In The News

Kevin Kestner joins Flake & Kelley Commercial Northwest

Before joining Flake & Kelley, Kevin was the President of a multi-unit franchise group in Arkansas for 10+ years. Kevin is very knowledgeable and experienced in the restaurant/retail sector and can provide insight and representation for any asset class in commercial real estate. He is an active member at Central United Methodist Church, has volunteered and coached youth baseball, basketball and football teams, and is a proud husband and father of four children.

Halsey Richardson is a current member of Leadership Fayetteville’s class XXXII

“Leadership Fayetteville gives a backstage pass to all things Fayetteville and Northwest Arkansas while building life-long business relationships. Born and raised in Fayetteville, I am excited to learn more about our great city and engage with local organizations to help better serve the community.”

Jordan Jeter Recognized as One of Northwest Arkansas Business Journal’s Forty Under 40

 

Jordan Jeter enjoys the art of the deal, putting all the puzzle pieces of a transaction together over a long period and then seeing it come to fruition in a lease, a new building or a sale. In the process, he enjoys getting to know interesting people from all over the country.

Jeter pairs clients with property that fits their needs so that they will do business with him again, and 99% of his clients are repeat buyers. His business has grown along with the needs of his clients and makes him a “long-distance runner instead of a sprinter.” Transactions include Crossroads Plaza in Bentonville, Tuscany Square in Rogers and Mathias Plaza in Springdale.

 

The Pine Bluff native graduated from the University of Arkansas in 2004 with a degree in real estate finance. After a brief stint in San Francisco trying to break into music, he worked as a banker for Metropolitan Bank in Little Rock, getting his real estate license. About 12 years ago he was introduced to John Flake, who hired him as an intern. He ended up in an entry-level position in Northwest Arkansas at a time when the market was in a downturn, but Jeter saw that as an advantage, cold calling to get business.

Jeter counts John Flake, Matt Dearnley and Hank Kelley as important mentors, saying Flake and Dearnley allowed him to job shadow the two men for two years and gave him some listings so he would have inventory.

While still in his mid-20s, Jeter was promoted to partner, and he said that is his biggest accomplishment. One of his main responsibilities as a partner is recruiting new talent for the business.

While he enjoys his job, he has “had his head down for a long time now,” so he would like to slow down a bit and adjust to get more work/life balance. Jeter enjoys hanging out with his daughter and listening to records on his back porch.

Flake & Kelley’s Thomas Schmidt Recognized as One of Arkansas Business’ “20 in their 20s”

We are pleased to announce that Flake & Kelley agent, Thomas Schmidt, has been recognized by Arkansas Business as one of their “20 in their 20s.”  We’re proud of Thomas and all that he has accomplished, and we’re very glad that he’s on our team.

https://www.arkansasbusiness.com/article/123939/the-new-influentials-20-in-their-20s-seem-to-get-younger-every-year

The New Influentials: 20 In Their 20s Seem to Get Younger Every Year

by Gwen Moritz  on Monday, Oct. 8, 2018 12:00 am   2 min read

Arkansas Business has recognized young business and community leaders with a feature called 40 Under 40 since 1994, and since 2010 we have also introduced even younger notables, The New Influentials.

These “20 in Their 20s” have risen to our attention through nominations, generally by employers who are mighty proud to have been able to attract such promising talent. When you read about them, you are going to understand why.

This year’s honorees are almost evenly divided between men and women, and they represent different parts of our state — although you might not realize that in the first several profiles of faces from central Arkansas. It’s not my fault that the ones from JonesboroEl PasoSpringdale and Dardanelle have names that fall in the last half of the alphabet.

Similarly, the work at which they have distinguished themselves is also all over the map. As usual, they come from banking, law and construction. But they are also doing medical research and mission work. Anna Tayloris blending for-profit and nonprofit work between Little Rock and Kenya. Danielle Hoefer is in on the ground floor of a new industry in our state: In January, she became the Arkansas Alcoholic Beverage Control Division medical marijuana staff attorney.

When we interview the 20s, we often ask about influences on their professional lives, and their responses reveal just how vital mentoring has been. Sometimes that comes in the form of a parent in the business, sometimes through internships, sometimes through formal mentor relationships. If you were hoping to be mentored in the real estate industry by the legendary John Flake, you may be out of luck. It looks like Thomas Schmidt is the last mentee he’s planning to take on.

 

Thomas Schmidt

Account Executive

Flake & Kelley Commercial

Little Rock

Age: 27

Thomas Schmidt

Thomas Schmidt certainly didn’t break into the real estate business in a low-key manner.

Schmidt was having lunch with John Flake, the chairman of Flake & Kelley Commercial in Little Rock, when Flake told the young Ole Miss graduate that he wanted Schmidt to join the firm under his wing. Schmidt, whose family are longtime friends of the Flakes, has an older brother, Philip, who works out of the company’s northwest Arkansas office.

“John Flake approached me about joining him and being his last mentorship,” Schmidt said. “We ate lunch one day at Whole Hog, and he told me, ‘I have one more mentorship in me, and I want it to be you.’

“I said, ‘I’m ready.’ He just knew my work ethic.”

Schmidt works “A to Z” in the brokerage department, handling real estate deals from development to investments and everything in between. He joined the firm in January 2016 at the age of 24 and was elected to the Arkansas State Chamber of Commerce board of directors two months later.

“All the knowledge and insight in the business that John has is substantially educating me as his right-hand man,” Schmidt said. “I’ve been able to learn it from him and go out and do it myself.”

New Dairy Queen Coming to Hurricane Creek Village in Benton

Flake & Kelley Commercial is proud to announce the closing of a 1-acre purchase by You Scream Properties Benton, LLC, who intends to construct a new freestanding Dairy Queen restaurant with drive-thru at Hurricane Creek Village Shopping Center in Benton. This location will be the fourth Dairy Queen location planned by the buyer / franchisee.

“We appreciate the opportunity to have represented the seller and developer of the Hurricane Creek Village shopping center, Dallas-based Connected Development Services, for this future Dairy Queen location in Benton,” stated Hank Kelley, CEO of Flake & Kelley Commercial.  “This sale represents another step in the process of Hurricane Creek Village being the go-to destination for daily needs shopping and dining in the City of Benton.”

Benton’s Mayor, David Mattingly, is also pleased that Dairy Queen is coming to Hurricane Creek Village, stating: “We have always been big fans of the Dairy Queen!  Great burgers, chocolate shakes, French fries, and a place to see your friends.  It was always a special treat to enjoy a Dilly Bar.  Welcome home Dairy Queen, we’ve missed you!”

Hurricane Creek Village was developed by Connected Development Services, a division of The Retail Connection. The retail center is anchored by a very successful Kroger Marketplace and Academy Sports. Other businesses in the immediate area include Tacos 4 Life, Slim Chickens, T-Mobile, Pie Five Pizza, Poke Café, Super Cuts, City Nails, and Monarch Dental.

Hurricane Creek Village worked with the Buyer agent, Ben Lester of Orion Capital Partners, and the Seller agent, Brooke Miller of Flake & Kelley, to complete the sale. The future Dairy Queen site is located East of Alcoa Road, fronting Highway 5.

Dairy Queen has over 4,400 domestic locations and 6,800 locations worldwide. Flake & Kelley is pleased to be able to represent the Seller and help bring the Dairy Queen brand to this premier location in the heart of the most popular retail and dining district in Saline County.

https://bentoncourier.com/content/official-dairy-queen-coming-saline-county