CEI Engineering Associates Inc., a national commercial development services firm, is planning to relocate its Bentonville headquarters to a new and larger address in the city.
The company recently signed a lease for 36,851 square feet (two floors) in the Rice Office Complex (ROC), a 33-acre office park at 2500 N.E. 11th St. north of the Arkansas Highway 72 exit off Interstate 49. CEI is subleasing the space from New York-based Genpact, a global professional services firm.
David Erstine and Hunter Groce with CBRE in Fayetteville brokered the deal representing Genpact. ROC Complex I LLC owns the four-story building, which was built in 2020.
The relocation will more than double CEI’s office footprint. The company leases about 14,000 square feet in the Regency Park Business Centre at 3108-3200 S.W. Regency Parkway in Bentonville.
“We are seeing many examples of engineering firms expanding in the market,” Erstine said.
A CEI spokeswoman said the relocation will take place in the first quarter of 2024. Ed Belto with Moses Tucker Partners in Bentonville is marketing the company’s existing offices just off Walton Boulevard. Rose Properties LLC is the building’s owner.
CEI has provided civil engineering, land surveying and landscape architecture services for 50 years to clients across the region, state and nation. The company has other offices in Dallas; Fresno, Calif.; Houston; Jacksonville, Fla.; Minneapolis; Philadelphia; Phoenix; Nashville, Tenn.; and Oklahoma City.
CEI plans an official 50th anniversary celebration later this fall.