DES MOINES, Iowa - (November 07, 2016)
Chicago-based Draper and Kramer, Incorporated, one of the largest privately-held, full-service real estate firms in the United States, is currently soliciting offers for Capital Square, a Class A multi-tenant office building in downtown Des Moines, Iowa.
Developed by Draper and Kramer in 1983, the Skidmore, Owings & Merrill-designed building is being marketed by CBRE’s Minneapolis Capital Markets group.
“Capital Square is a marquee property in the heart of Des Moines’ dynamic business hub,” said Edward M. Polich, CDO and senior vice-president at Draper and Kramer. “Following recent leasing successes and improvements to Capital Square, as well as increased interest for quality commercial properties in downtown Des Moines, we determined this would be an appropriate time to market the property for sale.”
Prominently located in Des Moines’ central business district, Capital Square features a large atrium that has played host to numerous significant events, including the 2016 Iowa Caucus Microsoft Media Center and the Drake Relays pole vaulting event.
The eight-story, 454,619-square-foot property is being offered without an asking price.
About Draper and Kramer, Incorporated
Founded in 1893, Draper and Kramer, Incorporated is family-owned and one of the largest privately held full-service real estate firms in the U.S. Draper and Kramer is headquartered in Chicago with a national reach and broad offering of services. The company’s expertise spans residential and commercial property management and leasing; debt and equity financing for commercial properties; residential and commercial acquisition and development; and residential mortgage services through Draper and Kramer affiliate 1st Advantage Mortgage. Draper and Kramer provides a single source of real estate-related counsel to a diverse group of investors in real estate across the U.S including corporations; private and institutional owners and users of real estate; government agencies; condominium associations; and foundations. For more information, visit www.draperandkramer.com.
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Editors:
For more information, contact Sarah Lyons, [email protected], (312) 267-4520.
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Chicago-based Draper and Kramer is soliciting offers for Capital Square, a Class A multi-tenant office building in downtown Des Moines, Iowa.
