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Real Estate and Development

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CBRE ranked No. 1 by NREI

CB Richard Ellis Group Inc. (CBRE) was ranked as the No. 1 commercial real estate brokerage in the United States for the eighth consecutive year by National Real Estate Investor. As reported in the publication’s …

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Signed Lease Transactions (Week of April 17)

ANP Foot and Ankle Clinic leased 2,970 square feet of office space at Aspen Shopping Center, 6053-6021 S.E. 14th St. in Des Moines. The tenant was represented by Scott Berry of Stanbrough Realty Co. LLC. …

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Judge dismisses Stanbrough bankruptcy

U.S. Bankruptcy Judge Anita Shodeen has rejected efforts by developer Dan Stanbrough  to reorganize the finances of a business that operates the Keck City Center at 500 Grand Ave. Dan Stanbrough LC had been under …

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Developer Randy Walters can’t pay debts on Johnston property, court official says

Owing more than $500,000 in delinquent property taxes and unable to pay a bank loan, developer Randall Walters stands little chance of successfully reorganizing the finances of a property he owns in Johnston, according to …

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Norwalk sets about filling in the blank spots


Passengers on final approach to Des Moines International Airport from the south can look down at Norwalk – it’s not far from the airport at all – and see a strip of commercial buildings along …

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Social sites trumped by traditional networking


Commercial real estate professionals are using social media websites and other Web-based publishing applications to establish larger digital footprints, though some are more proactive than others in their approach to new communication platforms.

An analysis …

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YWCA demolition project is open for bidding


The city of Des Moines’ engineering department will accept bids until April 26 for demolition of the former YWCA building at 717 Grand Ave. The project is described as involving “protection of the existing skywalk …

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Sysco Iowa to replace corporate office building in Ankeny


Sysco Iowa Inc. has begun construction of a 20,000-square-foot office and customer center at its headquarters in Ankeny. The $4.7 million facility will replace Sysco’s current office building and will be located at the intersection …

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Bucs acquire arena land


The Des Moines Buccaneers now own the land they skate over.

Blackbeard Management LLC, which owns the hockey team, paid $900,000 to buy the 5 acres of land at 7201 Hickman Road on which Buccaneers …

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Balls start new construction company

Darrell and Rick Ball announced yesterday they have formed a new construction company, BallTeam Construction LLC.

The business will be managed by Rick Ball and will focus on construction projects for individual and corporate clients. …