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Real Estate and Development

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NOTEBOOK: A market fit for reverse exchanges

  The 1031 exchange is no stranger to sellers and buyers of commercial real estate. It is a way to avoid capital gains taxes on a sale by acquiring a similar property. But what happens…
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Median price of homes sold last month in D.M. area approached $185,000

Greater Des Moines house sales are up on a month-to-month and year-over-year basis in June, according to a report from the Des Moines Area Association of Realtors. The report said 1,587 houses sold last month, …

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A little secrecy has gone a long way for Microsoft and the city of West Des Moines

There’s little doubt that secrecy has paid development dividends for the city of West Des Moines — and it’s about to pay off again. The secret development of the day is a data center under…
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Preliminary review calls One Park Place ‘viable’

Cedar Rapids Gazette: The first hurdle is cleared for a massive proposed downtown Cedar Rapids structure called One Park Place, which would be the tallest and most expensive private development ever in the city. The planned …

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West Des Moines tops $1 billion in building permits for the first time

The city of West Des Moines has issued more than $906 million in building permits through the first six months of the year, boosting its permit valuation to $1.2 billion for the fiscal year that…
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West Des Moines tops $1 billion in building permits for the first time

The city of West Des Moines has issued more than $906 million in building permits through the first six months of the year, boosting its permit valuation to $1.2 billion for the fiscal year that…
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Another record year for Waukee construction permits

The city of Waukee issued 1,054 building permits with a total valuation of nearly $181 million during the fiscal year that ended June 30, marking the third consecutive year-over-year increase in construction activity. In the …

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Kum & Go buys more property in Western Gateway

Kum & Go LC paid nearly $3.5 million to Des Moines commercial real estate investor and philanthropist Alan Zuckert for three properties in the 1500 block of Linden Street recently, further tightening its hold on …

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Conlin partnership sells Griffin Building to Quad Cities development group

The Quad Cities-based owners of one Des Moines landmark have bought the historic Griffin Building at 319 Seventh St. and plan to “repurpose” the structure, which was renamed in honor of civil rights activist Edna…
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Reeves named manager of Coldwell Banker office in East Village

Julie Reeves has been named manager of Coldwell Banker Mid-America Group’s new office in Des Moines’ East Village. After starting her career with Hubbell Realty Co. as director of marketing for Kaleidoscope at the Hub,…