$5.4M Sale-Leaseback Visits Watkins Project (Real Deals)
A 162,970-SF printing facility in Little Rock’s Otter Creek Industrial Park is under new ownership after a $5.49 million sale-leaseback transaction. Indian Bayou Farms LLC, led by Stephanie Rae Smith,...
View ArticleNew Homes Sales Rebounded 2.9 Percent in May
WASHINGTON — Sales of new homes rebounded in May, helped by strong sales gains in the South and West. Sales new single-family homes rose 2.9 percent last month to a seasonally adjusted annual rate of...
View ArticleCondo Inventory Dwindles at 7-Story Legacy Building
After crashing on takeoff, Fayetteville's Legacy Building is finally approaching full developmental realization under its fourth ownership group. More than a decade after the first condominium changed...
View ArticleRees Commercial Plans Upscale Hamilton Apartments
Heard about a proposed upscale multifamily development in the works for west Little Rock? The Hamilton Apartments is the name of the four-story, 248-unit complex planned for 11 acres adjoining the...
View ArticleKmart in Cabot A Seven-Digit Deal
A 91,224-SF store in Cabot and a 7,476-SF mansion in west Little Rock's Chenal Downs neighborhood form a million-dollar-plus duo of real estate transactions. Cabot Crossing LLC of Jonesboro, led by...
View ArticleDave & Buster's to Rogers?
Is Dave & Buster's of Dallas coming to Rogers' Pinnacle Hills Promenade Mall? There is a rumor the Dallas-based restaurant-entertainment chain has set its sights on the former food court area of...
View ArticleSalter Properties to Start Work on J Lofts in Conway
Will Conway have a trendy "walkable" downtown? Salter Properties is working on it. The firm expects to break ground on its multifamily J Lofts development at 1050 Spencer St. next month and rent the...
View ArticleRidgecrest Apartments Visited by $5M Transaction (Real Deals)
A 222-unit apartment project in west Little Rock weighed in at $5.15 million. Ridgecrest LRAR LLC of Encino, California, acquired its namesake complex at 1900-2000 Reservoir Road from Tri-5 LLC, an...
View ArticleHarps Foods Sells Site It Bought in December (NWA Real Deals)
Harps Food Stores Inc. of Springdale sold its Price Cutter Food Warehouse in Springdale a few months after buying it. Harps sold the 48,450-SF facility for $2.1 million to P10B LLC of Springdale, which...
View ArticleSouth Carolina Firm Buys Bowman Shopping Centers for $7.1M
Ziff Properties Inc. of Charleston, South Carolina, has closed on its $7.1 million purchase of the Bowman Curve I & II shopping centers in Little Rock, Colliers International Arkansas announced...
View ArticleAfter 65 Years, Red Gate Liquor to Close
Red Gate Liquor at 13325 Interstate 30 in Little Rock is closing after 65 years in business.
View ArticleWhite River Health System Plans 40,000-SF Expansion
The White River Health System is seeking city council action to move forward with building a 40,000-SF medical office building for bone and joint health care services in Batesville.
View ArticleScenic Hill to Build $10M Municipal Solar Plant in Clarksville
Scenic Hill Solar of Little Rock and Clarksville's city-owned utility have partnered to build the largest municipal power source in Arkansas using renewable energy.
View ArticleAverage US Mortgage Rates Flat to Lower; 30-Year at New Low
Long-term U.S. mortgage rates were unchanged to lower this week, as the benchmark 30-year rate reached a new low for the year.
View ArticleCalifornia Group Buys Sterling District For $57M
A California real estate group paid $57 million for the Sterling District student housing complex in downtown Fayetteville.
View ArticleWestLake Corporate Park Draws $45.8M Transaction (Real Deals)
STP Westlake Ltd. of Dallas purchased the six-building WestLake Corporate Park and 16.3 acres of undeveloped land.
View ArticleNLR's West Scenic Apartments Sold in $4 Million Deal
A 140-unit apartment complex in North Little Rock, an automotive development in west Little Rock and undeveloped land in Little Rock’s Riverdale area provide a trio of multimillion-dollar transactions.
View ArticleFuqua's Jewelry Makes Move from Star City to Little Rock
The former Allied Bank location at 1022 W. Capitol Ave. will house Fuqua’s Jewelry.
View ArticleCentral Arkansas Office Space Vacancy Rate Hits 7.8%
The total vacancy rate for the Little Rock office market rose to 7.8 percent in first-quarter 2017 compared with 7.4 percent in the year-earlier quarter.
View ArticleHospital Boom Creates Development Ripples Across Northwest Arkansas
Development experts say that hospitals are a great magnet for other retail and residential projects, such as restaurants, service companies and apartments.
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