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CB Richard Ellis/Hubbell Commercial Advises City Altoona on Land Purchase for New Soccer Complex

Altoona, IA (October 23, 2009) – CB Richard Ellis/Hubbell Commercial, Iowa’s largest commercial real estate broker, announced today that Sales Associate Craig King advised the city of Altoona in the purchase of two parcels totaling 116.5 acres east of First Avenue South and north of 24th Street in Altoona. The 79 acre parcel to the north will be utilized for the new Altoona Youth Soccer Complex, which will be ready for league play by spring 2011. The 37 acre parcel to the south is slated to be part of a regional storm water detention park. “This project will provide the youth of our community with a state of the art soccer facility and promote commercial activity as the host of regional tournaments,” states Jeff Mark, City Manager for the City of Altoona. “The relocating of the soccer facilities also allows for the expansion of our existing youth complex for baseball and softball.”

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