Business Details
45 Years
experience
Your Trusted Commercial Real Estate Partner in Des Moines, IA
Hurd Real Estate is a multi-faceted commercial real estate investment and development firm headquartered in Des Moines, IA. With over 40 years of experience, we specialize in acquiring and managing income-producing properties across retail, office, medical, and industrial sectors nationwide. Our disciplined approach combines conservative financial practices with innovative deal-making to deliver tailored solutions for clients. We excel in sale-leaseback transactions, build-to-suit developments, and brokerage services, leveraging deep market knowledge and a national network of industry connections. Our team prioritizes long-term relationships over short-term gains, ensuring transparent, mutually beneficial agreements.Backed by internal funding and rapid decision-making capabilities, we consistently close complex transactions within tight deadlines. Recognized for our expertise in distressed asset repositioning and net-leased property acquisitions, we serve clients ranging from national convenience store operators to healthcare providers. Our commitment to continuous market education ensures clients benefit from the latest industry insights and strategic opportunities. As a privately held company, we maintain agility while upholding the highest standards of professionalism and ethical conduct. This combination of experience, resources, and client-centric philosophy has established us as a trusted leader in commercial real estate.
Services
Real Estate Investment
Sale-Leaseback
Build-To-Suit Development
Brokerage Services
Property Management
Details
- Year established: 1981
Highlights and features
- 40+ years of specialized commercial real estate experience
- Capable of closing deals within one week through rapid underwriting
- Nationwide portfolio spanning 20+ states and multiple industries
- Family-owned with direct decision-making and transparent dealings
- Expertise in complex transactions with high-credit tenants
What people say
Terrific business sense
Closed deals within week
Well-respected businessman
Thought through every detail
Straightforward dealings
Services
Real Estate Investment
We specialize in acquiring income-producing commercial properties across retail, office, medical, and industrial sectors. Our focus includes net-leased properties with high-credit tenants and distressed assets with repositioning potential. With transaction sizes ranging from $2 million to $250 million, we provide quick decision-making and creative deal structures that benefit both buyers and sellers.
Sale-Leaseback
Our sale-leaseback solutions help businesses unlock capital tied in real estate portfolios while maintaining operational control. We facilitate tax-deductible rent arrangements and 100% market pricing, significantly improving upon traditional debt financing returns. Our rapid underwriting process ensures closures within 30-90 days, with lease terms tailored to client needs.
Build-To-Suit Development
We deliver turnkey build-to-suit developments leveraging local market expertise and municipal relationships. From site selection through construction management, our services ensure projects complete on time and within budget. Our customized lease terms and tenant-focused approach have earned repeat business from major national operators across multiple industries.
Brokerage Services
Hurd Commercial Brokers handles investment sales, leasing, and land transactions nationwide. Our services cover retail, office, medical, and industrial properties, including single-tenant net leases. With access to a national broker network and deep market knowledge, we provide comprehensive solutions for both property owners and tenants.
Property Management
We offer comprehensive property management services for commercial real estate portfolios. Our capabilities include lease administration, tenant relations, and operational oversight. Focused on maximizing asset value, we maintain long-term client relationships through transparent reporting and proactive maintenance strategies that ensure consistent returns.
People
Richard Hurd
Founder & President
With over 40 years in commercial real estate, Richard Hurd built the company through conservative, thoughtful practices. Recognized for market expertise and educational leadership, he maintains strong banking relationships and national influence in real estate transactions.
Richie Hurd
Chief Operating Officer
Overseeing daily operations, Richie Hurd ensures efficient transaction execution across the company's diverse real estate portfolio. His operational leadership maintains the firm's reputation for timely deal closures and client satisfaction.
Daniel Hurd
Executive Vice President
Daniel Hurd leads key development initiatives, leveraging market knowledge to identify strategic opportunities. His expertise contributes to the company's success in complex commercial real estate transactions nationwide.
Kristin Hurd
Chief Communications Officer
Managing the company's external communications, Kristin Hurd ensures consistent messaging across all platforms. Her strategic approach maintains the firm's professional reputation and market visibility.
Questions
What commercial real estate services does Hurd Real Estate offer?
We provide real estate investment, sale-leaseback transactions, build-to-suit developments, brokerage services, and property management for retail, office, medical, and industrial properties nationwide.
How quickly can Hurd Real Estate close a transaction?
Our rapid underwriting process enables closures within one week for qualified opportunities, with standard sale-leaseback transactions typically closing between 30-90 days.
What geographic areas do you serve?
We operate nationwide with a current portfolio spanning 20+ states, handling transactions in all major commercial real estate markets across the United States.
What makes Hurd Real Estate different from competitors?
As a family-owned firm, we combine 40+ years of experience with direct decision-making, transparent dealings, and long-term relationship focus that prioritizes client interests over short-term gains.
Do you work with both buyers and tenants?
Yes, we represent both property owners and tenants across retail, office, medical, and industrial sectors through our brokerage and leasing services.
Can you handle complex commercial real estate transactions?
Our team specializes in complex deals including distressed asset repositioning, large portfolio acquisitions, and customized lease structures with national credit tenants.
