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Real Estate and Development

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West Des Moines fire ruled arson; juvenile charged

West Des Moines firefighters worked several hours on Nov. 2 and Nov. 3 to put out a fire at a vacant office building at 1247 Eighth St. The fire was ruled arson. Photo by Emily Blobaum…

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From department store to multiuse arena

2018 was brutal to Merle Hay Mall.  


Within a 47-day span, the northwest Des Moines regional shopping center lost its two longtime anchor tenants: Younkers in late August of 2018; Sears in mid-October. Both were …

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Iowa farmland values up nearly 2%

Des Moines Register: Iowa farmland values climbed nearly 2% this year, despite the COVID-19 pandemic that disrupted demand for the state’s farm goods and a hurricane-force derecho that damaged millions of acres of corn and soybeans. …

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D.M. residential real estate market tapped as one of the top in U.S.

The Des Moines-West Des Moines residential real estate market has been named one of the National Association of Realtors’ top 10 markets and one that is expected to continue to perform well in 2021, according …

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Architectural billings decline in November

Architecture firm billing activity continues to slow, a new report from the American Institute of Architects shows. The pace of decline during November accelerated from October, posting an Architecture Billings Index score of 46.3, down …

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NOTABLE TRANSACTIONS: Credit union buys ground in Waukee

Dubuque-based Dupaco Credit Union has bought  property in Waukee for a new branch. Architectural rendering by FEH Design

 

Dupaco Community Credit Union paid Hurd Waukee 2 LLC $1.3 million for property at 1090 E. Hickman Road …

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Newton takes first step in applying for Iowa Reinvestment Act aid

The Newton City Council has approved a resolution authorizing the city’s application for a grant through the Iowa Reinvestment Act.

The program, overseen by Iowa Economic Development, allows cities to create special districts where money …

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$5.9 million warehouse addition planned for Des Moines business

Electro Management Corp. and Electrical Power Products Inc. (doing business as EP2) plan to add a 60,000-square-foot warehouse addition to their production and office facility at 4240 Army Post Road in Des Moines, according to …

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Large warehouse development planned in Altoona

A Kansas City-area company plans to develop up to 1.24 million square feet of warehouse space on about 80 acres of farm ground in Altoona north of Interstate Highway 80, according to city documents.

The …

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Merle Hay Mall owners say they are negotiating with national tenant to anchor new strip center

Merle Hay Mall officials are in negotiations with a national tenant who would anchor a retail strip center proposed on the current site of a building that once housed Sears, the officials said this week during a…