CBRE announced today that it has been appointed as the exclusive sales agent for Valley West Mall, an 856,000-square-foot enclosed mall in West Des Moines.
CBRE’s Todd Millang, Bill Wright, Riley Hogan, Grant Wright and Blake Bogenrief will market the property on behalf of the court-appointed receiver.
The two-story Valley West Mall is located at 1551 Valley West Drive and has been in operation since its completion in 1975. Situated on a 57.72-acre site, the property is zoned for commercial development and offers the potential for future high-density residential redevelopment. This multi-tenant project remains anchored by JCPenney.
The site is positioned just north of Interstate 235 within the University Avenue retail corridor, where daily traffic exceeds 100,000 vehicles. It offers direct connectivity to the greater Des Moines metro area. Additionally, the interchange of I-235 and I-35/80 is just over a mile west of the property, enhancing regional accessibility.