Cedar Rapids, Iowa [December 18, 2024] – Midwest Equity, a growing Private Equity Real Estate Investment firm headquartered in Iowa, has announced its plans to relocate to the former Wells Fargo building at 150 1st Ave NE in downtown Cedar Rapids as the new company headquarters. This move will accommodate the firm’s continued growth while reaffirming its commitment and contribution to the vibrant Cedar Rapids core district. Since its founding in 2016, Midwest Equity has been successfully headquartered in the Skogman Companies building downtown. The Tiffany Earl Williams Team of Skogman Commercial will continue and expand its commercial brokerage practice with Skogman Commercial at the new building. “It’s been exciting to watch Midwest Equity grow and expand its investment portfolio” said Chris Skogman, President of Skogman Companies. “Moving to a larger space is a win for Cedar Rapids and will facilitate additional growth in the future”. “We also appreciate the commitment by the Tiffany Earl Williams Team to remain part of Skogman’s market leading commercial real estate group.”
The four-story, historically significant building at 150 1st Avenue has remained largely vacant since Wells Fargo’s departure in 2020. “Prior to the relocation, Midwest Equity will undertake a total renovation of this iconic building, including work that demonstrates its commitment to environmental sustainability in its pursuit of LEED certification and an in-person work experience supporting in building amenities“ said Phil Williams, CSO/COO of Midwest Equity. Phil elaborated, “Companies like ours with employees who work from the office are critical to the success of many of the amenity businesses who contribute to a higher quality of life in Cedar Rapids” said Phil Williams CSO/COO of Midwest Equity. Accordingly, Midwest Equity believes its growth and relocation will contribute to the strength of the central business district. Midwest Equity is a privately held real estate investment firm dedicated to building long-term value and specializing in the ownership and management of high-quality commercial properties throughout the Midwest and Southeast. Skogman Commercial is a renowned real estate services firm in the region, providing expert commercial real estate brokerage for over four decades. The Tiffany Earl Williams team is nationally-recognized, commercial brokerage team under Skogman Commercial umbrella.
About Midwest Equity
Midwest Equity is a privately held real estate investment firm dedicated to building long-term value and specializing in the ownership and management of high-quality commercial properties throughout the Midwest and Southeast. services for over four decades.
About the Tiffany Earl Williams Team
The Tiffany Earl Williams team, part of the Skogman Commercial Real Estate Group, is a nationally recognized, commercial brokerage team, serving both the Corridor and major markets in Iowa and the Midwest.
About Skogman Commercial Real Estate Group
The Skogman Commercial Real Estate Group has been serving the Cedar Rapids community for more than 25 years and is the market leader in Cedar Rapids, Marion and the surrounding areas. Some of the keys to our success include innovative marketing strategies, hundreds of high impact signs across eastern Iowa, affiliation with one of the largest independently owned real estate companies, Skogman Realty, and a number of agents who have received the highest designations in the field. Learn more at www.skogmancommercial.com