New data published in the latest Skyline Report shows the commercial vacancy rate is rising for Northwest Arkansas properties. The biannual report from Arvest Bank, in collaboration with the Center for Business and Economic Research at Sam M. Walton College of Business, showed the overall vacancy rate for leasable commercial space rose to 7.2% in the first half of 2025. That's its highest level since the second half of 2021. The overall vacancy rate in the second half of 2024 was 5.8%.