Login

Wells Fargo completes transition to West Des Moines campus, sheds five downtown office buildings

Portfolio sale includes Towers and Founders buildings to be used for future development
The Towers Building at 206 8th St. in Des Moines, Iowa, has a new owner after Wells Fargo shed its former Walnut Street campus in downtown Des Moines. (CoStar)
The Towers Building at 206 8th St. in Des Moines, Iowa, has a new owner after Wells Fargo shed its former Walnut Street campus in downtown Des Moines. (CoStar)
By Khalid Elkattan
CoStar Research
September 2, 2025 | 6:06 P.M.

After announcing in January 2023 that it would consolidate its local offices at its 157-acre West Des Moines campus, Wells Fargo last month finally completed the sale of its former five-building downtown office portfolio in a deal described as the largest non-industrial property transactions in the Des Moines market’s history.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE


News | Wells Fargo completes transition to West Des Moines campus, sheds five downtown office buildings