Arkansas
Some cooling noted in Northwest Arkansas industrial space – Talk Business & Politics
A recent mid-year 2024 industrial property update from Palmer Hays suggests that industrial space is still a growing market in Northwest Arkansas, but recent trends show some cooling.
Hays, an industrial and land specialist with Rogers-based Bennett Commercial Real Estate, notes that construction-related companies are the most active in leasing industrial space in the second quarter of 2024.
“Drywall, plumbing, electrical, audio/visual, smaller trades, you name it … they’re signing leases faster than anyone … they try to keep up with the constant flow of new residents and commercial development projects,” he noted.
He said 51.2% of more than 174,000 square feet of industrial space leases in the second quarter was with construction and real estate tenants.
“I’ve not tracked this stat in the past, but I’d venture to say this [is] higher than average,” he wrote.
Hays’ research indicates that industrial space rent is up 5.9% through the year, lower than the 9.7% rise in 2023 and the 11.1% increase in 2022. He believes rents are trending lower because tenants have “more negotiation power.” Part of that power comes from what Hays suggests is a “hypersupply” of flex space combined with “overzealous asking rents.” The price point fluctuation rarely fails to respond to supply and demand realities.
According to Hays, industrial space vacancy is at 3.7%, up from 2% in 2022 but well below historical averages of 7.5%. However, he thinks the rising vacancy percentage will be a headwind for rent rates.
“I believe rents may become somewhat stagnant for a few years as the existing inventory will take a bit of time to lease up,” Hays noted.
The supply-demand relationship may also be reflected in recent deals. In the past 90 days, industrial space sold had an average per-square-foot value of $111.95, below the $112.83 per square foot in the previous 90-day report.
But on the other hand, as there often is with economic variables, Hays suggests overzealous rents help push prices higher for vacant industrial property.
“End users remain the wild card in the current market, consistently placing the highest bids on vacant properties in recent memory. They recognize the value of controlling their own destiny and prefer to secure their own spaces rather than contend with rising rents,” he said.
Related
Arkansas
No. 20 Lady Vols Basketball vs. Arkansas: How to Watch, Prediction, More | Rocky Top Insider

Lady Vols basketball is back in Knoxville for a matchup with Arkansas after a two-game road stand. Tennessee is not only looking to stay perfect in SEC play, but is hosting its annual ‘We Back Pat’ game.
Here’s everything to know about the matchup, from broadcast details to a prediction.
More From RTI: Everything Lady Vols HC Kim Caldwell, PG Mia Pauldo Said After Road Win At Mississippi State
How to Watch — No. 20 Lady Vols (11-3, 3-0 SEC) vs. Arkansas (11-7, 0-3 SEC)
- Start Time: 2 p.m. ET/1 p.m. CT
- Location: Food City Center (Knoxville, Tenn.)
- Watch: SECN+ | PxP: Andy Brock, Analyst: Kamera Harris
- Online Streaming: Watch ESPN
- Radio (Knoxville): The Vol Network/The Vol Network App
- Vol Network radio crew: PxP: Brian Rice, Studio Host: Jay Lifford
Betting Odds
None listed yet
ESPN Matchup Predictor
Lady Vols – 98.3%
Arkansas – 1.7%
What Kim Caldwell Said After Mississippi State
“Good to get a win on the road. We know it’s a tough environment and we know that we got to win on the road in the SEC. It was good to do that. I wasn’t really proud of the rebounding, but I thought we looked a lot better in a couple different categories so that was good.”
Last Five Games
Lady Vols:
- at Mississippi State, 90-90 W
- at Auburn, 73-56 W
- vs. Florida, 76-65 W
- vs. Southern Indiana, 89-44 W
- vs. Louisville (Brooklyn), 89-65 L
Arkansas:
- vs. South Carolina, 93-58 L
- at Alabama, 77-48 L
- vs. Vanderbilt, 88-71 L
- vs. Arkansas State, 81-72 L
- vs. Stephen F. Austin, 82-73 W
Where They Land In Rankings
Lady Vols:
AP Poll – No. 20
Coaches Poll – No. 22
Bart Torvik – No. 13
Arkansas:
AP Poll – Unranked
Coaches Poll – Unranked
Bart Torvik – No. 107
Stat Leaders
Lady Vols:
- Points: Talaysia Cooper – 14.9
- Rebounds: Zee Spearman – 7.3
- Assists: Talaysia Cooper – 4.3
Arkansas:
- Points: Taleyah Jones – 16.9
- Rebounds: Bonnie Deas – 9.7
- Assists: Bonnie Deas – 2.6
Prediction
It’s been a rough start for Arkansas’ new coach, Kelsi Musick. The team is 0-3 in SEC games, and though it’s been against three good teams, the Razorbacks haven’t been competitive in any.
While neither side has been strong, Arkansas’ defense has been the weakest point. Not only is it coming off a game in which it gave up 93 points to South Carolina, but Arkansas State hung 81 in its win over the Razorbacks on the road.
If the Lady Vols don’t get in their own way, then they should be fine. It hasn’t been perfect, and against three teams not necessarily in the mix to win the league, but Tennessee has looked much improved in the SEC slate compared to the lumps it took in the out-of-conference schedule.
I’d think UT jumps on Arkansas in the first quarter and takes a comfortable lead into the second quarter. From there, the lead should continue to grow behind forced turnovers in the press and easy baskets on the other end.
Lady Vols 85, Arkansas 61
Arkansas
Arkansas State defeats Texas State 83-82
Arkansas
One more list of wishes for Arkansas in 2026 | Arkansas Democrat Gazette
Rex Nelson
Rex Nelson has been senior editor and columnist at the Arkansas Democrat-Gazette since 2017, and he has a biweekly podcast called “Southern Fried.”
After graduating from Ouachita Baptist University in 1981, he was a sportswriter for the Arkansas Democrat for a year before becoming editor of Arkadelphia’s Daily Siftings Herald. He was the youngest editor of a daily in Arkansas at age 23. Rex was then news and sports director at KVRC-KDEL from 1983-1985.
He returned to the Democrat as assistant sports editor in 1985. From 1986-1989, he was its Washington correspondent. He left to be Jackson T. Stephens’ consultant.
Rex became the Democrat-Gazette’s first political editor in 1992, but left in 1996 to join then-Gov. Mike Huckabee’s office. He also served from 2005-09 in the administration of President George W. Bush.
From 2009-2018, he worked stints at the Communications Group, Arkansas’ Independent Colleges and Universities, and Simmons First National Corp.
-
Detroit, MI1 week ago2 hospitalized after shooting on Lodge Freeway in Detroit
-
Technology5 days agoPower bank feature creep is out of control
-
Dallas, TX2 days agoAnti-ICE protest outside Dallas City Hall follows deadly shooting in Minneapolis
-
Dallas, TX6 days agoDefensive coordinator candidates who could improve Cowboys’ brutal secondary in 2026
-
Delaware2 days agoMERR responds to dead humpback whale washed up near Bethany Beach
-
Iowa5 days agoPat McAfee praises Audi Crooks, plays hype song for Iowa State star
-
Health7 days agoViral New Year reset routine is helping people adopt healthier habits
-
Nebraska4 days agoOregon State LB transfer Dexter Foster commits to Nebraska