AABP EP Awards 728x90

Real Estate and Development

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NOTABLE TRANSACTIONS: Out-of-state group buys Urbandale retirement, care center

An out-of-state entity has purchased property in Urbandale occupied by the Deerfield Retirement Community, Polk County real estate records show.

IRC III LLC, located in Omaha, paid Deerfield Retirement Community $19 million for the property located …

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NOTEBOOK: How Johnston’s new City Hall ties to the city’s past

Before designs for Johnston’s new City Hall were prepared, architects at OPN Architects researched the history of the community that is located northwest of Des Moines.

They learned the area had deep ties to rail …

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Council hears street improvement proposals for southwest D.M.

Among the street improvements proposed by a consultant is the installation of a roundabout at Park Avenue and George Flagg Parkway.

Plans to redevelop 140 acres south and west of Gray’s Lake include proposals for…
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Iowa clears backlog of renters waiting on aid to avoid eviction

Des Moines Register: Eight months after Congress first approved emergency pandemic assistance for people in danger of losing their homes, the Iowa Finance Authority has cleared a backlog of applications from Iowa renters and landlords seeking …

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ICREA August breakfast meeting

The Iowa Commercial Real Estate Association meets at 7:15 a.m. Thursday at the Des Moines Golf and Country Club, 1600 Jordan Creek Parkway in West Des Moines. Karen Marren, West Des Moines’ city planner, and …

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Opus Group starts construction on new industrial building in Ankeny

Construction has started on a 277,930-square-foot build-to-suit industrial facility that will be occupied by Brown Warehouse Co., Opus Group announced. 

The building is the fourth built by Opus in Ankeny. The Minneapolis-based commercial real estate …

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Details released for new south Des Moines health club facility

The Genesis Health Club, proposed in space previously occupied by a department store at Southridge Mall, will include basketball courts, workout areas and lap pool. Rendering by Hanney & Associates Architects

 

The roof will be …

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NOTABLE TRANSACTIONS: Bici Flats apartment complex sold to out-of-state investors

Bici Flats, a three-building apartment complex developed by Nelson Construction & Development between 2016 and 2017, has been sold to out-of-state investors for $22.5 million, Polk County real estate records show.

The complex includes 152 …

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Former Des Moines printing facility is sold for $26.2 million

Property in southwest Des Moines that includes a structure that once housed Meredith Corp. and R.R. Donnelley’s printing facilities has been purchased by a group of mostly out-of-state investors, Polk County real estate records show.…
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Transload facility will benefit ‘everyday consumers’

In late May, an explosion occurred at a steel plant in Pueblo, Colo., causing the facility to be shut down.


The effects of the closure of the plant that makes tracks for railways was felt …