $3.45 million this past week. BNC Rental LLC, led by Rick Carpenter of Fayetteville, bought the property from Forest Hills...
View ArticleUS Compounding Purchase Leads Million-Dollar Deals in Conway
This week’s installment of multimillion dollar real estate transactions features a Conway quartet. • Adamis Pharmaceuticals Corp. of San Diego bought the 16,452-SF US Compounding facility at 1270 Don’s...
View ArticleSentencing Set for Fort Smith Developer Brandon Woodrome
Brandon Woodrome, the 29-year-old Fort Smith construction company owner, will be sentenced April 18 for one count each of bank fraud and wire fraud. In September, Woodrome waived indictment and plead...
View ArticleDeltic Timber Names New CEO, Fires CFO
Deltic Timber Corp. of El Dorado on Monday named John D. Enlow, formerly of Weyerhaeuser, as its new chief executive and revealed that it had fired its chief financial officer for misappropriating...
View ArticleUS Services Firms Expand at Fastest Pace Since October 2015
WASHINGTON — U.S. services companies expanded in February at the fastest pace since October 2015. The Institute for Supply Management, a trade group for purchasing managers, said Friday that its...
View ArticleYellen Signals the Fed Will Likely Raise Rates This Month
WASHINGTON — Federal Reserve Chair Janet Yellen signaled Friday that the Fed will likely resume raising interest rates later this month to reflect a strengthening job market and inflation edging toward...
View ArticleJohnny Cash’s Footsteps Lead Tourists Back in Time to Dyess
The legacy of American musician Johnny Cash attracts history buffs and music fans from dozens of countries and every state to his boyhood home in the Historic Dyess Colony, the largest agricultural...
View ArticleMidsouth Bank Accuses Arkansas Convention Center Owner of Fraud
MidSouth Bank of Lafayette, Louisiana, has asked a bankruptcy court judge not to allow Dr. Hiren D. Patel, who owns the Arkansas Convention Center & Holiday Inn in Texarkana, to be allowed to walk...
View ArticlePodiatrist's Purchase of Convention Center Gives Texarkana Officials Cold Feet
A Texas podiatrist with a past that includes a federal conviction wants to buy the troubled Arkansas Convention Center & Holiday Inn out of bankruptcy — and that has some Texarkana officials on the...
View ArticleAuto Dealership Buys Surpass $41 Million (Real Deals)
A series of auto transactions in Pulaski County added up to $41.5 million. Affiliates of Little Rock’s McLarty Auto Group bought four auto properties from affiliates of Asbury Automotive Group of...
View ArticleNLR's Ridge Road Village Sold in $7 Million Deal
A multifamily project in North Little Rock, apartment land, a restaurant and hotel land in west Little Rock and a Heights home in Little Rock form a five-piece of multimillion-dollar transactions in...
View Article2 Fayetteville Apartment Projects Score Big Sales
Two Fayetteville apartment complexes were sold in separate, multi-million dollar deals. BSR Trust of Little Rock paid slightly more than $32.68 million for the Mountain Ranch Apartments on Coral Canyon...
View ArticleBill Targets Clean Line, Contrasting With Trump's Zeal for Infrastructure
Opponents and supporters of the Plains & Eastern Clean Line, a $2 billion power line project that would transmit wind-generated electricity across the width of Arkansas, have opened an ideological...
View ArticleSkyline Report Shows Balanced NWA Real Estate Market
In northwest Arkansas, supply kept pace with demand as residential building permits and new homes being occupied increased almost equally, according to Arvest Bank's Skyline Report for the second half...
View ArticleReport: Arkansas Home Sales, Prices Increased in January
The Arkansas Realtors Association said Wednesday that both home sales and the average price of homes sold increased in January. The report, which surveys home sales in 43 counties, showed 1,943 homes...
View ArticleSimmons Bank Buys Acxiom Building in Downtown Little Rock
Simmons Bank of Pine Bluff has purchased the 12-story Acxiom Building in downtown Little Rock, and Acxiom Corp. will move its headquarters back to Conway, where it was founded, the two companies...
View Article