Articles
Sage Partners Announce Sale to CVS
SAGE PARTNERS ANNOUNCES SALE OF MIDTOWN PROPERTY TO CVS PHARMACY Future CVS site part of former Brandon House Furniture property LITTLE ROCK – The Little Rock office of commercial real estate firm Sage Partners today announced the sale of 1.73 acres of property at...
Bentonville’s Commerical & Residential Highlights
Commercial Highlights From 2015 132 Projects Completed {up 69% from 2014} 132 Permits to Infill Existing Space {up 50% from 2014} 644,883 SF Approved for Development 6 Rezones to Industrial {none in 2014} Residential Highlights 44,073 People 579 Completed Units...
Developers Plan Staybridge Suites for Midtown Little Rock
A local partnership group called Midtown Hospitality LLC plans to invest $13 million to bring a Staybridge Suites hotel to a 2.69-acre site at University Avenue and 12th Street in Little Rock. Commercial real estate firm Sage Partners of Fayetteville announced the...
Iberia Bank Closing Branches Across State
IberiaBank Northeast Arkansas market president Paul Hutcheson said Friday that in the 32 years he has been in the banking industry, there have been a lot of changes. Those changes, especially in technology, caused the bank to announce the closing of six branches in...
New School Receives $13 Million
A $13 million gift from two of Northwest Arkansas’ leading families will allow The New School to add a high school, beginning with ninth grade later this year. The announcement of the $10 million gift from the J.B. Hunt family and a $3 million gift from Todd and...
Emerging Trends in Real Estate for 2016
Emerging Trends in Real Estate 2016 reflects the views of more than 1,800 industry experts, including investors, fund managers, developers, property companies, lenders, brokers, advisers, and consultants. 1. 18-hour cities 2.0 Last year Emerging...
Little Rock airport lands new tenant
The state's largest airport landed a new tenant that officials at Bill and Hillary Clinton National Airport/Adams Field say also represents an economic boost for the wider community. The airport will receive $360,000 in annual income under the agreement that the...
Downtown Investments Continue Among Region’s Largest Cities
Like a snowball packs on more snow and momentum as it rolls downhill, downtowns in Northwest Arkansas’ four largest cities have seen major changes this year. Springdale’s City Council was the most recent to join the pack when it adopted a new master plan to guide...
110,000 SF Leased at CrossMar Park
Brian Shaw and Marshall Saviers recently leased 110,000 SF at CrossMar Park in Bentonville to Reverse Logistics and Supply Chain company, The Recon Group. The 110,000 SF building is located at 4901 SW Regional Airport Blvd., directly across from the Walmart...
Buying Sprees of Arkansas Banks Tops List of Top 10 Arkansas Business Stories of 2015
The acquisition trail was well traveled by Arkansas lenders in 2015, with the most prominent destinations for new deals lying in Georgia, Florida and Missouri. Little Rock’s Bank of the Ozarks Inc. led the procession with a string of out-of-state stock-swap...
Fayetteville named among top three cities to start a business
The rest of the world is slowly but surely figuring out what local residents already know. Fayetteville is a pretty incredible place. The latest organization to realize this is San Francisco-based research and technology company, Data Fox, who recently rated...
Simmons Foods to Spend $26M on New Facility, Create 78 Jobs
Simmons Feed Ingredients, part of Simmons Foods Inc. of Siloam Springs, said Tuesday that it will invest $26 million in its new 89,125-SF pet food ingredient facility, generating 78 new jobs. Simmons Foods, a private company that produces poultry, pet food and...