JBS USA has acquired 88.7 acres of farm land in Perry on which the food manufacturer plans on building a sausage production facility (rendering on the right), Dallas County real estate records show.

JBS paid Carl Stukenholtz $4.5 million for the property in a transaction that was recorded on Sept. 9.

The land is east of L Avenue and less than one-mile south of Iowa Highway 141.

JBS USA, headquartered in Greeley, Colo., announced in May that it would invest $135 million to develop the production facility that is expected to eventually employ up 500 people.

Construction of the facility is expected to begin late this year or early 2026 with completion within a year. The Iowa Economic Development Authority in June approved more than $12 million in assistance to JBS.

The acquisition is the second by JBS in Central Iowa in the past month. In late August, JBS acquired an idled food production facility in Ankeny for $40 million. The company plans on upgrading the facility where it will make ready-to-eat bacon and sausage products.

In other transactions:

2516 Perry Park Ave LLC, based in Ankeny, paid Volkan Properties 2 LLC just over $2 million for property at 2516 Perry Park Ave., records show. The property includes the Southlawn Apartments, built in phases between 1978 and 1981. The property is valued at $1.7 million. The transaction was recorded Sept. 8.

McDonald’s Real Estate Co., headquartered in Chicago, paid Horizon Properties LC and RDS Capital LLC $925,000 for undeveloped property at Guthrie and Ash streets in DeSoto, records show. The nearly 2-acre parcel is undeveloped. The transaction was recorded Sept. 10.

Polk County

Private equity firm buys warehouse properties in Des Moines

A private equity firm based in Evanston, Ill., has acquired two warehouse properties in Des Moines’ Highland Park/Oak Park neighborhood, Polk County real estate records show.

Maxwell Street Capital Partners, doing business as PDM SLB LLC, paid 6th Avenue Properties LC $955,070 for property at 2730 Sixth Ave., records show. The equity firm also paid Past Properties II LC $3.4 million for property at 2701 Onthank Drive. The two properties, which abut another, are north of North High School’s Grubb Stadium.

The property at 2730 Sixth Ave. includes a one-story, 15,245-square-foot office/warehouse built in 1974. The property is valued at $1.2 million.

The 2.3-acre parcel at 2701 Onthank Drive includes a 81,808-square-foot warehouse built in 1963. The one-story structure is described as in below normal condition by the Polk County assessor. The property is valued at $2.58 million.

PDM Distribution Service Inc. occupies the building at 2730 Sixth Ave. Limited liability companies managed by PDM Distribution Service previously owned the properties.

Maxwell Street Capital Partners describes itself as a “lower middle-market private equity firm focused on transportation, logistics and route-based services businesses.”

The transactions were recorded Sept. 11.

In other transactions:

The Mark Birchmier Living Trust paid the Parizek Survivor’s Trust and Saltzman Trust $1.1 million for 120 acres in northeast Polk County, records show. The farmland is generally located about one-half mile north of Northeast 142nd Avenue between Northeast 112th and Northeast 120th streets. The transaction was recorded Sept. 12.

Matthew and Kathryn Lambert and Shirleen Formaker paid Sage Homes Inc. just over $1 million for property at 351 NE Ninth St. in Polk City, records show. The transaction was recorded Sept. 12.