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Posts Tagged ‘commercial real estate’

New Fairfield By Marriott opens in Norwalk

By pherteen | September 4, 2024 | 0
Norwalk hotel
A new Fairfield By Marriott opened last week in Norwalk. The developer said the city of about 15,000 people has the demand to support a hotel because of recent growth. Photo submitted by Ryan Jensen with Compound…Read More

Elwell reopens neighborhood hardware store in Ankeny

By pherteen | September 4, 2024 | 0
hardware
Ankeny Hardware reopened earlier this year in the space previously occupied by Mistress Brewing Co. at 1802 N. Ankeny Blvd. after the Denny Elwell Co. purchased the business from the Rich DeReus family following DeReus’…Read More

Hubbell expands into Omaha multifamily market

By pherteen | September 4, 2024 | 0
Sagebrook Renderings Jan 2024 05
A digital rendering of Hubbell Realty Co.’s new Sagebrook multifamily development in La Vista, Neb., a suburb of Omaha. The development is the next step in Hubbell’s expansion into the Omaha market. Photo submitted by…Read More

NOTABLE TRANSACTIONS: City of Des Moines buys land for pump station in Market District

By pherteen | September 4, 2024 | 0
sold

The city of Des Moines paid Diamond Investment Properties LLC $1.35 million for property at 111 S.E. Seventh St. in the Market District, Polk County real estate records show.  The 1.6-acre parcel includes two buildings …

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Project 515: Office market returning to normal in 2024

By pherteen | August 21, 2024 | 0

Look for several big development announcements downtown in the coming months, along with possible updates on redevelopment of Valley West Mall and Des Moines City Hall, experts said during the Business Record’s Project 515 event …

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NOTABLE TRANSACTIONS: Car wash property in Clive sold to Georgia-based entity

By pherteen | August 21, 2024 | 0
Silverstar car wash

Marc 1 Holdings, an entity managed by Atlanta-based Mammoth Holdings, paid IA11 10056 Clive LLC $6.2 million for property at 10056 Hickman Court in Clive, Polk County real estate records show.

A Silverstar Car Wash with …

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4.1% retail space vacant in Des Moines area, new report shows

By pherteen | August 21, 2024 | 0

Nearly 74,000 square feet of positive net absorption occurred in the Des Moines area’s retail market in the second quarter, a new report from CBRE Inc. shows. Nearly 70% of the positive absorption occurred in …

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Airport board gives nod to contractor to continue to second phase of terminal project

By pherteen | August 21, 2024 | 0
airport concourse rendering
Contractors have received approval from the Des Moines International Airport Authority board to continue into phase 1B, shown in orange on this map, once they complete work on phase 1A, shown in bright blue. The…Read More

NOTABLE TRANSACTIONS: Nursing home property in Des Moines sold to California entity

By pherteen | August 14, 2024 | 0
Genesis Senior Living

Skywalk Health Holdings LLC, based in San Juan Capistrano, Calif., paid TZVI Realty LLC $5.7 million for property at 5608 S.W. Ninth St. in Des Moines, Polk County real estate records show. The property includes …

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Strong economy attracts multifamily investors to Des Moines area, sparks construction of several new projects

By kmeyer | August 7, 2024 | 0
13thMulberry

The Greater Des Moines area, with its growing population and low unemployment rate, is continuing to attract investors in the multifamily sector, according to a recent CBRE Inc. market report.

In the first six months …

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