Arkansas commercial real estate firm Colliers Arkansas has closed a deal to acquire Gehrki Commercial Real Estate in Hot Springs. The Little Rock-based company shared the details Monday (Jan. 8). Financial aspects were not disclosed.
Brian Gehrki founded the full-service brokerage and property management firm in 2003. As part of the deal, all three Gehrki employees will become Colliers staff and continue to work from their soon-to-be-re-branded Hot Springs office at 835 Central Ave., Suite 200.
Gehrki Commercial Real Estate’s active listings, transactions, developments and management properties will continue to be serviced by the Gehrki team but with additional support from Colliers and its resources.
“This transaction is a great opportunity for Colliers to provide its clients a wide range of commercial real estate services in central Arkansas,” said Colliers Arkansas President Isaac Smith. “The Hot Springs market is a key driver of the central and southern part of the state, and we are so fortunate to partner with the Gehrki team to expand our collective statewide reach.
“Brian and his team have been long-time friends and are a perfect fit with our team. They have built an incredible business and are extremely well-connected as well as prolific real estate practitioners. We look forward to many successes together in 2024 and beyond.”
“As Hot Springs and the surrounding area continue to grow, the combined companies as Colliers will ensure that Hot Springs maintains the highest level of commercial real estate services for many years to come,” Gehrki said.
Colliers Arkansas, which also has a full-service office in Rogers, now has 126 employees in the state. The firm is part of the global Colliers network of nearly 400 offices in 66 countries. As of 2023, Colliers Arkansas managed more than 20 million square feet of commercial space and completed lease and sale transactions worth a combined $786 million.
