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Real Estate and Development

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Mall owner: Turmoil swirling around Kohl’s won’t affect Merle Hay project

The building at Merle Hay Mall that housed the former Sears department store has been razed and grading of the site is completed. Construction of a new Kohl’s department store will begin soon. The current …

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Iowa State University Ivy College of Business commercial Real Estate Professional of the Year: Brad Schoenfelder

Brad Schoenfelder was named Ryan Cos. US Inc.’s vice president of development in 2008, the midpoint of a severe economic downturn.

 

Businesses halted new development and expansion plans during the Great Recession that lasted …

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Local agents: Potential tenants out looking for office space; some are signing leases

About 90% of the 14th through 25th floors of the Financial Center, 666 Walnut St., have been leased. A hotel is proposed for the first 13 floors of the building, which is being renovated. Rendering by …

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CRE forum panelists talk about supply chain issues

Seven people affiliated with the commercial real estate sector talked about supply chain-related issues during the Business Record’s annual Commercial Real Estate forum held on April 20.

The following are excerpts of the panelists’ comments:…

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United Real Estate Group, Platinum Realty merge

United Real Estate Group has merged with Platinum Realty, an independent residential brokerage with 13 offices in the Midwest including in West Des Moines. Platinum Realty was an early pioneer of the 100% commission model …

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Free webinar on tax incentives for residential builders

Eide Bailly, a national CPA and consulting firm with offices in Des Moines and Dubuque, offering a freem webiner about tax credits and incentives available to owners, investors and developers of residential properties. The seminar …

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Iowa Commercial Real Estate Association

Iowa Commercial Real Estate Association
WHAT: Monthly Iowa Commercial Real Estate Association breakfast meeting
WHEN: 7:15 a.m., Thursday, May 5
WHERE: Des Moines Golf & Country Club, 1600 Jordan Creek Parkway, West Des Moines
SPEAKER: Derek Lord, Ankeny’s economic …

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NOTABLE TRANSACTIONS: Land purchased in Ankeny for new sports complex

Land has been purchased in Ankeny that will be home to Prairie Trail Sports Complex, that when completed, will include more than 96,800 square feet of indoor athletic space spread over three buildings.

Fieldhouse at Prairie Trail …

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Merle Hay Mall redevelopment ‘catalytic project’ that will transform Douglas Avenue, officials say

The map above shows the proposed layout of a redevelopment of Merle Hay Mall. Kohl’s department store will occupy the space designated for an “anchor tenant.” The rendering below shows what the former Younkers space …

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Des Moines offers $150,000 incentive to speed up Ingersoll Avenue rebuild

Axios Des Moines: Des Moines is offering $150,000 to incentivize contractors reconstructing the Ingersoll Avenue streetscape to complete the project early, a spokesperson for the city manager’s office said. Crews started the nearly $5.3 million third …