Tag: Investments

Six Local Tech Firms Research Health Apps

Virtual Incubation Corp., a ?business incubator for technology startups,? has several client companies that may eventually have applications ready for the health care industry.

Marriot Project Gets New Owners

The Marriott has new owners. Fayetteville Hotel LLC sells its lot at CMN to Cohen Realty Inc. of Memphis and Linda and Michael Harrell of Vista Host in Houston.

Condos Create Owner Mixup

We?ve heard there?s been some confusion about exactly who is the developer of Bentonville Plaza.

Stuttgart Area Suffers as Duck Hunters Migrate

Some Stuttgart businesses migrate north for better duck hunting, while others weather the decline by diversifying. (Story originally appeared in Arkansas Business, 8/29/05.)

Wal-Mart Buys Stake In Central American Firm

Wal-Mart Stores Inc. of Bentonville says it will buy a 33.3 percent stake in Central American Retail Holding Co. for an undisclosed price from Dutch retailer Royal Ahold NV.

Commercial Building Renovations Catch On

Renovating an old building can cost twice as much as tearing it down and building a new one in its place. So why do developers do it?

VCC Ranks as Largest Contractor in U.S.

Vratsinas Construction Co. of Little Rock was the largest retail contractor in the United States last year with 10,824,000 SF of shell space under contract, according to Retail Traffic magazine.

Professional Office Market is Overbuilt in Spots

With mid-year vacancy rates hitting 12.7 percent, be watchful of Bentonville’s over supply, a market forecast says.

Bye-Bye Mr. Tux

Jay McClelland and Doug Maritan are buying the on the 3,142-SF Mr. Tux building and its 10,000-SF lot at 608 W. Dickson St.

Centerton Looks at New Neighborhood

Massey Holdings LLC recently sold about 36 acres of land to Wal-Mart off Arkansas Highway 102 in Centerton for $3.15 million.

Homeland: The Peaks Gets Sincere

Since we last wrote about Dionne Caruthers and Sincerity Homes leaving 53 homes unfinished at The Peaks in Rogers, we’ve discovered there is more than $1 million in contention.

Frappuccinos Flocking to Pleasant Crossing

We hear Starbucks is coming to Pleasant Crossing Road in Rogers.

DB Squared Lands Clients

Software company DB Squared LLC in Fayetteville recently snagged two new clients: the Walton Arts Center in Fayetteville and Stephens Inc. in Little Rock.

Fowlkes Flies to Mountain View

Tyler Fowlkes, the former vice president of investments for Greenwood & Associates in Fayetteville, has joined First Security Bancorp.

Harkins’ Head for Little Rock

Power couple James and Amy Harkins are returning to their hometown of Little Rock.

VIC Client Lands SBIR Grant

Yet another Virtual Incubation Corp. client has received a Small Business Innovation Research award ? this time it’s a Phase II from the National Institutes of Health and worth $740,000.

Fayetteville Firm Gets Grant Money

Virtual Incubation Corp. client SFC Fluidics LLC of Fayetteville has received a $100,000 Small Business Technology Transfer award from the Department of Defense.

Arkansas 1Q ROA Second in Region

In the first quarter of 2005, Arkansas banks collectively had a return on their average assets (ROA) of 1.21 percent, second highest against the other seven states in the U.S. Federal Reserve Bank’s Eighth District.

Kool & The Gang to Play Christmas Party

The Barber Group has hired funk and R&B icons Kool & The Gang to play at this year’s Christmas party. The musical group is famous for hits such as “Celebration,” “Ladies’ Night,” and “Jungle Boogie.”

VIP Event Trolls for Legacy Investors

We heard the invitation-only, V.I.P. event The Barber Group hosted at Bordino’s restaurant on Aug. 23 brought in more than just a few handshakes.

Arkansas Tourism Ticker: Tourism tax numbers down through August, job numbers up

Acres.com, ULI NWA establish partnership

Connections: Yellow Rocket Concepts hosts gift card fundraiser

Coon Supper, pre-event reception scheduled for Jan. 10