Retail and service industry also performed well, while demand for office space lags, GLD reports
CEDAR RAPIDS — A surge in industrial data center development drove commercial growth in Cedar Rapids last year while demand for traditional office space continued to lag below pre-pandemic levels, according to the annual report from real estate firm GLD Commercial.
The firm’s commercial real estate report states the 2025 market in and around Cedar Rapids was “characterized by strong industrial growth, … a transitioning office sector (and) resilient retail” operations…