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NOTEBOOK – ONE GOOD READ: Amazon and its nationwide expansion

It’s likely that retail giant Amazon Inc. is expanding its footprint in Central Iowa with construction of a new $55 million warehouse in Bondurant. The development, called Project Omega, is less than a mile west of an …

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Ho-Chunk looks to build casinos in Nebraska as ballot measures easily pass

Sioux City Journal: As Nebraska voters solidly approved Las Vegas-style gambling at the state’s horse tracks Tuesday, Ho-Chunk Inc. prepared to spend $300 million to open casinos at tracks in South Sioux City, Omaha and Lincoln. …

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Cedar Rapids looks to hire manager for its tree replanting initiative

Cedar Rapids Gazette: Cedar Rapids will recruit a full-time employee to help turn over a new leaf on replenishing trees downed in the Aug. 10 derecho. The Cedar Rapids City Council approved a proposal Tuesday for …

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Investors, markets on edge as outcome of presidential election remains uncertain

The early uncertainty following Tuesday’s presidential election left investors and many in the business community waiting and watching as markets and treasury yields went through gyrations matched only by the sharp swings as ballots continued …

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W.D.M. landowner agrees to installing barriers to block proposed outdoor storage area from view of passers-by

A West Des Moines landowner this week agreed to more stringent development requirements on a portion of his property in an effort to move the project forward.

Ryan Wiederstein owns about 40 acres west of …

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ICREA award winners announced

The Iowa Commercial Real Estate Association recently announced its 2020 award winners. They include:

Deal of the Year– over $5 million: Marcus Pits, Justin Lossner and Austin Hedstrom, all of JLL Des Moines. The $38.2 million …

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NOTABLE TRANSACTIONS: Former Kmart property in Urbandale sold to out-of-state entity

The former Kmart site at 7501 Hickman Road as it appeared in 2018. Photo courtesy of Polk County assessor.

 

A California-based self-storage company has purchased the former Kmart property in Urbandale, Polk County real estate…
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Proposed settlement reached in 2018 UnityPoint Health data breaches

UnityPoint Health patients are receiving notification of preliminary approval of a proposed class action settlement reached by UnityPoint Health in September related to two data breaches that exposed patients’ health records and personal data in 2018. UnityPoint …

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Athene Q3 net income up, total growth ‘on pace to exceed $50B’ in 2020

Athene Holding Ltd. reported net income for the third quarter of $622 million, or $3.16 per common share, compared with $276 million, or $1.50 per share, for third quarter 2019. The increase was driven by higher adjusted …

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Proposed $33.5 million apartment project is for ‘active adults’

A proposed $33.5 million apartment project at 3801 Grand Ave. in Des Moines would include studio and one- to three-bedroom apartments. The project’s preliminary design was approved by the city’s Urban Design Review Board. Architectural rendering …