Category: Featured

Flake & Kelley Commercial Elects New Shareholder Partners

Little Rock, AR (December 21, 2018) – Flake & Kelley Commercial is pleased to announce the election of four new shareholder partners. Nicholas Kelley, Cynthia Lu, Kevin Pledger, and Eric Varner have earned shareholder status in the company to join existing partners John Flake, Hank Kelley, Daryl Peeples, Cheryl White, Maggie Hogan, Kathy Groce, James Harkins, Bill Pendergist, and Brooke Miller. With the addition of these new shareholders, Flake & Kelley now has partners across every department, including: brokerage, property management, accounting, human resources, and maintenance.

Hank Kelley, CEO of Flake & Kelley Commercial, commented: “Our new shareholders are an important part of our future as they demonstrate a high degree of knowledge and care for our clients.”

John Flake, Chairman, joined Mr. Kelley in congratulating the new partners: “Our new shareholders represent the finest in professional services. We are delighted to recognize their many contributions to Flake & Kelley.”

Nicholas Kelley joined Flake & Kelley in 2017 and serves as Executive Vice President for the company. He is also a member of Flake & Kelley’s Executive Committee. Nicholas is a member of the company’s brokerage/leasing team, representing such clients as Arthur’s Steakhouse/Ocean’s at Arthur’s and Riverside Properties and properties including Two Financial Centre and the Blandford Building. He also provides guidance to Flake & Kelley’s team on a variety of complex legal matters.

Nicholas is a graduate of the University of Georgia (BBA, Real Estate and Finance) and the Walter F. George School of Law, Mercer University (JD). Mr. Kelley received The American Bar Association Section of Labor and Employment Law and the Bureau of National Affairs Award for excellence in the study of labor and employment law. Prior to joining Flake & Kelley, Nicholas practiced as a commercial real estate attorney with the Little Rock firm of Quattlebaum, Grooms & Tull, PLLC and most recently with a large Am Law 100 firm in Atlanta, Georgia (McGuire Woods LLP). Nicholas is recently completed the Arkansas Business Executive Leadership Academy.

Cynthia Lu joined Flake & Kelley in 2013. As a member of the company’s transactional team, Cynthia is responsible for traditional brokerage, leasing, and tenant representation. She represents national, regional, and local retailers such as AT&T, Firebirds Restaurants, Mattress Firm, PetSmart, Signet Jewelers, and Taco Bueno. Cynthia is also a leasing agent for a number of retail centers, including Westchase Plaza, Markham Square, The Village Shopping Center, and Lewis Crossing in Conway.

Cynthia is a summa cum laude graduate of Rice University (BA) and earned a master’s degree from Georgia Tech University in Building Construction & Facility Management. Cynthia was one of the first LEED (Leadership in Energy and Environmental Design) accredited professionals. She is a member of ChainLinks Retail Advisors and the International Council of Shopping Centers (ICSC). Cynthia was recognized as one of Little Rock Soiree Magazine’s “Women to Watch” in 2017. Cynthia has recently been selected to participate in the Leadership Greater Little Rock Class XXXIV.

Kevin Pledger joined Flake & Kelley in 2014 and serves as Director of Facilities. He is responsible for directing all activities for the facilities department including the repair, maintenance and construction of all Flake & Kelley managed properties.

Kevin is a member of the American Society of Healthcare Engineering (ASHE), the Arkansas Association for Healthcare Engineering (AAHE), the National Fire Protection Association (NFPA) and the American Society for Heating, Refrigeration, Air Conditioning Engineers (ASHRAE). Prior to joining Flake & Kelley, Kevin served as the Operations Manager for the Arkansas Building Authority.

Eric Varner joined Flake & Kelley in 2013. As a member of the company’s property management team, Eric oversees the management of some of Central Arkansas’ premier office buildings, medical buildings, and retail centers, including Two Financial Centre, The Village at Pleasant Valley, Westchase Plaza, and Shackleford Crossings.

Eric is a graduate of Ouachita Baptist University (BA – Business Administration). Eric was recently awarded the designation of Certified Property Manager® – CPMs are recognized as experts in real estate management and they are at the top of the profession. Eric is also active in Park Hill Baptist Church, Urban Promise, and FORE Ouachita.

For further information, please contact:

Paula Guajardo, Director of Marketing

Flake & Kelley Commercial

501.244.7540 (direct)

501.960.3693 (mobile)

pguajardo@kelleycp.com

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

Flake & Kelley Commercial Welcomes Grub’s Bar & Grille to Little Rock

Flake & Kelley Commercial is pleased to announce that Grub’s Bar and Grille is coming to Little Rock.  The restaurant chain, which has three locations in northwest Arkansas, plans to open a new location in the Chili’s location at The Village at Pleasant Valley, which is located at 10700 North Rodney Parham Road. The lease for the 6,120 RSF space was finalized in early August.

According to the Grub’s ownership team, “Grub’s Bar and Grille has spent years looking for the perfect location in Central Arkansas and we are thrilled to finally be able to open a family friendly restaurant in Little Rock!”

Nicholas Kelley, Brooke Miller, and Eric Varner of Flake & Kelley Commercial represented the building’s owners.  Matt Strom and Thomas Schmidt of Flake & Kelley Commercial represented Grub’s.   Hank Kelley, CEO of Flake & Kelley Commercial and part of The Village at Pleasant Valley ownership, stated: “We are thrilled to help Grub’s locate in the Village at Pleasant Valley. The Grub’s location is front and center to a reemerging retail and restaurant neighborhood named West Village.  The food and drink options will be fun and popular and create an exciting addition to our property.”

Read the article in the Arkansas Democrat Gazette

 

Eric Varner Becomes Flake & Kelley’s Newest Certified Property Manager®

Flake & Kelley Commercial is proud to announce that Eric Varner has been awarded the designation of Certified Property Manager®.  CPM®s are recognized as experts in real estate management, and they are at the top of the profession.  According to the Institute of Real Estate Management (IREM®), “The CPM is the elite mark of distinction those invested in real estate demand when they seek someone they trust with their assets. It’s a title that makes a life-changing difference for those who have what it takes to earn it.”

Eric joined Flake & Kelley in 2013.  As a member of the company’s property management team, Eric oversees the management of some of Central Arkansas’ premier office buildings, medical buildings, and retail centers, including Two Financial Centre, The Village at Pleasant Valley, Westchase Plaza, and Shackleford Crossings.

Eric is a graduate of Ouachita Baptist University (BA – Business Administration).

 

 

 

 

 

 

 

 

 

 

Flake & Kelley’s Partner and Executive Vice President, Nicholas Kelley, Selected to Participate in the Arkansas Business Executive Leadership Academy

Flake & Kelley Commercial congratulates Nicholas Kelley on being selected to participate in the 2018 Arkansas Business Executive Leadership Academy.  Nicholas joined Flake & Kelley in July 2017 as Executive Vice President and serves on the company’s Executive Committee.

Arkansas Business’s Executive Leadership Academy is designed to foster personal development and professional growth for the state’s emerging business and nonprofit leaders.  Bank of the Ozarks CEO George Gleason, J.B. Hunt Transport Chairman of the Board Kirk Thompson, Sage Partners Principal Mark Saviers, Cameron Smith & Associates CEO Cameron Smith and former Tyson Foods CEO Donnie Smith will serve as featured speakers for the academy’s inaugural year.

“We have developed the Arkansas Business Executive Leadership Academy with the state’s next-generation leaders in mind,” said Chris Bahn, publisher for business special publications at Arkansas Business Publishing Group. “We have access to some of the best business minds in the world right here in Arkansas, and we are thrilled to have them play a part in this unique learning experience.”

 

https://www.ableadershipacademy.com/