News

Baker Group is opening a 90,000-square-foot facility in Altoona as it expands its off-site modular prefabrications operation. In a news release, officials with Baker said the new facility brings to 239,000 square feet of space the company has dedicated to its modular operation, helping to accelerate project delivery and enhancing operational efficiency with real-time process…

Positive absorption, higher rental rates and historically low vacancy rates have helped buoy the Des Moines area’s retail market, according to CBRE Inc.’s third-quarter market report. In recent months, two large chunks of empty retail space have been removed from the market, pushing the vacancy rate in the metro area to 3.6%, slightly lower than…

U.S. Bank’s branch office at 3738 Westown Parkway in West Des Moines is being remodeled to have a modern atmosphere. “The branch looked like a very traditional bank branch,” said Amy Anderson-Vali, U.S. Bank’s branch banking market leader for Iowa. When the remodel is completed in about six months, the branch will include customer engagement and digital centers, Anderson-Vali…

Dynamic Storage Bondurant East LLC, based in Okoboji, paid Farmers Elevator Co. (Landus Cooperative) $1.89 million for property at 2020 Second St. N.E. in Bondurant, Polk County real estate records show. The group stopped using the elevators in 2021. Scott Turczynski, a managing partner of 101 LLC, is partnering with the city of Bondurant to redevelop the…

When Shannon Lerda’s e-commerce business took over her family’s home in Omaha, she began looking for warehouse space where she could store supplies and package goods bought by customers. Lerda wanted to lease up to 1,000 square feet of space in a building that had a loading dock and a one-year lease. She quickly learned what…