Category Archives: Des Moines commercial real estate

Opus commits to spec industrial development in Des Moines

by Dan Rafter How tight is the industrial market in the greater Des Moines area? Jason Conway, director with Opus Development Company, says that vacancy rates in this sector here are in the 2-percent to 3-percent range. That’s pretty low, … Continue reading

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Apartment boom hitting all of the Midwest’s major markets

by Dan Rafter Christy Lockridge, principal with the Chicago office of Prudential, has seen the trend: Today’s renters increasingly want to live in the center of urban areas. They want to live near public transportation. They want to be able … Continue reading

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NAI Optimum’s Marcus Pitts: The right attitude for success

by Dan Rafter Marcus Pitts simply wouldn’t let the economic slowdown hurt his business. And that, more than anything, explains why Pitts ranked as the top producer at West Des Moines, Iowa-based NAI Optimum last year. “You have to in … Continue reading

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Hipsters surprisingly fond of the Midwest

by Dan Rafter Where do the hipsters live? Wherever there are trendy bars, restaurants, coffee shops and night spots. There are plenty of such places across the country and in the Midwest, and online foreclosure provider RealtyTrac recently took on … Continue reading

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Good companies one of the secrets to Des Moines’ strong CRE market

Kevin Crowley, commercial sales manager with the West Des Moines office of Iowa Realty Commercial, says that there’s an important reason why the Des Moines commercial real estate market not only survived the economic downturn but is in the middle … Continue reading

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First Hospitality Group finds a niche: Turning historic buildings into modern, yet charming, hotels

Rosemont, Ill.-based First Hospitality Group is doing its part to rejuvenate the downtowns of cities across the Midwest, redeveloping historic buildings into busy hotels. It’s a niche business that has paid off for both the company and the cities in … Continue reading

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A steady rebound in Des Moines commercial sectors, CBRE|Hubbell Commercial

Steady. That’s the best way to describe the commercial real estate segments in the Des Moines area, according to two surveys recently released by Des Moines-based CBRE|Hubbell Commercial. The 16th annual Des Moines Metro Real Estate Market Survey, prepared by … Continue reading

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