Posts Tagged ‘commercial real estate’
How will sale of Wells Fargo properties at discounted prices affect other office properties? It’s too soon to know, experts say
It will take several months, if not a few years, to understand the effects Wells Fargo’s sale of Des Moines-area properties at discounted prices will have on the office market and property valuations, real estate …
Read MoreTrailside Tap in Ankeny clearing path toward expansion
Trailside Tap could break ground on an expansion this fall that would nearly quadruple the size of the bar and restaurant in Ankeny’s Uptown neighborhood.
The 2,600-square-foot business, at 710 S.W. Third St., continues to …
Read MoreOffice 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 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 MoreCBRE, JLL release fourth-quarter office market reports
The percentage of vacant office space in the Greater Des Moines area shrunk slightly between the first and fourth quarters of 2023, market reports from CBRE Inc. and JLL show.
The Des Moines area has …
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