820 W. 5th Street, Waterloo, IA

For more than 50 years, 820 W. 5th Street was home to the Waterloo staple, Johnson's Bakery. The doors officially closed on the long standing bakery in the summer of 2013. We are excited to announce the sale of the Fifth Street property. Matt and Fred were pleased to represent both the seller, Johnson's Bakery, Inc. and Overland Group, the buyer of the property. We wish both parties the best in their future ventures! 

If you have a property you would like to sell or lease or if you are looking for a commercial property to suite your needs, contact Matt or Fred Miehe at 319-234-5000. 

1318 Ravenwood Drive

Matt and Fred were pleased to have helped Kap-Mar, LLC sell 1318 Ravenwood to Stick Brothers, LLC. The property is a 4,673SF space with a long-term tenant in place. Congratulations to both parties on the sale!  

Sold: 6525 Chancellor Drive Cedar Falls, IA

Matt and Fred were pleased to work with Veridian Credit Union on their purchase of 6525 Chancellor Drive in the Cedar Falls Industrial and Technology Park. Veridian will use the new location as the office for approximately 150 members of their current staff. They intend to occupy the space in early 2014 after the completion of renovations. We would like to congratulate Veridian on their newest location!

911 Commercial Street, Waterloo, IA

Matt and Fred were pleased to represent Farmer's State Bank in the sale of 911 Commercial to Lucky Brothers Market and Asian Foods. 

If you have commercial needs, contact Matt and Fred Miehe at 319-234-5000 to discuss your best options. 

2809 University Avenue in Waterloo

We have a new opportunity for an office/retail space available for lease on corner of University and Sager at the traffic light. It has a private, main floor entrance with 2 large offices, a reception area, storage room and restroom. This is a great for small or start-up businesses on a high traffic and highly visible location.

Contact Matt and Fred Miehe for more information or for a private showing at 319-234-5000.

Matt Miehe recognized as a Top Member for Jaycees

This October, Matt along with four other members of the Cedar Valley Jaycees were recognized as top performers during the fall all-state Jaycees convention.

Matt has been a member of the Cedar Valley Jaycees since 2008. He has participated in various events including Iowa's largest professional golf tournament, the Waterloo Open. In 2013, Matt focused on securing new sponsorships to support the annual golf event and was recognized as a Top Member of the Jaycess for his efforts. We congratulate Matt on this honor!

If you are interested in learning more about the Jaycees, their events or joining the organization, visit http://www.waterloojaycees.org/.

View the Waterloo/Cedar Falls Courier article here.

1402 Logan Avenue, Waterloo, IA

1402 Logan Avenue is a two-story, large professional office building available for sale. It is located near HWY 63, across from Logan Middle School and adjacent to Allen Hospital. The 9,064SF building contains a reception area, a break room, 6 private offices or therapy rooms, 4 large rooms and 2 restrooms on the upper level. The lower level contains 2 large rooms, a restroom with a shower and a kitchen. The building is ideal for a Day Care provider, Human Service business, Medical or Professional offices or for an Owner/Investor.

Contact Matt and Fred Miehe for more information at 319.234.5000.

10XX Newell Street, Waterloo, IA

Matt and Fred recently listed the heavy industrial building on Newell Street near Red Carpet Golf Course. The property is securely fenced and adjoins the Chicago Central Railroad. The building is 37,570 SF on a 8.3 acre lot. The property could be used as an Industrial building or it could be a great location for tax credit housing. City Incentives are avialable.

For more information or to view this property, contact Matt or Fred Miehe at 319.234.5000.

129 Plaza Circle, Waterloo, IA

Matt and Fred were happy to represent FMZ, LLC (sellers) on the sale of 129 Plaza Circle. We wish you all the best!

110 Main Street, Cedar Falls

Matt and Fred were pleased to help Fore Investors, LLC lease space to "Uptown Tots" for a children's clothing store at 110 Main Street in Cedar Falls. Plans are to open their doors Fall 2013. The property located on Cedar Falls' award winning Main Street boasts exposed brick walls, high ceilings, hardwood floors and front and rear entrances both with parking. Congratulations!

441 E. Tower Park, Waterloo, IA

441 E. Tower Park has a new owner. Matt and Fred were pleased to represent both sides of the sale (Fazwat, LLC was the seller). Opening soon (Fall 2013) in the former Fazoli's, is Chilitos Mexican Bar and Grill an authentic Mexican restaurant. Congratulations to both parties!

1225 W. Ridgeway, Waterloo, IA

We have a new office building available for lease at 1225 West Ridgeway in South Waterloo. It is located on the busy corner of Ridgeway and Ansborough Avenues. The 3,726 SF building boasts 5 private offices, a teller area that would easily translate to a drive-thru, a large lobby and administration area, three drive-thru lanes with a canopy and 19+ parking spaces.

For more information on the details or for lease rates, contact Matt and Fred Miehe at 319-234-5000.

Shirt Shack

Matt and Fred recently represented the Courier in subleasing 5936 Westminster Drive, Suite A in Cedar Falls Industrial Park to Shirt Shack, Inc. The company will function out of the new location in August of 2013. Congrats to both parties!

New Price: Building Pad available at Waterloo Road and Rainbow Drive

Located just off “Five Corners” intersection in Central Cedar Falls next to Family Video. This shovel ready building site is ideal for Medical or Professional Office users or Restaurant and Retail users. The site allows for convenient access to both Waterloo Road and Valley Park Drive.

Contact Matt Miehe (matt@mattandfred.com) or Fred Miehe(fred@mattandfred.com)for more information or to discuss the new price of $285,000.

423 Viking Road

Matt and Fred were pleased to represent both sides of a lease for 423 Viking Road in Cedar Falls. Surfacing Solutions, a product design and development company who services John Deere, will lease the space as an expansion to their current location in the Cedar Falls Industrial Park. Congratulations to both parties!

Coming Soon...

Did you know Cedar Falls is the largest city in the United States without a Burger King? Until now. Matt and Fred were pleased to work with the second largest fast food hamburger chain in the world to secure a location at 6719 University Avenue in front of College Square. Burger King will begin work on the location immediately with an expected opening of November, 2013. Hold on to your seats for just a little longer Cedar Falls, it won't be long until you can sink your teeth into a juicy Whopper!

6122 Nordic Drive, Cedar Falls, IA

Beautiful two story office space for lease located in the Cedar Falls Industrial and Technology Park. The space features 5,860 SF of private offices showcasing craftsman workworking, conference room, break room, and showroom. Easy access to US HWY 20 & HWY 218.

Contact Matt and Fred Miehe (319) 234-5000 to schedule a private showing or receive more information on this property.

2720 Lackland

Matt and Fred were pleased to work with Thorp Family Fun on completing a lease agreement for 2720 Lackland Drive in Waterloo. With 12,500SF the new location for Thorp Family Fun is quite the expansion from their prior 2,500SF location. The company specializes in celebrating whether a child's birthday or corporate function. They also have jumpers available for rent. Congratulations on your new space!

Lots 2 & 3, E. Viking Plaza

We are happy to announce a recent closing at East Viking Plaza. Yesterday, University of Iowa Community Credit Union completed the process in obtaining Lots 2 & 3 of East Viking Plaza. This is the third location in the Cedar Valley for UICCU - the University/Cedar Heights location is currently under construction and another branch will be built in the Country Club Business Center in the near future.

8901 Cedar Wapsi Road

8901 Cedar Wapsi Road closed today. Located on a 20 acre setting, it features a 2 story residence, carriage house, woodworking shop and an indoor pool with retractable roof and spa amenities. The property boasts outdoor entertainment areas, pond, volleyball court and secluded gazebo. This is the final of 4 properties formerly belonging to Russell Wasendorf, Sr.

Additional Wasendorf Properties:

• 419 Main Street (former MyVerona)
• 5729 Westminster Drive
• 4008 Pheasant Drive

Related WCF Courier Articles:

• Ex-CFU Executive, Wife buy Wasendorf Estate
• Tony's owner buys MyVerona building
• Auction date is set for PFG Office building

Fred Receives Coveted SIOR Designation

Big news on the blog today! Fred achieved the SIOR office designation awarded by the Society of Industrial and Office REALTORS. SIOR is a Washington, DC-based international professional organization of more than 3,000 commercial real estate professionals, 2,800 of whom have earned the coveted SIOR designation.

To achieve the SIOR designation, Fred completed five years of creditable experience in the highly specialized field of office real estate; met stringent education requirements; and demonstrated professional ability, competency, ethical conduct, and personal integrity.

Individuals who hold the SIOR designation are top producers in the commercial real estate field and are represented in more than 630 cities in 29 countries around the world. SIOR enforces a strict code of ethics and required designees to complete its ethics course within their first three years of membership.

Fred has been an Iowa licensee since 1975. He has been practicing in the disposition of commercial real estate as a third party broker since 1997. "I am please to bring my association with SIOR members, which provide a greater pool of buyers and tenants, to our projects here in the Cedar Valley," states Miehe. Jim Sulentic, President of Sulentic-Fischels Commercial Group, commented, "Fred is worthy of this high designation. We are proud of his accomplishment."

Cherry Berry coming to Cedar Falls

Well, we saved a tasty little post for your Friday! We are happy to announce that Cherry Berry is coming to the Cedar Valley. In front of College Square Mall and next to Panda Express, the yogurt bar will make a new home. Here's how it works: first you chose from the rotating flavors of yogurt, you add yummy toppings (there are fresh fruits to the little indulgences) you weigh it and then pay. They even call their 'loyals' Cherry Berrians. Welcome to Cedar Falls, Cherry Berry! 

 

Comprehensive Systems - 5714 Nordic Drive

Matt and Fred were pleased to work with both the buyer (Comprehensive Systems, Inc) and the seller (DDS Properties, LLC) on 5714 Nordic Drive in the Cedar Falls Industrial and Technology Park. Located between Highway 58 and Nordic Dr. next to the AmericInn Hotel, the property is a mix of office and warehouse space.

 

Comprehensive Systems is a privately funded, non-profit that has been in action for more than 40 years. They support more than 300 people with special needs through a variety of services. They will consolidate from their current two facilities in the industrial park to this one. Comp Systems will occupy 24,000 SF of the over 31,000 SF building. Congratulations to both parties involved! 

 

419 Main Street

Matt & Fred were pleased to represent both the buyer and seller of 419 Main Street in Cedar Falls. A stalking horse bid was accepted late January with a deadline of additional bids to take place by February 25, 2013. The auction for the property came to a close Friday, March 1. T&T Rentals, LC is the new owner of 419 Main Street.

Former My Verona Italian inspired restaurant located on downtown Cedar Falls' award winning Main Street. Built in 1991 this building features an attractive atmosphere, seating for 250, high end finishes, a Mezzanine that can serve as a Private Dining Area and a wine cellar. Total Building Size: 10,993 SF.


WCF Courier articles associated with this property:

• Undisclosed party bids on Wasendorf restuarant building
• Wasendorf properties hit market this week
• Video of Wasendorf assets to be sold

Wapsie Pines Lawn Care & Landscaping Gains Office Location

618 State Street in Cedar Falls is home to the new office of Wapsie Pines Lawn Care & Landscaping. Matt and Fred recently represented Wapsie Pines in securing their lease on State Street. The property is a 2,500 SF space that is twice the size of their previous location. Wapsie Pines will be open for business on April 15. The business services lawn needs in and around the Cedar Valley. Congratulations Wapsie Pines on your success and this new location!

Road Ranger Excess, Evansdale, IA

We have a new listing for undeveloped land off I-380 and Gilbertville Road. The commercial site is adjacent to Road Ranger, Flying J truck stop, McDonalds and Arby's to name a few. The ideal location with US HWY 20 access sees just under a 35,000 average in the daily traffic count. This site would be ideal for fast food/sit-down restaurant, hotel, automotive or highway commercial related users. The owner reserves the right to restrict use. 

For more information on this land and the specific details, contact Matt and Fred Miehe at 319-234-5000.

2324 Idaho

Matt and Fred were pleased to represent sellers, Virgil and Winston Haley on the sale of 2324 Idaho in Waterloo. Matt has a little bit of history with Virgil as he was Matt's high school swim team coach. What can we say, here at mattandfred.com you learn a little more about our team every day. Congratulations to you both on the sale of your land!

7504 1/2 University Avenue

Matt and Fred successfully negotiated a lease for Dr. Kiley Zimmerman’s Upper Cervical Chiropractic Office at 7504 ½ University Avenue in Cedar Falls. They plan to be open for business March 1, 2013 and are accepting new patients.

For more information on lease negotiations, give Matt or Fred a call at 319-234-5000.

5529 Nordic Drive

Carrier Enterprise completed a lease extension for the 22,800 SF building at 5529 Nordic Drive in the Cedar Falls Industrial Park. The building has high ceilings, four 8x10 dock doors and one 12x14 drive in door. It serves as a distribution warehouse for HVAC equipment.

If your lease is coming to an end, give Matt and Fred a call at 319-234-5000 to review your business options.

Wasendorf Property Updates

UPDATE: The Cedar Falls Times recently released this story on the Wasendorf Properties. We have been working hard on the former Wasendorf properties and are excited to announce the following updates. The second of the five Wasendorf Properties, 5729 Westminster Drive in Cedar Falls is set to close in mid-February after an auction was held at the end of 2012. Also, the former PFG corporate residence of 4008 Pheasant Drive in Cedar Falls has accepted an offer that will close in early February.

419 Main Street, on Main Street in Cedar Falls which used to function as My Verona Italian inspired restaurant and 8901 Cedar Wapsi Road in Cedar Falls are still active listings. If you are interested in either property, contact Matt or Fred at (319) 234-5000.

Independence Plaza - Independence, IA

There is a bid deadline of Wednesday, January 9 for the land off of HWY 20 & HWY 150 in Independence, Iowa. This land is located next to Walmart in Independence. These 40+ acres would be ideal for farming or future development.

Please view the bidding procedures and contact Matt and Fred with any questions at (319) 234-5000.