Posts Tagged ‘commercial real estate’
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 …
Pella apartment complex sold for over $11 million
Highpoint at Pella, a 100-unit multifamily property located in Pella, has been sold for just over $11 million, according to …Read More
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 …Read More
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 …Read More
NOTABLE TRANSACTIONS: Cambridge Court apartment complex sold for $23.3 million
A Chicago-based group has purchased the Cambridge Court apartment complex in West Des Moines, paying $23.3 million for the property, Polk County real estate records show.
The 192-unit complex, located at 1205 11th St. (pictured …Read More
One of 2022’s priciest industrial sales involved property in Bondurant
The sale of property in Bondurant that includes the Amazon AR Sort Fulfillment Center was the third-largest industrial real estate transaction in the U.S. in 2022, according to CommercialSearch.com. In February 2022, Virginia-based Capital Square …Read More
Here’s how much MidAmerican Energy paid for Dotdash Meredith’s property
MidAmerican Energy Co. has completed its purchase of Dotdash Meredith property along Grand and Locust avenues in downtown Des Moines, Polk County real estate records show.
MidAmerican Energy, headquartered in Des Moines, paid Meredith Operations …Read More
Vote on incentives for Des Moines apartment project delayed
A vote was put on hold this week by the Des Moines City Council on whether to approved a development agreement for a proposed mixed-use project in the East Village Neighborhood. Heart of America Group is …Read More
PROJECT UPDATE: $22 million restoration project of Grand Avenue hotel moving forward
What: Restoration of former Howard Johnson motor lodge to original hotel use.
Where: 2525 Grand Ave., Des Moines
Project cost: $22 million
Developer: Christensen Development
Architect: Slingshot Architecture
General contractor: Catalyst Project Management, located in Grinnell
What’s new: Redevelopment of a former …
Can Des Moines market support 400 additional hotel rooms?
The proposed development of a water park, convention center and hotel along Grand Avenue in West Des Moines will help fill the rooms of other hotels in the area, a consultant told the city’s council …Read More