AABP EP Awards 728x90

Real Estate and Development

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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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WDM conduit project will move forward following lawsuit settlement

The City of West Des Moines will pay Mediacom $595,000 and allow the internet service to license parts of its conduit network, resolving a lawsuit filed more than one year ago, according to the settlement agreement reached …

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A Closer Look: Chad Quick

Chad Quick was drawn to community development through watching live broadcasts of city council and plan and zoning meetings. 


Quick, who grew up in Sheldahl, initially contemplated becoming an architect but eventually realized he instead …

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Agreement signed to bring pro soccer team to Des Moines

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

 

Efforts to bring professional soccer …

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NOTEBOOK – ONE GOOD READ: Covid-19 fuels best-ever commercial real-estate sales

Investors set a record for U.S. commercial-property sales in 2021, betting that the pandemic is reordering how Americans live, work and play, writes Peter Grant for the Wall Street Journal. Real estate buyers loaded up on …

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NOTABLE TRANSACTIONS: Hope K Farms buys 300-plus acres in northwest Ankeny

Hope K Farms has purchased 306 acres of mostly farm ground in the rapidly growing northwest section of Ankeny, Polk County real estate records show.

Hope K Farms is managed by Reza Kargarzadeh, who owns …