Coldwell Banker plans to get up close and personal with future home buyers
KENT DARR Dec 23, 2015 | 9:25 pm
1 min read time
239 wordsAll Latest News, Real Estate and DevelopmentColdwell Banker Mid-America Group plans to open an office early next year in Des Moines’ East Village, a move it believes will put it in close contact with future home buyers, the millennials who make up the majority of downtown renters.
While it is not uncommon for commercial real estate brokers to occupy downtown office space, the Coldwell Banker office, which will serve what the company calls its metro market, is believed to be the first for a company that focuses on house sales.
“With an influx of millennials and the growing downtown, we want to make sure we are best serving not only today’s clients but tomorrow’s clients,” Coldwell Banker spokeswoman Rachel Delzell said in an email. “This office will still service the entire metro but the location will lend itself to a truly community-oriented, urban and innovative way of doing business.”
Work should begin early next year on about 4,400 square feet of office space at 601 E. Locust St., with an opening scheduled for late February. The office building was constructed in the early 2000s by East Village development pioneer John Burgeson, chairman and CEO of Iowa State Bank. It was purchased in 2011 by Hansen Development Inc.’s 601 East Locust LLC.
“The space is going to be modern and innovative, and change the way real estate is done here in Des Moines,” John Stark, managing broker for Coldwell Banker’s metro operation, said in a release.
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