Posts from April 2004
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28
Crye*Leike Executive Realty Expands & Moves into $1.5 Million Facility
The move was prompted by the company's growing sales force, which generated $38.8 million in sales during 2003, said Kirk Tinsley, principal broker and co-owner.
It was less than two years ago when Crye*Leike Executive Realty opened for business in July 2002. "We just outgrew our current space," said Tinsley, " and, that's not such a bad problem to have."
After just one year in business, co-owners Kirk Tinsley and Geoff Fields saw first-hand how fast their new business and sales force were growing and their 3,120 square foot office space was shrinking. It was at that point that they decided...
26
Historic North Little Rock Neighborhood Enjoying Renewed Interest
By reporter Carl D. Holcombe
Street-churning development is remaking North Little Rock's downtown, but its historic Park Hill neighborhood is generating interest by relying on old-fashioned charm, affordable housing and an infrastructure touch-up.
Those three factors, business and civic leaders hope, will take the tree-canopied neighborhood out of the shadows of Little Rock and imbue it with a new sense of vitality by attracting new businesses, residents and respect.
"We really want to pattern Park Hill after what The Heights has done," said Terry Hartwick, president and CEO of the North Little Rock Chamber of Commerce. "The Heights really took off, and Park Hill is about to do the same ? quaint shops and quaint restaurants are coming."
The city has recently finished installing 1920s period light poles, sidewalks and improved medians on John F. Kennedy Boulevard as part of a facelift by Marlar Engineering of North Litt...
21
Crye-Leike, Realtors Moves Its Hot Springs Office to New Improved Facility
Hot Springs, Ark. - Crye-Leike, Realtors' Hot Springs branch office is now in a better position to serve Garland County's real estate needs with its recent move into a new $1.5 million state of the art facility, announces Bob Benscoter, managing broker and sales manager of Crye-Leike's Hot Springs branch office.
The office moved its current sales force of 45 sales associates in April 2004 into a new company-owned business park, located at 1420 Central Avenue, on the most popular corridor of Hot Springs and approximately 1.5 miles north of Oaklawn Race Track.
The new Crye-Leike Hot Springs office occupies 6,000 square feet of the 13,000 sq. ft. strip center, leaving enough room to expand its sales force to 60 seasoned agents, notes Benscoter. Company officials plan to lease the remaining 7,000 sq. ft. to real estate related businesses such as a mortgage company or title & escrow company, a deviation from current market trends for strip center tenants, says...
21
Crye-Leike'S First Quarter Sales: A Barometer of the Real Estate Market
Little Rock, Ark.. - Crye-Leike, the nation's 10th largest real estate company, reports brisk across-the-board sales activity due to low mortgage rates as disclosed in its first quarter sales report.
"The improving economy, along with record low mortgage rates, has helped fuel the record sales levels," says Chief Executive Officer Harold E. Crye. "The National Association of Realtors predicts that historically low mortgage interest rates will dominate again this year, which will help to keep Crye-Leike's sales strong and very close to last year's record of $3.66 billion."
Memphis-based Crye-Leike, Realtors says its sales volume in the first quarter of 2004 was up 20.7 percent over the same quarter a year prior. Sales for the first quarter totaled $833.48 million, up from $690.51 million in the same quarter last year. Units sold totaled 5,707, up 16.6 percent compared to 4,895 a year prior.
Average residential sales prices in March 2004 for Crye-...
21
Crye-Leike's First Quarter Sales: A Barometer of Tenn.'s Real Estate Market
Memphis, Tenn. - Crye-Leike, the nation's 10th largest real estate company, reports brisk across-the-board sales activity due to low mortgage rates as disclosed in its first quarter sales report.
"The improving economy, along with record low mortgage rates, has helped fuel the record sales levels," says Chief Executive Officer Harold E. Crye. "The National Association of Realtors predicts that historically low mortgage interest rates will dominate again this year, which will help to keep Crye-Leike's sales strong and very close to last year's record of $3.66 billion."
Memphis-based Crye-Leike, Realtors says its sales volume in the first quarter of 2004 was up 20.7 percent over the same quarter a year prior. Sales for the first quarter totaled $833.48 million, up from $690.51 million in the same quarter last year. Units sold totaled 5,707, up 16.6 percent compared to 4,895 a year prior.
Average residential sales prices in March 2004 for Crye-Leik...
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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