AR - Little Rock
CA - Antelope Valley
DEMOGRAPHICS CBSA
Little Rock- North Little RockConway, AR
DEMOGRAPHICS
Square Miles
Population
Households
Household Income Median
Employees (Total)
Unemployment
4,090
690,456
276,042
$56,190
290,765
6.70%
CBSA
Antelope Valley
MARKET HIGHLIGHTS
Square Miles
Population
Households
Household Income Median
Employees (Total)
Unemployment
2,500
513,547
156,816
$67,268
166,627
8.50%
MARKET HIGHLIGHTS
• 40,000 SF of Class A Office space was absorbed via Perfect
• China based BYD, a firm specializing in rechargeable
Manufacturing’s purchase of 16101 St. Vincent Way.
batteries, electric bus and vehicle manufacturing, and green energy technologies, opens electric bus manufacturing plant in the city of Lancaster and purchases a second location in the city that will become a large-scale battery production center.
• Major Maumelle Industrial absorption by Leisure Arts taking 200,000 SF in LR Logistics Center.
• Occupancy firms up at all top tier shopping centers in
• Kinkisharyo International announced plans to utilize the
market.
former B1B bomber plant, Site 9, in Palmdale to fulfill an $890 million contract to build as many as 235 light rail cars for the Los Angeles County Metropolitan Transportation Authority.
• New entries and expansions by popular eateries: Twin Peaks, Chuhy’s, Big Orange, On The Border, Chipotle and Slim Chickens.
• “Mann on Main” and “Arcade” Mixed-Use projects open in
• Aerospace fastener manufacturer, Morton Manufacturing,
downtown.
is in the final stages of construction for its new 80,000 SF corporate headquarters in the city of Lancaster and is predicted to bring 300 jobs to the area.
• Kiplinger ranks Little Rock #1 on its “10 Best Places to Live” in 2013.
• Innovative Coatings Technology Corporation (INCOTEC), a
global leader in coatings technology, announced plans to move their headquarters to the City of Lancaster. Having outgrown their current facility in Mojave, INCOTEC plans on expanding their manufacturing capacity to the new Lancaster headquarters, adding 50 new hires in the process.
OFFICE
retail
industrial
multy-family
OFFICE
retail
industrial
multy-family
Vacancy
p
n
q
q
Vacancy
q
q
q
N/A
Absorption
q
q
n
p
Absorption
p
p
p
N/A
Rental Rates
q
p
p
p
Rental Rates
n
n
n
N/A
CONTACT
CONTACT
Coldwell Banker Commercial Hathaway Group
2100 Riverdale Rd. Suite 100 P.O Box 3730 LIttle Rock, AR 72202 (501) 663-5400
www.hathawaygroup.com
Coldwell Banker Commercial Valley Realty
6
42402 10th St. West Suite E Lancaster, CA 93534 (661) 945-2524
www.cbcvalleyrealty.com