NOTABLE TRANSACTIONS: Canoyer Garden Center expanding Des Moines-area operations
BPC Staff May 12, 2021 | 1:17 pm
4 min read time
1,049 wordsAll Latest News, Real Estate and DevelopmentCanoyer Garden Center, with retail stores in Grimes and Ankeny, is expanding its Central Iowa operations with a new greenhouse and warehouse planned on 4.5 acres at 4169 109th St. in Urbandale, city records show. (See map below.)
Canoyer Grimes LLC, managed by Kyle Canoyer, paid Dallas County Partners $510,757 for the property in a transaction that was recorded May 4, Polk County real estate records show. In April, Canoyer Grimes took out a $4.5 million mortgage on the property through South Story Bank & Trust.
Dallas County Partners is managed by R&R Realty Group.
The Urbandale Planning and Zoning Commission and City Council have approved site plans for the proposed project, according to city officials. The council’s approval is contingent on several conditions that are still being worked out between city staff and the engineering firm preparing the site plans, according to the officials.
Plans include construction of a 78,000-square-foot facility, nearly 90% of which will be devoted to greenhouse space that will be built with transparent durable materials, according to city documents.
The facility is for growing plants that will be sold at the company’s retail centers, according to Canoyer. The greenhouse will allow the company to “grow 95%-plus of all of the products we sell,” he wrote in an email.
Construction of facility is expected to be completed in October, according to Canoyer.
In other real estate transactions:
A Salt Lake City auto dealership has purchased two properties in Clive, records show. Garff Properties-Clive LLC paid Linda Holmes Trust $5.69 million for property at 11344 Hickman Road and 2159 N.W. 114th St. The Northwest 114th Street property, valued at $727,700, includes 1.4 acres and an auto sales showroom occupied by Stew Hansen Hyundai Used Cars. The 5,872-square-foot showroom was built in 1988. The Hickman Road property includes 4.4 acres and a 21,186-square-foot sales showroom constructed in 1987. Stew Hansen Hyundai is located on the site. The property is valued at $3 million. The transaction was recorded May 5.
BSL West Des Moines LLC, a group based in Olathe, Kan., paid NHI REIT of Bickford LLC $13.48 million for property at 5050 Hawthorne Drive in West Des Moines, records show. The property includes a 49-unit senior housing facility called Bickford Senior Living. The facility was constructed in 1998. The property is valued at $2.95 million. The transaction was recorded May 7.
DLV Properties LLC, based in Pleasant Hill, paid Fastenal Co. $750,000 for property at 3120 Delaware Ave. in Des Moines, records show. The property includes a 14,400-square-foot warehouse built in 1969. The property is valued at $575,000. The transaction was recorded May 3.
10200 Hickman Group LLC, based in Clive, paid 10200 Hickman LC $2.5 million for property at 10200 Hickman Court in Clive, records show. The property includes a 28,925-square-foot warehouse with retail space constructed in 1978. Flooring America is listed as the building’s occupant. The property is valued at $2.3 million. The transaction was recorded May 3.
Thomas (T.J.) Otzelberger and Allison Lacey paid Jason and Vanesa Whitinger $1.1 million for property at 2713 N.E. Seneca Drive in Ankeny, records show. Otzelberger was hired in March to replace Steve Prohm as the head men’s basketball coach at Iowa State University, where he was previously an assistant coach and where Lacey was a three-time All-Big 12 pick for the Cyclones’ women’s team before playing in the WNBA. The property includes a two-story, 4,859-square-foot house constructed in 2004. The transaction was recorded May 3.
RHM Development Inc., based in Beverly Hills, Calif., paid TKD NLD Pleasant Hill LLC $2.47 million for property at 5401 E. University Ave. in Pleasant Hill, records show. The property includes 4.4 acres of vacant ground on the north side of East University Avenue. The land previously was part of the now demolished Whitewater University water park. The transaction was recorded May 4.
D7-5 LLC, based in Eden Prairie, Minn., paid Loke Twins Properties LLC $1 million for property at 736 Eighth St. S.E. in Altoona, records show. The property includes a 2,214-square-foot building that is occupied by Dairy Queen. The building was constructed in 1998. The property is valued at $531,000. The transaction was recorded May 5.
JoCar Properties LLC, based in Des Moines, paid West Green Industrial Park LLC $1.55 million for property at 2019 Grand Ave. in West Des Moines, records show. The property includes 2 acres and a 18,368-square-foot warehouse constructed in 1995. The property is valued at $1.24 million. The transaction was recorded May 5.
Nelson Development 16 LLC, based in Des Moines, paid Brixmore Holdings 10 SPE LLC $1 million for property at 4020 Merle Hay Road in Des Moines, records show. The property, valued at $2.8 million, includes 1.4 acres and a 12,987-square-foot medical office building constructed in 2009. The transaction was recorded May 6.
EROC Properties LLC, based in Des Moines, paid Rick Monahan, Ronald Monahan and Cindy Monahan $1.8 million for property at 5660 N.W. Beaver Drive in Johnston, records show. The property includes 2.4 acres and a 17,920-square-foot office/warehouse built in 2000. The property is valued at $1.2 million. The transaction was recorded on May 7.
NJJO Properties LLC and NJJO Properties 2 LLC, based in Ogden, paid LSJT of Iowa LLC $1.4 million for property at 5300 N.W. 86th St. in Johnston, records show. The transaction was recorded May 7. No other information was available.
OSPC Ankeny Real Estate LLC, based in Des Moines, paid Kimberley Properties Inc. $740,012 for undeveloped land at 460 N.W. 36th St. in Ankeny, records show. The property includes 1.2 acres zoned general retail and highway-oriented commercial business district. The transaction was recorded May 6.
Hope K Farms LLC, based in West Des Moines, paid Cideal Farms LLC $2.1 million for 40 acres south of 230th Street and east of X Avenue west of Grimes, Dallas County real estate records show. The property includes farm ground. The transaction was recorded May 4.
Magnolia Perry LLC, based in Ankeny, paid Blue Ridge Perry LLC $1.1 million for 13 undeveloped lots in Perry, records show. The addresses of the lot were not listed. The transaction was recorded May 5.
CRJS Properties LLC, based in Cedar Rapids, paid D. Taylor Real Estate LLC $1.5 million for property at 125 N.W. 10th St. in Waukee, records show. The 3.5 acres includes a 24,000-square-foot warehouse constructed in 1973. The property is valued at $918,420. The transaction was recorded May 7.
The Urbandale Planning and Zoning Commission and City Council have approved site plans for the proposed project, according to city officials. The council’s approval is contingent on several conditions that are still being worked out between city staff and the engineering firm preparing the site plans, according to the officials.
Plans include construction of a 78,000-square-foot facility, nearly 90% of which will be devoted to greenhouse space that will be built with transparent durable materials, according to city documents.
The facility is for growing plants that will be sold at the company’s retail centers, according to Canoyer. The greenhouse will allow the company to “grow 95%-plus of all of the products we sell,” he wrote in an email.
Construction of facility is expected to be completed in October, according to Canoyer.
In other real estate transactions:
A Salt Lake City auto dealership has purchased two properties in Clive, records show. Garff Properties-Clive LLC paid Linda Holmes Trust $5.69 million for property at 11344 Hickman Road and 2159 N.W. 114th St. The Northwest 114th Street property, valued at $727,700, includes 1.4 acres and an auto sales showroom occupied by Stew Hansen Hyundai Used Cars. The 5,872-square-foot showroom was built in 1988. The Hickman Road property includes 4.4 acres and a 21,186-square-foot sales showroom constructed in 1987. Stew Hansen Hyundai is located on the site. The property is valued at $3 million. The transaction was recorded May 5.
BSL West Des Moines LLC, a group based in Olathe, Kan., paid NHI REIT of Bickford LLC $13.48 million for property at 5050 Hawthorne Drive in West Des Moines, records show. The property includes a 49-unit senior housing facility called Bickford Senior Living. The facility was constructed in 1998. The property is valued at $2.95 million. The transaction was recorded May 7.
DLV Properties LLC, based in Pleasant Hill, paid Fastenal Co. $750,000 for property at 3120 Delaware Ave. in Des Moines, records show. The property includes a 14,400-square-foot warehouse built in 1969. The property is valued at $575,000. The transaction was recorded May 3.
10200 Hickman Group LLC, based in Clive, paid 10200 Hickman LC $2.5 million for property at 10200 Hickman Court in Clive, records show. The property includes a 28,925-square-foot warehouse with retail space constructed in 1978. Flooring America is listed as the building’s occupant. The property is valued at $2.3 million. The transaction was recorded May 3.
Thomas (T.J.) Otzelberger and Allison Lacey paid Jason and Vanesa Whitinger $1.1 million for property at 2713 N.E. Seneca Drive in Ankeny, records show. Otzelberger was hired in March to replace Steve Prohm as the head men’s basketball coach at Iowa State University, where he was previously an assistant coach and where Lacey was a three-time All-Big 12 pick for the Cyclones’ women’s team before playing in the WNBA. The property includes a two-story, 4,859-square-foot house constructed in 2004. The transaction was recorded May 3.
RHM Development Inc., based in Beverly Hills, Calif., paid TKD NLD Pleasant Hill LLC $2.47 million for property at 5401 E. University Ave. in Pleasant Hill, records show. The property includes 4.4 acres of vacant ground on the north side of East University Avenue. The land previously was part of the now demolished Whitewater University water park. The transaction was recorded May 4.
D7-5 LLC, based in Eden Prairie, Minn., paid Loke Twins Properties LLC $1 million for property at 736 Eighth St. S.E. in Altoona, records show. The property includes a 2,214-square-foot building that is occupied by Dairy Queen. The building was constructed in 1998. The property is valued at $531,000. The transaction was recorded May 5.
JoCar Properties LLC, based in Des Moines, paid West Green Industrial Park LLC $1.55 million for property at 2019 Grand Ave. in West Des Moines, records show. The property includes 2 acres and a 18,368-square-foot warehouse constructed in 1995. The property is valued at $1.24 million. The transaction was recorded May 5.
Nelson Development 16 LLC, based in Des Moines, paid Brixmore Holdings 10 SPE LLC $1 million for property at 4020 Merle Hay Road in Des Moines, records show. The property, valued at $2.8 million, includes 1.4 acres and a 12,987-square-foot medical office building constructed in 2009. The transaction was recorded May 6.
EROC Properties LLC, based in Des Moines, paid Rick Monahan, Ronald Monahan and Cindy Monahan $1.8 million for property at 5660 N.W. Beaver Drive in Johnston, records show. The property includes 2.4 acres and a 17,920-square-foot office/warehouse built in 2000. The property is valued at $1.2 million. The transaction was recorded on May 7.
NJJO Properties LLC and NJJO Properties 2 LLC, based in Ogden, paid LSJT of Iowa LLC $1.4 million for property at 5300 N.W. 86th St. in Johnston, records show. The transaction was recorded May 7. No other information was available.
OSPC Ankeny Real Estate LLC, based in Des Moines, paid Kimberley Properties Inc. $740,012 for undeveloped land at 460 N.W. 36th St. in Ankeny, records show. The property includes 1.2 acres zoned general retail and highway-oriented commercial business district. The transaction was recorded May 6.
Hope K Farms LLC, based in West Des Moines, paid Cideal Farms LLC $2.1 million for 40 acres south of 230th Street and east of X Avenue west of Grimes, Dallas County real estate records show. The property includes farm ground. The transaction was recorded May 4.
Magnolia Perry LLC, based in Ankeny, paid Blue Ridge Perry LLC $1.1 million for 13 undeveloped lots in Perry, records show. The addresses of the lot were not listed. The transaction was recorded May 5.
CRJS Properties LLC, based in Cedar Rapids, paid D. Taylor Real Estate LLC $1.5 million for property at 125 N.W. 10th St. in Waukee, records show. The 3.5 acres includes a 24,000-square-foot warehouse constructed in 1973. The property is valued at $918,420. The transaction was recorded May 7.
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