G&E Renews Partnership to Cover Iowa CRE

WEST DES MOINES, IA-Grubb & Ellis Co. has again joined with Mid-America Commercial Real Estate, based here, to cover Iowa with commercial real estate brokerage services. Mid-America, founded in 1961 by Marvin Pomerantz, had been one of two Grubb & Ellis subsidiaries in the state, but a former partnership broke off, and now the company has rejoined the fold.

Mid-America is part of the Mid-America Group, which had also had a partnership with Pacific Realty of Omaha to serve Grubb & Ellis; it was thought that both companies could serve Iowa and Nebraska, says Pat Hurley, SVP with Grubb & Ellis. However, Pacific Realty left last year to only cover Nebraska, and Mid-America was left to fend for itself. “We started talking with them in January to come back on,” Hurley tells GlobeSt.com. “We now had this hole in Iowa that we needed to fill.”