David Erstine, SIOR, CCIM, is a Senior Vice President in CBRE’s Fayetteville office. With more than 24 years in commercial real estate
research and brokerage, he advises office tenants, industrial landlords and occupiers, and retail operators across Northwest Arkansas. Since
2014, David has closed more than 926 lease and sale transactions totaling over $1.09 billion in volume. David’s deep roots in Arkansas’ CRE
market, paired with CBRE’s national platform and network of strategic partners, allow him to deliver full-scope real estate solutions that go
well beyond the transaction itself. His command of local market dynamics and relationships with key service providers give clients a clearer
view into every stage of a project.
David leads a team that includes Hunter Groce, Alex Reed, Alex Schemel, and Zac White, offering expert leasing and tenant representation
guidance across office, industrial, and retail properties. He also brings more than two decades of retail brokerage expertise, focusing on
buyer site selection and acquisition, sale-leaseback structures, and development services for quick-service restaurant, retail, and financial
and professional services operators entering or expanding in Northwest Arkansas. Among his notable work, David has closed 24 site
selection and acquisition deals for Kum & Go, the Midwestern convenience store chain.
A Stuttgart native and University of Arkansas graduate, David has an intimate understanding of the region’s real estate rhythms. He began
his brokerage career at Irwin & Saviers, while co-owning a real estate market data firm that published a respected biannual market report
used by financial institutions and developers throughout Northwest Arkansas. He later joined Sage Partners before helping establish CBRE’s
first Arkansas office. Since then, David has drawn on his market expertise and brokerage skill to close high-profile sales and represent some
of the region’s most recognizable businesses and investors. He holds the SIOR designation, awarded to top-tier CRE professionals with a
proven transactional track record.
