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Real Estate and Development

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Bridging a (river) gap to the future


Let’s face it. When your company owns a piece of the future, it’s easy to get excited about a bridge that will lead to it.

Gerry Neugent, president and chief operating officer of Knapp Properties …

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AIA Iowa elects board members

The Iowa chapter of the American Institute of Architects (AIA Iowa) has elected its 2011 board of directors, which includes three local architects. William Anderson, an architect at Neumann Monson Architects P.C., will serve as …

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Signed Lease Transactions (Week of Feb. 27)

Lemon Tree Frozen Yogurt has leased 1,580 square feet of retail space at 1805 S.E. Delaware Ave. in Ankeny. The tenant was represented by Dave Mercer of Iowa Realty Commercial. The landlord, Metro North/Ankeny Center …

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Church proposes 51,000 s.f. facility in Urbandale

New Hope Assembly of God plans to construct a 50,948-square-foot church building on 7.95 acres at 4425 70th St. in Urbandale. The proposed two-story building, which would supplement the organization’s existing facility at 6800 Townsend …

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Green-minded developer to speak out of state

Developer Chaden Halfhill has been slated to speak at the Better Buildings: Better Business Conference in Wisconsin Dells, Wis., on March 3. Halfhill, who has plans to convert the former H&H Grocery Store in Sherman …

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City seeks developer to rehab Des Moines Building

The city of Des Moines, which last month declared the Des Moines Building to be a public nuisance, is looking for a developer to rehabilitate the 80-year-old downtown landmark at 405 Sixth Ave.

As it …

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National investment sales up as tertiary markets simmer

Nationwide, commercial property sales volumes increased by 80 percent in 2010 compared with the prior year, according to a report last week by CB Richard Ellis/Hubbell Commercial’s (CBRE) Iowa Private Client Group.

“One of the …

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Construction spending drops to lowest level since 2000

Construction spending dropped 0.7 percent from $798 billion annual rate in December to $792 billion in January, the slowest spending pace since July 2000, according to the Associated General Contractors of America in a report …

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Clark is Realtor of the Year

Ken Clark has been named Des Moines Area Association of Realtors Realtor of the Year for 2010. He has been in real estate for more than 39 years and a sales associate and an office …

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Peoples Co. to share lot inventory, housing statistics

Peoples Co.’s fourth annual Builder & Development Luncheon will take place beginning at noon on March 2 at the Sheraton West Des Moines Hotel, 1800 50th St. Martha Willits, president and CEO of the Greater …