Iowa among top 10 states in office construction last year

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Iowa ranked fourth nationally in the value of new office buildings that were constructed last year and 10th in the total value of office, retail, warehouse and industrial properties, according to a report from NAIOP, the Commercial Real Estate Association. George Mason University compiled the data from a range of sources. According to the report, the construction value of office properties stood at nearly $2.6 billion and supported nearly 38,000 jobs. The figures reflect a range of costs and services associated with the construction of an office property, including the actual cost of construction, as well as professional fees and other costs. Iowa ranked fifth in office construction in 2014. Click here to access the full report.

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