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Real Estate and Development

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Warehouse property in Ankeny sold for $3.76 million

Ke Mezz LLC, located in Ankeny, paid Brandt Properties Co. $5.1 million for property at 2402 S.E. Hulsizer Road (pictured) in Ankeny, Polk County real estate records show. The 4-acre parcel includes a 59,800-square-foot office/warehouse facility built in …

Can the Highland Apartments structure in Des Moines be saved?

Tanya Keith, a local historical preservationist, wasn’t optimistic that she would be able to persuade the Des Moines City Council to push the pause button on a request to demolish a century-plus-old building in the …

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Learn about Des Moines’ endangered buildings

The Des Moines Heritage Trust recently released a list of seven “endangered buildings” in Des Moines. 

The list was released as a way of shining a spotlight on historically and culturally significant buildings at risk …

Highland Apartments

The Des Moines City Council has postponed a discussion regarding the proposed demolition of Highland Apartments until June, the city announced today. The three-story brick building at 3524 Sixth Ave. is among seven included on …

Council will decide future of dilapidated building in Highland Park

The Des Moines City Council on Monday is expected to decide whether to demolish a three-story apartment and commercial building that has stood on the southwest corner of Sixth and Euclid avenues since 1915. The…
CRE Pro Kris Saddoris

2023 Iowa State University Ivy College of Business Commercial Real Estate Professional of the Year: Kris Saddoris

Kris Saddoris didn’t need nudged to describe the pushback she’s experienced over the years about proposals to build affordable housing in Central Iowa neighborhoods.

Saddoris, who was on a recent Polk County Housing Trust Fund …

cre forum 2023

Downtown housing, Norwalk Central among topics discussed by CRE panel

A range of topics were discussed during the Business Record’s annual Commercial Real Estate Forum, including housing in downtown Des Moines, mass timber projects and developments in the city of Norwalk. 

Participants on the April …

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SPAL USA expanding footprint in Ankeny

SPAL Automotive, headquartered in Italy, plans to expand its presence in Ankeny with the construction of a $35 million state-of-the-art manufacturing, distribution and office facility that would be built in Crosswinds Business Park.

The company …

Texas Roadhouse Altoona

NOTABLE TRANSACTIONS: Altoona property that includes Texas Roadhouse sold

Texas Roadhouse in Altoona.

MJG Development LLC, located in Ankeny, paid Texas Roadhouse Holdings LLC $2.39 million for property at 2407 Adventureland Drive N.W. in Altoona, Polk County real estate records show. The property includes …

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PROJECT UPDATE: Proposed mixed-use project reviewed by Des Moines board

WHAT: The Aston, a proposed 186-unit mixed use project
WHERE: 603 E. Sixth St., Des Moines
DEVELOPER: Heart of America Group
DEVELOPMENT COSTS: Estimated $44 million
WHAT’S NEW: The Des Moines Urban Development Review Board on Tuesday approved the preliminary …