Commercial Real Estate

2/5/2020

Commercial real estate transactions in Polk County from Dec. 12, 2019, through Jan. 16, 2020

ADDRESS: 5910 S.E. RIO CIRCLE, ANKENY
SALE DATE: DEC. 12, 2019
PRICE: $17,400,000
SELLER: OPUS DEVELOPMENT COMPANY LLC
BUYER: STAG INDUSTRIAL HOLDINGS LLC
SQUARE FEET: 200,688
ACRES: 20.259

ADDRESS: 3205 GRAND AVE., DES MOINES
SALE DATE: DEC. 13, 2019
PRICE: $3,059,000
SELLER: GRAND PRIX COOPERATIVE HOUSING ASSOC
BUYER: IMPERIAL GRAND PRIX LLC
SQUARE FEET: 26,793
ACRES: 0.923

ADDRESS: 3407 GRAND AVE., DES MOINES
SALE DATE: DEC. 13, 2019
PRICE: $6,557,000
SELLER: THE IMPERIAL COOP HOUSING ASSOC
BUYER: IMPERIAL GRAND PRIX LLC
SQUARE FEET: 74,472
ACRES: 1.625

ADDRESS: 1312 LOCUST ST., DES MOINES
SALE DATE: DEC. 13, 2019
PRICE: $10,000,000
SELLER: WESTGATE PARTNERSHIP LLC
BUYER: HURD PLATTSMOUTH LLC
SQUARE FEET: 66,180
ACRES: 1.504

ADDRESS: 1604 N.W. STATE ST. UNIT 101 BLDG 2, ANKENY
SALE DATE: DEC. 17, 2019
PRICE: $1,460,000
SELLER: CLASSIC HOLDINGS LLC
BUYER: 1810 SW PLAZA SHOPS LANE LLC
SQUARE FEET: 10,726
ACRES: 1.245

ADDRESS: 2071 DEAN AVE., DES MOINES
SALE DATE: DEC. 17, 2019
PRICE: $620,000
SELLER: ACOSTA-GALICIA, RUBEN
BUYER: FRANZENBURG COMMERCIAL REAL ESTATE LLC
SQUARE FEET: 9,424
ACRES: 1.072

ADDRESS: 5652 N.W. SECOND ST., DES MOINES
SALE DATE: DEC. 17, 2019
PRICE: $790,610
SELLER: 2ND AVENUE BUSINESS PARK LLC
BUYER: GEIER & GEIER INC
SQUARE FEET: 0
ACRES: 4.845

ADDRESS: 2515 GRAND AVE., DES MOINES
SALE DATE: DEC. 17, 2019
PRICE: $275,000
SELLER: SCHUPP, JOSEPH G., III
BUYER: TERRACE HILL I LLC
SQUARE FEET: 2,136
ACRES: 0.173

ADDRESS: 2168 GRAND AVE., WEST DES MOINES
SALE DATE: DEC. 17, 2019
PRICE: $14,300,000
SELLER: JORDAN CREEK RESIDENTIAL COOPERATIVE
BUYER: WDM ARTISAN LLC
SQUARE FEET: 192,222
ACRES: 9.265

ADDRESS: 238 52ND ST., WEST DES MOINES
SALE DATE: DEC. 17, 2019
PRICE: $7,950,000
SELLER: WESTWOOD RESIDENTIAL COOPERATIVE
BUYER: WDM ARTISAN LLC
SQUARE FEET: 122,094
ACRES: 6.77

ADDRESS: 435 N.W. 48TH PLACE, DES MOINES
SALE DATE: DEC. 18, 2019
PRICE: $325,000
SELLER: NICHOLS PROPERTIES LLC
BUYER: OLSON, ADAM
SQUARE FEET: 2,590
ACRES: 0.949

ADDRESS: 5579 N.E. 22ND ST., DES MOINES
SALE DATE: DEC. 18, 2019
PRICE: $2,689,840
SELLER: MIDWEST MOTOR EXPRESS INC
BUYER: STORE CAPITAL ACQUISITIONS LLC
SQUARE FEET: 25,160
ACRES: 13.3

ADDRESS: 12023 N.E. 22ND ST., ANKENY
SALE DATE: DEC. 18, 2019
PRICE: $3,142,720
SELLER: MILLER, RANDY R.
BUYER: KIMBERLY DEVELOPMENT CORPORATION
SQUARE FEET: 0
ACRES: 0

ADDRESS: 200 S.E. GATEWAY DRIVE, GRIMES
SALE DATE: DEC. 20, 2019
PRICE: $1,800,000
SELLER: CHARLES I. COLBY & RUTH COLBY INVESTMENT TRUST
BUYER: GRIMES PLAZA PARTNERS, LLC
SQUARE FEET: 16,920
ACRES: 2.01

ADDRESS: 301 S.W. 14TH ST., DES MOINES
SALE DATE: DEC. 20, 2019
PRICE: $7,984,540
SELLER: RIVER POINT WEST LLC
BUYER: BLACKACRE DEVELOPMENT LLC
SQUARE FEET: 29,704
ACRES: 11.261

ADDRESS: 5614 N.E. 12TH AVE., PLEASANT HILL
SALE DATE: DEC. 20, 2019
PRICE: $250,000
SELLER: WONDERLICH, WILLIAM J.
BUYER: HAPPY BUDDHA PRECIOUS TEMPLE INC
SQUARE FEET: 0
ACRES: 1.465

ADDRESS: 413 S.W. 12TH ST., DES MOINES
SALE DATE: DEC. 23, 2019
PRICE: $2,181,880
SELLER: HRC NFS I LLC
BUYER: GRAY’S STATION TOWNHOMES LLC
SQUARE FEET: 0
ACRES: 0.719

ADDRESS: 2904 KINGMAN BLVD., DES MOINES
SALE DATE: DEC. 23, 2019
PRICE: $320,000
SELLER: SANDAHL, KARIN L.
BUYER: LIVING WATER EVANGELICAL FREE CHURCH OF DES MOINES
SQUARE FEET: 4,694
ACRES: 0.501

ADDRESS: 6050 S.E. 14TH ST., DES MOINES
SALE DATE: DEC. 23, 2019
PRICE: $1,565,000
SELLER: AJC INVESTMENTS LLC
BUYER: DANLEE CORP
SQUARE FEET: 10,230
ACRES: 2.191

ADDRESS: 5295 MERLE HAY ROAD, JOHNSTON
SALE DATE: DEC. 23, 2019
PRICE: $500,000
SELLER: HAYES, CAROLINE S.
BUYER: HAYES DSM RENTALS LLC
SQUARE FEET: 5,075
ACRES: 0.498

ADDRESS: QC63+4H ANKENY
SALE DATE: DEC. 23, 2019
PRICE: $1,551,150
SELLER: DESTIGTER FAMILY LP
BUYER: BRIARWOOD MEMBERSHIP ASSOCIATION INC
SQUARE FEET: 0
ACRES: 8.252

ADDRESS: 5830 S.E. 14TH ST., DES MOINES
SALE DATE: DEC. 26, 2019
PRICE: $3,425,000
SELLER: PIGSKIN FARMS LLC
BUYER: DINGEL PROPERTIES
SQUARE FEET: 4,995
ACRES: 2

ADDRESS: 2135 S.W. NINTH ST., DES MOINES
SALE DATE: DEC. 26, 2019
PRICE: $336,000
SELLER: CONINTHIAN MIDWEST VENTURES II LLC
BUYER: 3SONS ENTERPRISES, LLC
SQUARE FEET: 6,936
ACRES: 0.694

ADDRESS: 7975 UNIVERSITY BLVD., CLIVE
SALE DATE: DEC. 26, 2019
PRICE: $367,000
SELLER: CORINTHIAN MIDWEST VENTURES II LLC
BUYER: 3SONS ENTERPRISES, LLC
SQUARE FEET: 3,819
ACRES: 0.456

ADDRESS: J8Q2+W7 URBANDALE
SALE DATE: DEC. 26, 2019
PRICE: $2,256,000
SELLER: CORINTHIAN MIDWEST VENTURES LLC
BUYER: 3SONS ENTERPRISES, LLC
SQUARE FEET: 29,210
ACRES: 29.3

ADDRESS: 7601 FLEUR DRIVE, DES MOINES
SALE DATE: DEC. 26, 2019
PRICE: $865,000
SELLER: CORINTHIAN MIDWEST VENTURES LLC
BUYER: 3SONS ENTERPRISES, LLC
SQUARE FEET: 4,656
ACRES: 33.921

ADDRESS: 1151 23RD ST., DES MOINES
SALE DATE: DEC. 27, 2019
PRICE: $204,000
SELLER: GREATER DES MOINES HABITAT FOR HUMANITY INC
BUYER: MABYOR ANGUEY, ANDRO
SQUARE FEET: 1,853
ACRES: 0.138

ADDRESS: 932 N. SHADYVIEW BLVD., PLEASANT HILL
SALE DATE: DEC. 30, 2019
PRICE: $585,000
SELLER: C & C REAL ESTATE LLC
BUYER: 932 N SHADYVIEW LLC
SQUARE FEET: 3,371
ACRES: 0.917

ADDRESS: 9850 DOUGLAS AVE., URBANDALE
SALE DATE: DEC. 30, 2019
PRICE: $3,400,000
SELLER: HIDDEN CANYON HOLDINGS LLC
BUYER: GNT PROPERTIES IOWA, LLC
SQUARE FEET: 41,288
ACRES: 6.22

ADDRESS: 207 SEVENTH ST., DES MOINES

SALE DATE: DEC. 30, 2019
PRICE: $24,051,790
SELLER: LAWMARK CAPITAL INC
BUYER: LAWMARK LP
SQUARE FEET: 949,258
ACRES: 3.258

ADDRESS: 1501 ARLINGTON AVE., DES MOINES
SALE DATE: JAN. 2, 2020
PRICE: $185,000
SELLER: AGUILAR, CARMELO
BUYER: CAPITAL CITY PROPERTIES LLC
SQUARE FEET: 1,896
ACRES: 0.207

ADDRESS: 1350 TUTTLE ST., DES MOINES
SALE DATE: JAN. 8, 2020
PRICE: $1,800,000
SELLER: MOFFITT, DAVID C.
BUYER: BLACKACRE DEVELOPMENT LLC
SQUARE FEET: 44,906
ACRES: 3.005

ADDRESS: 1690 ALL-STATE COURT, WEST DES MOINES
SALE DATE: JAN. 8, 2020
PRICE: $280,000
SELLER: ALL-STATE INVESTMENTS LC
BUYER: JAW INVESTMENTS LLC
SQUARE FEET: 0
ACRES: 5.33

ADDRESS: ON INDIANOLA AVENUE AND S.E. 72ND AVENUE, BLOOMFIELD/ALLEN, DES MOINES
SALE DATE: JAN. 8, 2020
PRICE: $2,000,000
SELLER: STEVENS, JOANNE M.
BUYER: FLUMMERFELT EAGLE POINTE LLC
SQUARE FEET: 0
ACRES: 38.485

ADDRESS: 5250 N.E. 17TH ST., DES MOINES
SALE DATE: JAN. 9, 2020
PRICE: $1,800,000
SELLER: 5250 LLC
BUYER: IPE1031 REV337 LLC
SQUARE FEET: 48,701
ACRES: 2.477

ADDRESS: 101 RHOTEN AVE., RUNNELLS
SALE DATE: JAN. 10, 2020
PRICE: $375,000
SELLER: LIPPOLD, PAUL J.
BUYER: CTB ENTERPRISES LLC
SQUARE FEET: 6,468
ACRES: 1.05

ADDRESS: 465 CENTER PLACE S.W., ALTOONA
SALE DATE: JAN. 10, 2020
PRICE: $1,800,000
SELLER: SPIDER MONKEY LLC
BUYER: C&C REAL ESTATE LLC
SQUARE FEET: 4,514
ACRES: 0.72

ADDRESS: 5051 E. UNIVERSITY AVE., PLEASANT HILL
SALE DATE: JAN. 14, 2020
PRICE: $480,000
SELLER: NORTH CENTRAL PROPERTIES LLC
BUYER: M AND N HOMES, LLC
SQUARE FEET: 2,627
ACRES: 0.321

ADDRESS: 3615 SIXTH AVE., DES MOINES
SALE DATE: JAN. 15, 2020
PRICE: $80,000
SELLER: MARTHA L. MARTINSON REV TRUST
BUYER: NEIGHBORHOOD DEVELOPMENT CORP
SQUARE FEET: 3,500
ACRES: 0.149

ADDRESS: 112 S.E. FOURTH ST., DES MOINES
SALE DATE: JAN. 15, 2020
PRICE: $1,200,000
SELLER: GRDN LLC
BUYER: STAPEK PARTNERS, LLC
SQUARE FEET: 17,657
ACRES: 0.447

ADDRESS: 3205 KINGMAN BLVD., DES MOINES
SALE DATE: JAN. 15, 2020
PRICE: $925,000
SELLER: KINGMAN APARTMENTS LLC
BUYER: DRAKEMAN, LLC
SQUARE FEET: 11,368
ACRES: 0.864

ADDRESS: 441 S.E. GATEWAY DRIVE, GRIMES
SALE DATE: JAN. 16, 2020
PRICE: $765,530
SELLER: KAUSALIK INTEGRATED DAYCARE SERVICES LC
BUYER: ET REAL ESTATE HOLDINGS, LLC
SQUARE FEET: 9,180
ACRES: 1.486 ♦