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Hot Spring Spas buys Des Moines-area industrial property

Urbandale, Iowa, facility purchased from Realty Income for $3.85 million
This 47,840-square-foot industrial facility in Urbandale, Iowa, changed hands in an owner-user transaction. (CoStar)
This 47,840-square-foot industrial facility in Urbandale, Iowa, changed hands in an owner-user transaction. (CoStar)
By Yalyssa Casais with
CoStar Research
January 14, 2026 | 8:10 P.M.

Hot Spring Spas has acquired a 47,840-square-foot industrial facility in Urbandale, Iowa, from Realty Income Corporation for $3.85 million, or approximately $80.60 per square foot.

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News | Hot Spring Spas buys Des Moines-area industrial property