Paul Esterer
Principal, CEO and Executive Managing Director

Paul Esterer

805 S Walton Blvd, Ste 690
Bentonville, AR 72712

T: 479.271.6118
F: 479.250.4879
M: 479.685.6612
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Professional Background

Paul Esterer serves as CEO and Executive Managing Director of Newmark Grubb Arkansas. Esterer is one of the leading commercial brokers in the state of Arkansas, as well as licensed in Missouri and Ohio, on national office, retail, multifamily and industrial properties.  With his combined 28 years’ experience in commercial real estate and banking, he has risen to the top as a respected commercial real estate executive, developer and broker.

Esterer uses his significant track record in project development involving urban living, retail dining and office space to help clients bring to life large scale economic development efforts.  He is also active in local, state and federal legislative and governmental affairs in Arkansas.  As part of the well-rounded services Newmark Grubb Arkansas offers, Esterer is a frequent speaker at economic developer, urban redevelopment and financial conferences across the United States.

Representative Transactions

Development & Leasing Highlights:

  • 8W Center; 85,000 SF; Office Building; Bentonville, AR
  • 8th Street Market; 85,000 SF; Office, Restaurant & Education; Bentonville, AR
  • Bentonville Commerce; 120,000 SF; Office Building; Bentonville, AR (Landlord Rep)
  • Roberts Law Firm; 10,000 SF; Office Building; Bentonville, AR (Tenant Rep)

Land Sale Highlights:

  • 21 Ac + Primrose Retirement Senior Living Site
  • 20 Ac + Simmons Kourtis Multi Family Group, Rogers, AR
  • 22 Ac + Richsmith: The Point at Bentonville apartments
  • 24 Ac + Walton Family, Bentonville
  • 9.5 Ac + Walton Family, Bentonville
  • 70 Ac + Buffington Homes Subdivision, Bentonville

Acquisitions & Sales Highlights:

  • Retail Portfolio; (6 Properties); $27,000,000; various sites
  • 5th Street Offices; 60,000 SF; $6,000,000; Bentonville, AR
  • MOB: Boozman Hof; 22,000 SF; $5,200,000; Rogers, AR
  • Stadium Apartments; Retail & Multifamily; $6,675,000; Fayetteville, AR
  • South Creekside Apartments; Multifamily; $8,000,000; Fayetteville, AR

Education

Esterer holds a Bachelor of Science degree in Finance from Southern Methodist University in Dallas and a Master of Business Administration degree from the University of Arkansas at Little Rock.

Areas of Specialization

  • Investment Sales
  • Retail & Entertainment
  • Economic Development
  • Senior Housing and Apartments