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Posts Tagged ‘commercial real estate’

Historic Hawkeye Insurance property in downtown Des Moines sold

By kbolten | February 14, 2024 | 0
sold

One of downtown Des Moines’ oldest buildings has been sold for $1.6 million, Polk County real estate records show.

The historic Hawkeye Insurance Co. property in downtown Des Moines was sold for $1.6 million. Photo…Read More

Survey: Iowa architects see slight uptick in active projects

By kbolten | February 14, 2024 | 0

Architectural firms in Iowa appear to have experienced an uptick in business in late 2023, the Iowa Chapter of the American Institute of Architect’s fourth-quarter market survey shows.

Nearly 75% of survey respondents reported having …

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How will sale of Wells Fargo properties at discounted prices affect other office properties? It’s too soon to know, experts say

By kbolten | February 14, 2024 | 0
Wells Fargo WDM building

It will take several months, if not a few years, to understand the effects Wells Fargo’s sale of Des Moines-area properties at discounted prices will have on the office market and property valuations, real estate …

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Trailside Tap in Ankeny clearing path toward expansion

By kbolten | February 7, 2024 | 0
Tap

Trailside Tap could break ground on an expansion this fall that would nearly quadruple the size of the bar and restaurant in Ankeny’s Uptown neighborhood.

The 2,600-square-foot business, at 710 S.W. Third St., continues to …

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Office property in Johnston sold for $30 million

By kbolten | February 7, 2024 | 0
sold

Office property in Johnston that was developed around 2014 has been sold for $30 million, Polk County real estate records show.

Pioneer Hi-Bred International Inc., based in Johnston, paid ARCP OFC Johnston Ia Phase II …

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What’s the outlook for new commercial projects in 2024?

By kbolten | February 7, 2024 | 0
11404

Nearly 40% fewer building permits were issued for new commercial projects in the Greater Des Moines area in 2023, a direction construction observers expect to be reversed in 2024.

Overall, 156 building permits were issued …

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Cushman & Wakefield releases fourth-quarter office market report

By kbolten | January 31, 2024 | 0
downtown skyline

More than 860,000 square feet of office space was leased in the Greater Des Moines area in 2023, including nearly 260,000 square feet in the fourth quarter, MarketBeat, a Cushman & Wakefield research publication, shows. …

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National storage, moving company buys land in Urbandale

By kbolten | January 31, 2024 | 0
sold

Nearly 9 acres of vacant land in Urbandale has been acquired by a national self-storage and moving company that plans on building two facilities on the property.

Amerco Real Estate Co., a subsidiary of U-Haul …

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Des Moines area’s industrial vacancy rate at 5.1% in fourth quarter

By kbolten | January 31, 2024 | 0
5950 Delaware Ave. Ankeny

Seven warehouse projects whose construction was completed between 2022 and late 2023 remain unoccupied, accounting for over half of the vacant industrial space in the Des Moines area, according to JLL’s 2023 fourth-quarter industrial market …

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Hubbell’s Tollakson inducted into ISU department’s hall of fame

By kbolten | January 31, 2024 | 0
Rick Tollakson

Rick Tollakson, president and CEO of Hubbell Realty Co., has been inducted into Iowa State University’s Department of Civil, Construction and Environmental Engineering Hall of Fame, the school announced. Tollakson graduated from ISU in 1976 …

Read More
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