There has been amazing growth and activity in the commercial real estate (CRE) market in Northwest Arkansas consistently over the past decade. In fact, according to data from Costar, in 2018 Northwest Arkansas experienced the highest commercial real estate sales transaction volume since the data tracking began. That said, for the first time in several years, there is talk of an upcoming correction or downturn in the national economy.
Should we expect the boom in our region to continue in 2019, or will some of the national economic and political changes affect the market’s velocity? There are several reasons to believe Northwest Arkansas commercial real estate will again see another banner year of sales, leases and new development.