Real Estate and Development

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Subway slated for Altoona

Mid-Iowa Subway Inc. is developing a 2,080-square-foot restaurant at 1001 N. Hickory Blvd. in Pleasant Hill. The stand-alone Subway will be located on the former site of a Phillips 66 gas station, which closed about …

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More affordable housing for Anawim

Anawim Housing is set to break ground on a multifamily housing project Thursday near the intersection of Forest Avenue and 23rd Street in Des Moines. The 16-unit building is part of a collaborative effort by …

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Grubb expands agreement with CoStar

Grubb & Ellis Co., one of the largest commercial real estate services and investment firms in the world, will begin offering to its nearly 6,000 professionals expanded access to industry information provided by CoStar Group …

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A complicated company becomes more nimble


An organizational contraction at The Weitz Co. can be attributed in part to the weak economy; otherwise, the 155-year-old company is smaller today because of its ability to plan ahead.

Earlier this year, the employee-owned …

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A per-Plexing problem


Now that Veterans Memorial Auditorium is finally undergoing rehab – it’s basically a good building that got involved with the wrong crowd – we need to get serious about the future of the Polk County …

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Pending home sales rise surprises economists

The Pending Home Sales Index rose 10.4 percent to 89.3 based on contracts signed in October, according to the National Association of Realtors (NAR).

The 10.4 percent increase was a record, according to Bloomberg, and …

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NAR: Commercial vacancy rates may have peaked

Commercial property vacancy rates in the United States may have peaked, and the multifamily rental market is leading the way toward higher occupancy, Bloomberg reported.

The National Association of Realtors (NAR) said Monday that the …

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Distressed property listings to grow

Interest in distressed commercial properties is growing around the globe, PropertyWire reported. Respondents to a survey conducted by the Royal Institution of Chartered Surveyors said they expect the United States, Ireland, Spain, Portugal, Hungary and …

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Troubled CRE loans plague small banks, small businesses

The U.S. economy is showing signs of improvement, but the problems confronting community banks may hinder the growth of small businesses, The Huffington Post reported.

Many small banks are facing balance sheets full of troubled …

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CBRE wins international award

Los Angeles-based CB Richard Ellis Group Inc. (CBRE) was named the “Best International Property Consultancy” of 2010 at the International Property Awards, which were announced on Nov. 27 in London. CBRE also received the “Best …