Business Journal May 2018

Page 1

Vol. 23 No. 7 PO Box 118, Sioux City, Iowa 51102

May 2018

TOURISM ISSUE

CHECKING IN

Metro area attracts more upscale hotels INSIDE THIS MONTH’S ISSUE: South Sioux City picked for tax incentive program PAGE 4

Trio push $13M plan for youth sports arena PAGE 9


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Siouxland Business Journal, May 2018

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Coming in the near Future!

Helping grow and improve the accommodations for our Siouxland seniors!

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Siouxland Business Journal, May 2018 3

BusinessJournal Ron Peterson, publisher Dave Dreeszen, editor Siouxland Business Journal is published monthly by Sioux City Newspapers Inc., in cooperation with the Siouxland Chamber of Commerce. Requests for a free subscription or address changes should be sent to: Kevin McGarry Siouxland Business Journal Box 118 Sioux City, Iowa 51102

Editorial copy should be sent to: Dave Dreeszen Siouxland Business Journal editor Box 118 Sioux City, Iowa 51102 dave.dreeszen@lee.net For more information: Editorial: (712) 293-4211 or 800-397-9820, ext. 4211 Advertising: (712) 224-6279 or 800-728-8588 Circulation: (712) 293-4258 or 800-397-2213, ext. 4257 On the web: www.SiouxlandBusinessJournal.com

ON THE COVER

Index Chamber anniversaries.................................... page 17

Ribbon cuttings.......................................pages 15 & 16

Chamber investors........................................... page 17

Rush Hour Connect................................pages 14 & 15

Justin Wan, Sioux City Journal

Slated to open sometime this year, this 92-room Holiday Inn Express will also have an 11,000-square-foot events center that people are already trying to reserve for weddings.

On the move...............................................pages 7 & 8

NEW/FOR SALE

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3N leased to National Women’s Clothing Retailer Maurices, a subsidiary of the Ascena Group. 5,000 sf quality building in very good condition built in 2011 at the entrance to Super WalMart. 10% Cap Rate!

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721-23 Lake Avenue, Storm Lake, IA

707 4th Street

Former Legacy Steakhouse & Lounge. Approximately 7,500 sf, newly remodeled warm & inviting with 7,500 sf parking lot on nearly half-acre of land. Perfect for an owner/operator or as an investment property. Excellently located just off Highway 7, nearly 5,000 VPD. Minutes from Kings Pointe Water Park, Buena Vista University, Chatauqua Park & Storm Lake.

193 room, 12-story Howard Johnson Hotel in downtown Sioux City with skywalk connection to the Sioux City Convention Center, Orpheum theater, shops & restaurants. 1st floor lobby, restaurant & bar; 2nd floor pool, banquet/meeting rooms, fitness center & business center; 12th floor banquet/ ballroom & reception with great view.

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Commercial Real Estate Services SALES - LEASING - PROPERTY MANAGEMENT - INVESTMENTS salemrealestate.biz 700 Pierce St. Sioux City, IA EXPERIENCE. KNOWLEDGE. SUCCESS. CALL 712-224-4100 TODAY!

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712.204.2727 419 Nebraska Street

4125 Gordon Drive

Income investment two-story commercial building for sale in downtown Sioux City. Currently being used as 2 retail offices for Susan G. Komen & Siouxland Coin & Jewelry. Second floor opportunities to renovate, redesign & recreate.

Spaulding Center 2,250 sf office space on busy Gordon Drive for lease. 6 private offices, waiting/reception, conference, work room & break room. Good signage, exposure & off-street parking. Sprint & Earl May Garden Center adjacent..

2520 Dakota Ave, SSC Very nice, well built 12,000 sf office/shop/warehouse on busy Dakota Ave. 4,400 sf front area has waiting & reception area, 7 offices, large conference room, 2 large display rooms & 2 handicap restrooms. Shop/ warehouse is clear & open with 10’x12’ drive-in doors. Off-street parking.

Karla Hertz

Commercial Sales Associate

712.251.6861


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Siouxland Business Journal, May 2018

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Part of South Sioux nominated as ‘Opportunity Zone’ Winnebago, Yankton, Vermillion also picked for federal tax credits IAN RICHARDSON

Business Journal staff writer‌

SOUTH SIOUX CITY – State officials in Nebraska and South Dakota have nominated five Siouxland census tracts to be designated as “Opportunity Zones,” meaning they could receive fut u r e i n - Welch ve s t m e n ts through a new federal program meant to spur development. In Nebraska, the nominated tracts include the northern portion of South Sioux City and the northern portion of Thurston County that includes the

Winnebago reservation. In South Dakota, the zones include the outer areas of Vermillion, a portion of western Yankton and another area west of Yankton. The designated tracts’ nomination as Opportunity Zones mean that businesses and property within those areas will be eligible to receive future investments from “Opportunity Funds” being set up by the federal government. Under the program, private investors will receive tax incentives to reinvest their unrealized capital gains into the Opportunity Funds. Those funds will then invest 90 percent of those dollars into the qualifying low-income census tracts.

The program is part of the Federal Tax Cuts and Jobs Act of 2017, which President Trump signed into law late last year. The Opportunity Zones are intended to draw from the billions of dollars of capital gains in the U.S. as a result of the robust stock market. To qualify, the census tracts must have a poverty rate of 20 percent or greater or family income at less than 80 percent of the area’s median income. States can nominate up to one-fourth of the qualifying census tracts. South Sioux City’s designated census tract sits north of 29th Street and includes approximately 6,500 residents, or about half of the city’s population of 13,120. The area had a poverty rate of 28 percent and an unemployment rate of 13.4 percent, according to statistics

cited by the U.S. Department of the Treasury. Nate Welch, executive director of the Vermillion Area Chamber & Development Company, said the Vermillion census tract receiving the nomination includes the city’s three industrial parks, as well as space for future housing projects. The Thurston County tract, which includes all of the Winnebago Tribe’s reservation in northeast Nebraska, had a poverty rate of 26 percent and an unemployment rate of 15 percent, according to the Department of the Treasury. Lucas LaRose, corporate counsel for Ho-Chunk Inc., the economic development corporation for the Winnebago Tribe, said he believes the incentives will help fund a pipeline of future development projects on the reservation.

Jim Lee, Sioux City Journal

South Sioux City is shown on the south side of the Siouxland Veterans Memorial Bridge in a file photo. Northern areas of South Sioux City have been designated by the state of Nebraska as an “Opportunity Zone,” meaning they could receive future investments through a new federal program meant to spur development.

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The Home Builders Association of Greater Siouxland’s Project Home, 736 Brentwood St. (Woodbury Heights) is nearing completion.

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Siouxland Business Journal, May 2018 5

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Thiss home h will ill feature fe t e 1588 sq. s ft. with 3 bedrooms, a master bedroom with master bath and large walk-in closet, living room with vaulted ceiling, safe room in the basement, and a 2 stall garage. Contact the Home Builder’s Association if you’re interested in purchasing this home. Equal Housing Opportunity.

Quiet WaterFurnace geothermal systems are designed and constructed for quiet operation. Reliable Geothermal systems have proven to be very reliable and require less maintenance. Environmentally Friendly Geothermal systems are the most environmentally friendly way to heat and cool your home.

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Siouxland Business Journal, May 2018

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CHANGING LIVES ONE JOB AT A TIME “ I just like to pay my own

bills and have a nice life. ” That pretty much sums it up for Floyd. The Sioux Center, Iowa man finds pure joy in being able to go to work to stock shelves, load vans and clean up other people’s messes. His job at ServiceMaster in Sioux Center, Iowa is giving him more than just a paycheck. It’s providing him a livelihood and giving him the opportunity to bring value to his community. Floyd is one of the many individuals who found competitive employment in the community thanks to the partner agencies of Sioux Rivers Partners. This unique partnership of five Iowa agencies works together to bring awareness to local businesses about Iowa’s untapped and very capable workforce.

“Ask anyone in town and they’ll tell you staffing is a big issue,” says Sioux Center ServiceMaster manager, Josh Christians. “We had a need to have someone help us out with all sorts of tasks… we contacted them and it worked.” said Christians. “Floyd makes work fun. He’s energetic— more energetic than anyone I’ve ever met. He’s a huge part of our culture here.” “We were looking for some creative ways to integrate other assets in the community, as well as just looking for a different avenue from a hiring and recruiting standpoint,” said Nicole Ellermeier, Executive Director of Whispering Creek in Sioux City, Iowa. “I wouldn’t have guessed two years ago that it would have been this successful. We found two of our more tenured employees through the process.”

meals that need to be brought to residents. She too is a shining example of how Iowa businesses can benefit from hiring some of the state’s most capable and untapped workforce. But the benefits to Stephanie go far beyond a paycheck. In the years since joining the retirement community, she has flourished – volunteering to perform extra duties, making friends with her coworkers and bringing smiles to the residents of Whispering Creek.

Stephanie, a member of the Sioux Rivers Partners organizations, works in the kitchen at Whispering Creek cleaning dishes, organizing them, and coordinating any

Working with Sioux Rivers Partners, Bob Taylor, a Human Resource Manager at Hy-Vee in Sioux City, Iowa, says he has found an employee that is a role model for all who work at the store. “Sara is always positive. Always ready to go. Always friendly with everyone. And that’s very important,” he said. “[Sioux Rivers Partners] contacted me about placement and coaching, and I said ‘we’d love to try that.’ And she’s been a great influence all around. When you talk to the people who work right next to her, day in and day out, they’re are always happy to see her,” said Bob. “That’s what inspires me most about her. If everyone would be like her…it would be wonderful.”

For more information on how to become a Valued Workplace and employer member of Sioux River Partners, please visit SiouxRiversPartners.org

All jobs are important and having meaningful employment can make a big difference in someone’s life. That’s the message the member organizations of Sioux River Partners want all Iowa businesses to know. Meaningful employment empowers people of all abilities, giving everyone the chance to find dignity, value and a livelihood through an honest day’s work. “It’s been a pleasure and a joy to partner with Sioux Rivers Partners,” concludes Ellermeier. “The culture you can create, seeing someone’s life improve…it’s more than just filling a spot.”

DIGNITY VALUE LIVELIHOOD


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Siouxland Business Journal, May 2018 7

Beth Hughes named new president of Mercy Medical Center TY RUSHING

Business Journal staff writer‌

SIOUX CITY — Beth Hughes has been named the new president of Mercy Medical Center-Sioux City. Hughes replaces Jim FitzPatrick, who stepped down in August after three years in the role. She was chosen after an extensive national search and interview process which

included members of Mercy’s management staff, medical staff and board of Hughes directors. Hughes comes to Mercy from The Advis Group in Mokena, Illinois, where she currently serves as vice president of hospital operations and

strategy. An experienced administrator, Hughes has worked in health care for nearly three decades. Prior to her role job in Mokena, Hughes led St. Elizabeth’s Medical Center in Boston. While there, she grew several lines of service and increased the patient referrals to St. Elizabeth’s by 18 percent. While in Chicago — she

worked for two hospitals there — Hughes managed construction of a 200 bed, $144 million patient tower as the executive vice president and chief of operations at St Joseph Medical Center where she was later named president. “I am inspired by the vision, energy, and passion of the board, physicians and management team, who, along with a dedicated and

caring staff, have created an excellent organization,” Hughes said, in a release. “It is an honor to have been selected to serve as the president of Mercy Sioux City, and I look forward to joining a truly exceptional group of colleagues in continuing the important work of delivering high quality, compassionate care to our communities and to advancing our mission in ways yet to

OnTheMove Sioux City native is Postal Service VP WASHINGTON – Jacqueline Krage Strako, a Sioux City native, was named acting chief customer and marketing officer and executive vice president of the U.S. Postal Service earlier this month. She reports to the Krage Strako Postmaster General and is responsible for all domestic and international products marketing, development and management; and for the Customer Relations, Product Innovation, Marketing, Global Business, and Sales organizations; as well as the Customer Care Centers, and Stamp Services. Krage Strako leads all corporate strategies and initiatives to improve the customer experience, aligning the Postal Service’s goals to effectively meet customers’ needs and build a more customer-centric organization. Prior to this role, Krage Strako was Vice President of Area Operations for the Great Lakes Area. Her responsibilities included the oversight of a $12.3 billion annual operating revenue

as the senior program direc- and Michael Wojcik. tor at the YMCA of Greater Soukup has been an iInDes Moines at the Ankeny vestment officer at Pioneer since 2006. He has extenand a workforce of 61,119 YMCA Branch. sive experience assisting employees delivering postal products and services to individuals and companies 36 million customers at 16 with retirement planning million addresses through programs, wealth manage32 mail processing plants ment strategies and estate and 3,723 delivery and replanning activities. His primary office will be at tail units. the Pioneer Bank Building Streck Soukup Robson named new in Dakota Dunes; however, he is available to meet with CEO of YMCA customers at any of the five Pioneer Bank locations. SOUTH SIOUX CITY – The Executive Board of Mullins has 12 years of experience as the senior the Norm Waitt Sr. YMCA New Account representain South Sioux City announced the selection of tive at Pioneer’s Sergeant Bluff office. Mullins’ role Rhonda Robson from the Mullins Wojcik will expand as the ConGreater Des Moines area sumer Services Manager at as the new Pioneer Bank names the new Dunes office with CEO of the responsibilities Dunes leadership team additional in teller management and YMCA. Robson DAKOTA DUNES – Pio- consumer lending. will be welneer Bank recently opened Wojcik joined the bank its newest branch in Dakota staff as a full-time teller in comed at a community Robson Dunes and curated a new 2016. He has since been proopen house leadership team to oversee moted to lead teller and will at the Y on March 9. the branch. oversee teller operations at Robson is a graduate of The new office will be the Dunes office. Drake University in Des led by Beau Streck, senior Moines, where she earned vice president/commercial Keller Williams hires a degree in business man- lender. Streck has more two; five graduate agement. She is also pur- than 10 years of banking exsuing a master’s degree in perience and joined Pioneer from program business administration Bank in 2014. In addition from Concordia Univer- to his commercial lending SIOUX CITY – Keller sity. Robson brings more responsibilities he also di- Williams Siouxland rethan 17 years of Y experi- rects the Mortgage Lending cently had five of its agents ence to the Norm Waitt Sr. and Business Development graduate from the compaYMCA, most recently as efforts of the bank. ny’s Ignite business course. Joining the Dakota Dunes associate executive direcPassing the course were tor of the YMCA of New- leadership team are Rick Suzanne Davis, Kelsey ton, Iowa. She also served Soukup, Tiffani Mullins L a n g l ey, Me ga n D e

Davis

Langley

De Young

Butters

Pearson

Weaver

Yo u n g , Todd Butters and Janel Pearson. Ke l l e r Williams also recently Merchant we l co m e d Teresa Weaver and Justin Merchant to its team.

IBC adds two managers to health benefits team SIOUX CITY – IBC, a Sioux City-based insurance and employee benefits provider, recently hired Amy Jurich as an account manager to the Health Benefits

be discovered.” At Mercy, Hughes will oversee the system’s 238bed medical in Sioux City, which serves residents in 33 counties across the tri-state area. Hughes is slated to start her new role in May and she will report directly to Bob Ritz, president of Mercy Health Network, which Mercy Sioux City is a member of. Team. She has been in the i n s u ra n c e industry for more than 16 years and focuses on Jurich group benefits and excellent customer service. IBC also recently hired A.J. Hanscom Hanscom as risk manager to assist in that division. Hanscom has spent the last 10 years working in safety and business management.

CMBA hires Anfinson as interior designer SIOUX CITY – Hannah Anfinson has joined CMBA Architects’ office in Sioux Anfinson City as an interior designer. Previously, she worked for Davis Partnership Architects in Denver, Colorado. Anfinson received her bachelor of fine arts in interior design from Iowa State University. She is an associate member of the International Interior Design Association (IIDA).


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OnTheMove Zeller joins Keller Williams SIOUX CITY – Madison Zeller, formerly of Century 21 ProLink, has joined the Zeller Keller Williams Siouxland team.

through coaching and supervision of the career and technical education teachers. Towler holds a bachelor’s degree in English and religion from the University of Iowa, a master’s degree in education from the University of Phoenix, and a specialist degree in PK-12 administration from the University of South Dakota. She has been with the Sioux City Community School District since 2005.

Towler to shift from West Middle to Career Chadwick joins Sterk Academy Financial SIOUX CITY– Katie

To w l e r , the current West Middle School principal, is being promoted to the principal of t h e S i o u x Towler City Career Academy in order to oversee both its physical growth and increased student population. Towler will begin her role as principal of the Sioux City Career Academy on July 1. In this role, she will be the key facilitator of change to positively affect student achievement. Towler will also focus on fostering the development of leadership

DAKOTA DUNES– Mary Sterk, owner of Sterk Financial Services has announced the addition of Julie Chadwick to the Dakota Dunes firm. Chadwick w i l l j o i n Chadwick Sterk Financial Services as a financial planner specializing in retirement planning and investment management. Chadwick has more than 15 years of experience in the financial industry.

Liska joins Diocese of Sioux City SIOUX CITY – The Diocese of Sioux City named Allison Liska as director of planned giving and annual gifts. Liska will help develop and implement initiatives to support the diocese, Catholic schools, and churches. She comes to the dioce se f ro m The Salva- Liska tion Army of Siouxland, where she served at the director of volunteers and development

for the last three years. Liska is a member of Holy Cross Parish in Sioux City with her husband, Cole, and their two young children, Emily and Maxwell. She is originally from Sioux City and a graduate of Bishop Heelan High School and Wayne State College.

Lichter graduated with a bachelor’s degree in Radiologic Science from North Dakota State University and earned a master’s degree in healthcare administration from Bellevue University. She is a board certified Vascular Interventional Technologist.

Hoos-Thompson joins Security National Luke’s Sunnybrook Bank promotes Hirsch SIOUX CITY – Dr. Shannon Hoos-Thompson has joined UnityPoint Health – St. Luke’s Cardiology Services and Cardiovascular Associates (CVA). H o o s Thompson received her doctor of medicine degree, co m p l e te d her residen- Hooscy and her Thompson fe l l ows h i p at Creighton University in Omaha. She is board certified in internal medicine and cardiology. Hoos-Thompson will be based at St. Luke’s Sunnybrook Medical Plaza.

Mercy names Radiologic director SIOUX CITY – Mercy Medical Center – Sioux City has announced the appointment of Erin Lichter as director of Radiologic Services and Neurophysiology. Litchter started her career as an X-ray tech- Lichter nologist for 10 years and an interventional radiology tech for six years. Most recently she worked as an instructor for the radiology program at Southeast Community College, as well as a manager at an urgent care clinic in Lincoln, Nebraska.

SIOUX CITY – Security National Bank has promoted Stephanie Hirsch to financial advisor with Security National Financial Services. Hirsch will advise i n d iv i d u a l clients, developing relationships and helping Hirsch them accomplish their unique financial objectives. Hirsch holds a master’s degree in administrative studies, and a bachelor’s degree in business administration and finance — both from the University of South Dakota. She has been a sales assistant at Security National Financial Services since 2015. Prior to that, Hirsch held sales and compliance roles at various organizations in Sioux City, including Innovative Business Consultants (IBC) and First Administrators Inc. Hirsch is a chairperson on the Village of Jackson, Nebraska, Board of Trustees.

will be responsible for loan portfolio risk management strategies, providing oversight on all aspects of the bank’s credit review program, and coordinating all regulatory loan policy matters. Zeleny joined Pioneer Bank in 2007. She has held various leadership roles with many civic and community organizations. She is the past president of Junior League of Sioux City and is a two-year recipient of the Presidential Volunteer Service Award. She currently serves on the board of directors for Junior Football in Sergeant Bluff. Zeleny earned her bachelor’s degree in business administration from Hastings College in Nebraska. She and her husband reside in Sergeant Bluff with their three children.

Planning and Trust and Estate Councils. Gagnon has been a member of the Wealth Management Division at SNB for the past 18 years. She began as a trust administrator and became a wealth management adviser upon receiving her Certified Trust Financial Advisor designation. Active in the community, Gagnon is also a long-term board member of the Siouxland Humane Society.

Johnson joins Principal Financial

SIOUX CITY – Principal Financial Group announced Alex C. Johnson joined its Dakotas Business C e n te r i n Sioux City. Johnson will serve as a financial Security National Bank r e p r e s e n - Johnson tative and promotes Gagnon Principal Securities RegSIOUX CITY — Tammi istered Representative. Gagnon has Johnson will work closely been named with business owners and a trust ofindividuals to help achieve greater financial secuficer in the We a l t h rity and provide individuManageals, families and business owners assistance in workment Division at Secuing toward their financial rity National Gagnon freedom. Bank, where The Dakotas Business she will work closely with Center is at 3901 Transit both individual clients and Ave. community foundations to develop financial strate- Drew joins Century 21 gies based on their unique ProLink needs. A professional with SIOUX CITY – Century broad expertise and legal 21 ProLink Zeleny promoted at experience in the areas announced Pioneer Bank of trust and estate plan- A n d r e a SIOUX CITY — Pioneer ning, Gagnon is an alumna D rew h a s Bank proof Morningside College joined the and holds a Juris Doctor- f i r m a s a moted Rachel Zeleny ate from the University of sales assoto vice presSouth Dakota’s School of ciate. Law. She is a member of ident/chief S h e w i l l Drew the Iowa, Nebraska and s p e c i a l i z e credit offiSouth Dakota Bar As- in representing buyers and cer. In her new sociations and serves on sellers of properties in the role, Zeleny Zeleny both the Siouxland Estate Siouxland area.


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Siouxland Business Journal, May 2018 9

The Arena to host youth sports $13M project planned next to Ag Center IAN RICHARDSON

Business Journal staff writer‌

SIOUX CITY | Jeff Carlson, Mike Hesse and Dustin Cooper didn’t want to see Sioux City fall behind with the athletic opportunities it offers local youth. So the trio, who all used to play basketball at Sioux City colleges, drew up a plan to build a multi-sports complex in the city’s former stockyards. That plan will become a reality this year, as construction is slated to begin on the $13 million project over the summer, next to the city of the proposed Bomgaars Ag Expo Center. Called The Arena, the more than 80,000-squarefoot youth sports complex will include courts for basketball and volleyball, batting cages, a turfed area, weight room, media room, classrooms, locker rooms and outdoor patio seating. The main court for events and championship games will seat up to 3,000 people and will be capable of holding events ranging from

little league games to Division I college basketball games. “ We f e e l this is going to be a comCarlson plete gamechanger for Siouxland a t h l e t i c s,” Carlson said. “This puts us on the same playing field Hesse with other kids in like co m m u n i ties.” Carlson has said the still-in-development Cooper project will have a feel comparable to the MidAmerica Center in Council Bluffs and the Sanford Pentagon in Sioux Falls, although it will be smaller than the latter. The venue will serve local rec teams and youth tournaments for teams locally and

leAse rAte 7.50 sF NNN

Provided

The above rendering shows the southwest corner and side of The Arena, a multi-sport recreational facility that is in the works. Construction is expected to begin later this year and conclude in 2019.

throughout the tri-state region. “We want to make the dreams of the kids in our community a reality, and through this building we’re going to do that,” Carlson said. The complex will have a general concession area on the first floor and feature an eating and viewing area upstairs with more menu items. That area also will

leAse rAte 8.50 sF NNN

have televisions that can feature national games or closed-circuit video of games occurring inside the venue. Located in the city’s former stockyards, the venue will bring a new look to the area along with the planned Bomgaars Ag Expo Center. The three partners would run the Arena under HCC Enterprises LLC. The city earlier this month entered into a development

agreement that will provide the Arena with more than $1.5 million in assistance through an economic development grant. The trio also presented the first renderings of the project to the City Council, showing the plans for the multi-level facility that will feature glass windows looking out toward Interstate 29 on the southwest side. “This will be the first

thing you see as you’re driving into Sioux City,” Carlson said. “We’re incredibly pleased with how this turned out, and the entrance to Sioux City will be epic.” The project has grown since its original inception, requiring it to be resituated on the spot of land where it will be located. The project will begin later this spring with the re-routing of South Lafayette Street to the west side of the property to allow room for the expanded building. That will be completed prior to the rest of the project to allow continued access to the existing businesses to the south. The road will be constructed by HCC Enterprises and dedicated back to the city. Construction on the road is expected to begin in April or May, with work on the complex to begin in July or August and conclude in summer 2019. When complete, The Arena is expected to complement the Bomgaars Ag Expo Center through events and parking.

gross leAse rAte 12.90 sF

leAse rAte $12.00 NNN

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615 Pearl st. sioux city, iA 51101

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Prime commercial space available on Pearl street near new Launch Pad and directly across the street from new city downtown park/green space. This location is prime for retail, restaurant or office space with a large daily work-force within 1-2 blocks this space. increasing traffic flow and visibility in the historic Pearl street district. Owner will provide a vanilla shell plus a significant tenant improvement allowance of $25.00 psf with a minimum 5 year nnn lease. space may be divided down to 2,037 for 611 frontage or 3,542 for 607 frontage or all 5,579 in one. call for details on design/build/lease process made easy. expenses are estimated and current taxes are not fully assessed.

Prime commercial space available on Pearl street next to Launch Pad and directly across the street from new downtown park/ green space. This location is prime for retail, restaurant or office space with a large daily work-force within 1-2 blocks this space. increasing traffic flow and visibility in the historic Pearl street district. Owner will provide a vanilla shell plus $25.00 psf tenant improvement allowance with a minimum 5 year nnn lease. expenses are estimated and current taxes are not fully assessed.

class A office space available in prime downtown sioux city location. 103 Virginia is 1 block from historic 4th street, Promenade movie theater, 5 minute walk from Hard Rock, 1 block from upcoming riverfront redevelopment, and a block off i-29. second floor suite(s) available in in this fully renovated historic property. The 2nd floor is completely open and ready to be finished to tenant specifications. Owner will provide a vanilla shell plus $25.00 psf tenant improvement allowance with a minimum 5 year nnn lease. expenses are estimated and current taxes are not fully assessed. Listing agent is an officer of the corporation that owns the property.

Various space available Ho-chunk centre, sioux city’s premiere class A office building. suites available from 900 sF to 14,000 sF. Ho-chunk centre is the most spectacular building on the skyline and is a symbol of the aggressive community spirit of growth in downtown sioux city. Ho-chunk centre offers so much more than the ‘normal’ business environment. Ho-chunk centre, a prestigious address, a strategic location! Key amenities include: card access security system, On-site building management/maintenance technicians, Attached skywalk with direct access to city parking ramp, emergency Generators, computer-controlled office lighting, and several conference/Meeting Rooms. All leases are full gross rate and include estimated property taxes, building insurance, utilities, common area maintenance, and janitorial services for a true all in one lease solution. Listing agent is an Officer of the corporation of the building owner.

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Siouxland Business Journal, May 2018

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General manager Ralph Bobian, left, and owner John Gleeson talk, last fall, in a renovated guest room at the Delta Hotels by Marriott South Sioux City Riverfront. In October, the former Marina Inn completed its conversion into a Marriott property, which the Delta brand falls under.

Tim Hynds Sioux City Journal

Hotels check into Sioux City Metro area to gain 3 Marriott-brand properties, Holiday Inn Express TY RUSHING

Business Journal staff writer

SIOUX CITY — Hotel developers are checking out metro Sioux City in droves. Over the last few years, a number of hotel projects have been announced across the tri-state area. Announcements have ranged from building new hotels from the ground up to renovating historic buildings to a multimillion-dollar rebranding effort for one

the region’s premier lodging destinations. So here is a quick recap of some of the recent hotel projects that have made headlines in Siouxland:

COURTYARD BY MARRIOTT, SIOUX CITY

City leaders expect a new downtown hotel adjoining the Sioux City Convention Center will spur fresh interest in the venue, which has seen a recent decrease

in event and conference bookings. North Liberty, Iowabased Kinseth Hospitality Inc. plans to construct a five-story, $21 million Courtyard by Marriott Hotel on the current convention center parking lot. The 150-room hotel, which will eventually attach directly to the venue, is expected to provide a higher-quality staying experience that could lure more conventions

to the area.

DELTA HOTELS BY MARRIOTT SOUTH SIOUX CITY RIVERFRONT, SOUTH SIOUX CITY

Conference Center. Owner John Gleeson spent millions to upgrade the already upscale hotel and its 200,000-squarefoot campus giving it a modern contemporary aesthetic so chic it surpassed the standards set forth by Marriott Inc., the world’s largest hotel chain, which it has partnered with.

A new name and new look but with the same great service. That’s the message leaders at Delta Hotels by Marriott South Sioux City Riverfront want to emphasize to people who know it better by its former moniker, HOLIDAY INN EXPRESS, the Marina Inn Hotel and DAKOTA DUNES

SRK Development, a Yankton-based developer, broke ground on a new Holiday Inn Express in Dakota Dunes last spring and its on track to open later this year. The 92-room hotel will be located on Cottonwood Lane, adjacent to the Malloy Electric building and Interstate 29, and will cost about $12 million to build. What’s really attracted a lot of attention this project


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Siouxland Business Journal, May 2018 11

Justin Wan, Sioux City Journal

Ty Rushing, Sioux City Journal

Work is underway on the upcoming Dakota Dunes Holiday Inn Express. The $12 million hotel and adjacent convention center, shown in a recent photo, is being developed by SRK Development of Yankton, South Dakota.

is the 11,000-square-foot events center being built next to the hotel, which has already been getting calls for reservations, according to Dakota Dunes officials.

WARRIOR HOTEL/DAVIDSON BUILDING, SIOUX CITY

After years of false starts, things are moving full speed ahead with the Warrior Hotel/Davidson Building project, a $54 million endeavor to restore these two historic downtown Sioux City

structures. Sioux City developer Lew Weinberg is spearheading the project and he partnered with Restoration St. Louis, a development company that specializes in historic renovation, to see it to completion. Under the plans, all of the Warrior and part of the Davidson would be converted into a Marriott Autograph brand hotel. Along with nearly 150 rooms, the hotel would include full-service

amenities with a restau- centers, and commercial rant, bar, ballroom, ban- space. quet kitchen, pre-function The Davidson would have space, business and exercise restaurant and commercial

Owner Lew Weinberg poses in front the Davidson and Warrior Buildings in downtown Sioux City in a recent photo. Weinberg is planning a $54 million renovation to both locations in order to create a hotel and luxury apartments.

space on the first floor, 54 hotel rooms on the second through fourth floors, and 22 luxury apartments on the

fifth and sixth floors. The apartments would range from studio to three-bedroom in size.

Below is a rendering of the Courtyard by Marriott hotel planned for construction next to the Convention Center in downtown Sioux City. Provided

Tim Hynds, Sioux City Journal

A Courtyard by Marriott hotel planned to be built attached to the Convention Center, shown above in a recent photo, is part of the city’s $13.5 million Sioux City Reinvestment District project. The hotel will be constructed in the parking lot area, with a parking structure to be built directly behind it.


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Siouxland Business Journal, May 2018

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Chamber hosts Small Business Expo SIOUX CITY – The Siouxland Chamber of Commerce’s 2018 Small Business EXPO was a booming success with 50 vendors from a wide variety of industries providing information on products and services. Guests enjoyed complimentary food and beverage samples from Chamber foodies, and were able to purchase products on site and learned how each unique business could serve business and personal needs. From live March Madness telecasting to friendly dogs, there was truly something for everyone. Participating companies were: A.J. Phillips Publishing

Co. Inc.; ActionCOACH; Aggies Inc; American Family Insurance - Julie Bower Agency; Barth Family Chiropractic; Big Frig; Buy Fresh Buy Local - Siouxland Inc.; Carol Case - Carlisle Women’s Designer Clothing; Catalyst IT; Center for Siouxland; Century Business Products; ChicoinePeterson Chiropractic and Nutrition Clinic; Counsel; Country Celebrations Event Center; Delta Hotels by Marriott; Dr. Dona W Prince DDS PC; Fiduciary Wise of the Midwest, LLC; Girl Scouts of Greater Iowa; Goodin Insurance Agency LLC; Gunderson’s Jewelers; Habitue Coffeehouse Guests stand near one of the 50 vendor booths present at the Siouxland Chamber of & Cakes to Remember; Commerce’s 2018 Small Business Expo held at County Events Celebration Center. Heaton’s Special Occasion Catering; Hilton Garden Inn; IMKO Workforce Solutions; Isagenix; Jumpy Monkey Coffee Roasting

Co; Kovarna Brothers Lawn Service LLC; Level Spine Chiropractic; Mary KayShari Black; Sioux City Railroad Museum; NextHome TriState Realty; Northwest Iowa Regents Resource Center; Old Chicago Pizza and Taproom; Pastry Parlor; Peak Performance Group; Profile by Sanford; Salem Real Estate; Shirley Chic; Sleep Number by Select Comfort; Small Business Development Center; SpotOn; Studio 83 Holistic Wellness; Suing Studios; The Dogwood Pet Hotel and Day Spa; The Sugar Shack; TravelPlus TLC; TRN Settlement Services; Sedgwick, Brennan, Talley and Co. Abstract; Visiting Angels and Wheelock and Associates Dentistry

May is NatioNal HoMe ReModeliNg MoNtH Families remodel their homes for many different Darrel Bullock President reasons. It may be to save Sioux City Building Inspections money on utility bills, to redesign the space to better suit the family’s current lifestyle, or to be better stewards of our natural resources. But as the home building and remodeling industry celebrates National Home Remodeling Month in May, one thing is for sure—whether we call it energy efficient or green, remodeling that includes sustainable features is growing in popularity like never before. Home owners will find more options when they search for a professional remodeler with experience in green remodeling. Over the next five years the percentage of remodelers

who expect to be doing more than 60% of products of higher quality as well as the their projects green will double. integration of green features into standard “Many remodelers are seeing increased construction practice. interest in sustainable home features from home owners,” said [insert name], president Some of the top upgrades that can make a of the [insert name of HBA or remodelers home more energy efficient include putting council]. “Remodeling your home can not in high-efficiency windows and low-flow only fulfill your family’s dream of a more water fixtures, replacing appliances and comfortable and stylish home, but depending water heaters with ENERGY STAR®-rated on the upgrades you choose, you can realize savings on utility costs, improve air quality models, increasing or upgrading the quality for better health, and strengthen the long- of insulation, and installing a high-efficiency term value of your home.” HVAC system that is appropriately sized for Green remodeling incorporates sustainable, the area that is to be heated or cooled. durable, and healthier design into the To learn more about remodeling or to find a renovation of existing homes. The increased interest in sustainable remodeling is due remodeler in your area, visit siouxlandhba. largely to the availability of more affordable com/members or go to nahb.org/remodel.

712-255-3852 | siouxlandhba.com


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Siouxland Business Journal, May 2018 13

RushHourConnect

The Sioux City Growth Organization hosted February’s Rush Hour Connect in connection with its eighth annual Innovation Market. Innovation Market is an anonymous business idea competition where attendees choose the top five ideas to be pitched at a later event. Sioux City GO and the Innovation Market have fostered more than 200 local business ideas from more than 170 different entrepreneurs.

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Country Celebrations Event Center hosted the March Rush Hour Connect held jointly with the Small Business EXPO. Guests were welcomed by a warm atmosphere that surrounds the events center constructed with wood from the Black Hills. Country Celebrations Event Center opened in June 2016 on The land which has been in the Ellison family since 1870, and, most recently, was home to the former Country Driving Range.


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Siouxland Business Journal, May 2018

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Isbell, Scaggs to headline SITP Grandview Park music festival set for July 7

2018 SITP lineup MAIN STAGE ■■ Jason Isbell and The 400 Unit ■■ Boz Scaggs ■■ Galactic ■■ Dave Mason and Steve Cropper ■■ Delta Rae (Two more acts will be announced at a later date) THE ABE STAGE ■■ Arrested Development ■■ Jon Wayne and The Pain ■■ City of the Weak ■■ GhostCat ■■ Thick Mistress ■■ Young Rambo ■■ Vibe Rations (One more act will be announced at a later date)

CHRISTOPHER BRAUNSCHWEIG Business Journal staff writter‌

SIOUX CITY – After unveiling the almost-full lineup for the 2018 Saturday in the Park, co-founder and organizer Dave Bernstein reiterated the festival’s end goal for the past 28 years has been to put on a show full of “amazing” music and live performances. “That’s our No. 1 criteria for booking anyone for Saturday in the Park,” Bernstein said during a recent news conference at Hard Rock Hotel & Casino Sioux City, the festival’s presenting sponBernstein sor for the fourth consecutive year. Bernstein’s preference for hiring bands with engaging live shows is what ultimately led to his decision to book the Americana band Jason Isbell and The 400 Unit and singer-guitarist Boz Scaggs as this year’s main stage headliners. Preceding the two headlining acts are the New Orleans-based funk band Galactic, the blues rock duo Dave Mason & Steve Cropper and the folk rock group Delta Rae. Bernstein said the two opening slots have yet to be determined. This year’s free festival will run from noon to 10:30 p.m. July 7 at Grandview Park. A fireworks display will end the night, following Isbell’s performance. At the news conference, Bernstein further highlighted and praised the addition of The Abe Stage, which was previously known as the Second Stage before its name change and venue overhaul in 2016. Organizers Kelly Quinn and Jason Reinert represented The Abe Stage during the news conference and announced its music lineup,

Jason Isbell and the 400 Unit are co-headlining the main stage at Saturday in the Park alongside Boz Scaggs. Isbell and his band earned two Grammys in 2017.

Atlanta-based hip-hop group Arrested Development will headline the Abe Stage at Saturday in the Park.

save for one act which will be announced at a later date. Headlining the festival’s alternative stage is the Atlanta-based hip-hop act Arrested Development. The band’s debut album “3 Years, 5 Months and 2 Days

in the Life Of...” received critical acclaim upon its release in 1992 and was significant for having a noticeably positive outlook with song lyrics focused on spirituality, love and peace – a stark contrast to popular gangsta rap

Chris Phelps

Boz Scaggs will be co-headlining the main stage at Saturday in the Park alongside Jason Isbell and the 400 Unit.

artists of that era. “I think they’re a really great show for a festival,” said Reinert. “Looking at some of their live performances and see how they

handle it, I think that’s really what made it a solid decision.” Quinn added: “They still bring it live. They’re a total festival vibe. Plus they have some old hits and they’re kind of a throwback, which seems to be popular.” Jon Wayne and The Pain and City of the Weak, both from Minneapolis, and local bands GhostCat, Thick Mistress, Young Rambo and Vibe Rations also are scheduled to perform The Abe Stage. Closing the night with electronic dance music are the Sioux City DJs ALX and SCND SNDWICH. Originally founded by Bernstein and Adam Feiges in 1991, Saturday in the Park has been a hallmark Sioux City event for the past 28 years and has featured a wide range of musical talent from B.B. King and Aretha Franklin to Foster the People and Cee Lo Green. Saturday in the Park regularly raises between $300,000 to $400,000 in sponsorship money every year. The festival also relies heavily on beer and food sales to help pay any festival fees, allowing free admission to all who visit.


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RushHourConnect

Guests enjoyed an evening of networking when the Briar Cliff University Business Department hosted January’s Rush Hour Connect in celebration of the launch of its 2018 curriculum. Guests heard first hand how BCU is continually adapting its program offerings to meet the changing needs of the business world. Current programs include Operations Management, International Business and Entrepreneurship and Small Business Administration. Programs are enhanced through opportunities such as study abroad, local field learning experiences with Siouxland’s businesses, and involvement with the ENACTUS team, BCU’s nationally recognized and award-winning entrepreneurial service group.

Siouxland Business Journal, May 2018 15

RibbonCuttings

Photos courtesy of the Siouxland Chamber of Commerce

The Dogwood Pet Hotel and Day Spa introduced its new Levels Obedience Training for dogs. Pictured are Candice Husted and Yoki, Lesws Hoynoski and Remmi, Jorden Dvorak and Aspen, Jalene Kuiken and Letty, Shay Gebauer and Jack, Jason Forney and Aly and Minnie. The program is the only one of its kind in Siouxland and customers choose when it’s convenient to attend.

Rodney HugHes Vice President

Phone.. 712.277.2103 Fax.........712.277.2063 1432 Leech Ave. Sioux City, IA 51101 Email: rodneyh@boonebrothers.com

Boone Bros. roofing

“Your Commercial & Industrial Roofing Experts”

MAGIC CARPET & DRAPERY

Magic Carpet & Drapery 19 & Pierce St. • Sioux City, IA • 712-277-2565 th

Mon 9:00-6:30 • Tues-Fri 9:00-5:30 • Sat 9:00-3:00

Your Card Here

Call Kaylee Betterton to have your business card featured here. 712-224-6279


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Siouxland Business Journal, May 2018

RibbonCuttings

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Photos courtesy of the Siouxland Chamber of Commerce

Bruening Eye Specialists officials cut the ribbon to celebrate the completion of its new clinic in Sunnybrook Center. Pictured are Dr. Thomas Pratt, Dr. Beth Bruening and their staff. Bruening Eye Specialists started providing ophthalmology services, treating eye diseases and providing surgical treatments at the new location in March.

Bookspring Business Services was welcomed to the Siouxland Chamber with a recent ribbon cutting. Cutting the ribbon are President Mark Hinds, Vice President Wendy LaCroix and their staff. Bookspring Services provides bookkeeping and back-office services for small- to medium-sized enterprise.

Better Banking When it comes to helping local businesses like Koated Kernels grow and prosper, Security National Bank is “all business”. Whether it’s helping a successful local business or helping a new one get started, SNB has the financial strength and expertise to get the job done. •Commercial Deposit Services •Commercial Lending Services •Merchant Credit Card Program •Cash Management Services •Business Internet Banking Security National is simply “better banking”!

SECURITY NATIONAL BANK SIOUX CITY • AKRON • MAPLETON • MOVILLE • LAWTON

Chris Jackson, Commercial Services Rep. Robbie Rohlena and B.J. McCelellan, Owners

snbonline.com

Member FDIC


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ChamberAnniversaries 20 YEARS – 1998 BROWN WEGHER CONSTRUCTION Rick Wegher North Sioux City, SD ELECTRIC INNOVATIONS Skip Perley Sioux City, IA KEANE AND ASSOCIATES 25 YEARS – 1993 / AMERIPRISE FINANCIAL MORNINGSIDE LUTHERAN Kevin Keane CHURCH Sioux City, IA Darrin Vick TIRES TIRES TIRES Sioux City, IA Dan Nothdurft REICH PAINTING Sioux City, IA & DECORATING Jody Reich Sioux City, IA 30 YEARS – 1988 AMERICAN RED CROSS / SIOUXLAND AREA Mary Flury Sioux City, IA CURLY’S FOODS INC. Bob Brady Sioux City, IA

The following businesses and organizations are celebrating milestone anniversaries in May as Siouxland Chamber of Commerce investors.

15 YEARS – 2003 ANALYTICAL AND CONSULTING SERVICES Sharlyn Franco Sergeant Bluff, IA FEED ENERGY COMPANY Mike Shindelar Pleasant Hill, IA LITE-FORM TECHNOLOGIES Pat Boeshart South Sioux City, NE ROTO ROOTER Patrick Brown Sioux City, IA TUR-PAK FOODS Leroy Zachow Sioux City, IA

10 YEARS – 2008 JOLLY’S ON THE RIVER Amanda Snoozy Sioux City, IA SIOUX CITY MARINA Roger Miller Sioux City, IA SONIC DRIVE-IN Mark Underwood Sioux City, IA ST. GABRIEL COMMUNICATIONS Ann Colt Sioux City, IA

5 YEARS – 2013 CUBBY’S Joe Fokken Sioux City, IA DRILLING MORNINGSIDE PHARMACY Bill Drilling Sioux City, IA JOE MORTEN & SON Randy Oligmueller South Sioux City, NE PEERLESS ENERGY SYSTEMS Vicki Gardner South Sioux City, NE SHORT STAFFED Reed Burson Sioux City, IA

Siouxland Business Journal, May 2018 17

ChamberInvestors ALLSTATE INSURANCEDAN PICKERING AGENCY Dan Pickering Dakota Dunes, SD STORY TIME PRESCHOOL & CHILD CARE CENTER Kim Storey-Geiseler Sioux City, IA STORY TIME PRESCHOOL & CHILD CARE - S CECELIA Kim Storey-Geiseler Sioux City, IA STORY TIME PRESCHOOL & CHILD CARE CENTER PIERCE STREET Kim Storey-Geiseler Sioux City, IA

WHERE

SUCCESS GOES TO LIVE HAPPILY EVER AFTER

Why has the number of bioscience companies grown to reach over 1,200 establishments*? Why has advanced manufacturing grown to be our largest industry? Why do more than 6,200 companies employ over 92,000 workers in the financial and insurance industries in Iowa? It’s simple. Iowa has built a business environment that breeds success. We believe in working hard. And living well. It’s a healthy balance that produces a productive and motivated workforce. Generates opportunities for our companies. And sparks a leadership in innovation and technology. Check out our website today. Learn why Iowa is where success lives. iowaeconomicdevelopment.com *2016 SOURCE: TEConomy Partners

iowaeconomicdevelopment

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STORY TIME PRESCHOOL & CHILD CARE CENTER NORTH SIOUX Kim Storey-Geiseler North Sioux City, SD PIONEER BANK DAKOTA DUNES Beau Streck Dakota Dunes, SD SMARTER SPACES Gina Jepsen HEDQUIST EYE CARE Dr. Chris and Misty Hedquist Sioux City, IA MIND & BODY CONNECTION Kathy Jensen Sioux City, IA

HART FAMILY HOTELS-DBA SLEEP INN & MAIN STAY SUITES Troy Hart Spencer, Iowa 966 INDUSTRIES LLC Kevin Frodermann Milford, IA TNT SALES & SERVICE Tom Crawford Hinton, IA FIT MY FEET Amanda Kolterman Dakota Dunes, SD


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Siouxland Business Journal, May 2018

Sioux City: 600 Pierce St. 712.522.4430 GreatWesternBank.com ©2017, Great Western Bank

www.siouxlandbusinessjournal.com


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Siouxland Business Journal, May 2018 19

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Siouxland Business Journal, May 2018

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SIOUXLAND’S #1

COMMERCIAL TEAM

Source: Northwest Iowa Regional Board of Realtors - 2017 Production

Nathan Connelly Congratulations Commercial Associate 712 203 1620

new

CONGRATULATIONS

1905-1909 Broadway, Dakota City

Beau Braunger

102 Sergeant Square Dr. Sergeant Bluff

148,131 sf call center up for auction. Ideal for conversion to self-storage or warehouse. Two interconnected 1 & 2 story office buildings on 13.6 acres with 1,004 parking spaces. Conveniently located just off I-29 at airport exit. Visit our website for auction details.

Congratulations to Quality Marine Repair, Inc. on the purchase of Cimmarina Boats as they expand their water craft repair business. Beau Braunger brokered this transaction.

CCIM Senior Associate 712 251 8276

Colonel Krage Senior Associate 712 251 1451

Erin Hoekstra

AUCTION SALE MAY 9Th

NEW

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420 Pierce St

317-319 Dakota Dunes Blvd, DD

1501 Midwest Ave, Alton, IA

100 Futures Dr, SSC

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517 W 9th St, SSC

200 Rivers Dr., NSC

820 Hamilton Blvd.

2600 Cornhusker Dr

Commercial Associate 712 898 8372

Chris Bogenrief SIOR, CCIM, MBA Broker 712 204 6261 ALL AGENTS LICENSED IN IOWA, NEBRASKA & SOUTH DAKOTA

Store front space in downtown Sioux City. The space includes store front glass, a private restroom, small office, & small mezzanine. Great location w/ great visibility. Build-out allowance is negotiable.

For Sale - Four fully leased bldgs: Bldg 1 is a fully-insulated shop space w/2 12’ overhead doors & wood burning stove. Bldg 2 is a 1,152 s/f office w/an attached garage. Bldg 3 is a 3,456 s/f warehouse with 1 14’ overhead door and is 16’ clear. Bldg 4 is a residential duplex.

3 excellent retail/office spaces to choose from in the Village Square Retail Center! 1,175 sf, 1,323 sf & 1,860 sf suites available for lease. Signage is available on the front of the building.

Whistle Stop Casino is now for sale! 50 gaming machines in 5 separate themed rooms. 5 gaming licenses, 4 beer and 1 wine licenses included with sale.

Immaculate 60’x84’ full service truck & pet wash in Alton Industrial Park. 2 semi-tractor bays w/ dual washers in each bay, power overhead doors & areas to wash your small & large pets. Includes 2 acres for possible expansion or could be sold separately.

Control this prime corner & collect rent from Cricket Wireless while planning your new development. Over 23,000 VPD. 150’ fronting Hamilton & 316’ fronting Wesley Parkway. Level lot on drive-to-work side of busy commuter route.

Buying • Selling • Leasing Property Management

24,000 s/f warehouse building for lease. 1 existing overhead door with options to add more. Landlord willing to install dock doors & build out offices & restrooms if needed. This space is heated & cooled. Great location with easy accessibility to Hwy 20 and I-29.

Space next to Summit Dental Health on Hy-Vee retail pad fronting US 77. Large signs available on all four sides of building plus a pylon sign fronting US 77. 3250 sf still finished as former Blockbuster store. Plenty of parking.

400 Gold Circle Drive, Dakota Dunes, SD 712 224 2727 www.naiunited.com


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