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Posts by kbolten

Drop in architectural billings index sign of softening in nonresidential billings

By kbolten | May 8, 2024 | 0

The continued effects of inflation, supply chain issues and other economic challenges softened  architectural billings in the Midwest in April, according to the AIA/Deltek Architecture Billings Index. The index, released April 24, showed the index …

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Office vacancies increasing in Greater Des Moines area

By kbolten | May 8, 2024 | 0
downtown skyline

The percent of vacant office space in the Greater Des Moines area increased in the first quarter, prompting an increase in concessions to office tenants, market reports from CBRE Inc., JLL and Cushman & Wakefield …

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R&R Realty’s Crescent Building remodel checks boxes on valued amenities

By kbolten | May 8, 2024 | 0
Cresent building


Saying it brings high-level amenities under one roof and creates the new environment that employers are looking for to draw workers back to the office, R&R Realty Group is ready to show off the newly …

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Potential buyer eyeing former Spaghetti Works site

By kbolten | May 1, 2024 | 0
image 24

A new business could open in the former Spaghetti Works building on Court Avenue later this summer, the president of the Omaha, Neb.-based restaurant company said.

A new business could occupy the former Spaghetti Works…Read More

Panelists describe Central Iowa’s commercial real estate sector

By kbolten | May 1, 2024 | 0
The Business Record’s annual Commercial Real Estate Forum was held April 25 at the Hilton Des Moines Downtown hotel. Panelists and moderators included, from left: Chris Conetzkey, Business Publication Corp.’s group publisher; Jesse Bunney, director…Read More

Two hotel properties sold in Des Moines metro area

By kbolten | May 1, 2024 | 0
sold

Midwest IA Hotels LLC, located in Clive, paid Shree Laxmi Narayan Inc. $3.5 million for property at 1600 N.W. 114th St. in Clive, Polk County real estate records show. The hotel, which operates as a …

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Varsity Cinema buys building to expand programming, add screens

By kbolten | April 24, 2024 | 0
Varsity

The owner of Varsity Cinema has purchased an adjacent building previously owned by Drake University to expand programming — and possibly screens — in the future.

Ben Godar, executive director of Des Moines Film Society, …

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Residential properties sold in Polk, Dallas counties

By kbolten | April 17, 2024 | 0
sold

The Craig Faber Living Trust paid the Dorothy Thurston Revocable Trust $2.6 million for property at 733 Foster Drive in Des Moines, Polk County real estate records show. The 2.2-acre parcel includes a 5,012-square-foot two-story …

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CBRE names Ajay Kalra to lead West Des Moines office

By kbolten | April 17, 2024 | 0
Ajay Kalra
Ajay Kalra

Ajay Kalra has been named managing director and market leader for CBRE’s Iowa business, the real estate services and investment firm recently announced. In his new role, Kalra will lead CBRE’s office in …

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Architect: Two Rivers Park includes ‘all aspects of inclusive design’

By kbolten | April 17, 2024 | 0
Two rivers Park featured image

Designers of Two Rivers Park in downtown Des Moines worked closely with the Harkin Institute to ensure that it would be enjoyed by the entire community, architects told a city board this week.

Several wayfinding …

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