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A Capital Reawakening: Momentum Builds in Arkansas’ Commercial Real Estate Market

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A Capital Reawakening: Momentum Builds in Arkansas’ Commercial Real Estate Market


After several years defined by volatility, commercial real estate is entering a new phase — not a broad-based rebound but a disciplined capital reset. Today, interest rates are stabilizing, liquidity is improving and transaction activity is beginning to reemerge. As national outlooks by CBRE, JLL, Colliers and others have highlighted, capital is steadily returning to the market with greater selectivity.

Investors are increasingly focused on markets and property assets with durable fundamentals rather than speculative growth. It is a shift I believe will favor midsize regions such as Arkansas.

Nationally, the commercial real estate landscape remains uneven. Major urban cores continue to work through office oversupply, while industrial markets are normalizing following years of record demand and new development. As a result, underwriting has shifted toward greater emphasis on cost basis, tenant quality and long-term functionality. What does it all mean? In the current environment, capital is gravitating toward assets that align with how companies operate today and where their employees want to be.

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At Tempus Realty Partners, we are seeing consistent demand for Class A office space located in vibrant, mixed-use environments, particularly in secondary and suburban growth markets such as northwest Arkansas. The trend is evident at our Uber Freight building in Rogers, which sits within an active transportation corridor and is surrounded by established retail, expanding multifamily development and everyday, in-demand amenities that support employees and employers.

It is a dynamic further reinforced by nearby speculative office development. We see the same investment pattern at Crosspoint Plaza in Fishers, Indiana, a market that closely mirrors Rogers. When we acquired the property in 2019, it was nearly vacant. Yet despite COVID-19-pandemic-era headwinds, it has since been leased to 100 percent occupancy. These projects reflect the broader shift of companies selecting locations close to where their employees live. Businesses, like their team members, favor environments with strong retail access, modern amenities, and connectivity, such as extensive trail networks.

Industrial demand, while moderating nationally, also remains strong in regions that are strategically located for regional distribution, advanced manufacturing and, increasingly, large-scale digital infrastructure. In Arkansas, our central location, talented workforce and affordability continue to attract traditional industrial users, while robust power access and supportive utility partners are helping us compete in the rapidly growing data center and artificial intelligence infrastructure market.

Over the past several months alone, Arkansas has announced two of the largest investments in its history. The projects include the $6 billion AVAIO Digital campus near Little Rock and the $4 billion Google data center campus in West Memphis. The record-breaking investments underscore the importance of power availability and regional scale in today’s site-selection decisions.

Despite the bright spots, 2026 will not be without challenges for commercial real estate. Office vacancy remains uneven in certain markets, particularly those that overbuilt prior to 2020, and it will take time for these properties to right-size and normalize. Rising warehouse vacancies also serve as a reminder that real estate is inherently local. As we do at Tempus, investors must temper broad optimism with rigorous market-by-market analysis, grounded in asset-level performance, tenant behavior and micromarket dynamics.

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Is 2026 the time to invest in commercial real estate? Most experts agree that capital will continue returning to the market with greater discipline, prioritizing quality, functionality and assets that reflect how people work, do business and live today. Tempus Realty Partners has followed that common-sense approach since our founding a decade ago, focusing on long-term value creation and reliable outcomes for tenants and investors alike.

As we embark on a new year, I believe a disciplined strategy that leans into Arkansas’ strengths can — and will — position our state to benefit meaningfully from the ongoing reawakening of the commercial real estate market.

Clay Ramey is a partner and vice president of capital markets for Little Rock-based Tempus Realty Partners, an investor-centric real estate investment partnership that has acquired more than $1 billion worth of property across 25 states since its founding 10 years ago. Email him at cramey@tempusrealty.com.

READ ALSO: Brent Birch to Transition Out of Executive Director Role at Little Rock Tech Park



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Arkansas

Congressional subcommittee to hold hearing in Little Rock on ‘failures’ of local housing authority | Arkansas Democrat Gazette

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Congressional subcommittee to hold hearing in Little Rock on ‘failures’ of local housing authority | Arkansas Democrat Gazette


Joseph Flaherty

jflaherty@adgnewsroom.com

Joseph Flaherty covers the city of Little Rock for the Arkansas Democrat-Gazette. A graduate of Middlebury College and Columbia University’s Graduate School of Journalism, he has worked for the newspaper since 2020.

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11 people arrested in connection with various charges in Northwest Arkansas | Northwest Arkansas Democrat-Gazette

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11 people arrested in connection with various charges in Northwest Arkansas | Northwest Arkansas Democrat-Gazette


Arrests

Benton County Sheriff’s Office

Scott Minor, 45, of Elm Street in Jefferson City, Mo., was arrested Friday on suspicion of computer child pornography and sexually grooming a child. Minor was being held Monday in the Benton County Jail with a $150,000 bond set.

Bentonville

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Damond Drake, 52, of West Highland Drive in Rogers was arrested Saturday on suspicion of delivery of methamphetamine or cocaine. Drake was being held Monday in the Benton County Jail with no bond set.

Fayetteville

Cornelius Anderson, 33, of Dawn Street in Fayetteville was arrested Saturday on suspicion of third-degree assault on a family member, third-degree domestic battery, first-degree criminal mischief and theft of property. Anderson remained at the Washington County Detention Center Monday in lieu of $5,000 bond.

Eduard Korshakov, 37, of Prairie Dunes Trail in Fayetteville was arrested Saturday on suspicion of aggravated assault on a family or household member, kidnapping, first-degree false imprisonment, third-degree domestic battery and interference with emergency communications. Korshakov remained at the Washington County Detention Center Monday in lieu of $25,000 bond.

Efrain Quiroz, 29, of North Shamblin Avenue in Fayetteville was arrested Sunday on suspicion of second-degree battery and second-degree endangering the welfare of a minor. Quiroz remained at the Washington County Detention Center Monday in lieu of $25,000 bond.

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Leo Ward, 21, of West Tanner Drive in Fayetteville was arrested Sunday on suspicion of aggravated residential burglary and stalking. Ward was released from the Washington County Detention Center Monday on $25,000 bond.

Rogers

John Jenkins, 21, of Arkansas 351 in Jonesboro was arrested Saturday on suspicion of fraudulent use of credit/debit card. Jenkins was being held Monday in the Benton County Jail with no bond set.

Springdale

Ashlyn Neal, 19, of Powell Street in Springdale was arrested Saturday on suspicion of kidnapping, second-degree battery, endangering the welfare of a minor, resisting arrest and obstruction of government operations. Neal was released from the Washington County Detention Center Saturday on $5,000 bond.

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Jose Neal, 37, of South Powell Street in Springdale was arrested Saturday on suspicion of second-degree domestic battery, third-degree domestic battery, interference with emergency communications and resisting arrest. Neal was released from the Washington County Detention Center Saturday on $5,000 bond.

Skyler Shane, 31, of Highway 62 in Westville, Ok., was arrested Sunday on suspicion of Possession of a Schedule I or II controlled substance with intent to deliver, simultaneous possession of drugs and a firearm, carrying a prohibited weapon and disorderly conduct. Shane was released from the Washington County Detention Center Sunday on $3,500 bond.

University of Arkansas Police Department

Celso Adame-Gallegos, 19 of Jade Street in Springdale was arrested Friday on suspicion of possession of a Schedule VI controlled substance with intent to deliver. Adame-Gallegos was released from the Washington County Detention Center Saturday on $5,000 bond.

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Erika Kirk to Join Gov. Sarah Huckabee Sanders for Announcement at Arkansas State Capitol

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Erika Kirk to Join Gov. Sarah Huckabee Sanders for Announcement at Arkansas State Capitol


Arkansas leaders are set to take the stage at the State Capitol Wednesday afternoon for an announcement already drawing statewide attention.

At 1 p.m., Sarah Huckabee Sanders will appear alongside Erika Kirk, the chairwoman and CEO of Turning Point USA, at the Arkansas State Capitol.

While officials with the governor’s office have not yet released details about the announcement, the joint appearance is expected to draw significant attention from political leaders and supporters across the state.

The moment also brings renewed focus to the legacy of Erika Kirk’s late husband, Charlie Kirk, a nationally recognized conservative activist who built one of the country’s largest student political organizations aimed at mobilizing young voters on college campuses.

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In 2025, Kirk was fatally shot during a campus event at Utah Valley University. Authorities say the gunfire erupted during a gathering connected to student political programming, sending attendees scrambling for safety.

Kirk was rushed from the scene but later died from his injuries, sparking shock and an outpouring of reaction from political leaders, students, and supporters across the country.

In the weeks that followed, memorials and tributes appeared nationwide. In Arkansas, supporters and lawmakers honored Kirk’s life and work with a memorial exhibit displayed inside the Arkansas State Capitol, recognizing the influence he had on conservative youth activism and campus politics.

Following his death, Erika Kirk stepped into a leadership role at Turning Point USA, pledging to continue the organization’s mission and expand its outreach to students across the nation.

On Wednesday, Kirk will again be at the Arkansas State Capitol, this time standing beside Governor Sanders for a joint announcement, as leaders gather and the state waits to learn what the two will unveil.

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