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Real Estate and Development

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Two Hubbell commercial brokers honored

Two CBRE|Hubbell Commercial brokers have been named Broker of the Year by CBRE, the company announced. Tyler Dingel, senior vice president, and Riley Hogan, first vice president, were named CBRE|Hubbell Commercial Brokers of the Year…
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Berg, veteran commerical real estate broker, dies

Jan Berg (pictured), who helped pave the way in the local commercial real estate business for women, died March 17 after a brief illness. 

She was 64.

“She was really generous with her time with…
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‘We had no choice’ but to consider other uses for downtown building, says its owner

The Financial Center at  207 Seventh St. in downtown Des Moines. Business Record file photo

 Mark Buleziuk had a decision to make last year after Wells Fargo announced it was moving out of the Financial Center: …

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Des Moines council approves preliminary financial package for Financial Center

The Des Moines City Council on Monday approved a preliminary financial package for the renovation of the 25-story Financial Center at 207 Seventh St. Plans call for 13 floors of the Financial Center to be converted to …

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$59.3 million renovation proposed for downtown’s Financial Center

A nearly $60 million renovation is proposed for the Financial Center, 207 Seventh St., in downtown Des Moines. Photo by Emily Blobaum

The Financial Center in downtown Des Moines would undergo a $59.3 million renovation that would …

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‘It’s business as usual,’ say real estate brokers

Business hasn’t slowed at Pennie Carroll & Associates, an Altoona-based residential real estate company.

On Sunday, an agent sold three houses. On Monday, Tuesday and Wednesday, a house was sold each day. Carroll has 16 …

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NOTABLE TRANSACTIONS: Parcels at former AIB campus sold, records show

The activities center (pictured) at the former AIB College of Business and 3 acres of vacant ground at the former campus have been sold, Polk County real estate transactions show.

The activities center was sold …

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How some CRE companies are managing properties while practicing social distancing

Managers of some Central Iowa apartment buildings are sharing ideas on how best to operate during the coronavirus outbreak while serving tenants, keeping workers safe and leasing units, said Chris Costa, president and CEO of …

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GreenState pays nearly $15 million for bank’s Polk County properties

GreenState Credit Union paid nearly $15 million for five properties located in Polk County that had been owned by First American Bank, real estate transaction records show.

The transaction, which was finalized on Feb. 27,…
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PROJECT UPDATE: Ankeny Storage facility

Construction of a multilevel, climate-controlled storage facility is underway at 1204 S.E. 16th Court in Ankeny. Photo by Kathy A. Bolten

What: Climate-controlled, multistory storage facility and three other single-story storage facilities

Project value: $6.8 million

Where: 1204 S.E. …