David Erstine

Senior Vice President

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Professional Experience

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Associated Office

Location

438 E Millsap Rd
Suite 103
Fayetteville, AR 72703

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As part of the CBRE network, David Erstine, SIOR, CCIM, assists clients with a wide range of services, including office leasing, tenant representation and buyer site selection and acquisition. His 20 years of experience allows him to provide unique perspective on current and past market conditions. David’s clients include multiple local, regional and national clients. Originally from Stuttgart, AR, he attended the University of Arkansas where he received a Bachelor of Science degree in Agricultural Business.

Education

  • Bachelor of Science Degree, Agricultural Business, University of Arkansas

Professional Affiliations & Accreditations

  • Society of Industrial & Office Realtors (SIOR) - 27 members in the State of Arkansas; 3,600 members globally
  • Certified Commercial Investment Member (CCIM) - NW Arkansas Chapter President
  • Recipient of the Northwest Arkansas Business Journal’s “40 Under 40” Award (2004)
  • Northwest Arkansas Big Brothers Big Sisters - Past Board Chair and Arkansas Big Brother of the Year (2008)
  • United Federal Credit Union – Former Director (2022)
  • Single Parent Scholarship Fund of NWA - Former Board Member & “Individual Support Award” (2019)
  • Leadership Arkansas and Leadership Fayetteville - Graduate
  • American Heart Association’s Paint the Town Red - Event Chair (2009)

Significant Transactions

Over the past 3+ years, David has completed over 285 transactions (Gross Consideration: $987,000,000+), working with some of the largest employers and real estate owners in Northwest Arkansas

2019

  • KMK Equity
    Land - Buyer Representation
    (±33 Acres)
  • McClelland Engineers
    Office - BTS 
  • KFSM/Tribune
    Office - BTS


2020

  • Car-Mart Portfolio
    18 Properties - Investment Sale
  • 1 & 5 W Mountain St
    Mixed-Use - Seller Representation
  • VA
    Office - Landlord Representation


2021

  • Redbird
    Office - Landlord Representation
    (90,000 SF)
  • Ball Metal Pack
    Industrial - Landlord Representation
  • Pace Industries
    Office - Seller Representation


2022 (YTD)

  • UL
    Industrial - Landlord Representation
  • KNWA
    Office - Tenant Representation
  • Campbell Soup
    Office - Tenant Representation 

Clients Represented

  • Smith Hurst
  • Kutak Rock, LLP
  • Kum & Go
  • Harp’s Grocery
  • Slim Chickens
  • The Buttered Biscuit
  • United Federal Credit Union
  • First National Bank
  • Arvest Bank
  • Fleeman Family
  • Single Parent Scholarship Fund of NWA