On June 7, 2007 R.H. Ghan Commercial Properties learned that The Fort Smith Regional Airport commemorated a new nonstop flight on Delta Airlines to Atlanta's Hartsfield-Jackson International Airport.  This new flight will have daily round trip flights from the Fort Smith Regional Airport.  The Atlanta service conntects Fort Smith to the largest passenger airport in the world.  Welcome Aboard Delta Airlines From R.H. Ghan Commercial Properties!!

R.H. Ghan Commercial Properties has learned that on January 4, 2007 The U.S. Marshals Service selected Fort Smith Arkansas as the new home for the U.S. Marshals Museum.  After a two-year study by The U.S. Marshals Service, Fort Smith Arkansas was selected to be the host city for the agency's new museum.  With 10,000 square feet of historical artifacts, the planned U.S. Marshals Museum will capture the past, present and future law enforcement roles of the nation's oldest federal law enforcement

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Has anyone noticed lately that there is a lot of commotion going on just east of Toys-R-US on Rogers Ave.?

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Safety Kleen: Fort Smith Operation Shuts Doors

 

6101 Prairie Drive is slated to be the new home for Anixter’s Fort Smith, AR operation. 

Arvest Bank, has announced the location of their new branch to be located at 1816 Garrison Ave. in downtown Fort Smith.  The negotiation of the bank site and an additional building located on 9^th and Rogers Ave was brokered by R.H. Ghan Commercial Properties and took nearly eight months to complete. The development will be quite unique for the downtown area as it will

Late last month, Brookstone  Apartments @ 6200 Phoenix Ave. were acquired by BRG Development, LLC.  BRG a local development company partnered with then sole proprietor E Corp. to begin redeveloping the property. 

Thinking about devoloping new office space in North West Arkansas?  You might think again.  According to the Reed Report (mid 2006), office space in NWA is not in short supply.

 Vacancy for this type of space is currently averaging around 15%  with an average asking price of $15.93sf.  These figures may raise questions with investors as whether to devote their dollars to retail projects instead.

 Retail space in this section of the state seems to be holding stronger with an average vacacy of 7.2% and an average asking price of $13.50sf.

If you've driven Phoenix Ave. lately near Old Greenwood Rd., you've seen changes brought to this section of Fort Smith, AR.  It appears the removal of trees has marked the beginning  of development for Target. 

This development will be a great addition to the city of Fort Smith in that along with Target it will bring other big box retail tenants to the area.  Among the retailers considering  opening their doors in Fort Smith, AR are:

Belk's Department Store         Chico's

Fort Smith, Arkansas based developer BRG Development, LLC is currently preleasing space in their new 110,000/sf retail shopping center (Rockwood Plaza) located adjacent to the newly constructed Wal-Mart Supercenter in Cabot, Arkansas. The new development will house mainly Big Box Tenants with smaller inline space to be built at a later date.