Archive for January 2011
Knapp acquires retail investment property
William C. Knapp LC has acquired a West Des Moines retail property from New Millennium II LC for $4.75 million. Walgreen Co. holds a long-term lease on the 14,392-square-foot building at 1999 Grand Ave., which …
Read MoreSullivan leaves CBRE, joins Ruhl & Ruhl
Kevin Sullivan has joined NAI Ruhl & Ruhl Commercial Co. as a vice president. The 62-year-old commercial real estate broker, who focuses primarily on the sale and leasing of industrial properties, launched his career at …
Read MoreStewart promoted to properties director
Sherry Stewart has been promoted to executive director of properties at Iowa Health – Des Moines. Stewart, who will continue to be responsible for all Iowa Health – Des Moines construction and design projects, will …
Read MoreSigned Lease Transactions – Week of Jan. 3
Upper Iowa University has leased 26,250 square feet of office space at 5000 Westown Parkway in West Des Moines. The tenant was represented by UGL Services and Morey Knutsen of CB Richard Ellis/Hubbell Commercial. The …
Read MoreSubway chain shows fourth-quarter growth
The Subway restaurant chain has opened more than 500 restaurants encompassing about 600,000 square feet of retail space in the final months of 2010, National Real Estate Investor reported.
The Milford, Conn.-based company, which has …
Read MoreHealth-care reform supports increased demand for medical space
The Patient Protection and Affordable Care Act, which was passed into law during the first half of 2010, is expected to significantly increase demand for medical office space, GlobeSt.com reported.
The recent acquisition of a …
Read MoreAviva USA headquarters attains LEED Gold status
Aviva USA announced today that its new West Des Moines headquarters has been certified as a Leadership in Energy and Environmental Design (LEED) Gold building by the U.S. Green Building Council.
The eight-story, 360,000-square-foot structure …
Read MoreDecember job cuts fall 34 percent
The pace of layoffs slowed considerably in the last month of 2010, according to a new report released this morning.
After reaching a seven-year high in 2009, downsizing activity in 2010 fell to its lowest …
Read MoreMarsh & McLennan acquires RJF Agencies
Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., announced it has acquired RJF Agencies Inc., one of the largest independent insurance agencies in the upper Midwest. Founded in 1986, RJF …
Read MoreControl Installations acquires Automatic Door Group
Control Installations of Iowa Inc. (CI3), a 27-year-old building systems integration business, has acquired Automatic Door Group, CI3 President Wayne Hansen announced. The combined companies, both of which are located in Des Moines, will have …
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