1. FLAKE & KELLEY
COMMERCIAL
1

2. Flake & Kelley Commercial
To provide quality commercial real estate
services to our clients. Through targeted
marketing and relationship building with our
clients, we can provide these services for a
profit and allow professional growth of our
associates.
2

3. Flake & Kelley Commercial
•Property & Facilities management
•Tenant Representation
•Development Management
•Investment Sales
•Build-to-Suit Opportunity
•Consulting & Advisory Services
•Accounting Services
3

4. Flake & Kelley Commercial
ChainLinks Retail Advisors

Accredited Management Organization (AMO) through

the Institute of Real Estate Management (IREM)
since 1992
Member, Institute of Real Estate Management

(IREM)
Member, Building Owners and Managers Association

(BOMA)
4

5. Flake & Kelley Commercial
Total square footage managed: 4,406,336
2,136,056 square feet of office space
498,484 square feet of medical office space
779,578 square feet of retail space
992,218 square feet of warehouse/storage space
Average length of management: 8.7 years
Flake & Kelley manages 20% of downtown office space, 24%
of suburban office space and 8.5% of community and/or
neighborhood retail space in the Little Rock market.
5

6. Flake & Kelley Commercial
Over the past five years, Flake & Kelley Commercial has had:
103 Total Tenant Representation Transactions
• 53 Retail
250,000 Square Feet
• 50 Office
430,000 Square Feet
Some primary Tenant Representation Brokerage clients include:
Panera Bread Regency Beauty College
AT&T Borders Books
Fellowship Bible Church Relax the Back
TJ Max Tyson Foods
6

7. Having recently received the TJ Maxx account from
our ChainLinks affiliate, The Shopping Center Group
of Florida, we have reintroduced the state and are
currently working on a deal in the Russellville, AR
area. We have also shown several other new
markets to TJ Maxx. Our goal is to assist TJ in
accomplishing their goals of one store a year in the
Arkansas market.
7

8. An account we have opened to the state thanks
to Pace Properties, Panera will open four stores
in 2008 and a projected two stores for 2009.
Our hard work and market knowledge continue
to help them with their proliferation throughout
the state of Arkansas.
8

9. The largest cellular carrier in the world has
chosen Flake & Kelley to represent them
throughout the state of Arkansas. We have
completed over ten representation jobs for
AT&T in various markets, both small and large.
Their aggressive pursuit is complimented by
our knowledge and expertise to place AT&T in
the perfect retail real estate site.
9

10. Flake & Kelley Commercial
10

11. Leasing partner with 500,000 square feet retail development on 97
acres at Shackleford and I-430, Little Rock. Anchor leasing complete
with JC Penney, Wal-Mart Supercenter, Haverty’s, Babies R US,
Cracker Barrel and a variety of small regional restaurants and retailers
that follow Wal-Mart and JC Penney’s. 80,000 square feet of in line
small to medium space under construction with different phases of
completion through 2008
11

12. 12

13. Breckenridge Village is a retail shopping center located in west Little Rock with
approximately 124,554-SF. Flake & Kelley is responsible for both managing
and leasing spaces in this center. For entertainment, Breckenridge Village
boasts the United Artist Breckenridge Village movie theater and the Looney bin
Comedy Club. For kids, you’ll find The Wonder Place and Gymboree.
13

14. Flake & Kelley Commercial is responsible for leasing space in this shopping
center. This property is located on the northeast corner of Markham and
Shackleford where both of these street experience high traffic volume
throughout the day. Anchors in this plaza include Kroger and Jason’s Deli.
14

15. Midtowne Little Rock is a different kind of shopping experience that specializes
in modern, upscale, classic retail. With over 125,850-SF, this is considered the
best new retail space in the mid-town area. Co-tenants include The Container
Store, Children’s Place, J.Jill, Chico’s, Williams Sonoma, Relax the Back,
Brighton, Bombay, Justice for Girls, Lewis & Clark, Jos. A Bank, Ann Taylor
Loft, Pottery Barn, Starbucks, Harold’s Francesca’s, Pei Wei and White
House/Black Market.
15

16. The Centre at Chenal is an office retail mix with a total size of 50,660-SF. This
center was constructed in 2000 and is located near the Chenal Country Club.
Co-Tenants include Koto, Xerox, Coffee Beanery and US Bank.
16

17. Our firm not only manages Chenal Corners, but we are also responsible for
leasing the property as well. Anchor tenants include NYPD Pizza and the
Cross-Eyed Pig Bar-B-Q. This property is a 12,000-SF center located off
Highway 10 with a traffic count of 18,000 vehicles per day
17

18. Flake & Kelley Commercial helped one of the largest evangelical
churches in Arkansas locate 50 acres at the old Shackleford Dairy
Farm in west Little Rock for their new home. The relocation
involved working with the city of Little Rock to re-zone and re-
work site plans to facilitate this transaction.
18

19. Flake & Kelley Commercial
1501 Westpark Comcast Building Nuvell
  
1601 Westpark Corporate One One Corporate Square
  
18 Corporate Hill Coresource Otter Creek Business Park
  
2120 Riverfront Deluxe Media Park Place
  
333 Executive Court Dollar General Procter & Gamble I
  
613/615 Main Street Durwood Plaza Procter & Gamble II
  
Acxiom Chenal Euronet Rock Street Lofts
  
Acxiom Riverdale Extra Closet Shackleford West
  
Baker Building Flake Wilkerson Springhill Medical
  
Baptist Memorial Goodyear Summit Plaza
  
Blandford Building Hot Springs Village Tarzana
  
Bowman Place Landers Corporate Two Financial Center
  
Breckenridge Professional Medical Towers I US Bank Building
  
Breckenridge Village Medical Towers II Village Shopping Center
  
Centre at Chenal Metropolitan Plaza Westchase Plaza
  
Centre at Ten Metropolitan Tower Westside Medical
  
Centremark Northwest Village West Little Rock Physicians
  
Center
Chenal Corners

19

20. Flake & Kelley Commercial
Metropolitan National Medical Towers II
 
Bank Tower
Blandford Physicians

ArkSys/Euronet Center

Headquarters
Arkansas Electric

Acxiom Plaza Cooperatives

Acxiom Chenal Beverly Headquarters
 
Procter & Gamble St. Edward Mercy
 
Medical Center
The Victory Building

Dailey Building

7 Shackleford West Conversion

20

21. Metropolitan Tower Dailey Building
Ark Systems Plaza
Beverly Enterprises
Chambers Bank
Chenal Office Park
7 Shackleford West
Riverdale Plaza
Arkansas Electric Co-Op
Euronet Worldwide
Procter & Gamble
21

22. Constructed in 1986 containing 750,000 SF, 40 stories. Entergy
Corporation was lead tenant along with several prominent Little Rock
companies. Building currently operates at 95% occupancy.
22

23. Conversion of the Dailey furniture building at 3rd and Rock Streets into
48 loft apartment units. Our firm represented an ownership group in
the acquisition of the building, design and remodeling of the facility and
the management to residential users.
23

24. Represented Little Rock Cardiology in their attempt to find new office headquarters
in vicinity of the Arkansas Heart Hospital. Acquired 8-acre tract, selling off the front
4-acres to a Lexus car dealership. Leasing, property management and
development of a 70,000-SF facility.
24

25. Assisted and represented Acxiom in the acquisition of a parcel forming a joint
venture to jointly own the property with the principals of Flake & Kelley. Acxiom
leased the facility from day one with 100% occupancy. Our firm represented the
development, leasing and property management to see that the property has
performed as scheduled.
25

26. Corporate headquarters for executive team of the Acxiom Corporation. Our
assignment was to acquire a site and develop a building with the corporation
headquarters in mind leading the tenant mix with outside tenants containing
approximately 50% of the space. Our firm was development agent, leasing agent
and property management agent.
26

27. 27

28. Worked with Euronet to relocate them from the ArkSystems Plaza and resizing
their space need to recreate the optimum utilization of their space in a three-story
facility. The buiding was occupied with one-third outside tenants and two-thirds by
Euronet. This facility was built in 2002 with a recent refinance of the building.
28

29. West Little Rock, Arkansas. We assisted ARKSys Corporation in the site selection for land
and development of 450,000-SF office and retail park which they occupied 80,000-SF. This
facility was built in 1995. Our firm was involved in the design and build phase of the project
coordinating the architect and contractors and in addition leasing out the balance of the
building to third-party tenants. Our firm has retained the property management and leasing of
this property since and has refinanced the property since the original project.
29

30. Our company was retained to do a site analysis evaluation and feasibility study with making a
corporate headquarters at this location versus other locations in the community. We worked
directly with the board of Arkansas Electric Co-Op executive director to determine that the
existing site would handle a major improvement for the corporate headquarters facility and
then handled construction administration and offsite location necessary in order to
accommodate transition into this facility.
30

31. Flake & Kelley Commercial
The Centre at Ten is a 118,000-SF mixed use office
and retail project situated on 10.5 acres in west Little
Rock. Our firm assembled the ownership, picked the
site, oversaw construction administration, and
currently handles leasing and property management.
The occupancy rate is 90% with only small office
spaces available.
31

32. Development of 82 acres at the northwest corner of Colonel Glenn and I-430,
Little Rock for primarily retail with minor office uses. Acquisition of
property completed, financing in place, anchor searches in progress.
Activity on out parcels and small parcels is extensive. Site work
anticipated to start in August 2007.
32