AABP EP Awards 728x90

NOTABLE TRANSACTIONS

/wp-content/uploads/2022/11/BR_web_311x311.jpeg

Des Moines-area investors paid a California-based group $25.7 million for industrial warehouses in northeast Des Moines, Polk County real estate records show.

A group with ties to the Des Moines investors is Premier Cos., whose owners and partners include James Myers, Troy Strawhecker, James Rizzuti and Joe Ekis, records show. 

The three industrial buildings that were sold are occupied by Jacobson Cos., a Des Moines-based third-party logistics group that provides end-to-end supply chain management services.

The buildings sold include:

• A 422,212-square-foot industrial building at 3811 Dixon St., that is listed as the headquarters for Jacobson Cos. The building, which sits on 20.5 acres, was constructed in 1970. The property in 2019 was valued at $7 million, according to the Polk County Assessor. The building was sold for $8.35 million.

• A 199,180-square-foot industrial warehouse building at 3901 Dixon St. The building was constructed in 1995 and in 2019, was valued at $6.57 million, records show. The building sold for $13.54 million.

• A 131,160-square-foot structure at 1675 N.E. 51st Ave. The building was constructed in 1965 and valued at $3.1 million, records show. The building sold for $2.8 million.

The transactions were recorded on May 22.

RELATED ARTICLE: Commercial real estate deals, large developments still occurring even during global pandemic

Casey’s Marketing Co. paid Midwest Radio Inc. $1.73 million for 2.49 acres in Ankeny along Southeast Creekview Drive near Interstate Highway 35, records show. An exact address was not available. Midwest Radio is operated by developer Richard Eychaner. The transaction was closed May 22.