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Real Estate and Development

Ankeny apartment 110 and 114 NW State St

NOTABLE TRANSACTIONS: Ankeny apartment properties sold for $3.37 million

A Des Moines-based limited liability company has purchased several apartment properties in Ankeny, Polk County real estate records show.

Big Sky Properties LLC, located in Des Moines, paid Ankeny 8 LLC $3.37 million for the …

Architecture billings index continues to decline

Architectural firm billings continued to decline in February, indicating softening business conditions, according to a recent American Institute of Architects report. The score for February fell to 48.0 from 49.3 in January. (Scores below 50 …

801 Walnut St.

Wells Fargo lists 5 downtown Des Moines properties for sale, including one officials originally said would be retained

Wells Fargo & Co. has listed five downtown Des Moines properties for sale, including one the financial institution originally said it would retain, the Business Record has learned.

In late January, Wells Fargo announced that …

Heart of America Group E 6 and Des Moines

Incentives for proposed mixed-use project get council’s preliminary approval

Heart of American Group is proposing the construction of a midrise mixed-use project at East Sixth and Des Moines streets. The U-shaped building would include 186 units, underground parking and a dog park. Apartments on…
Kris Saddoris2

Kris Saddoris named CRE Professional of the Year

Kris Saddoris, vice president of development at Hubbell Realty Co., has been named the 2023 Iowa State University Ivy College of Business Real Estate Professional of the Year by the Business Record.

Saddoris has nearly 38 …

Jeff Hoobin newsletter

Former nuisance property has new life after $2.5M renovation

Renovation work is nearing completion on a building that once was deemed a nuisance by the city of Des Moines.

“A lot of work has gone into bringing back this property that once was considered …

Highpoint at Pella

Pella apartment complex sold for over $11 million

Highpoint at Pella, an apartment complex that was recently sold. Photo special to the Business Record

Highpoint at Pella, a 100-unit multifamily property located in Pella, has been sold for just over $11 million, according to …

timberline at Meredith apartments

Urbandale apartment complex sold to Dallas group for $10.7 million


A group located in Dallas, Texas, has purchased an apartment complex in Urbandale, Polk County real estate records show.

The property at 7800 Iltis Drive in Urbandale includes the 144-unit Timberland at Meredith apartment complex. Bexley …

Kate Thuesen

Thuesen recognized by national architect’s group

Kate Thuesen

Kate Thuesen, a senior associate in DLR Group’s Des Moines architect’s office, has received the American Institute of Architect’s 2023 Young Architects Award. The award honors individuals who have demonstrated exceptional leadership and …

Riverview Park image

Entertainment potential seen in warehouse near Riverview Park

Imagine this: On a warm summer’s day, you ride your bicycle on the Neal Smith Trail that hugs a portion of the Des Moines River and just past Sixth Avenue, you veer north, taking a spur …