Category: Uncategorized

Batesville – a small community with big opportunities

Posted on 08/10/20

Kelley Commercial Partners visits Batesville

Community Center & Aquatics Park

Recently, Jim Dailey and Hank Kelley traveled about 90 miles northeast of Little Rock to visit the city of Batesville. They consulted with Mayor Rick Elembaugh and Chamber President Crystal Johnson to explore economic development opportunities in this small community located along the shores of the White River. Their hosts led them on a tour of Batesville’s active downtown, state-of-the-art conference center, the Terry Sims Diamond Sports Complex, and the Community Center & Aquatics Park completed in 2017.

As Arkansas’ oldest city, Batesville (which has gone by other names including Napoleon and Poke Bayou) has a long and interesting history. Batesville is home to Lyon College and the University of Arkansas Community College at Batesville. It is also the hometown of NASCAR driver Mark Martin. The Mark Martin NASCAR Museum, built in his honor, is a popular attraction as is the speedway where he began his racing career.

Historic Melba Theatre on Main Street, Batesville, AR

Several buildings in Batesville are on the National Register of Historic Places, including the historic Melba Theatre which was built in 1875 and became one of Arkansas’ first cinemascope theaters in 1940. This historic property has undergone several transformations over the years, but today it operates as a beautiful modern movie theatre and is considered an integral part of Batesville’s Main Street business district.

Batesville has a thriving retail community where you can expect to find big-business names like TJ Maxx and Home Depot alongside small, family-run businesses like Bellabird Boutique and Thompson’s Fine Jewelry. Batesville can is a charming place to visit, a prosperous place to do business, and a beautiful place to call home.

If you would like to explore economic development opportunities in your city, contact our Director of Government Relations, Jim Dailey, at jdailey@kelleycp.com.

Jordan Jeter Recognized as One of Northwest Arkansas Business Journal’s Forty Under 40

Posted on 12/11/18

We are pleased to announce that Flake & Kelley’s partner, Jordan Jeter, has been recognized by Northwest Arkansas Business Journal’s as one of their “Forty Under 40.” We’re proud of Jordan and all that he has accomplished, and we’re very glad that he’s on our team.

Jordan Jeter enjoys the art of the deal, putting all the puzzle pieces of a transaction together over a long period and then seeing it come to fruition in a lease, a new building or a sale. In the process, he enjoys getting to know interesting people from all over the country.

Jeter pairs clients with property that fits their needs so that they will do business with him again, and 99% of his clients are repeat buyers. His business has grown along with the needs of his clients and makes him a “long-distance runner instead of a sprinter.” Transactions include Crossroads Plaza in Bentonville, Tuscany Square in Rogers and Mathias Plaza in Springdale.

The Pine Bluff native graduated from the University of Arkansas in 2004 with a degree in real estate finance. After a brief stint in San Francisco trying to break into music, he worked as a banker for Metropolitan Bank in Little Rock, getting his real estate license. About 12 years ago he was introduced to John Flake, who hired him as an intern. He ended up in an entry-level position in Northwest Arkansas at a time when the market was in a downturn, but Jeter saw that as an advantage, cold calling to get business.

Jeter counts John Flake, Matt Dearnley and Hank Kelley as important mentors, saying Flake and Dearnley allowed him to job shadow the two men for two years and gave him some listings so he would have inventory.

While still in his mid-20s, Jeter was promoted to partner, and he said that is his biggest accomplishment. One of his main responsibilities as a partner is recruiting new talent for the business.

While he enjoys his job, he has “had his head down for a long time now,” so he would like to slow down a bit and adjust to get more work/life balance. Jeter enjoys hanging out with his daughter and listening to records on his back porch.

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

Posted on 09/04/18

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

Flake & Kelley Commercial Hires Nicholas Kelley

Posted on 08/15/17

Flake & Kelley Commercial is pleased to announce that Nicholas Kelley has joined the firm. Nicholas (“Nick”) will be an integral part of the Flake & Kelley team, using his legal expertise and real estate experience to benefit our company and our clients.

Nicholas will be active in brokerage and development and will also provide property management support. Hank Kelley, SIOR, CRE, CEO of Flake & Kelley Commercial is excited to have his son, Nick Kelley, joining the Flake & Kelley team. “We are thrilled to have Nick on board. His skill set and experience will complement the success of our brokerage and property management teams.”

Nicholas’ career began in the legal industry as a commercial real estate associate for Quattlebaum, Grooms, & Tull located in Little Rock, Arkansas. He subsequently served as a real estate associate with McGuireWoods in Atlanta, Georgia. Throughout his professional career, Nicholas has represented real estate developers, Fortune 500 retailers, lenders, borrowers, and other national and international clients on a variety of commercial real estate transactions and developments.

Nicholas holds a Bachelor of Business Administration degree from the University of Georgia in Athens, Georgia and a Juris Doctorate degree from the Walter F. George School of Law, Mercer University in Macon, Georgia.

He and his wife, Kadee, and their two sons, Jack and Luke, are excited to make Little Rock their home.

BREAKING: Groundbreaking that is!

Posted on 06/01/17

NEW CLASS A OFFICE BUILDING “CHENAL RIDGE” COMING SOON!

Conveniently located in west Little Rock’s bustling growth corridor, this newly constructed “Class A” office building is designed to house current professionals, growing businesses and entrepreneurs who desire professional, upscale space with unparalleled flexibility and value.

Chenal Ridge is highly visible and directly accessible from Chenal and Markham coupled with its modern architecture, this project is truly unique. Currently, we are conducting advanced negotiations with other companies looking for office space with a high level of comfort and quality to bolster their brand image,” says Drew Mentzer, Leasing Agent at Flake & Kelley Commercial. The new office building, Chenal Ridge will offer up to approx. 10,000 SF of ready to lease space on the ground floor and a 3.8 per 1,000 parking ratio.

If you are interested in leasing sleek new office space with a modern design, contact Drew Mentzer (501) 244-7509. Available space is limited so call today!