NOTABLE TRANSACTIONS: Office buildings in West Des Moines sold for $3.79 million

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Kavi Ventures LLC, located in West Des Moines, paid Lifespace Communities Inc. $3.79 million for property at 4201 Corporate Drive in West Des Moines, Polk County records show. The 3-acre parcel includes two, one-story buildings connected by an enclosed walkway. The combined space in the buildings totals over 30,000 square feet. The property is valued at $4.1 million. The transaction was recorded Sept. 11.

In other transactions:

NMI Hospitality Inc., based in Grand Rapids, Mich., paid Mkrt Inc. just over $1 million for property at 105 14th St. in West Des Moines, records show. The property includes a car wash built in 1988. The property is valued at $539,000. The transaction was recorded Sept. 9.

Brian and Morgan Herther paid Ginni and Marc Peterson $1.1 million for property at 1740 Cedarwood Circle in Clive, records show. The two-story, 3,707-square-foot house was built in 1989. The transaction was recorded Sept. 9.

Michael Frazier Jr. and Emilie Frazier paid Kenton and Kelsey McBride $1.25 million for property at 12369 N.W. 102nd Ave. in Granger, records show. The 6.6-acre parcel includes a 2,648-square-foot house built in 2019. The transaction was recorded Sept. 10.

The Waldo Geiger Revocable Trust and the Toby Geiger Revocable Trust paid Longboat Leasing Co. Inc. $3.45 million for property at 10435 and 10525 New York Ave. in Urbandale, records show. The nearly 2-acre parcel at 10435 New York Ave. includes a one-story, 29,632-square-foot building constructed in 1993. The property is valued at $3.7 million. The property at 10525 New York Ave. includes nearly 2 acres of semi-improved land on which a surface parking lot is located. The property is valued at $449,100. The transaction was recorded Sept. 10.

Brian and Julie Hoey paid Nathan and Danielle Pierson $1.2 million for property at 11747 N.W. 102nd Ave. in Granger, records show. The 3-acre parcel includes a 2,185-square-foot house built in 2018. The transaction was recorded Sept. 10.

Twin Oaks Residences LLC, based in Johnston, paid TKKT LLC $1.7 million for property at 6315 Hickman Road in Des Moines, records show. The property includes two, three-story apartment buildings, each with 12 two-bedroom units. The buildings were constructed in 1968. The property is valued at $1.57 million. The transaction was recorded Sept. 10.

New Horizon Cuisine, located in Ankeny, paid Nextera Properties LLC $1.5 million for property at 7405 S.E. Northstar Drive in Ankeny, records show. The 6.3-acre parcel is undeveloped. The transaction was recorded Sept. 12.

MidCountry Holdings LLC, located in Grimes, paid Eldridge Welding & Machine Co. $1.8 million for property at 1221 Illinois St. in Des Moines, records show. The nearly 2-acre parcel includes a 23,408-square-foot light industrial building constructed in 1982. The property is valued at $1.6 million. The transaction was recorded Sept. 13.

Cologix DSM3 LLC, located in Denver, Colo., paid seven individuals and entities $5.2 million for property east of Northeast 56th Street and about one-quarter mile north of 25th Street Northwest in Altoona, records show. Sellers of the 78.5-acre parcel include the William Sprague Revocable Trust, the Dorothy McCleary Property Management Trust, the Vignaroli Family Living Trust, Judy Sprague, Lou Ann Sprague-Anderson, Justine Jurgensen and Danika Findley Streeter. The parcel is north of a warehouse development and northeast of Facebook’s Altoona data farm campus. The transaction was recorded Sept. 13.

Dallas County

Deterding Farms LLC, located in Johnston, paid VandeBerg Farms LLC $1.2 million for property located between Interstate Highway 80 and the Raccoon River, Dallas County real estate records show. The 80-acre parcel is west of Old Portland Road. Nearly 30 acres of the property is heavily treed. The remainder is agriculture. The transaction was recorded Sept. 13.

The Wayne and Sandra Beck Revocable Trust paid Michael and Jennifer Bath $1.1 million for property at 11226 Twilight Drive in West Des Moines, records show. The property includes a 2,041-square-foot house built in 2022. The transaction was recorded Sept. 12.

LRE Ia Clive LLC, based in Oviedo, Fla., paid Fareway Stores Inc. $1.1 million for property at 16035 Hickman Road in Clive, records show. The 2.86-acre undeveloped parcel is just east of a recently completed Fareway grocery store. The transaction was recorded Sept. 10.

Nicole and Michael Meyerring paid Christopher and Elizabeth Nelson just over $1 million for property at 3417 160th St. in Urbandale, records show. The property includes a 3,400-square-foot house built in 2009. The transaction was recorded Sept. 9.

Tax Education Support Organization, located in Waukee, paid D O Double G LLC $2 million for property at 2540 S.E. Encompass Drive in Waukee, records show. The property includes a two-story, 5,443-square-foot building constructed in 2019. The property is valued at $1.7 million. The transaction was recorded Sept. 9.

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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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