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Real Estate and Development

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Leach to speak at ICREA breakfast

Tim Leach, director of economic development at the Des Moines Downtown Community Alliance, plans to discuss future plans and initiatives for the area during the Iowa Commercial Real Estate Association’s monthly breakfast at the Des …

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Urbandale moves toward approval of R&R development


The Urbandale Planning and Zoning Commission has approved the first plat for R&R Realty Group’s Highland Pointe Office Park, a future development that has been key to the completion of Plum Drive.

In addition, the …

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Walters company files for bankruptcy

A Des Moines lender wants a federal bankruptcy judge to appoint a trustee to manage property owned by Griz Lee L.C., a company managed by developer Randall Walters. Griz Lee filed to reorganize its finances …

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Limitation date lifted on SBA refinancing program

An upcoming amendment to the U.S. Small Business Administration’s (SBA) temporary 504 refinancing program will allow more small businesses to obtain stable, long-term financing on owner-occupied real estate, the SBA announced on Tuesday.

Under the …

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CRE executives expect pay raise this year

Sixty-four percent of participants in a survey of senior corporate real estate and workplace executives said they received a pay increase last year, according to CoreNet Global.

National Real Estate Investor also reported that 74 …

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Iowa architect’s spring meeting to focus on change

Leading and adapting to change will be the focus of the Iowa chapter of the American Institute of Architects’ 2011 spring meeting in Ames. “Morph: Transforming the Profession” is scheduled to take place on April …

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Exterior mall improvements to accommodate new tenants

On March 28, the West Des Moines Plan and Zoning Commission approved a request by Watson Centers Inc. to modify the west façade of Valley West Mall in order to accommodate a Noodles & Co. …

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Council approves final subdivision for HP expansion

The Des Moines City Council approved the final subdivision plat for Airport Business Park Plat 3, which will allow developer Opus Development Corp. to move forward its proposed construction of a 300,000-square-foot expansion of Hewlett-Packard …

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Manufacturing, service execs are optimistic about their industries

A new survey from KPMG shows that optimism is improving among U.S. manufacturing and service industry executives, who say the worst is behind us, CNBC said today.

The survey found that 68 percent of manufacturing …

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Denny Elwell hires brokers, plans Waukee office

Denny Elwell Co. will hire two commercial agents as the Ankeny-based commercial real estate brokerage plans to open a satellite office in Waukee by July 1.

On March 28, Blake Brown and Michael Billings, founders …