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Real Estate and Development

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NOTABLE TRANSACTIONS: Land acquired for second hotel in KeeTown Loop in Waukee

The developer of Waukee’s KeeTown Loop entertainment and commercial district has acquired 5 acres of undeveloped land adjacent to the district on which to build a hotel, records show.

The Quarter at Waukee LLC, managed by Quad …

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Merit Management Group hires new CFO

Merit Management Group, a private equity firm specializing in the construction, HVAC and home-improvement industries, has announced Tim Carson as chief financial officer. Carson will lead Merit’s financial operations and drive the firm’s strategy and …

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New Oak Street Health clinic to open Friday

Oak Street Health plans to open its new clinic on Euclid Avenue on Friday, expanding access to primary health care services to patients in underserved areas of the community.

The clinic, at 215 Euclid Ave., …

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Construction underway on 4 new Microsoft data centers

Sixteen building permits were issued for new commercial projects in the Des Moines area in June, including four for data centers at two Microsoft Inc. campuses in West Des Moines, a review shows.

Two permits …

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New flex workspace centers opening in the metro

A company that provides flexible workspace centers around the world is opening four new centers in the Des Moines metro to meet what it says is the demand for flexible space as hybrid work continues …

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Choreo moves to new space in Capital Square

The financial planning and investment advisory firm Choreo has announced the opening of its new office in the Capital Square complex.

According to a news release, the space is designed for both in-person and remote …

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NOTABLE TRANSACTIONS: Recent top real estate transactions in Polk, Dallas counties

Es Alia Owner LLC, based in Chicago, paid Equipmentshare.com Inc. $1.17 million for undeveloped property at 2439 20th Ave. N.W. and 1995 21st St. N.W. in Altoona, Polk County real estate show. The 20th Avenue Northwest property includes 2.5 acres. …

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Iowa Genealogical Society to relocate to Butler Mansion

The Iowa Genealogical Society, whose library includes thousands of books, periodicals and microforms, plans to relocate to an iconic building south of Des Moines’ downtown in space that will allow the group to expand its …

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Parcels near Market District development for sale

Lou Rizzuti, owner of Artistic Iron Works, is selling land he owns in an area local residents call the east bottoms, along the confluence of the Des Moines and Raccoon rivers near the Market District redevelopment …

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Miniature golf venue planned in historic Wilkins Building

The Fat Putter Mini Golf Lounge, operated by an Omaha, Neb.-based company, plans to open an indoor golf-entertainment venue in the street level of the historic Wilkins Building in downtown Des Moines, a review of …