h digitalfootprint web 728x90

Real Estate and Development

DSC 6869

Greater Des Moines home sales show improving numbers

Greater Des Moines home sales show improving numbers  In December 2011, 642 homes were sold in Greater Des Moines, a 13 percent increase from the previous year. For all of last year, 7,877 homes were…
By BPC Staff | Jan 11, 2012
DSC 6869

Des Moines an improved housing market

Des Moines, Ames and Dubuque have been added to the National Association of Home Builders’ list of improving housing markets. The index identifies metropolitan areas that have shown improvement in housing permits, employment and house …
By BPC Staff | Jan 9, 2012
13680

2012 in Preview: CRE & Development


Turn on the lights: office leasing a bright spot in Greater Des Moines

Expect to see more vacant office space fill up this year, especially in second-generation buildings, Greater Des Moines brokers said.

That was …
By KENT DARR | Jan 6, 2012
DSC 6869

Former California mayor to speak for MPO

Former California mayor to speak for MPO    Bill Fulton, former mayor of Ventura, Calif., will speak about the economic and fiscal implications of regional planning as part of the Des Moines Metropolitan Planning Organization’s…
By BPC Staff | Jan 5, 2012
DSC 6869

Judas files for bankruptcy

Judas files for bankruptcy Greater Des Moines real estate developer Gregory Judas filed for bankruptcy protection on New Year’s Day, citing $29 million in debts and $814,382 in assets, including his $675,000 residence in Johnston.…
By BPC Staff | Jan 4, 2012
DSC 6869

Chicago real estate group paid $16 million for Hewlett-Packard site

Chicago real estate group paid $16 million for Hewlett-Packard site HSCommercial Inc. of Chicago paid $16.1 million for a 300,000-square-foot warehouse and distribution center that Opus Development Corp. of Minnetonka, Minn., developed for Hewlett-Packard Co.,…
By BPC Staff | Jan 4, 2012
DSC 6869

A Year in Review: CRE & Development


Sprucing up old downtown buildings

EcoCore Project 101 was launched with $250,000 in seed money from the city of Des Moines in an effort to identify properties and their owners who might see some benefit …
By KENT DARR | Dec 30, 2011
DSC 6869

Pending home contracts beat expectations

Pending home contracts beat expectations Pending sales of existing homes surged to a 1 1/2-year high in November, an industry group said today, offering more signs of a tentative recovery in the housing market, Reuters…
By BPC Staff | Dec 29, 2011
DSC 6869

Mortgage rates fall to record low

Mortgage rates fall to record low Mortgage rates for 30-year U.S. loans dropped to the lowest level on record amid signs the housing market may be set for a turnaround, Bloomberg reported. The average rate…
By BPC Staff | Dec 22, 2011
DSC 6869

Hewlett-Packard facility sold to HSA Commercial

Hewlett-Packard facility sold to HSA Commercial Opus Development Corp. today announced the sale of a recently completed industrial facility at Army Post Road and S.W. 34th Street. The 300,000-square-foot facility has been sold to HSA…
By BPC Staff | Dec 22, 2011