Clarion and PGIM Do Three-Building, $110M Industrial Deal in Des Moines

Clarion and PGIM do three-building, $110M industrial deal in Des Moines

A three-building portion of the larger Des Moines Creek Business Park sold this week for just under $110 million, according to King County records.

Clarion Partners Sells Industrial Buildings in Des Moines Totaling 552,000 SQFT for $109.9MM

Three-Building Warehouse Portfolio Trades at $199 Per Square Foot Three warehouse/distribution buildings in Des Moines totaling 551,988 square feet that are part of the Des Moines Creek Business Park have traded hands in a sales transaction that tops $100 million. An entity affiliated with Clarion Partners sold the properties at 2021, 2231 and 2341 South 208th St. for $109.9 million, or about $199 per square foot, according to King County public…