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Real Estate and Development

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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 …

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Maker of autonomous tractor components to expand

A company that produces software and equipment to retrofit farm tractors to be autonomous is looking to expand in Central Iowa.

Sabanto Inc., which has its headquarters in Illinois, currently occupies about 5,000 square feet …

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NOTABLE TRANSACTIONS: Community State Bank buys land in Ankeny for headquarters

Community State Bank, which plans on building a new headquarters in Ankeny, has acquired 5.5 acres along Northeast 38th Street, Polk County real estate records show.

The bank paid Threshold Development LLC $4.25 million for the property …

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A time to try new things

What is happening inside the walls of architectural firms is often an indicator of what’s to come in real estate development and construction, so the Business Record reached out to leaders at the region’s architectural …