In The News

Eddie Bailey Awarded CCIM Designation

Eddie Bailey NEW

Eddie Bailey, CCIM, of Flake & Kelley Commercial has been awarded the Certified Commercial Investment Member (CCIM) designation by the CCIM Institute. The designation was awarded during the Institute’s Midyear business meetings April 5 in Chicago.

Bailey was among the 149 commercial real estate professionals who earned the designation by passing the CCIM Institute’s Comprehensive Examination, the final element in the designation process. This new group of CCIM designees hails from 38 U.S. states, the District of Columbia, and several provinces in Canada.

“CCIM designees are respected industry-wide for the fundamental Real Estate knowledge learned throughout the course”, Bailey said. “Obtaining the designation has been a personal goal of mine since 2012 and I’m proud to now be a Member.”

The CCIM designation is awarded to commercial real estate professionals upon successful completion of an advanced analytical curriculum and presentation of a portfolio of qualifying industry experience. The curriculum addresses financial analysis, market analysis, user decision analysis, and investment analysis — the cornerstones of commercial investment real estate. CCIMs are recognized experts in commercial real estate brokerage, leasing, asset management, valuation, and investment analysis.

Learn more about the CCIM Institute’s education and designation program at www.ccim.com

Bill Pendergist Honored as Member of Arkansas Business 40 Under 40

Bill-PendergistEach year, Arkansas Business honors 40 intriguing business and political leaders under 40 years old who bear watching. The Arkansas Business 40 Under 40 honorees are nominated by readers and chosen by the editors of Arkansas Business. Congratulations to Bill Pendergist for being chosen as part of the 2016 class of 40 Under 40.

 

Eat My Catfish to Open in Little Rock

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Eat My Catfish lease signing with Travis Hester and his business partner.

Benton-based Eat My Catfish has announced construction on a new location in Little Rock. The restaurant will open at 10301 N Rodney Parham Rd, the former location of Barbara Graves. The plaza sits directly in front of the Breckenridge Theatre at the corner of I-430 and Rodney Parham Rd. Eat My Catfish started as a food truck in Benton in 2008. Owner and President Travis Hester was 24 at the time. In January of 2012, Hester opened their first brick & mortar location in Benton, and their second in Conway in 2013. Eat My Catfish currently operates these two dine-in restaurants, as well as two on-site catering trailers. In 2015, they catered over 350 events. They are also the largest seller of crawfish (cooked and live) in the state of Arkansas, and the 2016 winner of Arkansas Times’ “Best Seafood around the State” award. The new Little Rock store have live crawfish and fresh Gulf Shrimp available for purchase. Diners can expect a wide variety of quick-serve food, including catfish, crawfish, chicken, shrimp, and more. Their philosophy is simple, start with good fresh food, serve it fast and give great customer service. Each location provides ample seating indoors, and the Benton and Little Rock locations include outdoor patio seating. The new restaurant is expected to open in June of 2016 – just in time for Fourth of July crawfish boils. For more information about Eat My Catfish, visit eatmycatfish.com. For media inquiries, please contact info@kangabloo.com.

 

 

Shoppes at Benton land sells for $4.3M

Business news in brief

Shoppes at Benton land sells for $4.3M

Benton Investment Partners purchased 28.65 acres affiliated with the Shoppes at Benton on Friday for a combined $4.3 million.

Included in the transaction was a 23-acre parcel that was sold by Mt. Carmel Investment Co. for $3.4 million. A 5.65-acre tract was sold by MPE Properties Inc. for $910,000.

A T.J. Maxx/Homegoods store and Hobby Lobby are the planned anchor tenants for the Shoppes at Benton, a $30 million-plus development north of Interstate 30 on Alcoa Road. GBT Realty Corp. of Brentwood, Tenn., announced at a Feb. 22 City Council meeting in Benton that cosmetics retailer Ulta would also be part of the development along with a Texas Roadhouse restaurant.

The development is scheduled to open in early summer 2017.

Hank Kelley and Brooke Miller of Flake and Kelley represented T.J. Maxx and worked with developer Thom Hickman of GBT Realty Corp. and Benton Investment Partners. MPE Properties was represented by Dee Fiser, Wes Martin and John Hathaway worked on behalf of Mt. Carmel Investment.

— Chris Bahn, Business Reporter/Columnist

Arkansas Democrat-Gazette