Hubbell Realty Co. this month began construction for Forge65, a 162-unit townhouse and apartment development located on about 8 acres south of Iowa Highway 163 at Northeast 60th Street in Pleasant Hill.
Costar, a real estate information and analytics company, reported that the stabilized vacancy rate for the Des Moines area is 5.18%; the vacancy rate in the Forge65 submarket area is 2.6%.
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