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Real Estate and Development

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Behind the scenes: It took four years, numerous meetings for developer Richard Hurd to land a Topgolf venue in WDM

Around 5 p.m. on Wednesday, June 22, Richard Hurd’s telephone rang.

The commercial real estate developer answered it. On the other end was a representative from Topgolf who informed Hurd the company wanted to locate …

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Ingersoll Dinner Theater building gets new life following sale

Axios Des Moines: The Ingersoll Dinner Theater is getting new life, thanks to a local developer who has purchased the property. The historic theater on Ingersoll Avenue has sat empty for nearly a decade and has …

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How much are houses selling for in Greater Des Moines? A lot, data shows

Soaring home prices and higher mortgage rates are making homebuying more expensive, prompting some lenders to offer financing tools that haven’t been in the market for several years.

In June, 1,682 residences were sold in …

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Creating connections to nature

When Craig Erickson and his team at Shive-Hattery Inc. began discussing concepts for a pedestrian bridge over the Raccoon River, they spent a lot of time talking about connections.


People’s connections to water. Their connections …

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Omaha-based long-term care provider pays $1.37M for Des Moines houses

Mosaic, an Omaha-based nonprofit long-term care provider for people with intellectual and developmental disabilities, has purchased six residential properties in Des Moines from Behavioral Technologies Corp., Polk County real estate records show.

Mosaic paid a …

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NOTABLE TRANSACTIONS: Hurd buys Altoona Hy-Vee plus 7 other of the grocer’s properties

Richard Hurd, founder and president of Hurd Real Estate Services, has purchased property in Altoona on which a Hy-Vee grocery store is located, Polk County real estate records show.

Hurd Altoona LLC, managed by Hurd, …

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JLL report: Des Moines-area office vacancy rate at 11.6%

The amount of vacant office space in the Greater Des Moines area was 11.6% in the second quarter, down from the first quarter when the vacancy rate was 15.8%, according to a second-quarter office market …

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The next Project515 is Aug. 25. Who should be on our office panel?

The Business Record is hosting its second Project515 virtual panel discussion of 2022 on Aug. 25 and we want your help in selecting panelists and compiling questions.

What’s Project515? It’s a series of real estate …

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Part 2: CRE pros offer tips on how to prepare for a recession

The Business Record recently reached out to the eight people who have been named CRE Professional of the Year and asked them to respond to questions related to economic downturns. Responses from three of the commercial …

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Todd & Sargent expands Canadian operation

Ames-based construction company Todd & Sargent Inc. has announced the expansion of its Canadian operation with the opening of an office in Winnipeg, Manitoba. According to a news release, the new office will serve as …