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Real Estate and Development

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Iowa home sales up 8% compared with a year ago

More single-family houses and townhomes were sold in Iowa during the first three months of 2020 compared with a year ago, new data released from the Iowa Association of Realtors shows. Specifically, 7,428 houses and …

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NOTABLE TRANSACTIONS South-side church buys former grocery store building

Living Water Fellowship paid Fareway Stores Inc. $1 million for property at 3000 S.E. 22nd St., Des Moines, Polk County real estate records show. 

The 22,538-square-foot building, constructed in 1997, had been used as a …

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PROJECT UPDATE: Construction of Amazon fulfillment center on track

A view of the north side of the Amazon fulfillment center under construction in Bondurant. Photo by Kathy A. Bolten

 

WHAT: Amazon fulfillment center

WHERE: 500 32nd St. S.W., east of U.S. Highway 65 in Bondurant

PROJECT …

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Site plan for orthodontist office in Waukee approved

The final plat for a 3.6-acre commercial development on the northwest corner of Southeast L.A. Grant and Westown parkways was approved this week by the Waukee City Council. The plat includes four lots that will …

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Number of residential building permits issued in first quarter up 41% from 2019

Nineteen Central Iowa communities have issued 636 building permits for single-family houses and townhomes during the first quarter of 2020, data collected by the Home Builders Association of Des Moines shows.

The number of permits …

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Banking group plans new building in Urbandale

A two-story, 60,000-square-foot office building is planned at 8901 Northpark Drive in Urbandale. Total project costs are estimated at $19.6 million. Architectural rendering by OPN Architects

The Iowa Bankers Association and its affiliate Iowa Bankers Insurance and Services Inc. …

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2020 Office Trends to Watch

Office activity occurring in second-generation space
By Justin Lossner
Managing Director | JLL

In 2019 a significant amount of the office activity occurred in second-generation, Class B/A- space, located in the western suburbs. Most active …

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2020 Land Trends to Watch

Remember, it’s a cycle
By Jeni Cooper
Vice President of Commercial Real Estate
Bankers Trust Co.

Watching our commercial real estate clients succeed during the rebound post-2008 has been fantastic. Low cap rates and even …

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2020 Industrial Trends to Watch

Outdoor storage restrictions tightening
By Jake Anderson
Grimes City Administrator

Transportation corridors that are beneficial for distribution will be increasingly viewed as gateways to communities. In turn, outdoor storage restrictions will continue to tighten, making …

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2020 Residential Trends to Watch

The case for housing that is affordable
By Karie Ramsey
CEO | Kading Properties LLC

Will metro Des Moines sustain its recent growth and vitality for the next 20 years? Not without more attainable housing …