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NOTABLE TRANSACTIONS: City of Des Moines buys land for pump station in Market District

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The city of Des Moines paid Diamond Investment Properties LLC $1.35 million for property at 111 S.E. Seventh St. in the Market District, Polk County real estate records show.  The 1.6-acre parcel includes two buildings and is heavily treed. The Des Moines City Council in December 2021 gave city staff authorization to acquire the parcel that is located in area planned for the Southeast Eighth Street and East Market Street pump station and force main project. The transaction was recorded Aug. 28.

In other transactions:

Bam Holdings LLC, located in Des Moines, paid Housby Mack Inc. $2.7 million for property at 4755 N.E. 14th St. in Des Moines, records show. The 1.75-acre parcel includes a 7,410-square-foot vehicle services building constructed in 2007. Housby Truck Lube is located in the facility. The property is valued at $1.4 million. The transaction was recorded Aug. 19.

Daniel DeCarlo paid the Patricia Pilmaier Irrevocable Trust $2.25 million for property at 4100 E. Broadway Ave. in Des Moines, records show. The 35-acre parcel includes a two-story house built in 1987. The transaction was recorded Aug. 21.

QuikTrip Corp., located in Tulsa, Okla., paid Humphreys Fund I REIT LLC just over $2 million for property at 1421 Ingersoll Ave. in Des Moines, records show. The property includes a 4,008-square-foot convenience store with gas pumps that is operated by QuikTrip. The property is valued at $1.6 million. The transaction was recorded Aug. 21.

Baron and Emily Hicklin paid Joseph and Sara Riesberg $1.2 million for property at 7965 N.W. 142nd St. in Grimes, records show. The 2.3-acre parcel includes a 2,700-square-foot house built in 2012. The transaction was recorded Aug. 22.

Holt Sales & Service LLC, located in Des Moines, paid Siegwerk USA Inc. $1.1 million for property at 129 S.E. 18th St. in Des Moines, records show. The 3.6-acre parcel includes a 37,852-square-foot industrial facility constructed in 1976. The property is valued at $1.3 million. The transaction was recorded Aug. 26.

The David Roberts Revocable Trust paid the Charla Bruce Trust $1.4 million for property at 4104 Oakwood Lane in West Des Moines, records show. The 1-acre parcel includes a 3,725-square-foot house built in 2000. The transaction was recorded Aug. 26.

5500 Johnston Pkwy LLC, located in Overland Park, Kan., paid B&P Properties LLC $1.5 million for property at 5500 West Parkway in Johnston, records show. The property includes a 10,240-square-foot office building constructed in 2008. The property is valued at $1.2 million. The transaction was recorded Aug. 27.

4200 Grand 74 LLC, based in Des Moines, paid Acadian Ingersoll LLC $4.2 million for property at 4200 Grand Ave. in Des Moines, records show. The nearly 2-acre parcel includes the Hampton House Apartments, a three-building complex built the early 1950s. The property is valued at $3.3 million. The transaction was recorded Aug. 27.

Terminal Properties LLC, located in Pittsburgh, Pa., paid ABF Inc. $1.6 million for property at 1001 Lorenz Drive in Ankeny, records show. The 4.8-acre parcel includes a 3,800-square-foot transit warehouse built in 1977. The property is valued at $737,000. The transaction was recorded Aug. 29.

Matthew and Kimberly Kuiper paid Robert and Caroline Kuiper just over $1 million for property at 4419 Oakwood Lane in West Des Moines, records show. The nearly 1-acre parcel includes a two-story house built in 1996. The transaction was recorded Aug. 29.

Dallas County

Christopher and Marsha Gunnare paid Acadia Custom Homes LLC  $1.4 million for property at 4723 Centennial Blvd. in Urbandale, Dallas County real estate records show. The property includes a 3,183-square-foot house whose construction was recently completed. The transaction was recorded Aug. 28.

Isaac Pilcher paid Harmeyer Homes Inc. $1.7 million for property at 4805 Centennial Blvd. in Urbandale, records show. The property includes a 2,638-square-foot house whose construction was recently completed. The transaction was recorded Aug. 27.

Denise and Keith Erhard paid Dynasty Partners Homes LLC $1.2 million for property at 11274 Twilight Drive in West Des Moines, records show. The property includes a 2,096-square-foot house whose construction was completed recently. The transaction was recorded Aug. 21.

DR Horton Iowa LLC paid Springcrest Townhomes Waukee 2 LLC $1.14 million for 25 residential lots in Waukee, records show. The lots are in the western portion of Waukee, south of Hickman Road/U.S. Highway 6. The lots are part of Spring Crest Townhomes Plat 3. The transaction was recorded Aug. 19.

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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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