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Real Estate and Development

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With acquisition complete, American Equity announces move of headquarters to downtown Des Moines

American Equity Investment Life Holding Co. will move downtown after its lease in West Des Moines is up next year, but company officials are not identifying a specific location they are looking at. File photo…
CRE forum 2024

Panelists discuss economic health of downtown Des Moines

Nearly 17% of office space in downtown Des Moines is vacant, the highest vacancy rate since 2007, according to JLL market reports.

But, even with the higher-than-normal-office vacancy rate, downtown’s economy is strong, Carrie Kruse, …

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19-unit apartment building sold in Des Moines

Apartment building at 2600 Kingman Blvd. in Des Moines. Photo courtesy Polk County assessor

Marlena Holdings LLC, located in Des Moines, paid MP Property Management LLC $1.1 million for property at 2600 Kingman Blvd. in …

Drop in architectural billings index sign of softening in nonresidential billings

The continued effects of inflation, supply chain issues and other economic challenges softened  architectural billings in the Midwest in April, according to the AIA/Deltek Architecture Billings Index. The index, released April 24, showed the index …

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Office vacancies increasing in Greater Des Moines area

The percent of vacant office space in the Greater Des Moines area increased in the first quarter, prompting an increase in concessions to office tenants, market reports from CBRE Inc., JLL and Cushman & Wakefield …

Cresent building

R&R Realty’s Crescent Building remodel checks boxes on valued amenities


Saying it brings high-level amenities under one roof and creates the new environment that employers are looking for to draw workers back to the office, R&R Realty Group is ready to show off the newly …

IOOF Hall Drug Store

Des Moines Heritage Trust releases 2024 list of 7 endangered buildings

Seven buildings, including a former one-room school house and the former home of a local businessman, have been named among the most endangered buildings in the metro, according to a list released today by the …

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Des Moines, Hy-Vee reach agreement on hours for downtown store

Hy-Vee’s grocery store on Court Avenue in downtown Des Moines will operate with sharply reduced weekend hours under an agreement expected to be approved by the Des Moines City Council on Monday. The hours of …

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Des Moines Performing Arts to present concept to buy Argonne Armory from city

A preliminary digital rendering of what the inside of the Argonne Armory could look like under a redevelopment plan by Des Moines Performing Arts. Image provided by Des Moines Performing Arts

Des Moines Performing Arts …

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Bookeys begin next chapter in real estate

Harry and Pam Bookey at their home. Photo by Duane Tinkey

Harry Bookey remembers landing his first real estate deal in San Antonio. His next deal came when he invited a business partner to dinner.…