NOTABLE TRANSACTIONS: Office/warehouse property sold in Des Moines for $1.8 million

Kathy A. Bolten Apr 2, 2025 | 6:00 am
1 min read time
349 wordsAll Latest News, Real Estate and DevelopmentEverlasting Properties LLC, located in Papillion, Neb., paid Jakers Mark 43 LLC $1.8 million for property at 600 Holcomb Ave. in Des Moines, Polk County real estate records show. The 4.3-acre parcel includes a 56,788-square-foot office/warehouse built in 1980. The property is valued at $1.98 million. The transaction was recorded March 25.
Arjun and Breanne Sondhi paid JMG Holdings LLC $1.2 million for property at 13185 Pineview Drive in Clive, records show. The property includes a 4,202-square-foot house that was built in 1993 and remodeled in 2023. The transaction was recorded March 24.

PEC Properties LLC, located in West Des Moines, paid Steffes Holdings LLC $1.3 million for property at 515 and 517 Railroad Ave. (pictured) in West Des Moines, records show. The property includes 8,128 square feet of office and warehouse space occupied by Renewal by Anderson, a window company. The property is valued at $1.2 million. The transaction was recorded March 25.
Michael and Jill Budden paid Kimberley Development Corp. $1.1 million for property at 8078 N.W. 28th Lane in Ankeny, records show. The nearly 1.3-acre parcel includes a 2,152-square-foot house whose construction was recently completed. The transaction was recorded March 26.
IPE1031 Rev594 LLC paid DRA Properties LLC $1.6 million for property at 3219 S.E. 36th Circle in Ankeny, records show. The 6.7-acre parcel is undeveloped. The transaction was recorded March 27.
Vocational Development Center Inc., located in Council Bluffs, paid the Toby Geiger Revocable Trust $1.97 million for property at 10513 Buena Vista Court in Urbandale, records show. The 2.3-acre parcel include a 15,030-square-foot office/warehouse that was built in 1997. The property is valued at $1.78 million. The transaction was recorded March 28.
Forest Ave Apartments LLC, located in Iowa City, paid Forest Ave Village LLC $6.25 million for property at 3201 Forest Ave. in Des Moines, records show. The 1.4-acre parcel includes three two-story apartment buildings (pictured) with between 14 and 20 units. The complex was built in 2017. The property is valued at $4.6 million. The transaction was recorded March 28.

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.