Food and beverage services company Nestl will be the lead tenant for a new four-story office and retail building under construction in Rogers Pinnacle Hills area called The Visionary. Project officials and city leaders gathered at 3800 S. J.B. Hunt Drive across from Topgolf for a ceremonial groundbreaking on May 7.

A limited liability company controlled by Hunt Ventures in Rogers, led by billionaire developer and philanthropist Johnelle Hunt, is the property owner (3.18 acres) and building owner. Cushman & Wakefield/Sage Partners in Rogers will be the buildings property manager and leasing agent. Regions Bank is financing the construction.

Tom Allen, president of Cushman & Wakefield/Sage Partners, said the building will have approximately 195,000 square feet of leasable space. He represented the property owner in the Nestle lease. Wade Smith and Rick Kingery with Colliers Arkansas represented Nestl.

Crossland Construction is the builder, Core Architects is the design firm and Crafton Tull is the civil engineer. The construction is tentatively planned to be completed by the summer of 2026.

Allen said that most of the buildings leasable space, just under 160,000 square feet, will be on the top two floors. Nestl is leasing most of the fourth floor and, as the lead tenant, will have exterior signage on the building faade. The fourth floor will also include a dog park that is exclusive to Nestl for its pet food division.

The first two floors will have some leasable space for office or retail use but will primarily be a parking garage with 330 spaces. A handful of parking spaces will also be available along South J.B. Hunt Drive.

Other building amenities for tenants include a pickleball court and a large conference center.

Originally posted here:
Construction begins on 4-story office building in Rogers' Pinnacle Hills area - talkbusiness.net

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May 27, 2024 at 2:39 am by Mr HomeBuilder
Category: Office Building Construction