Press Release :: Starbucks Comes to Siloam Springs
Haag Brown is excited to announce that Starbucks is coming to a new development at the corner of Highway 412 and Simon Sager Road in Siloam Springs.
Haag Brown Development has expanded the iconic coffee brand across Arkansas. This will be the 5th Starbucks the company has brought to Northwest Arkansas in less than three years.
After over 18 months of work, the 1 acre development site, located between NorthWest Health Urgent Care and the RibCrib, was purchased by P & H Investments, LLC on Monday. Scott Hill of Hilltown Commercial Realty in Fayetteville, Arkansas represented the property’s seller, Cale Properties, LLLP, in the transaction.
“I don’t know that I’ve ever been so ready to get a project to the finish line. This one took as long as the last three Starbucks projects all together. I’m very thankful for a patient seller and seller’s broker who did more than he was expected to for longer than he was expected to.” – Joshua Brown | Haag Brown Development Principal
The new 6,000 square foot retail center will be part of the Wal-Mart and Lowe’s anchored Development. The project sits just south of the Siloam Springs Regional Hospital and has exposure to over 24,000 cars per day.
Starbucks will be occupying the center’s western most end-cap, which contains 2,000 square feet. The adjoining 4,000 square foot end-cap will be available for lease and can be divided into (2) 2,000 square foot spaces.
Principal Developers for Haag Brown Development, Joshua Brown and Greg Haag, worked alongside Daryl Peeples and Starbucks’ representative Hank Kelley, both of Flake and Kelley Commercial in Little Rock, Arkansas, to bring this project to fruition.
“We are thrilled to be developing another store for Starbucks in Northwest Arkansas and are thankful to Hank Kelley and Daryl Peeples for helping us along the way. We knew exactly where Starbucks would thrive in Siloam Springs so we are more than excited that this deal is complete.” – Greg Haag / Haag Brown Development Principal
Haag Brown Development has completed several projects in the Siloam Springs retail market, including the development of a 23,500 square foot FFO Home store and a free-standing AT&T.
Construction of the center is set to begin soon with an estimated Starbucks opening in the 3rd Quarter of 2019.
