Northeast

Des Moines - IA USA - Industrial Submarket

Industrial real estate intelligence for the Northeast submarket. 41.4M SF of inventory with 5.5% vacancy. Data sourced from various MLS platforms.

41.4MSF

Inventory

2.3MSF

Available

5.5%

Vacancy

5.3%

Availability Rate

$7.36

Asking Rent

2.2%

Rent Growth

92KSF

12mo Absorption

1.5MSF

Under Construction

Market Metrics

12mo Delivered

143K SF

Under Constr % of Inv

3.6%%

Sale Price/SF

$91

Cap Rate

8.8%%

12mo Sales Volume

$98,763,500

Sales Vol Growth

54.9%

Asset Value

$3,913,187,680

Net Absorption

+92K SF

Recent DC Sales in Market

Property	Price	SF	Buyer
Skybox Austin	-	141,000	Buyer 1 GI Partners \| Buyer 2 Skybox Datacenters
Anderson Bldg	$4.5M	47,350	Gregory Realty GP
1780 Jet Stream Dr (Part of a 8 Property Portfolio)	$4.4M	14,617	APWireless
Prime Ohio Corporate Park	$3.4M	67,868	5C Data Centers
Johnston Data Center (Corp 7)	$3.4M	32,724	Registered Agents Inc.

Available DC Space in Market

Property	Avail SF	Rent	Owner
2149 Queens Chapel Rd NE	15,086	$11.00	Ali Hassani
951 Wendell Blvd	58,216	$9.50	VISHAY MEASUREMENTS GROUP INC
Building 3.4	28,800	$11.26 - 13.76 (Est.)	KFG Investment Company
Building B	72,215	$3.27 - 3.99 (Est.)	WBS Management & Acquisition Corp.

Data Centre Development Potential

Moderate vacancy (5.5%) in Northeast suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 1.5M SF indicates developer confidence in the submarket. Positive net absorption of 92K SF over the past 12 months signals healthy demand fundamentals.