AABP EP Awards 728x90

Real Estate and Development

DSC 6869

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 …

DSC 6869

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 …

13085

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 …

13084

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 …

13068

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 …

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 …

DSC 6869

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 …

DSC 6869

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. …

DSC 6869

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 …

DSC 6869

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 …