Posts by kbolten
SPAL USA expanding footprint in Ankeny
SPAL Automotive, headquartered in Italy, plans to expand its presence in Ankeny with the construction of a $35 million state-of-the-art manufacturing, distribution and office facility that would be built in Crosswinds Business Park.
The company …
Read MoreNOTABLE TRANSACTIONS: Altoona property that includes Texas Roadhouse sold
MJG Development LLC, located in Ankeny, paid Texas Roadhouse Holdings LLC $2.39 million for property at 2407 Adventureland Drive N.W. in Altoona, Polk County real estate records show. The property includes …
Read MorePROJECT UPDATE: Proposed mixed-use project reviewed by Des Moines board
WHAT: The Aston, a proposed 186-unit mixed use project
WHERE: 603 E. Sixth St., Des Moines
DEVELOPER: Heart of America Group
DEVELOPMENT COSTS: Estimated $44 million
WHAT’S NEW: The Des Moines Urban Development Review Board on Tuesday approved the preliminary …
Cody Christensen named Des Moines’ Development Services director
Cody Christensen has been named director of Des Moines’ Development Services department, the city announced.
Christensen will oversee a city department that provides strategic and long-term planning; reviews development projects for compliance with planning, zoning …
Read MoreWalking tour of downtown Des Moines architecture returns
Tour dates for “Architecture on the Move,” a walking tour of downtown Des Moines’ architecture, have been scheduled for the 2023. The dates include May 12, June 9, July 14, Aug. 11, Sept. 8 and …
Read MoreAnkeny school district buys 40 acres of farmland east of I-35
The Ankeny school district has purchased nearly 40 acres in a rapidly developing area east of Interstate Highway 35, Polk County records show.
The school district paid Hope K Farms LLC $2.98 million for the undeveloped …
Read MoreHere’s how panelists describe Des Moines’ commercial real estate sector
A sold-out crowd of over 400 people attended the Business Record’s annual Commercial Real Estate Forum on April 19 at the Sheraton West Des Moines Hotel.
Panelists included Matt Anderson, Des Moines’ deputy city manager; …
CBRE, JLL release first quarter office market reports
The percentage of vacant office space in the Greater Des Moines area inched upward in the first quarter of 2023, market reports from CBRE Inc. and JLL show.
The Des Moines area has over 18.1 …
Read MoreNotable transactions in Polk, Dallas counties
Polk County
Four Mile RE LLC, managed by Hubbell Realty Co., paid NGR Inc. $2.4 million for undeveloped property along Northeast 29th Street/Southeast Four Mile Drive in Ankeny, Polk County real estate records show. In …
Reports: Industrial vacancy rates rise as new space comes available
The completion of six industrial projects in the Greater Des Moines area added over 2 million square feet of warehouse and flex space to the market, increasing vacancy rates in the sector, first-quarter market reports …
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