New LR hub ready for Entegrity Energy
Entegrity Energy Partners LLC will soon move its corporate headquarters to 1403 E. Sixth St., part of the East Village development in downtown Little Rock.
Renovations on the property began in July and included 6,500 square feet of office space and an 8,000-square-foot warehouse. David Sargent of Little Rock's WER Architects/Planners designed the building's rebirth, which has been submitted for consideration on the National Register of Historic Places.
It is also being considered for LEED Platinum and Net Zero Energy Building certifications. LEED stands for Leadership in Energy and Environmental Design.
Sustainable Properties LLC purchased the building, which sits on 1.3 acres, for $450,000 in June. Architect Nolan Blass originally designed the building, and it was built in 1958.
Entegrity Energy Partners is an energy services company specializing in renewable energy and design-build energy conservation projects.
Cromwell Architects Engineers and Moses Tucker Real Estate are developing the area, which sits east of Interstate 30. Cromwell plans to move its headquarters into the two-story former Sterling Paint factory at Sixth and Shall streets.
Renovations on that project, which will include residential and retail space, are ongoing.
-- Chris Bahn
Car-Mart CEO nets $316,000 from sale
The CEO America's Car-Mart Inc. made $316,000 from a recent stock sale, according to a Monday filing with the Securities and Exchange Commission.
Hank Henderson, the chief executive of the Bentonville-based used-car dealer, exercised his option to acquire 10,000 shares at $11.90 each and sold an equal number of shares for $44.50 each. After the moves were complete, he had made $316,000.
After the purchase and the sale, Henderson still holds 76,984 shares of the company.
On Nov. 18, the company reported a profit of $5 million for the quarter that ended Oct. 31, compared with a loss of $495,000 for the same quarter a year ago. Revenue was up nearly 13 percent, to $150.2 million.
-- John Magsam
Index retreats 4.46 as 14 issues tumble
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, fell 4.46 to 356.83 Thursday.
Only three of the 18 issues on the index gained ground; ArcBest closed even on the day.
"Equities sold off sharply Thursday morning before staging an afternoon rally that recouped the majority of losses as commodity prices rose, partially attributable to dollar weakness," said Leon Lants, managing director at Stephens Inc. in Little Rock.
Total volume for the index was 16.1 million shares.
The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business on 01/13/2017