DES MOINES, IA—The Principal Financial Group has just hired the Iowa office of JLL as its new exclusive leasing agent for 801 Grand, the city’s tallest, largest and most iconic office building. The 44-story, 970,000-square-foot tower forms part of Principal’s 2.5-million-square-foot headquarters. The firm currently occupies about two-thirds of the building while the rest of the campus undergoes a refit.

Although Principal and its tenants occupy about 96% of the building, Heath Bullock, a JLL senior vice president and Iowa markets leader, tells GlobeSt.com that “four or five percent of this building is still a decent amount of space to market. We’re currently working on four transactions which would speak for a lot of the vacant space.”

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