WEST DES MOINES, IOWA (January 9, 2017) – Hubbell Realty Company today announced their acquisition of the office building located at 1963 Bell Avenue in Des Moines. The acquisition provides the opportunity to create a modern, suburban style office building with excellent amenities and connectivity to the downtown environment. Located at Fleur Drive and Bell Avenue, this 111,000 square foot, four-story corporate office building will offer a single tenant or multiple tenants a unique setting. 

Historically, the building has been home to a single owner occupant but Hubbell’s improvements to the property will make it an attractive option for a single occupant or multiple tenants ranging in size from 5,000 to 111,000 square feet. 

“This acquisition is appealing to us because we believe that we can re-position this asset to take advantage of a market that is favoring office space located close to downtown with modern amenities and onsite parking,” said Steve Niebuhr, senior vice president of acquisitions and redevelopment at Hubbell Realty Company. 

Improvements will include a new entry feature, new and updated windows, a new rooftop patio, exterior lighting which will increase visibility and activate the building, and improved monument signage. The enhancements to the property will begin immediately and are scheduled to be completed by the end of the summer.

The rooftop patio, an attractive tenant amenity, will face north, providing an amazing view of the downtown skyline. There are also plans to enhance the physical connection to the trail system which will provide tenants direct access to Gray’s Lake and Water Works Park. 

The location of 1963 Bell provides tenants ease of access to all parts of the metro with five minute drive times to I-235, the Hwy 5 bypass and Des Moines International Airport. 

“1963 Bell offers tenants the advantages of close proximity to a vibrant downtown while enjoying the benefits typically reserved for a suburban setting including large, flexible floor plans, ample onsite parking, green space and access to recreational activity,“ added Niebuhr. 

For leasing information, please contact: 
CBRE|Hubbell Commercial – 515-224-4900 
Tyler Dingel, tyler .dingel@cbre-hubbell.com 
Riley Hogan, riley.hogan@cbre-hubbell.com 

###

About Hubbell Realty Company 
Hubbell Realty Company is a leading commercial and residential developer and commercial property management firm. Headquartered in West Des Moines, Iowa, Hubbell Realty Company has 33 residential communities and 12 business parks. Always breaking new ground, Hubbell Realty Company has been a catalyst for growth in Greater Des Moines and can trace its presence in Iowa back to 1856.