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Commercial Real Estate Transactions

Commercial real estate transactions in Polk County from April 29, 2019, through June 12, 2019

7/3/2019

ADDRESS: 208 THIRD ST., DES MOINES
DATE: May 10, 2019
SALE PRICE: $1,300,000
SELLER: FTM INC
BUYER: KELLEY HOLDINGS LLC
ACRES: 0.068
SQUARE FEET: 5,808

ADDRESS: 7035 DOUGLAS AVE., URBANDALE
DATE: May 13, 2019
SALE PRICE: $117,500
SELLER: MC BROOM, JAMES
BUYER: HOUSBY, MICHAEL A
ACRES: 0.385
SQUARE FEET: 1,180

ADDRESS: 3920 UNIVERSITY AVE., WEST DES MOINES
DATE: May 15, 2019
SALE PRICE: $51,196,000
SELLER: WATER TOWER PLACE SHOPPING CENTER LC
BUYER: LOJA WTP LLC
ACRES: 24.315
SQUARE FEET: 278,679

ADDRESS: 1601 WEST LAKES PARKWAY, WEST DES MOINES
DATE: May 16, 2019
SALE PRICE: $500
SELLER: 98 INVESTMENTS LLC
BUYER: 98 WDM LLC
ACRES: 3.155
SQUARE FEET: 29,718

ADDRESS: 4121 N.W. URBANDALE DRIVE, URBANDALE
DATE: May 16, 2019
SALE PRICE: $500
SELLER: 98 INVESTMENTS LLC
BUYER: 98 URBANDALE LLC
ACRES: 3.66
SQUARE FEET: 30,400

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ADDRESS: 3300 HENRY ST. S.W., BONDURANT
DATE: May 16, 2019
SALE PRICE: $500
SELLER: 98 INVESTMENTS LLC
BUYER: 98 BONDURANT LLC
ACRES: 4.802
SQUARE FEET: 21,600

ADDRESS: 3600 SIXTH AVE., DES MOINES
DATE: May 16, 2019
SALE PRICE: $285,000
SELLER: PARKS AREA FOUNDATION
BUYER: ADAMSON PROPERTIES II LLC
ACRES: 0.101
SQUARE FEET: 7,216

ADDRESS: 1408 N.W. LAUREL ST., ELKHART
DATE: May 17, 2019
SALE PRICE: $537,500
SELLER: PEAK DEVELOPMENT CORP
BUYER: PENTA PARTNERS LLC
ACRES: 5
SQUARE FEET: 0

ADDRESS: 2530 UNIVERSITY AVE., DES MOINES
DATE: May 17, 2019
SALE PRICE: $1,450,000
SELLER: NELSON DEVELOPMENT 1 LLC
BUYER: ND DRAKE MULTIFAMILY LLC
ACRES: 0.967
SQUARE FEET: 0

ADDRESS: 1410 N.W. LAUREL ST., ELKHART
DATE: May 17, 2019
SALE PRICE: $537,500
SELLER: PEAK DEVELOPMENT CORP
BUYER: PENTA PARTNERS LLC
ACRES: 4.997
SQUARE FEET: 0

ADDRESS: 108 E. VISTA LAKE AVE., POLK CITY
DATE: May 17, 2019
SALE PRICE: $75,000
SELLER: SENDER’S CONSTRUCTION LLC
BUYER: BRUCE A BOLAND TRUST
ACRES: 3.15
SQUARE FEET: 0

ADDRESS: 400 W. FIRST ST., GRIMES
DATE: May 22, 2019
SALE PRICE: $385,000
SELLER: KENNYBROOK CORP
BUYER: FW JV19 LLC
ACRES: 1.896
SQUARE FEET: 0

ADDRESS: 3702 INGERSOLL AVE., DES MOINES
DATE: May 23, 2019
SALE PRICE: $435,000
SELLER: KENTZY INVESTMENT GROUP LLC
BUYER: K-H PARTNERS
ACRES: 0.335
SQUARE FEET: 4,863

ADDRESS: 6000 GRAND AVE., DES MOINES
DATE: May 23, 2019
SALE PRICE: $2,200,000
SELLER: ELITE RESIDENTIAL HOUSING COOPERATIVE
BUYER: GRAND AVENUE FINANCIAL CENTER LLC
ACRES: 4.42
SQUARE FEET: 29,450

ADDRESS: 3355 S.E. MIEHE DRIVE, GRIMES
DATE: May 23, 2019
SALE PRICE: $80,000
SELLER: RAHMANOVIC, SAMIR
BUYER: HODZIC, SENAD
ACRES: 0.062
SQUARE FEET: 10,800

ADDRESS: NORTH OF HARTFORD AVE.; ON S.E. 15TH ST., DES MOINES
DATE: May 24, 2019
SALE PRICE: $1,000
SELLER: BURR, MELISA M.
BUYER: MACEDA, HERMINIO
ACRES: 0.148
SQUARE FEET: 0

ADDRESS: NORTH OF HARTFORD AVE.; ON S.E. 15TH ST., DES MOINES
DATE: May 24, 2019
SALE PRICE: $1,000
SELLER: BURR, MELISA M.
BUYER: MACEDA, HERMINIO
ACRES: 0.148
SQUARE FEET: 0

ADDRESS: 2821 E. EUCLID AVE., DES MOINES
DATE: May 28, 2019
SALE PRICE: $1,207,730
SELLER: SIMPSON ENTERPRISES INC.
BUYER: EJF LTD
ACRES: 1.667
SQUARE FEET: 16,480

ADDRESS: 2143 GRAND AVE., DES MOINES
DATE: May 28, 2019
SALE PRICE: $1,265,000
SELLER: DKP PROPERTIES LLC
BUYER: ATERRA 146 2143 GRAND AVE DSM LLC
ACRES: 0.964
SQUARE FEET: 15,150

ADDRESS: 2000 EASTON BLVD, DES MOINES
DATE: May 29, 2019
SALE PRICE: $1,600,000
SELLER: GARVIS, GEORGE G.
BUYER: PENTA PARTNERS LLC
ACRES: 2.887
SQUARE FEET: 47,542

ADDRESS: 1960 GRAND AVE., WEST DES MOINES
DATE: May 29, 2019
SALE PRICE: $5,649,090
SELLER: NORMANDY PARTNERS LLC
BUYER: ATERRA 144 1960 GRAND AVE. WDM LLC
ACRES: 5.154
SQUARE FEET: 54,846

ADDRESS: 228 E. ARMY POST ROAD, DES MOINES
DATE: May 30, 2019
SALE PRICE: $300,000
SELLER: 1 AMERICAN EAGLE PLAZA INC.
BUYER: 1700 E. GRAND INC.
ACRES: 0.769
SQUARE FEET: 6,810

ADDRESS: 10168 HICKMAN COURT, CLIVE
DATE: May 30, 2019
SALE PRICE: $800,000
SELLER: GRAHAM, MICHAEL R.
BUYER: RJW LLC
ACRES: 1
SQUARE FEET: 11,400

ADDRESS: 4545 E. 50TH ST., DES MOINES
DATE: May 31, 2019
SALE PRICE: $1,325,000
SELLER: MELMAR HOLDINGS LLC
BUYER: SIMOTAS PETRATOU FAMILY TRUST
ACRES: 2.22
SQUARE FEET: 4,000

ADDRESS: 1455 29TH ST., WEST DES MOINES
DATE: May 31, 2019
SALE PRICE: $6,440,000
SELLER: FOURTEEN 55 29TH ST. LC
BUYER: CF DES MOINES LLC
ACRES: 1.897
SQUARE FEET: 11,204

ADDRESS: 320 N.W. 36TH ST., ANKENY
DATE: June 3, 2019
SALE PRICE: $980,460
SELLER: KIMBERLEY PROPERTIES INC.
BUYER: KWIK TRIP INC.
ACRES: 1.876
SQUARE FEET: 0

ADDRESS: 3705 SIXTH AVE., DES MOINES
DATE: June 3, 2019
SALE PRICE: $120,000
SELLER: JKM RENTAL CORP
BUYER: 3705 6TH AVENUE LLC
ACRES: 0.298
SQUARE FEET: 5,526

ADDRESS: 4230 121ST ST., URBANDALE
DATE: June 4, 2019
SALE PRICE: $1,100,000
SELLER: PARK AVE PARTNERS LC
BUYER: JAKS PROPERTIES II LLC
ACRES: 6.471
SQUARE FEET: 0

ADDRESS: 4101 121ST ST., URBANDALE
DATE: June 4, 2019
SALE PRICE: $6,379,820
SELLER: PARK AVE PARTNERS 1 LC
BUYER: JAKS PROPERTIES II LLC
ACRES: 7.16
SQUARE FEET: 82,520

ADDRESS: 1511 E. ARMY POST ROAD, DES MOINES
DATE: June 4, 2019
SALE PRICE: $250,000
SELLER: SMITH, KEVIN M.
BUYER: LAG LLC
ACRES: 0.525
SQUARE FEET: 3,600

ADDRESS: 1360 N.W. 18TH ST., ANKENY
DATE: June 4, 2019
SALE PRICE: $215,570
SELLER: ALBAUGH, DENNIS R.
BUYER: RICKELMAN HOLDINGS COMPANY LLC
ACRES: 0.825
SQUARE FEET: 0

ADDRESS: 6172 N.E. INDUSTRY DRIVE, DES MOINES
DATE: June 5, 2019
SALE PRICE: $1,950,000
SELLER: DRA PROPERTIES LC
BUYER: AMD PROPERTIES LLC
ACRES: 3.526
SQUARE FEET: 21,600

ADDRESS: 8805 CHAMBERY BLVD., STE 800, JOHNSTON
DATE: June 5, 2019
SALE PRICE: $300,000
SELLER: KBR PROPERTIES LLC
BUYER: RPE 800 LLC
ACRES: 7.495
SQUARE FEET: 4,725

ADDRESS: 1901 BELL AVE., DES MOINES
DATE: June 5, 2019
SALE PRICE: $12,500,000
SELLER: SL 1901 BELL AVENUE LLC
BUYER: 1901 BELL AVE LLC
ACRES: 48.775
SQUARE FEET: 658,855

ADDRESS: 505 N.E. BROADWAY AVE., DES MOINES
DATE: June 6, 2019
SALE PRICE: $59,000
SELLER: SCHROEDER, BRIAN W.
BUYER: HERRERA, EFRAIN
ACRES: 0.423
SQUARE FEET: 0

ADDRESS: 3516 S.W. NINTH ST., DES MOINES
DATE: June 7, 2019
SALE PRICE: $107,500
SELLER: H&O PROPERTY SOLUTIONS LLC
BUYER: TIMOTHY CARSON IRA
ACRES: 0.149
SQUARE FEET: 3,550

ADDRESS: 5959 VILLAGE VIEW DRIVE, WEST DES MOINES
DATE: June 7, 2019
SALE PRICE: $2,437,500
SELLER: LB PROPERTIES XIV LLC
BUYER: HURD PONDEROSA LLC
ACRES: 1.107
SQUARE FEET: 16,920

ADDRESS: 612 ADVENTURELAND DRIVE N.E., ALTOONA
DATE: June 12, 2019
SALE PRICE: $25,000,000
SELLER: IOWA COLD STORAGE LLC
BUYER: LINEAGE ICS LLC
ACRES: 15.405
SQUARE FEET: 325,160

ADDRESS: 4305 UNIVERSITY AVE., DES MOINES
DATE: June 12, 2019
SALE PRICE: $255,000
SELLER: PONCHA PROPERTIES LLC
BUYER: BIG SKY PROPERTIES LLC
ACRES: 0.321

ADDRESS: 1820 E. EUCLID AVE., DES MOINES
DATE: June 12, 2019
SALE PRICE: $175,000
SELLER: MICHAEL E. NIKOLAS LLC
BUYER: AWS-DSM LLC
ACRES: 0.831
SQUARE FEET: 7,666 ♦

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