Congratulations to Palmer Hays and Cameron Clark for their impressive accomplishments in receiving the 2023 Q3 Costar Power Broker Award. Cameron was recognized for his successful efforts in securing a top retail leasing deal, and Palmer Hays was acknowledged for his exceptional work in Industrial brokerage deals.
A notable off-market sale of a recently constructed 15,400 square foot office building, in cold dark shell condition, located at 5106 S Pinnacle Hills Pkwy, Rogers, AR 72758, was completed on October 27th for the price of $4,681,600.00. The developer and seller, BCG Pinnacle Hills 4, LLC, a wholly owned affiliate of Beaty Capital Group, Inc., was represented by Clinton Bennett SIOR with Bennett Commercial Real Estate. The buyer, Praedium Bentonville, LLC, was represented by Johnny Galloway with Cushman & Wakefield | Sage Partners. Clinton Bennett commented – “I believe that this transaction illustrates that, despite news to the contrary coming out of larger markets, the demand for high-quality office space remains robust in Northwest Arkansas.
Clinton Bennett, SIOR, principal broker with Bennett Commercial Real Estate in Rogers, Ark., agrees, citing his preference for the hybrid model. “I think that from a quality of service, quality of life, and opportunity to scale, a team approach is preferred,” Bennett says. “But some clients are best served by a one-on-one relationship — and in those situations it can be most efficient and effective to just grab the ball and run with it.”
Costar, the leading provider of commercial real estate information, analytics and online marketplaces, recently announced the CoStar Power Broker Quarterly Deals winners for the second quarter of 2023. We're excited to state that Clinton Bennet and Cameron Clark came out on top of the list of winners in Northwest Arkansas! The CoStar Power Brokers Quarterly Deals winners are determined by the top deals executed every quarter, based on price and square footage.
Costar, the leading provider of commercial real estate information, analytics and online marketplaces, recently announced the CoStar Power Broker Quarterly Deals winners for the second quarter of 2023. We're excited to state that Palmer Hays came out on top of the list of winners in Northwest Arkansas! The CoStar Power Brokers Quarterly Deals winners are determined by the top deals executed every quarter, based on price and square footage.
Their concept of combining micro-warehousing with co-working space is a game-changer for small and growth-stage businesses. We were able to get a first-hand look at their private warehouse units (ranging from 150 to 5,000 SF) and traditional coworking amenities like meeting rooms, phone booths, and community spaces.
We’re looking forward to seeing their continued growth and success!
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Your expertise, professionalism, and commitment to the CRE industry have truly paid off. Here's to many more milestones ahead. For more than 75 years, SIOR (Society of Industrial and Office Realtors) has been the most trusted designation in commercial real estate, synonymous with the world's most elite industrial and office professionals.
Being an SIOR is about market knowledge, industry expertise, reliability, and delivering honest and deliberate insight solely focused on the well-being of your business.
We are pleased to share that Cameron Clark, our esteemed commercial real estate broker, has been nominated for the honorable 'Fast 15' award by the Northwest Arkansas Business Journal. This distinguished recognition acknowledges outstanding young professionals who have showcased unmatched talent and ambition in their respective fields. Cameron's unwavering commitment to excellence, hard work, and dedication have earned him this well-deserved recognition. We extend our heartfelt congratulations to Cameron and wish him continued success as he paves his way to the top.
Costar, the leading provider of commercial real estate information, analytics and online marketplaces, recently announced the CoStar Power Broker Quarterly Deals winners for the third quarter of 2022. We're excited to state that Clinton came out on top of the list of winners in Northwest Arkansas! The CoStar Power Brokers Quarterly Deals winners are determined by the top deals executed every quarter, based on price and square footage.
The Northwest Arkansas land and city scape has changed significantly over the last 10 years. What do the next 10 look like and is the current growth rate sustainable?
The Next Generation is hosted by Luke Hannon & Max Harrell, and presented by Generations Bank.
Palmer Hays of Bennet Commercial Real Estate. A collegiate golfer, Palmer shares his insights on how he learned sales through the golf course by building relationships and gaining trust. He highlights how the state of the real estate market is influenced by people and their needs.
Longtime Northwest Arkansas commercial real estate broker Clinton Bennett resigned as first vice president from the Fayetteville office of CBRE Inc. after eight years to start his own firm.
Rogers investment firm Beaty Capital Group Inc. completed a $37 million deal July 1 to buy the Grand Village at Clear Creek retirement community at 1998 W. Grand Blvd. in Fayetteville. Clinton Bennett with Bennett Commercial Real Estate in Rogers and the Kutak Rock law firm represented Beaty Capital Group in the acquisition.
A 61,017-square-foot office building in Fayetteville recently sold for $12.7 million. The purchase price equals $208.13 per square foot.
Clinton Bennett, principal broker of Bennett Commercial Real Estate in Rogers, represented the buyer
Lowell-based J.B. Hunt Transport Services recently closed an $18 million deal to acquire a three-building office park at 506, 509, and 515 Enterprise Drive in Lowell. The 8.8-acre site is 0.5 miles north of the company’s corporate headquarters along northbound Interstate 49.
Bennett, who recently left CBRE to open Bennett Commercial Real Estate in Rogers, will be the leasing agent and asset manager for the property.
A 5,438-square-foot commercial building in downtown Fayetteville changed hands recently for $925,000. The purchase price equals $170.09 per square foot.
Block Street Corner LLC, led by Cameron Clark, bought the single-story building at 102-104 N. Block Ave.
“It was definitely more heated, and I think that will continue,” said Clinton Bennett, a longtime real estate developer who started Bennett Commercial Real Estate in 2020 in Fayetteville. ““Barring some troublesome macroeconomic event popping up, if this economy continues to move the way it has been moving, then I think we will continue to see larger and larger deals in this market in the coming years.”
Cameron Clark and Clinton Bennett with Bennett Commercial Real Estate in Rogers represented the buyer and the seller.
Clinton Bennett with Bennett Commercial Real Estate in Rogers represented the seller.
Bennett, who recently left CBRE to open Bennett Commercial Real Estate in Rogers, will be the leasing agent and asset manager for the property.
The buyer, 8000 Frazier Pike LLC, is represented by Clinton Bennett, broker, and owner of Bennett Commercial Real Estate of Rogers, who said he has ownership in the Arkansas-based group behind the limited liability company.
Q: How has the pandemic affected the market in terms of the types of properties and space that are in demand?
Property: NWA Bussiness Center
506, 509, 515 Enterprise Dr., Lowell, AR
Clinton Bennett with Bennett Commercial Real Estate in Fayetteville represented the landlord.