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About Flake & Kelley

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About Flake & Kelley About Flake & Kelley Presentation Transcript

  • FLAKE & KELLEY COMMERCIAL 1
  • Flake & Kelley Commercial To provide quality commercial real estate services to our clients. Through targeted marketing and relationship building with our clients, we can provide these services for a profit and allow professional growth of our associates. 2
  • Flake & Kelley Commercial •Property & Facilities management •Tenant Representation •Development Management •Investment Sales •Build-to-Suit Opportunity •Consulting & Advisory Services •Accounting Services 3
  • Flake & Kelley Commercial ChainLinks Retail Advisors  Accredited Management Organization (AMO) through  the Institute of Real Estate Management (IREM) since 1992 Member, Institute of Real Estate Management  (IREM) Member, Building Owners and Managers Association  (BOMA) 4
  • Flake & Kelley Commercial Total square footage managed: 4,406,336 2,136,056 square feet of office space 498,484 square feet of medical office space 779,578 square feet of retail space 992,218 square feet of warehouse/storage space Average length of management: 8.7 years Flake & Kelley manages 20% of downtown office space, 24% of suburban office space and 8.5% of community and/or neighborhood retail space in the Little Rock market. 5
  • Flake & Kelley Commercial Over the past five years, Flake & Kelley Commercial has had: 103 Total Tenant Representation Transactions • 53 Retail 250,000 Square Feet • 50 Office 430,000 Square Feet Some primary Tenant Representation Brokerage clients include: Panera Bread Regency Beauty College AT&T Borders Books Fellowship Bible Church Relax the Back TJ Max Tyson Foods 6
  • Having recently received the TJ Maxx account from our ChainLinks affiliate, The Shopping Center Group of Florida, we have reintroduced the state and are currently working on a deal in the Russellville, AR area. We have also shown several other new markets to TJ Maxx. Our goal is to assist TJ in accomplishing their goals of one store a year in the Arkansas market. 7
  • An account we have opened to the state thanks to Pace Properties, Panera will open four stores in 2008 and a projected two stores for 2009. Our hard work and market knowledge continue to help them with their proliferation throughout the state of Arkansas. 8
  • The largest cellular carrier in the world has chosen Flake & Kelley to represent them throughout the state of Arkansas. We have completed over ten representation jobs for AT&T in various markets, both small and large. Their aggressive pursuit is complimented by our knowledge and expertise to place AT&T in the perfect retail real estate site. 9
  • Flake & Kelley Commercial 10
  • Leasing partner with 500,000 square feet retail development on 97 acres at Shackleford and I-430, Little Rock. Anchor leasing complete with JC Penney, Wal-Mart Supercenter, Haverty’s, Babies R US, Cracker Barrel and a variety of small regional restaurants and retailers that follow Wal-Mart and JC Penney’s. 80,000 square feet of in line small to medium space under construction with different phases of completion through 2008 11
  • 12
  • Breckenridge Village is a retail shopping center located in west Little Rock with approximately 124,554-SF. Flake & Kelley is responsible for both managing and leasing spaces in this center. For entertainment, Breckenridge Village boasts the United Artist Breckenridge Village movie theater and the Looney bin Comedy Club. For kids, you’ll find The Wonder Place and Gymboree. 13
  • Flake & Kelley Commercial is responsible for leasing space in this shopping center. This property is located on the northeast corner of Markham and Shackleford where both of these street experience high traffic volume throughout the day. Anchors in this plaza include Kroger and Jason’s Deli. 14
  • Midtowne Little Rock is a different kind of shopping experience that specializes in modern, upscale, classic retail. With over 125,850-SF, this is considered the best new retail space in the mid-town area. Co-tenants include The Container Store, Children’s Place, J.Jill, Chico’s, Williams Sonoma, Relax the Back, Brighton, Bombay, Justice for Girls, Lewis & Clark, Jos. A Bank, Ann Taylor Loft, Pottery Barn, Starbucks, Harold’s Francesca’s, Pei Wei and White House/Black Market. 15
  • The Centre at Chenal is an office retail mix with a total size of 50,660-SF. This center was constructed in 2000 and is located near the Chenal Country Club. Co-Tenants include Koto, Xerox, Coffee Beanery and US Bank. 16
  • Our firm not only manages Chenal Corners, but we are also responsible for leasing the property as well. Anchor tenants include NYPD Pizza and the Cross-Eyed Pig Bar-B-Q. This property is a 12,000-SF center located off Highway 10 with a traffic count of 18,000 vehicles per day 17
  • Flake & Kelley Commercial helped one of the largest evangelical churches in Arkansas locate 50 acres at the old Shackleford Dairy Farm in west Little Rock for their new home. The relocation involved working with the city of Little Rock to re-zone and re- work site plans to facilitate this transaction. 18
  • Flake & Kelley Commercial 1501 Westpark Comcast Building Nuvell    1601 Westpark Corporate One One Corporate Square    18 Corporate Hill Coresource Otter Creek Business Park    2120 Riverfront Deluxe Media Park Place    333 Executive Court Dollar General Procter & Gamble I    613/615 Main Street Durwood Plaza Procter & Gamble II    Acxiom Chenal Euronet Rock Street Lofts    Acxiom Riverdale Extra Closet Shackleford West    Baker Building Flake Wilkerson Springhill Medical    Baptist Memorial Goodyear Summit Plaza    Blandford Building Hot Springs Village Tarzana    Bowman Place Landers Corporate Two Financial Center    Breckenridge Professional Medical Towers I US Bank Building    Breckenridge Village Medical Towers II Village Shopping Center    Centre at Chenal Metropolitan Plaza Westchase Plaza    Centre at Ten Metropolitan Tower Westside Medical    Centremark Northwest Village West Little Rock Physicians    Center Chenal Corners  19
  • Flake & Kelley Commercial Metropolitan National Medical Towers II   Bank Tower Blandford Physicians  ArkSys/Euronet Center  Headquarters Arkansas Electric  Acxiom Plaza Cooperatives  Acxiom Chenal Beverly Headquarters   Procter & Gamble St. Edward Mercy   Medical Center The Victory Building  Dailey Building  7 Shackleford West Conversion  20
  • Metropolitan Tower Dailey Building Ark Systems Plaza Beverly Enterprises Chambers Bank Chenal Office Park 7 Shackleford West Riverdale Plaza Arkansas Electric Co-Op Euronet Worldwide Procter & Gamble 21
  • Constructed in 1986 containing 750,000 SF, 40 stories. Entergy Corporation was lead tenant along with several prominent Little Rock companies. Building currently operates at 95% occupancy. 22
  • Conversion of the Dailey furniture building at 3rd and Rock Streets into 48 loft apartment units. Our firm represented an ownership group in the acquisition of the building, design and remodeling of the facility and the management to residential users. 23
  • Represented Little Rock Cardiology in their attempt to find new office headquarters in vicinity of the Arkansas Heart Hospital. Acquired 8-acre tract, selling off the front 4-acres to a Lexus car dealership. Leasing, property management and development of a 70,000-SF facility. 24
  • Assisted and represented Acxiom in the acquisition of a parcel forming a joint venture to jointly own the property with the principals of Flake & Kelley. Acxiom leased the facility from day one with 100% occupancy. Our firm represented the development, leasing and property management to see that the property has performed as scheduled. 25
  • Corporate headquarters for executive team of the Acxiom Corporation. Our assignment was to acquire a site and develop a building with the corporation headquarters in mind leading the tenant mix with outside tenants containing approximately 50% of the space. Our firm was development agent, leasing agent and property management agent. 26
  • 27
  • Worked with Euronet to relocate them from the ArkSystems Plaza and resizing their space need to recreate the optimum utilization of their space in a three-story facility. The buiding was occupied with one-third outside tenants and two-thirds by Euronet. This facility was built in 2002 with a recent refinance of the building. 28
  • West Little Rock, Arkansas. We assisted ARKSys Corporation in the site selection for land and development of 450,000-SF office and retail park which they occupied 80,000-SF. This facility was built in 1995. Our firm was involved in the design and build phase of the project coordinating the architect and contractors and in addition leasing out the balance of the building to third-party tenants. Our firm has retained the property management and leasing of this property since and has refinanced the property since the original project. 29
  • Our company was retained to do a site analysis evaluation and feasibility study with making a corporate headquarters at this location versus other locations in the community. We worked directly with the board of Arkansas Electric Co-Op executive director to determine that the existing site would handle a major improvement for the corporate headquarters facility and then handled construction administration and offsite location necessary in order to accommodate transition into this facility. 30
  • Flake & Kelley Commercial The Centre at Ten is a 118,000-SF mixed use office and retail project situated on 10.5 acres in west Little Rock. Our firm assembled the ownership, picked the site, oversaw construction administration, and currently handles leasing and property management. The occupancy rate is 90% with only small office spaces available. 31
  • Development of 82 acres at the northwest corner of Colonel Glenn and I-430, Little Rock for primarily retail with minor office uses. Acquisition of property completed, financing in place, anchor searches in progress. Activity on out parcels and small parcels is extensive. Site work anticipated to start in August 2007. 32