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Real Estate and Development

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Rusty Boggs leases 1,282 square feet

Rusty Boggs has leased 1,282 square feet of office space at 6750 Westown Parkway in West Des Moines. The tenant was represented by Jon Ledinsky with CB Richard Ellis/Hubbell Commercial. The landlord, West Lakes Investors …

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Kemin announces $30 million expansion project

Kemin Industries Inc. this morning announced a major expansion project that will triple the size of its southeast Des Moines headquarters campus and allow it to add nearly 100 employees within the next five years. …

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Housing starts indicate stabilizing market

Builders in the United States began work on more homes in September, a sign the real estate market was stabilizing at depressed levels heading into the recent upheaval in the foreclosure crisis, Bloomberg reported.

Housing …

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Urbandale Development Association names coordinator

Tiffany Coleman has been named the first economic development coordinator of the Urbandale Development Association (UDA).

Coleman, a certified economic developer, has been in the field for 12 years in both Dallas and Warren counties. …

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Home builders report ‘flickers of interest’

Home-builder sentiment rose for the first time in five months as builders are starting to see “some flickers of interest” among potential buyers, according to results of a survey released today, Reuters reported. The National …

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Big City Burgers to replace Battani’s Pizza


Customers who eat at the new Big City Burgers and Greens will notice a big change in the feel of the space.

“We’re giving it a complete overhaul, lightening it up, opening it up,” said …

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New tenant could lead Keck building out of bankruptcy

A new, paying tenant at Keck City Center should help the building owner pay off debts, according to a bankruptcy reorganization plan.

Dan Stanbrough LC said in court documents that under a tentative lease effective …

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Property investors to spend more amid declining values

Following two years of declining commercial property values, investors are preparing to spend more, Bloomberg reported.

Since December, fund and investment companies have increased the capital available for deals in the Americas by 54 percent …

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Weekly CRE show launches in Atlanta

A weekly radio program centered on commercial real estate and intended for a national audience has launched in Atlanta, the Kansas City Star reported.

“The Commercial Real Estate Show,” which features host Michael Bull, a …

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Des Moines City Council to consider rezoning

On Oct. 7, the Des Moines Plan and Zoning Commission recommended that a request to rezone a parcel at 320 S.W. Ninth St. to a planned unit development from a mixed-use residential district be approved. …