In The News

Jim Dailey Awarded the Leadership Greater Little Rock Judy Love Distinguished Alumni Award

Our own Jim Dailey was recently awarded the Leadership Greater Little Rock Judy Love Distinguished Alumni Award. This award honors individuals who embody the spirit of the Leadership Greater Little Rock program and are dedicated to its mission. The award was presented to Mr. Dailey at a reception held at Heifer Village on Tuesday, April 18, 2017.


Flake & Kelley Commercial is pleased to announce its recent hire of Drew Laning, who will join the Flake & Kelley Brokerage team as a Sales and Leasing Agent. Laning’s primary focus will be introducing businesses and individuals that have space needs to the available spaces that are in the Flake & Kelley inventory.

Prior to joining Flake & Kelley, Laning was a professional golfer for eleven years. His ability to execute under pressure, negotiate contracts, and secure optimal product endorsement opportunities is certainly “above par”. His background in professional golf and the people skills acquired during that time will allow Laning to effectively market properties to a wide range of investors.

Laning grew up in Little Rock and graduated from Little Rock Catholic High. He attended Texas Christian University in Fort Worth where he obtained bachelor’s degree in Business Administration, with a concentration in Entrepreneurial Management from The Neeley School of Business and was the captain of the collegiate golf team.

This education combined with his background will help Laning make an easy transition into his new position with Flake & Kelley. “Real Estate has always interested me. I also enjoy building relationships and working with people. That is why I am beyond excited to join the Flake & Kelley team.” Laning said.

For more information, please contact Katie Ryburn at 501-244-7541, email or visit the Flake & Kelley website at

Ozark National Life Building Sells for $3.25M

by Arkansas Business Staff  on Tuesday, Feb. 21, 2017 12:29 pm

The Ozark National Life Building in west Little Rock.

Max Mehlburger’s Normandy Place LLC of Little Rock has purchased the Ozark National Life Building at 10201 W. Markham St. in Little Rock for $3.25 million.

Flake & Kelley Commercial of Little Rock, which represented the buyer, announced the sale on Tuesday. The seller, represented by Collier’s International of Arkansas, was Security Plan Life Insurance Co.

The three-story, 35,552-SF building will be renamed as the “Markham Executive Center.” Flake & Kelley will manage and lease the property.

“We are excited to add this property to our portfolio,” Thomas Schmidt of Flake & Kelley said in a news release. “The new owner has big plans for the building, including turning a large part of the building into professional/executive suites.”

Flake & Kelley, a commercial real estate and property management company, manages about 5 million SF of commercial space.


Asking Price:

jmm_5548$6.9 Million

View Property Flyer:


Presented By:

Hank Kelley SIOR
(501) 244-7503

Jim Dailey
(501) 244-7520

Joey Dean
(501) 244-7527

The asymmetrical windows and stained glass patterns, stunning geometric layout, and a secret sunken garden define the Mansion’s footprint. The 12,000 square foot Queen Anne Mansion features original hand-tooled woodwork and finishes, seven master suites, and a resort-like pool and spa. The living area of the Mansion includes a Media Room, several Parlors, a Grand Dining Room, two State-of-the-Art Kitchens (one commercial Kitchen), and three Laundry Rooms.

The 2,500 square foot, fully restored 1888 Victorian Cottage, “Kelley House,” provides additional living quarters, a Business Office, a private Satori Concept Spa, a Finnish Sauna, a Manicure/Pedicure Salon and Steam Showers.

Sanctuary and privacy is assured by hand-forged solid steel entry gates with secured entry, a wrought iron fence, and stone walls.

This property is zoned commercial and will accommodate almost any use. Ideal for corporate retreats, business meetings, or quiet weekend getaways.

CULTURE – The Queen Anne Estate lies at the crossroads of Arkansas business, art, culture, history, and politics. Eureka Springs’ Historic District is one of America’s most desirable and livable small cities. This region is the headquarters for Walmart, Tyson Foods, JB Hunt, and many others. Dillards headquarters is a mere three hours away. Bentonville, Fayetteville, Springdale, and Rogers are about an hour’s drive down scenic Ozark forest lined roads. The Crystal Bridges Museum of American Art, Walton Center for the Arts, University of Arkansas, Thorncrown Chapel, and the Arkansas Music Pavilion (Walmart AMP) can all be found close by.

“Imagine traveling to the decadent 1800’s with all of the modern amenities of the 21st century. An opportunity to own such an estate does not come often, as evidenced by the fact that The Queen Anne Mansion has had only six owners in its 125-year history.” Jim Dailey, Partner at Flake & Kelley Commercial, and one of the listing agents representing the owners of this estate.

For more information, please contact:exterior3-for-website

Hank Kelley SIOR
(501) 244-7503
Jim Dailey
(501) 244-7520
Joey Dean
(501) 244-7527

Centerton Property Purchased With Apartments Planned


by Arkansas Business Staff on Monday, Oct. 3, 2016 12:00 amJordan Jeter

A 250-unit apartment complex is planned in Centerton after a $2.2 million land purchase.

Can-Ark Diamond Centerton, led by Rich Richardson, bought 20 acres southwest of the intersection of East Centerton Boulevard and Greenhouse Road. Centerton Commerce Park LLC, led by James von Gremp, was the seller.

Jordan Jeter, apartner at Flake & Kelley Commercial Northwest, represented both parties in the acquisition, which just recently closed. Richardson, a builder and developer, is getting approval through the city for the large-scale development.

“It’s a phenomenal location,” Jeter said. “You couldn’t pick a better spot. It’s pretty prime property. We need more multi-family.”

Jeter said the area is a hot one because a Starbucks recently opened at the southeast corner of the intersection and two lots just north of the apartment complex site are under contract. The two lots, Jeter said, are scheduled to become a Taco Bell and a First Security Bank.

Jeter said he has four more lots adjacent to the apartment complex site and one has already received an offer from a restaurant.