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NOTABLE TRANSACTIONS: Recent local real estate transactions

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Lainson Properties LLC and four other limited liability companies as well as Aaron Kay acquired 62.5% interest in several properties in the Northpark Town Center Condominium, Northpark Business Centre and Frampton Plaza plats in Urbandale, Polk County real estate records show. Lainson Properties, located in West Des Moines, Bose Properties LLC, Redi Group LLC, T&G Manning Holdings LLC, Treibel Holdings LLC and Kay paid NPJTC LLC $8.6 million for the 62.5% interest in the properties, which include business center condominiums at 9101, 9131, 9161, 9201 and 9241 Northpark Drive and 5404 and 5504 NW 88th St. The transaction was recorded Dec. 8.

Meredith and Austin Hedstrom paid Custom Holdings LLC just over $1 million for property at 5808 NE Sherman Court in Ankeny, records show. The property includes a 2,096-square-foot, one-story house with construction that was recently completed. The transaction was recorded Dec. 8.

University Equity Group LLC, located in Des Moines, paid Sunrise Real Estate Inc. $1.1 million for property at 2825 E. University Ave. in Des Moines, records show. The property includes a two-story, 9,352-square-foot building with retail on the ground level and office on the second level. The building was constructed in 1988. The property is valued at $477,000. The transaction was recorded Dec. 9.

206-214 NW College Ave LLC, located in San Clemente, Calif., paid C&S 206 Residential Housing Coop $1.1 million for property at 206 and 210 NW College Ave. in Ankeny, records show. Both properties include two-story apartment buildings, each with eight units. The buildings were constructed in the mid-1960s. Each property is valued at $514,000. The transaction was recorded Dec. 9.

TTLC Cooperative Housing, located in Marshalltown, paid SPG Inc. $1.3 million for property at 310 NW Chapel Drive in Ankeny, records show. The property includes a two-story, 16-unit apartment building constructed in 1972. The property is valued at $1.1 million. The transaction was recorded Dec. 11.

Dallas County

Timothy Forret paid Lawhead Farms LLC $4.1 million for farmland in western Dallas County, Dallas County real estate records show. The land is north of Bear Creek Road and east of El Paso Way, about 3 miles south of Redfield. The transaction was recorded Dec. 8.

Derrick Young paid William Kimberley Development Corp. $1.3 million for property at 4644 176th Court in Urbandale, records show. The 1.29-acre parcel includes a two-story, 2,975-square-foot house whose construction was recently completed. The transaction was recorded Dec. 9.

BNP Trust and PNB Trust paid KRM Development LLC $2.5 million for property at 18252 Valleyview Circle in Clive, records show. The property includes a 3,434-square-foot, one-story house whose construction was recently completed. The transaction was recorded Dec. 10.

CMMMC LLC, located in Booneville, paid Alternate Route Properties LLC just over $1 million for property at 28767 360th St. in Booneville, records show. The 3.5-acre parcel includes a one-story, 7,812-square-foot metal warehouse built in 2025. The property is valued at $719,600. The transaction was recorded Dec. 11.

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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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