Archive for March 2011
CRE fundamentals improving, unevenly
U.S. commercial real estate fundamentals are on the upswing, according to a new survey from Pricewaterhouse Coopers. The Nashville Business Journal reported that the advisory firm is looking for the performance of the office, retail, …
Read MoreGrubb & Ellis explores options for merger, sale
Grubb & Ellis Co. said in a regulatory filing that it has hired investment bank JMP Securities LLC to help the company consider strategic alternatives, including a sale or merger, Bloomberg reported.
The Santa Ana, …
Read MoreReport: Global construction to outpace GDP
Global construction will outpace the world’s economic growth over the next decade, according to a report released in March by Global Construction Perspectives Ltd. and Oxford Economics Ltd. Advisory firm PricewaterhouseCoopers sponsored the Global Construction …
Read MoreDealers association to build in Johnston
Iowa-Nebraska Equipment Dealers Association Inc. has acquired a 3.3-acre site in Johnston and plans to construct a 4,500-square-foot office building. Andrew Goodman, the trade association’s president, said construction is expected to begin on June 1 …
Read MoreSigned Lease Transactions (Week of March 23)
Mad Hat Ballroom has leased 2,520 square feet of retail space in Governor Square, 2700 University Ave. in West Des Moines. The tenant represented itself. The landlord, Governor Square LLC was represented by Jan Berg …
Read MoreThe economy is on the right track, Fed officials say
Two top Federal Reserve officials said Tuesday that the U.S. recovery is gaining traction, Reuters reported.
Cleveland Fed President Sandra Pianalto said she expects the recovery to continue at a moderate pace, with rising commodity …
Read MorePresidential hopefuls gearing up to spend
Want to run for president? Get ready to spend.
President Barack Obama raised $59 million for his presidential campaign during the first half of 2007. To match that, prospective Republican challengers to his re-election would …
Read MoreReport: Iowa lost manufacturing jobs in 2010
Industrial employment in Iowa decreased 1.4 percent in 2010, according to the 2011 Iowa Manufacturers Register.
Iowa lost 3,972 industrial jobs between January 2010 and January 2011, though that was much smaller than the nearly …
Read MoreBorrowing resource for students to be unveiled today
Iowa Student Loan and Gov. Terry Branstad are scheduled today to announce a new online resource to educate private student loan applicants about the implications of borrowing too much to pay for college.
The interactive …
Read MorePolk City joins with Bravo
Polk City has approved a 28E agreement with Bravo Greater Des Moines to become the 13th partner to provide funds to the organization.
Funding given to Bravo goes to support arts and cultural organizations in …
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