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Real Estate and Development

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Des Moines-area home sales continue to lag behind 2021

Nearly 10% fewer homes were sold in the Des Moines area between January and November than during the same period in 2021, according to data from the Des Moines Area Association of Realtors.

However, the …

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NOTABLE TRANSACTIONS:DRA Properties buys 146 acres of farmland east of Ankeny

Ankeny-based DRA Properties LC paid Elwell Inc. $8.93 million for nearly 146 acres of farm ground located east of Ankeny, Polk County real estate records show. The ground is south of Northeast 36th Street/Northeast 110th Avenue and about …

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Iowa Architectural Foundation announces executive officers

Nathan Griffith, an associate principal at Neumann Monson Architects (Iowa City) has been elected to served as chair of the Iowa Architectural Foundation’s board of trustees. Griffith has a bachelor’s degree in architecture from Iowa State …

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These commercial real estate stories attracted the most readers

Numerous lists are published at the end of the year, and here’s ours: the Business Record’s most-read commercial real estate stories of 2022.

The following are the seven commercial real estate-related stories that attracted the …

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Retailers expected to follow Target to burgeoning Waukee

Over the past two years, the city of Waukee has added an average of five new residents a day, a review of data from the U.S. Census Bureau shows.

The Dallas County community, now with …

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Des Moines residential builder shares the company’s growth, obstacles in first five years

Jasmine Brooks and her husband started Brooks Homes, a homebuilder focused on new and custom construction, five years ago. To them, it was a path with more opportunity to build generational wealth.

Brooks was influenced …

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Holmes Murphy broadens architecture, engineering consulting capabilities with new hire

Holmes Murphy announced the appointment of Andrew Patton as architecture and engineering technical consultant. Patton will help lead risk management education and resources for Holmes Murphy’s architecture, engineering and construction clients, while using his background …

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Here’s what’s new with the Merle Hay Mall redevelopment project

Elizabeth Holland, CEO of Merle Hay Investors, stands in front of the mall entrance of the proposed arena for the Des Moines Buccaneers hockey team. Holland is hopeful redevelopment of the former department store space …

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Downtown Des Moines apartment complex sold for $24.8 million

The Vue apartment complex, located north of Crocker Street along Ninth and Eighth streets, has been sold to an out-of-state investor. The photo above shows the dog park and building at 915 Ninth St. Photo provided …

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Target to anchor $132 million shopping center in Waukee

Target will anchor Waukee Towne Center, a 62-acre lifestyle center planned west of Southeast Alice’s Road and about a block south of East Hickman Road in Waukee. Construction is expected to begin in the spring. Rendering …

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