Monday, June 13, 2016

Acxiom looking to sell its downtown office tower

Posted By on Mon, Jun 13, 2016 at 12:42 PM

click to enlarge ax.jpg

Arkansas Business reports
that Acxiom is looking for a buyer for its 12-story downtown office building. Reason: It needs only a fraction of the space, maybe a floor worth.

Potential buyers unknown.

Too bad this wasn't known when the city embarked on spending more than $20 million in taxpayer money for just the start of building buying, demolition and remodeling — with far more grandiose ideas in the offing — for the vaunted Little Rock Tech Park.

Isn't Acxiom a tech company? Don't you reckon it's wired for data transmission?

An Acxiom spokesman said this about a need for less space:

“associates have become more mobile, for example, we need fewer ‘dedicated’ workspaces and more ‘as-needed’ workspaces, conference rooms, and collaboration zones.”
Another reason why I have a hard time understanding why the tech park geniuses in Little Rock have been more concerned with real estate than ideas and venture capital.

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