Commercial revenues were up at one firm during 2007, according to an article in the Commercial Real Estate Weekly email publication of Business Publications Corporation in Des Moines, Iowa.

The Quad City Times reports that NAI Ruhl & Ruhl Commercial Company set a sales record for the firm in 2007, eclipsing $260 million in sales and closed transactions. That figure is up 4% from sales volume in 2006. Ruhl & Ruhl is based in the Quad Cities, which is a conglomeration of cities on both sides of the Mississippi River in Iowa and Illinois, the largest of which is Davenport, Iowa.

The Des Moines branch of Ruhl & Ruhl also saw growth during 2007. Kurt Mumm, president of the Des Moines office, was quoted as saying, “We are seeing a lot of out-of-state investors interested in Iowa.”

One of the reasons that the company has been able to remain stable and even increase revenues is a subtle shift to more focus on property management and maintenance services.

Ken Tharp

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