NEWS

Another Adaptive Reuse Project Started on Main Street

Four Historic Renovations complete and One underway in Argenta

North Little Rock, AR (February 9, 2017) — Newmark Grubb Arkansas today announced another mixed use redevelopment is underway in the Argenta Arts and Entertainment District of North Little Rock. John Chandler began renovations to the historic EO Manees building at 317 Main Street in January. Previously occupied by Thomason Furniture, the two story building will be renovated into office and retail lease space. The 10,000 square foot building will contain approximately 4,987 square feet first floor retail space and approximately 4,640 square feet second floor office space complete with a new elevator. Thomason Furniture continues to operate in the adjacent building at 315 Main Street. Renovations are set to complete by August of 2017. Greg Nabholz, senior managing director and Fletcher Hanson, principal and executive managing director of Newmark Grubb Arkansas are the exclusive listing agents for the property.
 
“The ground level space in this historic building are ideal locations for restaurant, retail, and entertainment and the proximity to the Arkansas Regional Innovation Hub, banks, services, and restaurants. The second floor will have an open office plan with elevator access making it a perfect location for technology and creative companies to locate. In addition, the convenient location in Downtown Little Rock-North Little Rock with close proximity to I-30, parking availability within a 1 block walk, on the Rock Region Metro streetcar line, and 2 blocks from the Arkansas River Trail provide many options for customers and clients to access this location.” said Greg Nabholz.
 
John Chandler has played a vital role in the redevelopment of downtown North Little Rock’s Main Street over the last several years. His other mixed use projects include the recently completed Koehler Bakery Buildings, a complex of three buildings located at 711-715 Main Street containing ground level retail/office spaces and 5 loft apartments, occupied by five residents, Barry Thomas Studios, Ozark Escape, and Mortgage Peer Network. 314-316 Main Street, a two story mixed use building occupied by Skinny J's Restaurant and Bourbon and Boots and the Faucette Building, a two story mixed use building at 421-429 Main Street occupied by Argenta Methodist Church, Ristorante Capeo, Mike Russell Photography, and Greg Thompson Fine Art.
 
“With past occupancy being extremely tight in the Argenta District, these new projects provide businesses with a long awaited opportunity that did not exist prior to the redevelopment. We expect spaces to lease quickly and look forward to the creation of new customer experiences throughout the District” said Fletcher Hanson.
 
In addition to the four spaces available at 317 Main Street, an approximately 1,980 square foot retail/office space is still available for lease at 715 Main Street in the Koehler Bakery Buildings and an approximately 2,500 square foot of retail/office space is available in the adjacent building at 709 Main Street. Both spaces have a nice open floor plan and are well suited for businesses such as art galleries, creative & design firms, gift shops & florists, fitness & yoga studios, nail & hair salons among others.
 
For more information on all these lease spaces please contact Greg Nabholz at 501.329.4468 or gnabholz@ngarkansas.com or Fletcher Hanson at 501.952.4975 or fhanson@ngarkansas.com. You can also visit the property websites https://buildout.com/website/317MainStreet, https://buildout.com/website/koehlerbakerybuildings and https://buildout.com/website/709Mainstreet
 
About Newmark Grubb Arkansas
Newmark Grubb Arkansas is a full-service commercial real estate operation, offering services including, but not limited to, tenant representation, landlord representation, real estate and economic consulting services, investment sales and capital markets, property and facilities management. The firm has more than 25 employees and agents with offices in North Little Rock and Bentonville and manages more than 1 million square feet of office, retail, industrial and mixed-use property. For more information, visit www.ngarkansas.com.

 

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