Posts by kbolten
Office property in Johnston sold for $30 million
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 …
Read MoreWhat’s the outlook for new commercial projects in 2024?
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 …
Read MoreCushman & Wakefield releases fourth-quarter office market report
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. …
Read MoreNational storage, moving company buys land in Urbandale
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 …
Des Moines area’s industrial vacancy rate at 5.1% in fourth quarter
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 …
Read MoreHubbell’s Tollakson inducted into ISU department’s hall of fame
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 MoreMicrosoft buys land in Van Meter for another data center campus
Technology giant Microsoft Corp. has acquired 377 acres of farmland in Van Meter’s Vision Park, an area on the southeast part of the Dallas County community that a decade ago was identified for business development.…
Read MoreSoutheast Connector project expected to spur industrial growth in Des Moines, Pleasant Hill
The extension of MLK Parkway from 30th Street in Des Moines to Pleasant Hill will open the area to further industrial development and placemaking opportunities, while creating a more direct pathway from Des Moines to …
Read MoreNeumann Monson Architects announces staff promotions
Three people have been promoted to principals at Neumann Monson Architects, which has offices in Iowa City and Des Moines. They include:
Lyndley Kent• Lyndley Kent, now a principal in the firm’s Des Moines office. Kent …
Read MoreMacri awarded Counselors of Real Estate designation
Mike Macri, a vice president in CBRE Inc.’s West Des Moines office, has been awarded the Counselor of Real Estate designation by The Counselors of Real Estate, the organizations announced.
Mike MacriThe Counselors of …
Read More