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NOTABLE TRANSACTIONS: Minnesota auto parts group buys 3 acres in Des Moines

Elmar Commercial Properties LLC, located in in Eagan, Minn., paid Andrew and Ruth Holt $695,000 for property at 1644 Mattern Ave. in east Des Moines, Polk County real estate records show. The property includes 3 acres of vacant …

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NOTABLE TRANSACTIONS: Indiana auto dealership buys land in Prairie Crossing in Altoona

An Indiana-based automotive group is moving closer to opening a Honda dealership in Altoona on a site that will be visible from Interstate Highway 80.

The business would be Altoona’s first new-car dealership. 

HOA RE…
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Chase Bank eyeing new bank facility on Mills Civic Parkway in WDM

Chase Bank is considering constructing a bank building on the north side of Mills Civic Parkway adjacent to Red Robin Gourmet Burgers and Brew, West Des Moines elected officials learned recently. (See map.) The site will not …

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RDG honored as bicycle-friendly business

RDG Planning and Design, with offices in Des Moines, Iowa City, Dubuque and four other cities, was recently named a Platinum Bicycle Friendly Business by the League of American Bicyclists, according to a release. RDG previously …

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Report: Metro-area industrial vacancy rate at 3.6%

Just 3.6% of the Des Moines area’s industrial and warehouse space is vacant as more than 1.4 million square feet was absorbed in 2021, according to CBRE|Hubbell Commercial’s 2021 fourth-quarter industrial market report.

A year …

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INSIDER NOTEBOOK: USL official: Soccer attracts young people to metro areas

A rendering of the planned Pro Iowa Stadium and Global Plaza that will be located at 200 S.W. 16th St. in Des Moines. Architectural rendering special to the Business Record

Much fanfare occurred last week around …

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Des Moines wins $175,000 grant to continue Polk County Produce Prescription Program

The U.S. Conference of Mayors and the American Beverage Foundation for a Healthy America recently announced that the city of Des Moines was one of nine recipients of the 2022 Childhood Obesity Prevention and Environmental Health …

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First Interstate BancSystem, Great Western Bancorp complete merger

First Interstate BancSystem Inc., the parent company of First Interstate Bank, announced that effective today, it has completed its previously announced merger with Great Western Bancorp Inc., the parent company of Great Western Bank. The combined holding company will …

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Sagging growth in employment and job orders, slumping confidence slow Iowa’s economy in January

Iowa’s economy slowed in January behind slumping employment and job orders, according to a monthly survey of supply chain managers released today.

According to Creighton University’s Mid-American Business Conditions Index, Iowa’s index declined to 56.7 …

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NOTEBOOK – ONE GOOD READ: This startup is turning nonrecyclable plastic into building blocks fit for construction

Although sustainability has entered the minds of more consumers, the end of single-use plastics in the U.S. is still likely years away. This article from Fast Company reports that only 9% of the 42 million tons of …