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As we continue to be a vital part of the Siouxland community and the commercial real estate market, we are constantly developing and deploying the most sophisticated communication resources. To assist our clients NAI LeGrand & Company 's blog will provide informative commercial real estate, appraisal and property management knowledge from a seasoned team of professionals with over 230 years of combined real estate experience. Offering these services to our customers and colleagues has placed NAI LeGrand & Company in the forefront of technologically advanced commercial brokerage and appraisal companies. We look forward to hearing from you.

Tuesday, June 30, 2009

Promenade complex lands first retail store

A wedding and event planning business expects to open July 1 next to the Promenade Cinema 14 in downtown Sioux City.

6 South Designs is relocating from the Southern Hills Mall to the Promenade Complex.

6 South Designs becomes the first business to locate in the commercial space that wraps around each side of the 14-screen theater.

A California-based developer, Civic Partners, built the $13 million complex. NAI LeGrand & Company's Arlene Curry and Ritch LeGrand brokered the deal for Civic Partners.

6 South Designs carries a large selection of dresses, formal wear, custom jewelry, handbags and other accessories for weddings and other special occasions. The store assists brides and grooms in planning their big day, lining up everything from rental halls to limousines.

"We're basically a one stop shop for weddings and events," Desch said. The new store will add some new items, including men's shoes and formal wear for little boys, she said.

6 South Designs will take up nearly half of the 4,600 square feet of the unfinished commercial space on the west side of the theater. Another 7,000 square feet is available on the east side. LeGrand & Company, a Sioux City commercial real estate firm, is working with other prospects, including a proposed restaurant interested in a sizeable amount of space in the east end.

Thursday, June 18, 2009

New Lakeside and Riverside lots in Dakota Dunes

Spanish Bay is being built on 63 acres in the extreme southeast corner of Dakota Dunes.

The development's centerpiece is a 22-acre man-made lake carved out of a wooded area just east of the seventh green and eigth tee on the golf course and fronting on the river. Of the 47 home lots, 27 are on the man-made lake and 17 are on the river.

Just four riverfront lots and eight lakefront lots remain for sale.

The 25-foot-deep lake will be fed by wells and maintained with geothermal heat pumps.

Lots are generally three-fourths of an acre and start at $85,500, ranging up to $275,000.

Friday, June 5, 2009

Historic Badgerow Building finds owner

The Badgerow Building has been sold to a southern California investment group that plans to restore the historic downtown structure.

The Badgerow, considered the premiere example of Art Deco architecture in the city, features a unique design that includes a row of Indian silhouettes along the rooftop and is listed on the National Register of Historic Places.

Mako One Corp. acquired the vacant 12-story building at 622 Fourth Street from an Illinois attorney.

The long range plans are to redevelop the building with a mixture of high-tech data centers, office and commercial uses. The estimated costs are roughly $11 million prior to tenant improvements.