Tag: commercial real estate

Advantages of consulting with a tenant broker

When you’re searching for office, retail, warehouse, or any other type of commercial real estate space to lease, finding the right property to match your needs can feel a bit overwhelming, which is why contacting a knowledgeable tenant broker is the best place to start. Tenant brokers understand current market trends and are equipped with the tools and knowledge to successfully guide you through the leasing process from start to finish. 

Kelley Commercial Partners’ tenant brokers have the expertise to make your search for space less daunting. They have the latest information about market conditions and space availability to help narrow your options so you can make a choice with confidence. Working with a tenant broker at Kelley Commercial Partners means you have an expert on your side who can not only save you time and energy but can also save you money.

Tenant broker processThe first step in our process is to schedule an appointment with you to discuss your specific needs. Matt Strom, a KCP agent in our Northwest office says this a crucial step because having a thorough understanding of a client’s needs helps to streamline the process of securing the right space for their business.

Once the ideal space is found, tenant brokers will help you negotiate with landlords to secure the space at the best possible price. And the best part of all? Tenant broker services are done at no cost to you! “Many clients don’t know that a tenant broker’s services are free to them,” said Strom. When a lease has been executed, tenant brokers’ fees are paid by the landlord. 

At Kelley Commercial Partners our brokers have a proven history of satisfied clients. Helping our clients find the right space to meet their unique needs and meet their commercial real estate goals is our top priority. Whether you are looking to lease, buy, sell, or develop commercial real estate, our team is available to guide you through the process.

If you would like us to assist you in your search for your ideal space, please contact us.

Bill Puddephatt Joins the Brokerage and Leasing Team

Bill Puddephatt, CCIM

Bill Puddephatt, CCIM joins KCP

Kelley Commercial Partners is pleased to announce the addition of the newest member of the brokerage and leasing team, Bill Puddephatt, CCIM. After a distinguished 45-year banking career serving national and state financial institutions in Central Arkansas, Bill Puddephatt, CCIM, has joined Kelley Commercial Partners and is excited to use his experience structuring and financing real estate projects in the brokerage field. His emphasis on strong relationships, attention to detail and big-picture thinking result in solutions-oriented outcomes for his clients.

With a strong sense of commitment to the community and having served in statewide and national leadership positions for banking and commercial real estate professional organizations, Bill brings a unique skillset and business perspective to the KCP team.

During his commercial banking career, Bill originated more than $1 Billion in loans with zero loan losses. He financed office buildings, office parks, multi-family projects, assisted living and retirement properties, hotels, retail centers, condominium projects, subdivision developments, and more.

Kelley Commercial Partners rebrands and looks forward

Kelley Commercial Partners

We recently sat down the Daily Record to talk about Kelley Commercial Partners’ recent rebranding efforts and how excited we are about the future of the firm. CEO and executive broker of KCP, Hank Kelley, emphasized that while our name has changed, the company will continue to operate much in the same way it has for the better part of three decades. Most of the firm’s current partners have been in place for several years, and in order to underscore the value of their knowledge, experience, and hard work, Kelley wanted to include the word “partners” in our new name.

And before the ink could dry on our new business cards, an unexpected global pandemic hit and we knew our clients and tenants needed our support more than ever. Property managers and brokers worked closely with tenants to help them understand the process and red tape involved in obtaining state and federal assistance, while our facilities team helped to ensure the health and safety of the occupants in more than 7.4 million square feet of property managed by our firm. Kelley Commercial Partners has also been involved in negotiations that will bring Costco and Amazon to Little Rock.

All in all, it’s been a challenging year for everyone, but Kelley Commercial Partners still sees a bright future for Arkansas and we will continue to serve our community for decades to come.

 

Costco is coming to west Little Rock

Costco coming to west Little Rock

Costco coming to west Little Rock

 

The Arkansas Democrat-Gazette reported today that the wholesale retail giant Costco’s plans for development of 31.81 acres at Chenal Parkway and Kirk Road in Little Rock were approved by city planning commissioners. This will be the first Costco store in the state of Arkansas. Plans include a more than 150,000 square foot warehouse with a tire shop, optical shop, and depending on licensing, a liquor store. The development also will have a free-standing gas station and outparcels. We at Kelley Commercial Partners are excited about this news and look forward to welcoming them to the market.

Trader Joe’s gets city OK for $1M work to renovate space in west Little Rock

11500 Financial Center Parkway

by Noel Oman | Today at 12:20 p.m.

ArkanasasOnline.com

Trader Joe’s, the California-based grocery store chain that has built its popularity on store-wide private-label products, has won city approval to retrofit part of a former Toys R Us location in west Little Rock to house its first Arkansas store.

The work, valued at more than $1 million, includes new systems for heating and cooling the store, refrigeration, plumbing click here now to see the fantastic job that have done All Sewers Service Plumbing 4276 Katella Ave #230 Los Alamitos CA 90720 (844) 389-8882 and electrical work as well as the installation of grocery-store fixtures, according to the permit, which was approved last week.

The permit application was filed by Jeda Design in July. The Santa Clara, Calif.-based design firm’s clients include Trader Joe’s.

Hank Kelley, chief executive officer, partner, and executive broker of Flake & Kelley, the commercial real estate firm marketing the former Toys R Space at 11500 Financial Centre Parkway, said he wasn’t authorized to speak about the prospective tenant.

The firm’s marketing documents lists about half of the available space in the Toys R Us storefront as still being available, the balance of the roughly 30,000 square feet reserved for a “national retailer.”

A spokesman for Trader Joe’s didn’t immediately return a phone call for comment.