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NOTABLE TRANSACTIONS: Illinois group acquires downtown Des Moines apartment property

An Illinois entity has acquired property at 915 Mulberry St. in downtown Des Moines that includes the Maxwell Apartments (photo below), a five-story multifamily building whose construction was completed in 2017, Polk County real estate records …
By BPC Staff | Nov 1, 2022
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BREAKING: Details unveiled for $600 million development in West Des Moines

The centerpiece of the proposed Grand Experience development is a 220,000-square-foot facility with an indoor water park, family entertainment center, hotel and business conference center. The facility is planned north of the MidAmerican Engery Company …
By KATHY A. BOLTEN | Nov 1, 2022
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Polk County Public Health Department names new communications officer

The Polk County Public Health Department has hired Madisun VanGundy as its new public health communications officer. She replaces Nola Aigner Davis, who is now the communications manager for the city of Des Moines. VanGundy currently …
By BUSINESS RECORD STAFF | Nov 1, 2022
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Survey shows slowing in manufacturing job growth, declining confidence as Iowa economy slows

Iowa’s economy slowed in October as growth in manufacturing jobs declined, according to a monthly survey of supply chain managers.

Creighton University’s MidAmerican Business Conditions Index released today shows that Iowa’s index score fell to …
By MICHAEL CRUMB | Nov 1, 2022
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CBRE acquires affiliate Hubbell Commercial

CBRE Group Inc. has acquired the CBRE|Hubbell Commercial brokerage division of Hubbell Realty Co., the companies announced today.

Hubbell Commercial, which has a team of 38 brokers and support professionals, has been CBRE’s Central Iowa …
By BUSINESS RECORD STAFF | Nov 1, 2022
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Nominations open for 1000 Friends of Iowa’s Best Development Awards

1000 Friends of Iowa, a statewide nonprofit organization promoting responsible land use and sustainability, has opened the nomination period for its Best Development Awards Program. According to a news release, the program recognizes projects and …
By BPC Staff | Nov 1, 2022
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ONE GOOD READ: Smaller candy sizes may leave you howling this Halloween

Here’s a big BOO this Halloween. Not to scare you, but if you haven’t noticed, the Halloween candy you’re handing out (or receiving) this year is getting smaller. In this story from the Washington Post, we …
By BPC Staff | Oct 31, 2022
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DART names new COO

Brandon Smiley has been named the new chief operating officer at the Des Moines Area Regional Transit Authority. Smart fills the position that opened when Amanda Wanke left to become director of marketing and public …
By BPC Staff | Oct 31, 2022
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Holmes Murphy Foundation contributes $100K to nonprofits

Holmes Murphy announced it has contributed $100,000 to 27 nonprofit organizations across the country, including seven in Iowa, through the Holmes Murphy Foundation Community Footprints Program. The program allows employees to select 501(c)(3) or nonprofit organizations …
By BPC Staff | Oct 31, 2022
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ONE GOOD READ: Meet me downtown

BY EMILY KESTEL: The New York Times published last week a dynamic photo story that features dispatches from 10 cities across the country, highlighting the pandemic’s effects on downtown areas. The story’s introduction reads, “While some downtown …
By BPC Staff | Oct 31, 2022