Author: Paula Guajardo

HMS Manufacturing Co. announces production and distribution facility at the port

Posted on 10/31/19

The Arkansas Democrat-Gazette reported that Gov. Asa Hutchinson announced Wednesday HMS Manufacturing Co. will open its fourth manufacturing and warehouse facility in Little Rock. Co-owners, Janet Sofy and Nancy Negohosian, were in Little Rock for the announcement. This operation will create up to 90 new jobs in Little Rock. Nick Kelley and Gary Smith of Flake & Kelley were in attendance.

“We’re excited to see the increase in activity in the port and the creation of new jobs,” said Nick Kelley, executive vice president and partner.

Frito-Lay occupied a brand new $2.5 million warehouse facility in 2018 and in August of this year Smith closed on the sale of 35,600 SF at 4301 Mauney Rd. in the port. Currently he has an office building at 7773 Sloane Dr. listed for sale.

“The Little Rock Port Authority does a great job promoting the port and bringing new business to Little Rock,” said Gary Smith, director of business development at Flake & Kelley.

Nicholas Kelley Joins LGLR Class XXXV

Posted on 09/27/19

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

Posted on 09/19/19

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.

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 had an amazing commercial 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.

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

Posted on 08/26/19

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

Posted on 08/13/19

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, anonymous lawyer

• Nathan Rutledge, senior management director of Crews & Associates

• Ted Dickey, investment fund founder

• Patrick Schueck, vice president of Lexicon Inc.

• Pam Courtney, developer