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Real Estate and Development

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Three-Sixty Group relocates

Three-Sixty Group LLC has relocated to a 2,000-square-foot space in West Des Moines. On April 15, Randy Bray and Tim Walpole relocated their commercial development and real estate services firm to the First Bank Building …

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Signed Lease Transactions (Week of April 24)

Boys and Girls Club of Iowa has leased 1,930 square feet of office space at 1031 Office Park Road in West Des Moines. The tenant was represented by Jon Ledinsky and Jesse Bunney, both of …

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Riverwalk to feature “Hub Spot” multi-use structure

Principal Financial Group Inc. unveiled the name of a new attraction under construction at the Principal Riverwalk.

“Hub Spot,” named after the Hubbell family, will be a multi-use structure with an outdoor open plaza that …

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New home sales rose 11 percent last month

Sales of new U.S. homes rose in March and the number of properties on the market was its lowest since the 1960s, but further gains will be hampered by stiff competition from a glut of …

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Government report expected to show increase in sales of new houses

Purchases of new houses in the United States probably rose in March from a record low, economists told Bloomberg in advance of the release later today of government housing data.

New-home sales, tabulated when contracts …

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Deadline nears for tax credit workshop registration

Owners of historic buildings will have until April 26 to register for a State Historic Tax Credit Program workshop scheduled for May 5 in Davenport. The workshop, which will provide in-depth information on Iowa’s historic …

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Westgate to renovate 1408 Locust for Flynn Wright


Westgate Partnership LLC kicked off its redevelopment of the Kruidenier Cadillac Automobile Co. Building last week after signing a new tenant and securing funds to tackle the multimillion-dollar project.

Advertising agency Flynn Wright is slated …

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Hospitals prepare for influx as others weigh options

Hospitals are creating more spaces for patients as medical professionals prepare to deal with an influx of new customers, American Medical News reported.

Though most experts concur that additional outpatient medical offices will be needed …

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Latest bank closures tied to commercial real estate

Commercial real estate accounted for more than three-fourths of the troubled loans on the books of the most recently failed banks, HousingWire reported.

Citing analytics firm Trepp LLC, HousingWire said six banks with assets totaling …

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Rotarians, brokers gather to help Sayeed family

Members of the Rotary Club of Des Moines A.M. joined commercial real estate brokers Kevin Crowley, Kyle Gamble, Todd Millang, Tyler Dingel and Heath Bullock, and other supporters, to help the widow and family of …