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Real Estate and Development

Retail

Retail Top Deals 2023

Top deal:  $10 million | Ankeny

MBB Holdings LLC, located in Ankeny, paid RGBA LC $10 million for property at 1405 S.E. Oralabor Road in Ankeny. The property, which includes nearly 9 acres, is occupied …

Industrial

Industrial Top Deals 2023

Top deal: $24.9 million | Altoona

Sealy & Co., a fully integrated commercial real estate investment and operating company based in Shreveport, La., acquired property in the Altus Commerce Center in Altoona, paying $24.9 million …

Land

Land Top Deals 2023

Top deal: $16.9 million | Altoona

Hawkeye Investment Partners I LLC, based in Wheaton, Ill., paid I- 80 Business Park LLC nearly $17 million for property at 2131 and 2177 21st St. N.W. and 2220 …

Residential

Residential Top Deals 2023

$23.3 million | West Des Moines

Artisan Capital Group, in a partnership with Eastham Capital, acquired the Cambridge Court apartment complex in West Des Moines for $23.3 million. The 192-unit complex, located at 1205 11th …

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Building momentum

Despite the challenges created by higher interest rates and economic uncertainty, industrial development in the metro has continued and is expected to see additional growth in 2024, industry leaders said.

Industrial projects, from warehouses to …

Ankey City Limits 2024

Managing growth

Ankeny’s population has more than doubled since 2000. With more than 72,000 residents in 2022, it’s among the fastest-growing cities not only in Iowa but in the country.

If that rate of growth continues, Ankeny’s …

CRE Pro web

2024 Iowa State University Ivy College of Business Commercial Real Estate Professional of the Year: Justin Lossner

Justin Lossner is quick to point to his dad, Rodney, for being his chief role model and instilling in him the value of hard work. 

“He’s the epitome of a hard worker and just roll …

ValAir1

Restoring an icon to its original splendor

Sam Summers returned to his music promotion roots when the Val Air Ballroom reopened earlier this year.

Since January 2022, Summers has spent much of his energy restoring the Val Air to its original state …

Meridan

1,400 apartments proposed in downtown Des Moines

Nearly 1,400 apartment units are expected to be added in downtown Des Moines by mid-2026, increasing the number of people who live in the central business district and the need for both service and recreational …

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Creating a sense of place in new music venue

A colorful floor-to-ceiling mural featuring footwear greets guests when they enter Vibrant Music Hall, the new entertainment venue that opened in Waukee in late 2023.

The mural, called “Footloose,” includes Air Jordans, Vans, cowboy boots …