Crye-Leike Expands Little Rock Office

Crye-Leike of Arkansas Inc. is expanding it sales force in the Little Rock area and has moved its offices to 11719 Hinson Road.

Johnny McKay, managing broker, said the additional 5,700 SF of leased office space will provide room for growth and expansion of its sales force to 45 sales associates.

Crye-Leike will keep its office at 1130 Financial Centre Parkway to serve as a regional headquarters, housing facilities for agent training and administrative offices for accounting, marketing and relocation corporate staff.

Crye-Leike of Arkansas posted record fourth-quarter sales of $25.8 million in 2002, representing a 114.7 percent increase over same-quarter results in the previous year. Its 244 real estate property sales in the fourth quarter of 2002 represent a 102 percent increase over comparable quarterly results a year prior.

Crye-Leike has 127 sales associates in Craighead, Crittenden, Faulkner, Garland, Mississippi and Pulaski counties.

Companywide in 2002, Memphis-based Crye-Leike posted sales of $3.17 billion and 22,198 closed transaction sides.