Posts by pherteen
NOTABLE TRANSACTIONS: Casey’s acquires 2 parcels in Des Moines-area suburbs
Casey’s General Stores has acquired two parcels in the Des Moines area, real estate records show.
The convenience store, headquartered in Ankeny, paid David and Paula Sadler $902,000 for property at 885 88th St. in West …
Read MoreCrossroads Mall site in Waterloo to be redeveloped into mixed-use destination, leaders say
The site of the tired looking, nearly vacant Crossroads Mall in Waterloo will be redeveloped into a mixed-use district that features residential, retail, restaurants and other amenities, the developer behind the project said.
The 800,000 …
Read MoreThe ‘new’ Carpenter Building
The civil engineering firm Foth is settling into its new space in the recently restored Carpenter Building at 106 S.W. Seventh St. They are one of six tenants who call the former paper company building …
Read MoreMeet Alanah Mitchell, Drake’s business college dean
Alanah Mitchell studied computer information systems and marketing at Simpson College but was unsure how to use the majors after graduation.
A guest speaker at the Indianola college shared his experience in pursuing a master’s …
Read MoreBusiness Record 9-5-25
NOTABLE TRANSACTIONS: JBS acquires production facility property in Ankeny for $40 million
Food processing giant JBS USA acquired an idled food production facility in Ankeny for $40 million, Polk County real estate records show.
The 12-acre site at 4150 S.E. Delaware Ave. had been owned by Hy-Vee Inc. subsidiary …
Read MoreCurtains up at the Ingersoll
By Kylie Petty
Editor’s note: This story was first published by dsm magazine on Aug. 26.
After a decade-long intermission, the lights are coming back on at the Ingersoll Dinner Theatre. With a simpler new …
Read MoreOccupancy rates in Des Moines area apartments slip under 93%
The percentage of occupied multifamily units in the Greater Des Moines area slipped to 92.9% in the first half of 2025, the lowest the rate has been since late 2020, a new CBRE market report …
Read MoreAmericana restaurant space to be converted to offices
The Americana restaurant in downtown Des Moines is preparing to close its doors this weekend, wrapping up a 14-year run in the building that was once home to a Chrysler car dealership.
As the restaurant, …
Read MoreCreating opportunity
The sale of the former Wells Fargo properties downtown earlier this month will be a catalyst for more development, enhancing the district’s walkability and help connect the Central Business District to growth that is happening …
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