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NOTABLE TRANSACTIONS: Medical property in Ankeny sold for $31.7 million

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A Georgia-based real estate company that specializes in the medical and office sectors has acquired property in Ankeny on which Mercy Medical North is located, Polk County real estate records show.

800 E First St Owner LLC, managed by SG Property Services LLC, acquired the 12.6-acre parcel, paying Ankeny North MOB LLC $31.7 million for the property, records show. SG Property Services is located in Atlanta, Ga., and, according to its website, focuses on health care-oriented real estate and professional office development.

The Ankeny property includes a two-story, 100,751-square-foot medical office building constructed in 2004.

The property is valued at $24.7 million. The transaction was recorded Oct. 17.

In other transactions:

Rudraksha Hospitality Inc., located in Oskaloosa, paid Premier Hotel Management LLC $4.3 million for property at 215 N.E. Delaware Ave. in Ankeny, records show. The nearly 2-acre parcel includes a three-story hotel with 67 guest rooms. The 40,164-square-foot building, occupied by Comfort Inn and Suites, was constructed in 2001. The property is valued at $3.1 million. The transaction was recorded Oct. 17.

Glasgow Group Altoona IA Series LLC, located in Algonquin, Ill., paid Fifty-one forty-nine LLC $2.2 million for property located at 1220 34th Ave. S.W. in Altoona, records show. The 2.3-acre parcel includes a mini warehouse storage facility occupied by All Climate Storage. The storage facility, which includes 32,892 square feet of space, was built in 2004. The property is valued at just over $2 million. The transaction was recorded Oct. 17.

Western Montana Land & Cattle Co. LLC, located in Polson, Mont., paid Rasmussen Group Inc. $730,502 for undeveloped property at 2244 N.E. 54th Ave. in Des Moines, records show. The property includes 2.5 acres. The transaction was recorded Oct. 17.

Woodland Office Park Property LLC, located in Clive, paid Woodland Park Associates LC just over $2 million for property at 3408 Woodland Ave. in West Des Moines, records show. The 3.1-acre Woodland Office Park includes five one-story buildings with a combined total of 26,880 square feet of space. The office park was developed in 1991. The property is valued at just over $2 million. The transaction was recorded Oct. 18.

Dallas County

Joseph Bulens paid Showtime Roofing LLC $2 million for property at 18261 Valleyview Circle in Clive, Dallas County real estate records show. The property includes a 4,118-square-foot single-family house whose construction was recently completed. The transaction was recorded Oct. 18.

Misty and Darin Gruver paid KRM Development LLC just over $1 million for property at 4010 N.W. 181st St. in Clive, records show. The property includes a 1,985-square-foot single-family house whose construction was recently completed. The transaction was recorded Oct. 18.

XL Storage Waukee LLC, located in Clive, paid Waukee Land Investment LLC $911,928 for undeveloped land at 230 N.W. 17th St. in Waukee, records show. The 5.3-acre parcel is zoned commercial. The transaction was recorded Oct. 15.

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Kathy A. Bolten

Kathy A. Bolten is a senior staff writer at Business Record. She covers real estate and development, workforce development, education, banking and finance, and housing.

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