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Real Estate and Development

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Des Moines-area home building continues slowdown

 

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Garst land brings family millions, even with sale tied to conservation easements

Des Moines Register: An Iowa family known for hosting late Soviet leader Nikita Khrushchev on their farm during the Cold War, and for their land stewardship, fetched a hefty $19.3 million for 2,000 acres sold at …

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Construction starts on wide range of projects in Des Moines area

Construction has begun on a 21,800-square-foot office/warehouse in an area zoned for light industrial in Pleasant Hill, a review of the city’s commercial building permits shows.

The permit, valued at $3.8 million, was among 52 …

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Project515 panelists discuss Des Moines-area office market

Vacancy rates for office space in Des Moines’ central business district rose to 17.6% in the second quarter of 2021 and to 14.7% in surrounding suburbs, according to data from CBRE|Hubbell.

Overall, office vacancy rates …

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Construction of $30 million senior housing project set to begin

Construction is expected to begin this summer on a 130-unit, 180,000-square-foot independent living retirement complex that will be located at 850 S. 60th St. in West Des Moines. Resort Life Communities, headquartered in Lincoln, Neb. …

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CREW Iowa annual panel discussion: Mind Games

WHAT: Siobhan Harman, vice president of Cushman & Wakefield Iowa Commercial Advisors, will moderate a discussion focused on the mind games affecting mental health.

WHEN: 11:30 a.m., Sept. 14

WHERE: Ron Pearson Center, 5820 Westown Parkway, West Des …

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NOTABLE TRANSACTIONS: South Dakota entity pays $31 million for W.D.M. retail center

A retail shopping center near Jordan Creek Town Center in West Des Moines has been sold to an out-of-state company, Dallas County real estate records show. 

SJ Terveen LLC, located in Sioux Falls, S.D., paid entities …

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Subway owner sues Blackbird over blown construction deadline for downtown tower

Des Moines Register: A Subway franchise owner is suing Blackbird Investments for failing to provide promised rental space for the restaurant in a planned high-rise tower in downtown Des Moines. Sandhu Group of Companies Inc. filed …

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VIDEO: Project515 – Office real estate outlook

Technology and new workplace cultures were reshaping the development of office space long before the coronavirus pandemic. But then remote working completely shook up the ways businesses are using – or not using – office space. In this discussion, …

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NOTEBOOK – ONE GOOD READ: Bidding wars pushing rents higher as some would-be buyers are priced out of home market

As the housing market heats up, bidding wars, usually reserved for buyers vying for prime real estate, are now popping up in the rental home market. According to CNBC, demand for apartments and single-family rental is …