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Real Estate and Development

5950 Delaware Ave. Ankeny

Des Moines area’s industrial vacancy rate at 5.1% in fourth quarter

Seven warehouse projects whose construction was completed between 2022 and late 2023 remain unoccupied, accounting for over half of the vacant industrial space in the Des Moines area, according to JLL’s 2023 fourth-quarter industrial market …

Rick Tollakson

Hubbell’s Tollakson inducted into ISU department’s hall of fame

Rick Tollakson, president and CEO of Hubbell Realty Co., has been inducted into Iowa State University’s Department of Civil, Construction and Environmental Engineering Hall of Fame, the school announced. Tollakson graduated from ISU in 1976 …

Microsoft

Microsoft buys land in Van Meter for another data center campus

Technology giant Microsoft Corp. has acquired 377 acres of farmland in Van Meter’s Vision Park, an area on the southeast part of the Dallas County community that a decade ago was identified for business development.…

Southeast connector1

Southeast Connector project expected to spur industrial growth in Des Moines, Pleasant Hill

The extension of MLK Parkway from 30th Street in Des Moines to Pleasant Hill will open the area to further industrial development and placemaking opportunities, while creating a more direct pathway from Des Moines to …

RUAN logo

Ruan promotes Jeff Harpole to executive vice president

Ruan Transportation Management Systems has promoted Jeff Harpole to executive vice president, the company announced in a prepared statement.

Harpole currently serves as senior vice president at the Des Moines-based transportation management company. He joined …

Neumann Monson Architects announces staff promotions

Three people have been promoted to principals at Neumann Monson Architects, which has offices in Iowa City and Des Moines. They include:

Lyndley Kent

• Lyndley Kent, now a principal in the firm’s Des Moines office. Kent …

Mike Macri CBRE

Macri awarded Counselors of Real Estate designation

Mike Macri, a vice president in CBRE Inc.’s West Des Moines office, has been awarded the Counselor of Real Estate designation by The Counselors of Real Estate, the organizations announced.

Mike Macri

The Counselors of …

downtown skyline

CBRE, JLL release fourth-quarter office market reports

The percentage of vacant office space in the Greater Des Moines area shrunk slightly between the first and fourth quarters of 2023, market reports from CBRE Inc. and JLL show.

The Des Moines area has …

city map

City of Des Moines seeks developers for land near City Hall

The city of Des Moines is seeking proposals to develop a less-than-half-acre site across the street from City Hall.

A request for proposal was announced in December, with a Feb. 1 deadline for developers to submit …

sold

Tasty Tacos buys property in Clive for $1.8 million

Property bought by Tasty Tacos Inc. in Clive. Photo courtesy Polk County assessor

Tasty Tacos Inc., whose headquarters is in Pleasant Hill, paid Rack Billiards Club LLC $1.8 million for property at 2249 N.W. 86th …