Iowa
Quantum Sells Newly-Built Wendy’s in Net Lease Deal
Quantum Real Estate Advisors completed the sale of a freestanding 2,158-square-foot Wendy’s located at 2401 N. Illinois Rte. 23, Streator,… Read more
ILPT Forms JV on 12-Property Industrial Portfolio
Industrial Logistics Property Trust (ILPT) formed a $680-million joint venture with an Asian institutional investor for a 9.2-million-square-foot portfolio of… Read more
Amazon Plans First Fulfillment Center in Iowa
Amazon announced plans to open its first Iowa fulfillment center in the city of Bondurant, within the Des Moines metro… Read more
Cardinal Industrial Picks Up Iowa Amazon Warehouse
Sherman Oaks, CA-based-based Cardinal Industrial acquired a 346,062-square-foot fulfillment center in Iowa City, IA, that’s 100% leased to Amazon. Cardinal reportedly… Read more
Iowa Fresenius Facility Trades in Off-Market Deal
Stan Johnson Company (SJC) wrapped up the off-market sale of a single-tenant healthcare property in West Des Moines, IA. Completed… Read more
NHI in $133M JV with LCS to Buy Senior Housing Property in Issaquah
Murfreesboro, TN-based National Health Investors, Inc. (NHI) and an affiliate of Des Moines, IA-based Life Care Services (LCS), formed a… Read more
LCS Takes Full Ownership of Gold Coast Seniors High-Rise
Fundamental Advisors LP sold The Clare at Rush and Pearson, a high-rise senior housing community in downtown’s Gold Coast neighborhood,… Read more
OpenTable Ranks Top 100 Restaurants in America
Online restaurant reservation website OpenTable has revealed the top 100 restaurants in America for 2019, according to OpenTable diners. The… Read more
IRET Exits Markets in IA, SD with $78M in Sales
Minot, ND-based-based IRET exited the Sioux City, IA and Sioux Falls, SD markets, selling 10 properties totaling 969 apartments for… Read more
Transwestern Enters Des Moines with Portfolio Assignment
Transwestern Commercial Services has been tapped for its first engagement in Des Moines, IA, where it will manage the Ruan… Read more
Berkadia Arranges Sale of Davenport, IA Apartment Portfolio
Berkadia arranged the sale of Candlelight Park, a portfolio of four multifamily properties in Davenport, IA, to Colorado-based Monarch Investment… Read more
NKF Brokers $73M Sale of Birmingham Multifamily Portfolio
NKF arranged the $73-million sale of The Falls and Woods of Hoover, a two-property, 696-unit multifamily portfolio in metro Birmingham.… Read more
Opus Leases Up Phase 2 of Des Moines Industrial Park
The Opus Group has completed leasing up Corporate Woods II, a 200,000-square-foot, speculative bulk industrial development in the Des Moines… Read more
SNH Completes Sale of Central Mass. MOB Portfolio
Senior Housing Properties Trust (SNH) completed the sale of the Reliant Medical Group portfolio of medical office buildings across central… Read more
Easterly Adds EPA Regional Offices in Kansas
Office REIT Easterly Government Properties acquired a 169,585-square foot Environmental Protection Agency (EPA) regional headquarters in Lenexa, KS. Originally built… Read more
Next Generation Honoree: Ryan McManigal with KDC Builds Success on Relationships
Ryan McManigal joined KDC in 2017. These days, as the company’s senior vice president, McManigal leads business development and strategy.… Read more
Aegon Real Assets Closes on $150M+ LIHTC Fund
Aegon Real Assets US, based in Cedar Rapids, IA, closed on a $151- million national low-income housing tax credit (LIHTC) fund. The… Read more
Iowa Industrial Portfolio Trades to NY Investor
Stan Johnson Company (SJC) completed the sale of a four-building industrial portfolio across three rural Iowa markets. The firm’s Rob Gemerchak and… Read more
Eastern Union Arranges Debt for Iowa Manufacturing Quartet
Eastern Union arranged financing for the $16.9-million sale of the 600,000-square-foot Magna International portfolio, a group of four automobile parts manufacturing facilities… Read more