From the Bob’s Blog
Employment and Population Trends in the Des Moines Area
As part of its annual Real Estate Market Survey, CBRE tracks employment and population trends in the greater Des Moines area. This is a summary of those trends. Overall, the Des Moines MSA employment improved in 2011, up 2,800 jobs from 2010, with the biggest gains in education, healthcare and construction. Iowa Work Force Development indicates [...]
Update on Des Moines Area Regional Malls
CBRE has just released its 2012 Real Estate Market Survey. The following summarizes the past year for the four regional malls in the greater Des Moines area. The malls are Valley West Mall, Jordan Creek Town Center, Merle Hay Mall and Southridge Mall. Southridge Mall has historically had the highest vacancy and has struggled with [...]
Update on Des Moines Industrial Market
CBRE has prepared its annual Real Estate Market Survey for 2012. I was selected to present the industrial sector at the reception held on February 23. Here’s a summary: For purposes of our survey, we include warehousing, manufacturing and flex space. This market is roughly 50 million sf, and encompasses over 1000 buildings. These number [...]
Three Pitfalls Of Waiting To Buy Commercial Real Estate
People who continually wait to invest in commercial real estate may find themselves priced out of the market, looking at fewer properties or fighting other buyers. Although current prices are down from the peak of 2005 to 2007, these values are substantially higher than they were 20 or 30 years ago. For long-term investors, there [...]
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