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Real Estate and Development

Wells Fargo Canyon grid

Wells Fargo employees begin working, meeting in remodeled space at Jordan Creek campus in West Des Moines

Wells Fargo employees have begun working in the 360,000 square feet of office space that has been remodeled at the financial institution’s 160-acre Jordan Creek campus in West Des Moines, a company spokesperson said.

The …

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Q3 reports forecast optimism for Central Iowa industrial market

Construction of speculative space in the Central Iowa industrial market slowed in the third quarter of 2024, allowing for greater absorption of new and existing space, quarterly reports from commercial real estate brokerage firms showed.…

True Parkway

NOTABLE TRANSACTIONS: Hubbell Realty sells Hamlet Apartments for $17.6 million

A Denver, Colo.-based real estate investment firm has acquired the Hamlet Apartments in West Des Moines from Hubbell Realty Co., Polk County real estate records show.

True Parkway IA LLC, managed by Halaby Capital Partners …

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Maryland data center developer discusses plans in Van Meter

The CEO and president of a Maryland-based developer of data center facilities commented about the company’s recent land acquisition in Van Meter during an announcement of third-quarter earnings results.

COPT Defense Properties, a publicly traded real …

Gerdin fieldhouse Luther college

Luther College undertaking major athletic facility renovation

Renovations of the Gerdin Fieldhouse for Athletics and Wellness at Luther College are underway, with plans to update the existing 200,000-square-foot athletic facility and build a 15,787-square-foot addition.

According to a news release from the …

Mercy North

NOTABLE TRANSACTIONS: Medical property in Ankeny sold for $31.7 million

A Georgia-based real estate company that specializes in the medical and office sectors has acquired property in Ankeny on which Mercy Medical North is located, Polk County real estate records show.

800 E First St …

Callaway apartments

Hubbell plans $32 million rental project in Norwalk

A new rental community is planned in Norwalk, a Warren County community whose officials want to offer an array of housing options to potential residents.

Hubbell Realty Co. plans to begin construction in early 2025 …

Atlas atrium

Hospitality group, spa first tenants in newly visioned Atlas Building in West Des Moines

The first tenants of the newly reimagined Atlas Building were recently announced, taking the first steps in turning the former Wells Fargo office building in West Des Moines into a multi-tenant building that will feature …

sold

NOTABLE TRANSACTIONS: Kwik Trip pays $3.8 million for land in Ankeny

Kwik Trip Inc., based in La Crosse, Wis., paid Wilson Group LLC $3.18 million for property in the 6100 block of S.E. Delaware Avenue, Polk County real estate records show. The Ankeny property includes 10 …

Bank Iowa Johnston rendering

Bank Iowa continues expansion with new branch in Johnston

Bank Iowa plans to open its latest branch in the metro this week as part of its strategy to expand its brick-and-mortar presence statewide.

The expansion comes as Bank Iowa, with $2 billion in assets, …