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Real Estate in NWA Is Red Hot

Arkansas Business, 2022-10, Vol.39 (42), p.18-18

COPYRIGHT 2022 Journal Publishing, Inc. ;Copyright Arkansas Business Oct 17-Oct 23, 2022 ;ISSN: 1053-6582

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  • Title:
    Real Estate in NWA Is Red Hot
  • Author: Turner, Lance
  • Subjects: Commercial real estate ; Commercial space ; Industrial space ; Office space ; Real estate industry ; Site planning ; Vacancies
  • Is Part Of: Arkansas Business, 2022-10, Vol.39 (42), p.18-18
  • Description: For commercial space, the report, which analyzes sales activity, vacancy rates and absorption in the first half of 2022, showed: * The vacancy rate for commercial real estate fell to 5.8%, down from 8.9% in the first half of 2021. For all intents and purposes, there is no available warehouse space in Benton, Madison or Washington counties. * Vacancy rates for office space fell to 9.1% from 11.2% in the first half of 2021. According to Marshall Saviers, the CEO of Cushman & Wakefield/Sage Partners, which manages the highprofile property, The Ledger, barely open, is already 60% spoken for.
  • Publisher: Little Rock: Journal Publishing, Inc
  • Language: English
  • Identifier: ISSN: 1053-6582
  • Source: ProQuest Central
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