City:
Manchester is a city in the state of iowa with a population of roughly 7,826. It is in Delaware, Iowa Its Zip codes include 52057 .
Manchester is a city located in Johnson County, Iowa, United States. As of the 2010 census, the city population was 8,912. Manchester is home to the University of Iowa Hospitals and Clinics and its medical research facilities are among the most renowned in the world. The city's economy is based on health care and technology businesses.
Real estate in Manchester has always been an important part of its economy. In 1892, George Hoadley founded Hoadley & Co., a real estate firm that became one of Manchester's largest employers. In recent years, there has been a resurgence in real estate activity in Manchester. This has been due to several factors: increased demand for housing due to rising incomes and increased interest rates; growth of technology businesses; and expansion of health care facilities into new areas within the city limits.
There are currently three major types of real estate in Manchester: commercial real estate; residential real estate; and land development. Commercial real estate includes office buildings, retail stores, hotels, apartments, and other types of commercial properties. Residential real estate includes single-family homes as well as multi-unit dwellings such as condos and townhouses. Land development includes everything from small subdivisions to large corporate campuses or entire neighborhoods consisting of hundreds or thousands of homes.
The main market for commercial real estate in Manchester is downtown area which houses many high-tech companies including Microsoft Corporation (MSFT), Dell Inc., Symantec Corporation (SYMC), Garmin Ltd., Intel Corporation (INTC), National Semiconductor Corporation (NSM) , Abbott Laboratories (ABT) , Medtronic plc (MDT) , Honeywell International Incorporated (HON) , 3M Company (MMM) . Other major markets include east side near University Avenue which houses hospitals like UIHC & Clinics along with other medical research organizations like Merck & Co., Inc.; west side near Interstate 35 which houses many technology companies like Google LLC.(GOOGL), Facebook Inc., LinkedIn Corp., Apple Inc.; south side near Highway 6 which contains many apartment complexes; north side near Highway 20 which contains industrial properties such as grain elevators etc.; northwest corner near US Route 30 which contains shopping centers like Westdale Mall . There are also numerous smaller markets scattered throughout the city including ones for retail stores such as Macy's Department Store at Eastland Center mall etc.. The current vacancy rate for commercial space ranges from 2% - 4%. Downtown area has seen some vacancy rates increase recently but overall it remains quite active with new construction projects coming up all the time . Residential property remains relatively stable with low vacancy rates although prices have increased significantly over past few years especially around University Avenue area where there is an increasing demand from young professionals who want to live close to their work place . Land development continues to be one of the most active sectors with new projects coming up almost every month both big and small . Apartments are becoming more popular especially around downtown area while corporate campuses are becoming more common especially around east side near University Avenue where there is plenty of available land