May 21, 2020
(Cedar Rapids, IA)- Ahmann Companies is excited to announce The Accel Group will be expanding & relocating to their new location; occupying the second and third floor of a newly constructed mixed-use office/retail building at The Fountains Development. Fusion Architects is finalizing plans for the new building, and Compass Commercial Services broke ground back in April 2020 with a completion date of Spring/Summer 2021. Q4 Real Estate has been working closely with The Accel Group, Ahmann Companies, and The Fountains to broker this transaction.
The Fountains is a mixed-use work/play development on approximately 19 acres, located at the intersection of Edgewood Rd, Blairs Ferry Rd, and Highway 100 extension. With The Accel Group’s relocation, they will be bringing roughly 60+ jobs to The Fountains with room for future growth. An additional 11,000 SF of lease space will be available on the first floor. With traffic counts that exceed 30,000 cars per day, this property is ideal for any commercial user looking for prime visibility in a great location.
“With continued growth and a vision that includes further expansion regionally, we are excited for the opportunity to design and lease a space to better serve our staff and clients,” said Tim Gassmann, CEO of The Accel Group. “What began as a concept has morphed into a testament of the culture and ambitions of our company.”
“With so much concerning economic news in our country today, we are grateful to be able to send a positive message of expansion in our community that will result in new jobs, innovation and unmatched service to clients.”
– Kevin Mease, Partner with The Accel Group
“We are honored to represent both parties of this transaction, and excited to see what they will bring to the Northeast side of Cedar Rapids. We know they will be a great addition to The Fountains, and we look forward to continue working with them.”
– Craig Byers, REALTOR at Q4 Real Estate
“We are excited to be able to assist The Accel Group with their expansion & relocation to The Fountains, and are happy they have chosen to stay & grow in our community. Ahmann Companies is a firm believer in our ability to help companies like Accel meet their growth needs. Because Q4 Real Estate, Fusion Architects, and Compass Commercial Services are all under the same roof, we can work closely together throughout the entire process to exceed our client’s expectations. This is a perfect example of how we collaborate with our client, get creative, and make deals happen. We look forward to seeing The Accel Group’s continued success over the next decade.”
– Joe Ahmann, President of Ahmann Companies
About The Accel Group
The Accel Group provides Individual, Business, and Benefits solutions across the Midwest, with offices in Cedar Rapids, Cedar Falls, Coralville, Waverly, and West Des Moines. Our other areas of specialty include robust Agribusiness and Wealth Management divisions, and a Claims and Risk Improvement division. Through strategic merger and acquisition activity, we have strengthened our company and diversified our products. In turn, we have attracted an impressive talent base to drive our business objectives. The Accel Group isn’t done yet, and the agency plans to continue its growth throughout the Midwest, offering unequaled service to present and future clients.
Recently, they have been named a ‘Circle of Excellence Agency’ by Western National Insurance Group, received a Friends of the Family Outstanding Partner Award for their involvement in the community, and have been honored as an Agency of Distinction by Donegal Insurance Group.
About Q4 Real Estate
Q4 Real Estate represents both commercial space for sale and lease and luxury residential rentals in some of the most desired areas of the Corridor, as well as offering a professional property management service. In the past year, Q4 did in excess of $33,000,000 in leasing and sales volume for their commercial clients. In addition, Q4 Real Estate manages approximately 500,000 square feet of commercial space and approximately 300 luxury residential rentals.
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