State: Iowa - IA

Austin Business Journal AIC Ventures has bought a 250,000-square-foot industrial property in Grimes, Iowa. Financial details were not disclosed. The Austin, Texas, investment firm bought the property in a sale-leaseback with Ryko Solutions, which manufactures car-wash equipment.

American Realty Capital Properties Inc. has agreed to pay $26.1 million, or about $47/sf, for a 553,000-square-foot distribution facility in Davenport, Iowa. The industrial property, at 2900 Research Parkway, is 100 percent leased to Quad City Consolidation and Distribution, a ...

Steadfast Income REIT Inc. has agreed to pay $33 million, or $77,830/unit for Windsor on the River, a 424-unit apartment complex in Cedar Rapids, Iowa. The Irvine, Calif., REIT, whose shares do not trade on any exchange, is buying the ...

Gladstone Commercial has paid $12.3 million for a 487,121-square-foot office and industrial building in Orange City, Iowa. The building, at 1520 Albany Place SE, is leased to Staples Contract & Commercial. The triple-net lease has a remaining term of about ...