Commercial Real Estate Awards
March 4-10, 2024
Commercial Real Estate Council of Metro Little Rock (CREC MLR) held the sixth annual Commercial Real Estate Awards on February 22 to recognize significant achievements and the largest real estate transactions in metro Little Rock made by local brokers in the previous year. Rick Ashley and Gus Vratsinas were honored for their legacy of inspiring achievements.
Roby Brock, CEO of Natural State Media, parent company for Talk Business & Politics and The Northwest Arkansas Business Journal emceed the event.
LEASES
Largest Industrial Lease
6801 Scott Hamilton – Drew Holbert, Isaac Smith, Clark Irwin & Andrew Wiechern, Colliers Arkansas
Largest Medical Lease
Premier Medical Plaza – Chris Moses & Greyson Skokos, Moses Tucker Partners
Largest Office Lease
500 Main Street – Boyle Building – Chris Moses, Chris Monroe, Greyson Skokos & George Friedmann, Moses Tucker Partners
Largest Retail Lease
12309 Chenal Parkway – Metro Appliances & More – Jill Bryant, West Group Real Estate
SALES
Largest Industrial Sale
12221 Arch St Pike – Lauren Atkins, Haybar Real Estate and Nathan Monan, Colliers Arkansas
Largest Land Sale
Top Golf Way – Club View Multifamily – Lee Strother & Kevin Huchingson, Colliers Arkansas
Largest Multi-Family Housing Sale
10801 Paul Eels Dr - Fountain Bleau Maumelle – Ted Bailey, III & Richard Cheek, The Multifamily Group
Largest Office Sale
12615 Chenal Parkway – Stone Bank – Drew Holbert & Clark Irwin, Colliers Arkansas
Largest Retail Sale
1400 Military Road, Benton – Grocery Management Partners – Todd Rice, Colliers Arkansas
Commercial Real Estate Person of the Year 2023
Bryan Day, Executive Director for the Port Authority of Little Rock
Since he was appointed executive director of the Little Rock Port Authority in June 2014, Bryan has overseen tremendous growth and change at the Port of Little Rock. Years in the making, one of the changes is the relocation of an aviation navigation beacon, known as a VOR cone, to free up the 55 acres where it is located, and allow for assemblage and development of thousands more acres. Bryan expects that the new beacon across the Arkansas River will be active in September of 2024, allowing work at the Port site to proceed. Relocation of the VOR cone allows for the Port of Little Rock to proceed with efforts to complete a “supersite”. The list of new companies locating at the Port of Little Rock and companies expanding at the Port under Bryan’s watch is long. Some of those are Amazon, Elopak, Trex, and Boyd Metals. The long list of companies investing at the Port means a long list of jobs being created at the Port. The Port of Little Rock has a longstanding history as an economic development catalyst.
Photo Caption:
Rick Ashley and Gus Vratsinas
