NOTABLE TRANSACTIONS: Boston-based REIT buys Ankeny warehouse for $22.8 million
STAG Industrial Holdings LLC, a real estate investment trust based in Boston, has purchased a recently completed Class A warehouse in Ankeny, paying $22.8
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STAG Industrial Holdings LLC, a real estate investment trust based in Boston, has purchased a recently completed Class A warehouse in Ankeny, paying $22.8
Real estate developer and investor Richard Hurd in September purchased two West Des Moines properties on which eating establishments are located. Hurd, th
Real estate developer and investor Richard Hurd in September purchased two West Des Moines properties on which eating establishments are located. Hurd, th
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Despite the pandemic, e-commerce growth is fueling the demand for warehouse spaces in the Twin Cities metro. For just about everyone in commercial real estate, the Covid-19 pandemic has brought economic challenges. Many offices are sparsely occupied, and the leasing outlook is uncertain. Many retail tenants are going bankrupt or closing stores. Hotels have seen the worst year that anyone can remember, because travel in the United States has dropped so much. But there is one bright shining star: industrial property. Demand just keeps growing. The pandemic has meant that people everyw...