Multi-tenant building is 100% leased to Baptist Health Medical Center and other top providers
May 13, 2026 – Denver, CO – The Laramar Group, a nationally recognized real estate investment and management firm, has completed the acquisition of the Kanis Medical Plaza, a four-story, 37,862-square-foot multi-tenant medical outpatient facility located in Little Rock, AR.
The property is located in a high-demand medical corridor at the intersection of Interstates 430 and 630 in the growing west Little Rock area, allowing for exceptional accessibility for patients and providers. The facility is also across the street from the 827-bed Baptist Health Medical Center, the largest hospital in the state of Arkansas, and near four additional hospitals including Arkansas Children’s, UAMA, Arkansas Heart Hospital and CHI St. Vincent.
“Karis Medical Plaza is a clinical-oriented facility that supports our focus on acquiring assets in hospital-adjacent locations with strong demand for community-based healthcare facilities,” said Ben Slad, Chief Investment Officer with Laramar. “The location, strong tenancy and alignment with the expanding needs of the Little Rock community create significant opportunities for long-term investment growth.”
Currently, the property is 100% occupied to notable tenants including Baptist Health, Ortho Sport and Spine, Arkansas Fertility and Gynecology, and Houk Rheumatology. The medical specialties at the property include OB/GYN, imaging, rheumatology and pain management.
This is the sixth property acquisition for the Laramar Medical Properties Fund II and the fourteenth medical acquisition in Laramar’s portfolio.
Little Rock is the capital of Arkansas and the MSA has a population of approximately 770,000. The metro is experiencing steady population and job growth, largely driven by in-migration to suburban areas and the presence of significant economic development projects. The medical office occupancy within a five-mile radius of the subject is currently 95%, which is slightly above the national average.
Little Rock was identified as one of the South’s fastest growing economies in an evaluation of neighboring state capital cities and peer regional markets. According to data from the Federal Reserve Bank of St. Louis, the Little Rock metro ranks second behind Nashville, TN in five-year gross domestic product (GDP) growth percentage when compared to cities such as Nashville, Kansas City, Birmingham, Memphis, Jackson (MS), Montgomery, Oklahoma City, Tulsa, and Baton Rouge.
Little Rock is supported by a mix of sectors including healthcare, banking, transportation, and retail. Companies such as Dillard’s and Windstream Holdings, Acxiom, Simmons Bank, Bank OZK, and large brokerage Stephens Inc. are headquartered in the city, and the University of Arkansas for Medical Sciences contributes to its healthcare industry and academic research
About The Laramar Group
Established in 1989, The Laramar Group is a national real estate investment firm specializing in multifamily properties, medical real estate, and real estate technology through discretionary funds and joint ventures. With investment and management expertise in over 50 U.S. markets, Laramar operates from corporate offices in Chicago and Denver. Since its founding, the company has owned and/or managed approximately 110,000 units. Laramar’s national platform provides asset and property management services, with experience in core, core-plus, and value-add strategies across urban, urban neighborhood, and suburban markets nationwide.
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