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Broker Team Tim Sharpe and Linda Gibbs named 2005 Downtown Brokers of the Year

DOWNTOWN DES MOINES – Broker team Tim Sharpe and Linda Gibbs of CB Richard Ellis/Hubbell Commercial, were named 2005 Downtown Brokers of the Year at 11:30 a.m. today, Thursday, March 16, at an award reception held in the left field skyboxes of Principal Park. Sharpe and Gibbs were recognized by Downtown Community Alliance for leasing or selling over 309,461 square feet of space in the downtown area. The team received a 2005 Broker of the Year plaque and a travel voucher for $2,000. Also recognized were transaction leader team Marcus Pitts and Kevin Sullivan for the most total transactions, and Heath Bullock received the Special Recognition award for his contributions to downtown. Pitts, Sullivan and Bullock are all of CB Richard Ellis/Hubbell Commercial. The winners received $500 travel vouchers (or $250 per person in the team situation) for their efforts. The Downtown Broker of the Year award ceremony included a presentation by Midge McCauley, an expert in urban initiatives and downtown retail environments from Washington DC. McCauley, Principal of the Economic Research Association, spoke about some potential concept developments and leasing strategies for downtown Des Moines. McCauley has twenty-five years experience as a specialist in retail consulting for urban projects, business improvement districts and community development operations experience. The luncheon was organized by Downtown Community Alliance (DCA) to recognize the 2005 downtown broker of the year and discuss the growing retail and commercial opportunities in downtown with the development community. DCA developed the downtown broker of the year award in 2003 to recognize the broker(s) who do the most business downtown. “The Downtown Broker of the Year annual award is a great way to recognize an individual broker or broker team, for his/her efforts in downtown,” said Tim Leach, Vice President of Economic Development for Downtown Community Alliance. “The commercial broker is very important to downtown. Our intent is to continue to grow this relationship and continue to reward the top producers.” With the redevelopment of buildings like Equitable, Liberty, Spaghetti Market and White Line Lofts, buildings that used to be vacant are being repositioned and will soon have new occupants. Leach continues, “It’s great that we can save these unique, old structures and have them for another 100 years.”

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