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Riverdale Industrial Building Sells for $7.5M

Dake OK LLC, led by Merritt Dake purchased the 69,609-SF industrial flex building on the northern end of the 2201 Brookwood Drive project.

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Food Distribution Sale Registers $13 Million (Real Deals)

4901 Asher Owner LLC, an affiliate of New York’s Box Equities, bought its namesake address from QFI-Little Rock AR LLC, an affiliate of Performance Food Group of Richmond, Virginia.

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Pure Apartments Sold For $43 Million (NWA Real Deals)

Timberland Partners of Bloomington, Minnesota, paid $43 million for the Pure Springdale apartment complex on Gene George Boulevard.

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Robert Geary Appointed Controller of Sowell Management (Movers & Shakers)

He was previously controller of Coulson Oil Co. of Little Rock.

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UA Board Approves Firms for Bud Walton Arena Renovations

The architecture and design firms will now begin a six-month study on how to overhaul the 30-year-old basketball arena. Projected costs are between $50 - $100 million.

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Is it a 'Richcession'? Or a 'Rolling Recession'? Or Maybe No Recession At All?

The warnings have been sounded for more than a year: A recession is going to hit the United States. If not this quarter, then by next quarter. Or the quarter after that. Or maybe next year.

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Arkansas Business Announces This Year's 20 in Their 20s Honorees

This year's honorees range from engineers and lawyers to rising stars in the financial sector.

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Walton Foundation's Design Excellence Program Announces 2 Bentonville Projects

The organization also announced the appointment of Ellen Dunham-Jones to the Design Excellence Selection Committee.

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Average Long-Term US Mortgage Rate Rises to 6.71%

The increase brings the average rate back to where it was three weeks ago. On June 1, it averaged 6.79%, its highest level so far this year.

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Westrock Plant Renovation Grows to $300M Project; 850 New Jobs Expected

Westrock said the scope of the project has expanded "due to overwhelming response from customers."

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Bentonville Hotel Rings Up $18M Sale

Shash Goyal, a prominent hotel owner in Little Rock, bought the Hilton Garden Inn at 2204 SE Walton Blvd.

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Lyon College’s Dental & Veterinary Schools Bring $4M Remodel to Heifer...

Clark Contractors will remodel the third and fourth floors of the Heifer International headquarters at 1 World Ave. in downtown Little Rock.

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Apartment Threesome Adds Up to $19.6M (Real Deals)

A series of apartment transactions encompassing 290 units tipped the scales at $19.6 million.

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Chris Treat Named President of Citizens Bank's Trust Division (Movers & Shakers)

He is responsible for the division’s growth profitability, business retention and development.

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Windstream Receives More Georgia Grants for Broadband Projects

The $20.4M project will provide more than 8,000 homes, businesses and schools in underserved communities with high-speed internet.

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Federal Reserve Minutes: Some Officials Wanted to Raise Interest Rates Last...

They signaled that they might raise rates twice more this year, beginning as soon as this month.

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Average Long-Term US Mortgage Rate Climbs to 6.81% This Week

It's the second consecutive week of higher rates, lifting the average rate to its highest level since it surged to 7.08% in early November.

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Efficient New Homes Going Up in Osceola

The first homes in the $30 million Riverback Estates development project in Osceola are expected to be ready for sale in October.

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Subaru of Little Rock to Build $5.3M Service Facility

A new Subaru facility and several new homes kick off this week’s million-dollar deals and construction contracts in Pulaski County.

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Former Furniture Factory Outlet in Rogers Sells for $2M

Johnny Nguyen, through his Nguyen & Do LLC, bought the 13,760-SF retail-warehouse property on West Walnut Street, the former home of an FFO.

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