AR - Little Rock
CA - Humboldt County
DEMOGRAPHICS
Little Rock-North Little
Rock
Conway, AR
4,090
690,456
276,042
$71,848
290,765
6.5%
Coldwell Banker Commercial
Hathaway Group
2100 Riverdale Rd., Suite 100
Little Rock, AR 72202
(501) 663-5400
www.hathawaygroup.com
CONTACT
OFFICE
Vacancy
N
Absorption
P
Rental Rates
Q
INDUSTRIAL
Vacancy
Q
Absorption
P
Rental Rates
N
MARKET HIGHLIGHTS
•;A 3-building complex was
acquired from Verizon Wireless
by local investors and offered
to market as new multi-tenant
inventory.
•;Retail market had over 115,000
SF of positive absorption in 4th
Quarter of 2011.
•;Kum & Go convenience store
chain entered the market for
major expansion and opened
two stores in 4Q 2011.
•;Dillard’s established internet
fulfillment center and brought
300 jobs to area.
•;French company Saint-Gobain
made $100 million investment
and created 140 jobs in Saline
County.
•;Forbes.com named Little Rock
the “6th best mid-size city for
jobs” and the ”14th best metro
for young professionals.”
RETAIL
Vacancy
Q
Absorption
P
Rental Rates
N
MULTI-FAMILY
Vacancy
P
Absorption
Q
Rental Rates
N
DEMOGRAPHICS
Eureka
Arcata
Fortuna, CA
3,572
130,076
MARKET HIGHLIGHTS
•;Wal-Mart to open its first store in
Humboldt County in 2012. Shell
has proposed construction of a
25 turbine wind farm.
•;New construction of 48,000 SF
Safeway store completed in 2011
and 100,000 SF hospital addition
to be completed in spring of
2012.
54,341
$53,630
36,951
•;Confidence in investing in
commercial real estate slowly
improved in 2011. Total
commercial sales volume in
2011 increased by 5% from 2010
& Multi-Family sales volume is
slightly up. Leasing remained
strong in 2011. Although Retail &
Warehouse rents decreased while
Office rents were up significantly.
10.6%
(707) 442-2222
pacificpartnerscommercial.com
CONTACT
•;The number of sold residential
listings in 2011 was slightly
higher than the previous year.
However, the sold median
residential price was down
slightly, as were residential rental
rates.
Coldwell Banker Commercial
Pacific Partners Real Estate
1036 5th St., Suite A
Eureka, CA 95501
•;Humboldt County’s
unemployment rate was slightly
lower than the state average
in 2011. The largest employers
include Humboldt State
University, St. Joseph Hospital
and County of Humboldt.
OFFICE
RETAIL
Vacancy
P
Vacancy
P
Absorption
Q
Absorption
Q
Rental Rates
P
Rental Rates
Q
INDUSTRIAL
MULTI-FAMILY
Vacancy
Q
Vacancy
Q
Absorption
P
Absorption
N/A
5 Rental Rates
Q
Rental Rates
Q
