CBRE recently closed the sale of the Dixon Street industrial portfolio in Des Moines to Glen Una Management Company, a private real estate investment firm based in San Francisco. The three-building property sold for $14.675 million.
The portfolio consists of 606,008 square feet spread across three buildings that at the time of the sale were completely leased to 10 tenants.
The seller, Investors Real Estate Trust, was represented by the CBRE Institutional Group in Minneapolis led by Steven Buss and Ryan Watts and CBRE|Hubbell Commercial’s Judd Welliver and Kyle Gamble.
