NOTABLE TRANSACTIONS: Grimes Kindercare property sold to Waterloo entity

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Waterloo-based Picard LLC paid EIG14T KCE IA Grimes LLC $4.8 million for property at 1101 N.E. Gateway Drive in Grimes, Polk County real estate records show. The property includes a new Kindercare day care center developed by a Michigan firm. EIG14T KC IA Grimes is managed by Reed Fenton of Troy, Mich. Construction of the 12,054-square-foot Grimes Kindercare began in July 2020. The transaction was recorded July 13.

TCP Holdings LLC, based in Des Moines, paid Curtis Development Co. $700,000 for property at 301 N.E. Trilein Drive in Ankeny, records show. The property includes a 6,000-square-foot office and retail building that was constructed in 1992. The property is valued at $535,000. The transaction was recorded July 12.

515MidAmericaRentals, based in Las Vegas, paid University Park Apartments LLC $506,000 for property at 4001 E. University in Des Moines, records show. The property includes a two-story, eight-unit apartment building constructed in 1971. The property is valued at $538,000. The transaction was recorded July 14.

Park Indy LLC, located in Des Moines, paid Mark and Angela Ogden $830,000 for property at 3140 Indianola Ave. in Des Moines, records show. The property includes nearly 2 acres on which a mobile home park is located. The park, which includes 39 pads, is listed in poor condition by the Polk County Assessor’s Office. The property is valued at $423,000. The transaction was recorded July 15.

Andy and Katie Snook paid Keven and Jessica Simmer $2.5 million for property at 3700 Fuller Road in West Des Moines, records show. The property includes a one-story, 3,458-square-foot house constructed in 2016. The property is valued at $1.37 million. The transaction was recorded July 15.

BN Properties LLC, located in Des Moines, paid DRA Properties LC $2.45 million for property located at 6335 N.E. Industry Drive in Des Moines, records show. The property, valued at $2.28 million, includes a 30,000-square-foot, single-story warehouse constructed in 2013. The transaction was recorded July 15.

EHK Partners LLC, based in Waukee, paid Sheila Toney $1.87 million for property at 14105 Beechwood Drive in Urbandale, records show. The property includes a 2,925-square-foot house built in 2018. The property is valued at $1.7 million. The transaction was recorded on July 15.

Rubby LLC, based in West Des Moines, paid Series 9 of JGC Holdings LLC $612,500 for property at 1272 Eighth St. in West Des Moines, records show. The property includes a gasoline service station. The property is valued at $275,000. The transaction was recorded July 15.