AABP EP Awards 728x90

Real Estate and Development

13069

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. …

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Grubb & Ellis may be delisted from NYSE

Grubb & Ellis Co. said it has been notified that the commercial real estate brokerage is out of compliance with the New York Stock Exchange’s listing standards, the Dallas Business Journal reported. The stock exchange …

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City approves industrial site for residential construction

Vacant land that was slated for the development of industrial buildings on Des Moines’ East Side could become the site of 210 homes following a property owner’s request to amend a planned unit development.

Mike …

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Minnesota manufacturer buys former Maytag facility

A Minnesota-based manufacturer of folding cartons has purchased the building that formerly housed a Maytag Corp. regional distribution center in Newton.

Chris Pendroy and Kermit Marsh, both of Terrus Real Estate Group LLC, represented Los …

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Firestone proposes Urbandale location

Firestone Complete Auto Care plans to construct an 8,473-square-foot automotive repair and tire sales facility at 4850-4858 N.W. Urbandale Drive in Urbandale. On April 11, the Urbandale Planning and Zoning Commission recommended that the City …

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COSC lunch to focus repurposing urban spaces

Repurposing urban spaces will be the focus of the Center on Sustainable Communities (COSC) and the Greater Des Moines Partnership’s second “Sustainable Commercial Development Luncheon Learn.” The event, which costs $15 for COSC and Partnership …

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Bondurant sets Developers Conference

Bondurant Development Inc., a nonprofit organization that works to improve and expand the business climate of that community, will host its annual Developers Conference on May 5. Following an update on the latest development activity …

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Report: Principal is platinum

Principal Real Estate Investors is one of the “greenest” commercial real estate companies in the United States, according to Commercial Property Executive magazine. Principal Real Estate, the fourth-largest institutional real estate manager in the United …