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Real Estate and Development

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 …

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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 …

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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.…

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Potential buyer eyeing former Spaghetti Works site

A new business could open in the former Spaghetti Works building on Court Avenue later this summer, the president of the Omaha, Neb.-based restaurant company said.

A new business could occupy the former Spaghetti Works…
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Panelists describe Central Iowa’s commercial real estate sector

The Business Record’s annual Commercial Real Estate Forum was held April 25 at the Hilton Des Moines Downtown hotel. Panelists and moderators included, from left: Chris Conetzkey, Business Publication Corp.’s group publisher; Jesse Bunney, director…
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Two hotel properties sold in Des Moines metro area

Midwest IA Hotels LLC, located in Clive, paid Shree Laxmi Narayan Inc. $3.5 million for property at 1600 N.W. 114th St. in Clive, Polk County real estate records show. The hotel, which operates as a …