Archive for January, 2011

outlier noun 1: Something that is situated away from or classed differently from a main or related body. 2: a statistical observation that is markedly different in value from the others of the sample.

I am reading the book, Outliers, by Malcolm Gladwell. He begins the book by discussing the Roseto mystery. Roseto is the name of a small community in the Italian province of Foggia. You can click here for some in-depth information about the Roseto Effect I found online.  To summarize, Roseto is a small community in Pennsylvania that was discovered to be an “outlier” by a physician named Stewart Wolf. He was an expert in the 1950’s on heart disease, which was the leading cause of death for men under the age of 65. He was in Roseto speaking at a medical conference when he discovered from their local doctor that, unlike the rest of the country, heart disease here was an extremely rare diagnosis. Intrigued by this, Wolf executed an extensive, in-depth study and found out that NO ONE under the age of 55 had died of a heart attack or even showed any signs of heart disease. His conclusion was that “for men over age 65, the death rate from heart disease in Roseto was roughly half that of the United States as a whole. The death rate from all causes in Roseto, in fact, was 30 to 35 percent lower than expected.”

I could write for a long time to tell you how he confirmed it, but it had nothing to do with climate, eating habits, or any other physical factors. A sociologist from Oklahoma came in behind  him named John Bruhm. After spending a long time in Roseto with studies of his own, he wrote, “There was no suicide, no alcoholism, no drug addiction, and very little crime. They didn’t have anyone on welfare. Then we looked at peptic ulcers. they didn’t have any of those either. These people were dying of old age. That’s it.”

Both men studying the community came up with the same conclusion. The people of Roseto were socially connected with one another. They looked after one another. They worked hard, ate unhealthy, and smoked like freight trains. On Sundays, almost everyone was in church. After work, the homes’ front porches were filled with friends and family socializing after work.

I believe Jonesboro is unique in its own way. In my profession of helping people invest in real estate, businesses, etc. I get to meet numerous people who are moving into Jonesboro from another area. I have known people who only intended to come to Jonesboro temporarily, but still reside here and call Jonesboro their “home”.  They have made connections with individuals, organizations, and the community as a whole that hold immense value unmatched by others.  I believe this speaks volumes; whether it be friendships, organizations, churches, schools, or even employers, Jonesboro is a great place to live and raise a family.

I attended Central Baptist Church this morning, and Bro. Archie preached about how partiality and prejudices is inconsistent with the grace, nature, and word of God. My notes can be found here. This is a huge concept to grasp. We should befriend strangers who do not look like us, dress like us, and has no benefit to us?  God commands us to love others more than ourselves, and to put others interest before our own.  This is a foreign concept in a generation that teaches us to do the exact opposite.  However, I’m convinced that if we begin to put this command into action, we would see a huge transformation not only in the lives of those around us, but also ourselves.  If we, as a community, could master how to love our neighbor the way Jesus tells us to, we could turn Jonesboro into an OUTLIER of its own.

It is a large part of my job duty to “sell” our city to restaurants, retailers, manufacturers, and other people looking to invest in our city. However, it isn’t hard to sell something that you believe so strongly in.  I am proud to be from a city that speaks for itself – I have never visited a city with better churches, schools, employers, and neighborhoods. JHB

Source: Malcolm Gladwell | |2008 | Outliers: Story of Success | Little, Brown, and Company

Joshua Brown, CCIM | Jonesboro | Arkansas | Haag Brown Commercial

870 336 8000 | josh@haagbrown.com | www.haagbrown.com

We are pleased to announce the Haag Brown Commercial logo has won an ADDY award! Thank you so much Magen! http://ow.ly/i/7AYh

http://ow.ly/i/7dBX This is the offering sign for the Fairgrounds Development… Offered by Haag Brown Commercial… New WEBSITE launching in 30 days!

I am grateful beyond what words can describe to our local, regional, and national clients who have helped play a role in making Haag Brown Commercial the leading commercial real estate company in Northeast Arkansas for December and for making me the top broker in our market for 2011. I was fortunate enough to accumulate a large amount of sales for the year with NAI Halsey and then blessed to have our new company, Haag Brown Commercial lead December’s report.

I want to congratulate my friend Eric Burch and his amazing team for leading the residential market with almost $20MM in total volume. Brooksie Hartness, David Howell, David Williams, Rick McKenzie, Jerry Halsey, Carroll Caldwell, Kevin Kercheval, and Marshall Ghant rounded out the top of the list of Realtors in our entire Northeast Arkansas Real Estate market. Every one of these individuals and their respective teams worked like crazy in a volatile market to help property owners in lots creative ways.

Everyone talks about Jonesboro being in a “bubble” and about our market being “immune” from the rest of the country’s economic crisis. I can tell you personally from several early mornings and late nights in the office that our economy would not be so immune without the extraordinary efforts by outstanding brokers in our local market.

Below are some of the deals I was blessed to play a part in last year…

RED LOBSTER! – Located on a 20 acre development on Stadium across from Zaxby’s after 30 years of rumors… Potentially opening mid April…

Longhorn’s Restaurant – Located on the same 20 acre development next to Red Lobster… Potentially opening early April…

Buffalo Wild Wings – Located on a site in Conway, Arkansas… Several more planned for 2011 and 2012…

Families Inc. Building on Stadium – Assisted in the disposition of their former building on Stadium Blvd… 9,000 square feet at the corner of Fox Meadow and Stadium…

Regional Furniture Company –  Assisted with a site location along Highway 49 South in Paragould…

HOTWIRED Car Audio – Assisted in the lease of a new location…

2920 Longview – This is the Winning Edge Building… Assisted with a State Lease…

Corner of Maple Grove and Highway 69 in Trumann – Assisted with the disposition from one investor to another…

2223 Spence – ATT Building on Caraway – I was able to work with and develop a relationship with a great broker in our local market in the disposition of this building…

1801 Stadium –  Assisted in the acquisition of this lot at the entrance of The Mall at Turtle Creek to an individual wanting to do a Greek Restaurant….

2811 Longview – The Bliss Building… helped in the disposition and acquisition of this beautiful building…

1801 Grant Street – I was able to work with one of the best brokers in not only Northeast Arkansas, (Fred Dacus) but probably in the state on the acquisition of this building behind Wal- Mart…

150 Acre Farm in Payneway – I was able to help an out of state client with a 1031 need to close on a nice rice farm in Poinsett County…

Arkansas Petroleum – I was able to assist in the sale of a company that was nearly 80 years old!

Commercial lot in Enterprise Cove – Was able to assist with the sell the last lot in this professional area of Windover…

Seattle Grind Cafe – Assisted in the site location and lease of their new location in the Metro Center on Stadium…

Wilcoxson’s Furniture – Assisted in the site location and lease of their new location in Stadium Crossings…

Trane – Assisted in the lease of their new location on Caprice Blvd.

Thank you!

Joshua H. Brown, CCIM
co-Owner | HaagBrown Commercial

tel  1+ 870 336 8000 | fax 1+ 888 561 4917
josh@haagbrown.com | www.haagbrown.com