2011 brought a renaissance of sorts to Evelyn Hills Shopping Center, which for decades was a bustling center of commerce in Fayetteville but fell on leaner times as retailers migrated north toward Joyce Boulevard.
In 2002, the 155,000-SF center on North College Avenue at Memorial Drive was nearly half-vacant. And over the last 10 years, it’s seen plenty of retailers and restaurants come and go.
But Northwest Arkansas’ oldest shopping center added eight new businesses last year, bringing the current total to 25. That leaves only two large spaces – about 10,800 SF and 5,800 SF, respectively – and a few smaller office-type spaces vacant, said Matt Dearnley, CEO of Flake & Kelley Commercial Northwest, which leases and manages the property.
Jordan Jeter, a partner with Flake & Kelley, said they’ve got some leads on the larger spaces and hope to get those filled soon.
To view the full article from Arkansas Business.