Posts by pherteen
What you need to know from the CRE Trends and Issues Forum
Downtown housing, conversion of vacant office space, adaptive reuse and challenges facing the commercial real estate market caused by tariffs, interest rates and uncertainty around changes in the state’s property tax structure.
Those were among …
Read MoreWhat’s the valuation of data center properties in Central Iowa? More than $3.75 billion, review shows
The total valuation of data center properties that are either fully developed or are in the process of being developed increased 5.1% in 2025 from 2024, a review of valuations in Polk, Dallas, Madison and …
Read MoreNOTABLE TRANSACTIONS: Hotel property in Des Moines sold for $2.7 million
MVP Hospitality Iowa Inc., located in West Des Moines, paid Adi Lakshmi Lodging Inc. $2.7 million for property at 4995 Merle Hay Road in Des Moines, Polk County real estate records show. The 1.8-acre parcel …
Read MoreBusiness Record 4-25-25
Cover Story: Jay Byers remembered for his kindness, passion for Simpson, Greater Des Moines
Read the issue
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Read MoreOffice Top Deals 2024
Pioneer Hi-Bred International Inc., based in Johnston, paid ARCP OFC Johnston IA Phase II LLC $30 million for property located at 8325 N.W. 62nd Ave. in Johnston. The 14-acre …
Read MoreRetail Top Deals 2024
Westwood Waukee LLC, based in Los Angeles, paid Downing Development WP LLC $10.4 million for property at 85 N.E. Carefree Lane in Waukee. The property includes a 33,431-square-foot neighborhood …
Read MoreIndustrial Top Deals 2024
Two limited liability companies and a trust acquired property at 2220 20th Ave. N.W. in Altoona. The buyers include I-80 Investors LLC, a Kansas limited liability company; AQEC Glo-Rae …
Read MoreLand Top Deals 2024
Microsoft Corp., headquartered in Redmond, Wash., paid Ronald and Debra Gebhardt over $21.4 million for 264 acres of farmland in Van Meter. The real estate transaction was one …
Read MoreResidential Top Deals 2024
Artisan Capital Group, in a partnership with Eastham Capital, acquired Cityville on 9th, a 312-unit multifamily development at 580 S.W. Ninth St. in Des Moines. Artisan Capital Group …
Read MoreBig Brothers Big Sisters of Central Iowa opens Youth Mentoring Center in renovated building
A 50-plus-year-old building in Des Moines now has more youth to it. Big Brothers Big Sisters of Central Iowa opened its new Youth Mentoring Center, located at 2130 Grand Ave., in November.
“As the Greater …
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