One of the main players in Arkansas' commercial real estate business topped a major milestone recently.
Colliers Arkansas, an affiliate of the global Colliers International Group In., now has 20 million square feet under management. Within that number are 2 million square feet managed in Northwest Arkansas, another milestone for the firm.
Denise Hanson, a company principal, executive vice president and director of property management for the firm, said the company managed approximately 19.3 million square feet at the end of 2021.
She said recent management contracts, including 4201 Shiloh Drive in Fayetteville, the 138,145-square-foot former Sears store in the Northwest Arkansas Mall, contributed to hitting the 20 million mark.
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