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Real Estate and Development

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The Rack buys property in University Park Shopping Center in Clive

The Rack Billiards Club LLC has acquired property at

Property in the University Park Shopping Center in Clive has been sold to a local entity that plans to remodel the vacant building, turning it into …

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Kemin plans $28 million expansion with addition of new warehouse

Kemin Industries Inc. is expanding its presence in Des Moines with the addition of a 321,500-square-foot facility that will be located east of its headquarters at 1900 Scott Ave. Construction is expected to be completed…
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Marshalltown Industrial Site achieves certification status

The Iowa Economic Development Authority announced Thursday the certification of the Marshalltown Industrial Site through IEDA’s Certified Sites Program. The site is now one of 22 across Iowa designated as “project-ready,” according to the announcement.…

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Fewer homes sold in Des Moines area in 2023

High interest rates and limited inventory were among the factors that adversely affected the Greater Des Moines area’s 2023 housing market, which saw fewer homes sold than the previous year.

In the Des Moines area, …

Perlla Deluca

Construction leaders say despite continued workforce challenges, future for industry is bright

The shortage of labor that was a problem before the Great Recession and was later exacerbated by the COVID-19 pandemic remains a challenge for the construction industry. But industry leaders say there are opportunities for …

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Can pickleball be profitable at Merle Hay?

Kris Miller was a Division I gymnast who struggled to find an outlet for her competitive nature and athleticism after her career ended decades ago. Then she found pickleball.

“Through most of my adult years, …

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Baker Group opens Kansas City office

Baker Group, an Ankeny-based design-build contractor, announced the opening of a new office in Kansas City, Mo. The new location is Baker Group’s first office outside of Iowa, bringing its total locations to five. The …

Microsoft

Site plans for two Microsoft data centers at Ginger East approved

Microsoft Corp.’s Ginger East data center campus. Map courtesy of city of West Des Moines

Site plans for two new data centers at Microsoft Corp.’s Ginger East campus were approved by the West Des Moines …

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Historic Hawkeye Insurance property in downtown Des Moines sold

One of downtown Des Moines’ oldest buildings has been sold for $1.6 million, Polk County real estate records show.

The historic Hawkeye Insurance Co. property in downtown Des Moines was sold for $1.6 million. Photo…
Wells Fargo WDM building

How will sale of Wells Fargo properties at discounted prices affect other office properties? It’s too soon to know, experts say

It will take several months, if not a few years, to understand the effects Wells Fargo’s sale of Des Moines-area properties at discounted prices will have on the office market and property valuations, real estate …