Petit & Keet to Open May 18
Petit & Keet Bar & Grill, a joint venture between veteran Arkansas restaurateurs Louis Petit and Jim Keet, is scheduled to open May 18, according to a Tuesday news release. It will open in the...
View ArticleHaag Brown Unveils Reserve at Hill Park Development
Haag Brown Commercial Real Estate and Development unveiled on Tuesday The Reserve at Hill Park, a new lifestyle-oriented office project inside the 38-acre, multi-use Hill Park Development. The...
View ArticleFewer People Signed Contracts to Buy US Homes in March
WASHINGTON — Fewer consumers signed contracts to buy U.S. homes last month as the spring buying season revs up with stiff competition for homes amid lagging inventory. The National Association of...
View ArticleNWA Industrial Market Builds on Tricky Landscape
The industrial market is a tricky one in northwest Arkansas. The region’s economy is strong, as is its residential market, its office market and its retail market. Just about anywhere in northwest...
View ArticleTargeted Centers Playing Role In NWA Retail Renaissance
There’s nothing wrong the retail market in northwest Arkansas. The vacancy rate in the market is less than 5 percent and new areas of development are showing promise, experts said. The Pinnacle area in...
View ArticleNWA Vacancy Rates Stable As New Buildings Go Modern
If recent history is any indication, the Rice Office Complex shouldn’t stay vacant for long. That is certainly the hope of CrossMar Investments and Marshall Saviers of Sage Partners. CrossMar is...
View ArticleCoffee Shops On Rise in Downtown Little Rock
Choices for the coffee-loving crowd are proliferating in downtown Little Rock what with the opening or scheduled opening of at least four new coffee shops within the last few months. They are: • A...
View ArticleChenal Commercial Attracts $4M Sale (Real Deals)
A retail building in west Little Rock tipped the scales at $4.01 million. Beefam LLC and Bonerts MV LLC of Santa Ana, California, acquired the 7,457-SF project at 17701 Chenal Parkway, home to Pei Wei...
View ArticlePACE Financing Under Fire From Cotton
Pulaski County Judge Barry Hyde calls PACE financing a home run, something that makes “a lot of sense to a lot of people.” U.S. Sen. Tom Cotton calls PACE a scam to “trick seniors into taking out...
View ArticleZero Mountain Eyes Expansion in North Little Rock
Zero Mountain Inc. of Fort Smith bought approximately 32 acres of land adjacent to its North Little Rock warehouse for $452,000 in early April, and CEO Joseph Rumsey said the purchase was for possible...
View ArticleBurge’s Restaurant Coming to Conway
Conway will be getting a Burge’s Restaurant this summer, at the southeast corner of Dave Ward and Equity drives, at the entrance to the Acxiom campus. It will be Burge’s third location, after...
View ArticleHeritage Department Buys Mosaic State Temple Building
A historic 10,041-SF building in downtown Little Rock recently rang up a $950,000 sale. The Arkansas Department of Heritage bought the former headquarters of the Mosaic Templars of America at 906...
View ArticleRyan Watley Named CEO of Go Forward Pine Bluff
Ryan Watley has been named CEO of Go Forward Pine Bluff, a volunteer group backed by Simmons First National Corp. that aims to stop the city's population decline and bolster its tax base. Watley is an...
View ArticleDowntown Springdale Alliance Names New Director
The Downtown Springdale Alliance on Monday announced that Kelly Hale Syer will serve as its new executive director. A lifelong resident of northwest Arkansas, Syer has more than 25 years of experience...
View ArticleDeltic Timber 1Q Profit Rises on Higher Wood Prices
Deltic Timber Corp. of El Dorado said Wednesday that first-quarter profit spiked 175 percent amid higher prices for lumber and medium density fiberboard. The publicly traded lumber and real estate...
View ArticleDeveloper Brandon Huffman Manages Financial Windfall from Drywall
Brandon Huffman is the president and CEO of Huffman & Co. in Little Rock Huffman grew up in Dallas and Huffman attended the University of Texas from 1996-2000 on a golf scholarship while pursuing a...
View ArticleGateway Retail Sale Tops $3.5 Million (Real Deals)
A 10,430-SF retail building in west Little Rock weighed in at $3.57 million. Gateway Village I LLC, led by Tommy Hodges, sold the 6 Bass Pro Drive project, home of David’s Burgers, Hogman’s Gameday...
View ArticleSt. Bernards Medical Center Tops Jonesboro’s Construction Projects List
Construction projects are flourishing in Jonesboro, despite the financial woes plaguing one of its largest commercial ventures. Inside the city limits, $164 million worth of construction is in motion,...
View ArticleA Historical Look at U.S. Housing Starts
This chart shows privately owned housing starts in the United States from January 1959, when they stood at 1.66 million, through March 2017, when they totaled 1.22 million. The shaded areas indicate...
View ArticleBenton County Projects Costly, Unique
No $21 million, six-story building goes up without a well-thought-out plan. When the building is under construction across the street from the corporate headquarters of Wal-Mart Stores Inc. of...
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