Real Estate and Development

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ISU Research Park introduces ‘living’ as part of mixed-use development

A new mixed-use development is planned for the Iowa State University Research Park, a move that leaders say isn’t so much a shift in vision for the park but rather an expansion of the road …

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2-block span of East Court undergoing $28.9 million redevelopment

Architect and developer Doug Wells quickly realized that if his newly vacant downtown office building was going to attract tenants, parking needed to be nearby.

“Our competition is the big office parks in West Des …

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Office quarterly reports: Vacancy rates on the rise

Office vacancy rates increased across the metro in the third quarter of 2024, with vacancy rates in the Central Business District climbing to as high as 22.3%, in part because of Wells Fargo moving out …

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HD Sports opening in Norwalk’s Dunn Industrial Park

HD Sports, an indoor training facility for athletes involved with baseball and softball, will occupy 5,000 square feet of space in Dunn Industrial Park, located at 250 Delaware St. in Norwalk.

HD Sports is owned …

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NOTABLE TRANSACTIONS: Omaha-based firm buys building in downtown Des Moines

An Omaha-based company has acquired a building at 204 12th St. in downtown Des Moines for $2.4 million, Polk County real estate records show.

Cordoba Holdings DSM LLC, managed by Elevator, paid Nationwide Mutual Insurance Co. …

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Berk, Des Moines plans examiner, retiring after 26 years with city

Terry Berk had a goal when he started his work career in 1991: Retire at age 56.

This week, Berk, plans examiner for the city of Des Moines, is retiring from the job he’s held …

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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 …

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