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Real Estate and Development

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General Growth Properties reviewing acquisition bid

A Canadian real estate firm is looking to acquire General Growth Properties, owner of the Coral Ridge Mall in Coralville and Jordan Creek Town Center in West Des Moines, the Corridor Business Journal reported. According to …

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Realtors cheer sales prices, caution that tax reform efforts could dampen home values

House sales dropped slightly in October, while the median sales price spiked 8.6 percent to $200,000, the Des Moines Area Association of Realtors said. October sales fell to 1,192 from 1,257 in September, but were …

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Potential for continued growth puts Des Moines 4th among Midwest real estate markets

The potential for commercial real estate investment and development puts Greater Des Moines fourth on a list of emerging markets in the Midwest and 39th in the nation, according to a report from PricewaterhouseCoopers LLP …

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Where a growing economy and affordable housing collide

Craig Armstrong, development specialist for the city of Newton, recently drove home a point about the unruly conflict between economic growth in Greater Des Moines and the need for more affordable housing. 

Armstrong attended this …

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Value of Iowa farmland held steady in third quarter

The value of Iowa farmland remained unchanged in the third quarter, with prices increasing 2 percent over the year that ended in October, according to the Federal Reserve Bank of Chicago. For the five-state area …

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Confluence adds Omaha office

After a 15-year presence on Nebraska jobs, Des Moines-based Confluence landscape architecture, urban design and planning firm is opening an office in Omaha that will be under the direction of Dolores Silkworth, according to a …

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StorageMart buys Waukee Storage Masters

StorageMart picked up its 21st Greater Des Moines location when it paid the local owners of Waukee Storage Masters a total of $5 million for adjoining properties on Northeast Ventura Drive. According to a release …

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R&R’s Kaduce receives national recognition

Adam Kaduce, a vice president at R&R Real Estate Advisors, is a Real Estate Forum magazine Fifty Under 40 honoree for 2017. The commercial real estate publication said Kaduce’s “dedicated and strategic approach to handling …

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Des Moines to acquire auto salvage yard in Southeast AgriBusiness Park

The Des Moines City Council has agreed to pay $720,000 for an auto salvage yard in a move that could improve the prospects of landing development projects in the city’s Southeast AgriBusiness Park. The voluntary …

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Habitat project focuses on Birdland area

Greater Des Moines Habitat for Humanity will break ground Friday on a one-of-a-kind pocket neighborhood in the Birdland area in Des Moines. The neighborhood will include 23 single-family homes with a focus on connectivity and …