In The News

Nicholas Kelley Joins LGLR Class XXXV

LGLR Class XXXV Announcement

We are pleased to announce Nicholas (“Nick”) Kelley has been selected to participate in Class XXXV of the Little Rock Chamber’s Leadership Greater Little Rock program.

“I’m honored to be part of the Chamber’s leadership program and look forward to the experience, camaraderie, and commitment,” said Nick Kelley.

This is the third consecutive year Flake & Kelley has had an associate accepted into the Leadership program and Kelley is the eighth associate of the firm to participate. Former alums include Jim Dailey (Class I), Hank Kelley (Class V), Daryl Peeples (Class VI), Bill Pendergist (Class XXIX), Drew Laning (Class XXXIII), Jessica Kokinos (Class XXXIII), and Cynthia Lu (Class XXXIV).

As an attorney specializing in real estate, Nick’s expertise brings a high level of real estate services to the firm. Prior to joining Flake & Kelley Commercial in 2017, Kelley served as a real estate associate with McGuireWoods in Atlanta, Ga. He also was a commercial real estate associate for Quattlebam, Grooms, Tull, & Burrow of Little Rock, Ark. He has represented real estate developers, Fortune 500 retailers, lenders, borrowers, and other clients on complex commercial transactions. In addition to his roles as executive vice president and partner at Flake & Kelley Commercial, Kelley serves as a member of the Central Arkansas Executives Association (CAEA) and Children’s Hospital Committee for the Future.

We congratulate all of the Leadership Greater Little Rock Class XXXV, presented yesterday in the Great Hall of the William J. Clinton Presidential Center.

“It’s an incredible program where participants not only learn to maximize their leadership potential but how to put it into action in the community,” said Hank Kelley.

The announcement was followed by a reception sponsored by Simmons Bank.

Kim’s Alterations Opens at Mississippi and Cantrell

Kim Lien Trinh of Kim's Alterations

Nick Kelley helped small business owner, Kim Lien Trinh, find the perfect space and location for her new venture. Kim’s Alterations opened at 2002 N. Mississippi, next door to Max Cleaners just off Cantrell Rd. Trinh gave the 1,200 SF space a clean, fresh, modern makeover inside and out before opening on Sept. 3.

“I love the location and the visibility from Cantrell,” said Trinh.

Kim Lien Trinh - Kims Alterations

Trinh in her workspace

Upon entering the shop, customers are greeted by an inviting seating area in neutral greys and browns. To the left of the entry is a curved, slatted wall enclosure where Trinh works. Most of one wall holds large spools of thread in just about every color imaginable. Her workspace is bright and organized.

“You should have seen the place before. It was dark, dingy, and had concrete floors,” said Nick Kelley.

Trinh has been doing alterations since 1994, first for S&K Menswear and then with her brother at International Alterations of Benton. Her services include alterations of men’s and women’s clothing, formal gowns, and beading. She also works on leather.

“My favorite things to work on are prom and formal gowns. I like to see how pretty the girls look,” said Trinh.

Kims Alterations

2002 N. Mississippi just off Cantrell

Flake & Kelley has a wide variety of commercial properties available of all types and sizes. Let our experts help you find your perfect space. Contact us today.

Chainlinks: Partners, Restaurants & Recipes from New Orleans

Brown Butter Tart

We get a lot of mail at Flake & Kelley, but there is one piece, in particular, we look forward to opening every month. Corporate Realty, our #ChainLinks partner in New Orleans, sends an update of their monthly transactions, plus a feature and a recipe from one of the Big Easy’s fabulous restaurants. In June, it was Herbsaint Bar and Restaurant and the recipe for their Brown Butter Tart. July featured Link & Stryjewski Foundation and Apple Pocket Pie! ChainLinks membership has its privileges, but this just might be one of the best perks. Thanks for sharing, Corporate Realty.

Opportunity zone task force named; 20 people are selected by Little Rock mayor

by Rachel Herzog | August 10, 2019 at 2:26 a.m.

ArkansasOnline.com

Little Rock Mayor Frank Scott Jr. has named 20 people to serve on a task force that will work on helping the city to leverage its opportunity zones.

The team of developers, bankers and civic leaders will study how the city can attract investors to the federally designated economically distressed census tracts in Little Rock where new investments can be eligible for preferential tax treatment, a federal initiative that came with the Tax Cuts and Jobs Act of 2017.

Arkansas Opportunity Zone Selection (2018.4.20 update)

At a panel discussion that hosted officials from Washington, D.C., on Monday, Scott said encouraging investment in opportunity zones is one way to revitalize disadvantaged areas.

The task force will be chaired by Will Rockefeller of the Winrock Group. Martie North Hamilton, director of community development at Simmons Bank, will serve as a co-chair, according to a news release from the city.

The committee also includes:

• Regina Favors, interim president of Arkansas Baptist College

• Lisa Ferrell, developer

• Merritt Dake, CEO of Rock Dental Brands

• Virgil Miller, banker at Arvest Bank

• Angel Burt, vice president of the Dunbar Historic Neighborhood Association

• Kevin Huchingson, CEO of Colliers International, Arkansas office

• Shawn Govind, director of real estate development for the Pinnacle Hotel Group

• Leslie Lane, president of Arkansas Capital Corporation Group

• Ivan Hudson, insurance agent

• Tristan Wilkerson, managing principal at Think Rubix LLC

Lee Hastings IV, agent with Flake and Kelley Commercial

• Chris Moses, developer

• Jill Floyd, member of the Little Rock Municipal Airport Commission

• Richard Mays, lawyer

• Nathan Rutledge, senior management director of Crews & Associates

• Ted Dickey, investment fund founder

• Patrick Schueck, vice president of Lexicon Inc.

• Pam Courtney, developer

Trader Joe’s gets city OK for $1M work to renovate space in west Little Rock

11500 Financial Center Parkway

by Noel Oman | Today at 12:20 p.m.

ArkanasasOnline.com

Trader Joe’s, the California-based grocery store chain that has built its popularity on store-wide private-label products, has won city approval to retrofit part of a former Toys R Us location in west Little Rock to house its first Arkansas store.

The work, valued at more than $1 million, includes new systems for heating and cooling the store, refrigeration, plumbing and electrical work as well as the installation of grocery-store fixtures, according to the permit, which was approved last week.

The permit application was filed by Jeda Design in July. The Santa Clara, Calif.-based design firm’s clients include Trader Joe’s.

Hank Kelley, chief executive officer, partner, and executive broker of Flake & Kelley, the commercial real estate firm marketing the former Toys R Space at 11500 Financial Centre Parkway, said he wasn’t authorized to speak about the prospective tenant.

The firm’s marketing documents lists about half of the available space in the Toys R Us storefront as still being available, the balance of the roughly 30,000 square feet reserved for a “national retailer.”

A spokesman for Trader Joe’s didn’t immediately return a phone call for comment.