State: Iowa - IA

REJournals.com VanTrust Real Estate will break ground soon on the second building at the Altus Commerce Center in Altoona, Iowa. The Kansas City, Mo., developer is constructing the 496,800-square-foot industrial building on a 75-acre site at NE 62nd and NE ...

REBusiness Online Construction is underway on the Russell Industrial Park, a 1.4-million-square-foot industrial property in Davenport, Iowa. Russell, a Davenport construction and development company, is building the property on a 95-acre site at 8730 Northwest Blvd., about 50 miles east ...

The Opus Group has broken ground on Commerce Crossings, a 195,500-square-foot industrial building in Bondurant, Iowa, about 12 miles northeast of Des Moines, Iowa. The Minnetonka, Minn., developer is building the property on a 24.3-acre site at the northwest corner ...

The Annex Group has lined up $58.3 million of financing for the development of Union at Wiley, a 180-unit apartment property in Cedar Rapids, Iowa. The Indianapolis developer received a $27 million construction loan as well as $18.3 million of ...

Mesirow Realty Sale-Leaseback Capital is offering for sale a newly built industrial property with 2.68 million square feet in Bondurant, Iowa, about 12 miles east of Des Moines, Iowa. The property is fully leased to Amazon.com Inc. Avison Young has ...

Spruce Capital Partners has acquired a portfolio of six apartment properties totaling 507 units in the suburbs of Des Moines, Iowa, for $56.7 million, or about $111,834/unit. The New York investment manager bought the portfolio from BBK Apartments of Ankeny, ...

Four Mile Capital has paid $25 million, or $115,741/unit, for the 216-unit Bricks Waukee East apartment property in Waukee, Iowa, the fastest growing city in the state. The Louisville, Colo., investment manager funded its purchase with a $16.25 million loan ...

Commercial Real Estate Direct Staff Report The $43.6 million CMBS loan against the 856,064-square-foot Valley West Mall in West Des Moines, Iowa, has been transferred to special servicing because it's expected to default. The transfer was highlighted this morning in ...