Ownership of the Flux Apartments in downtown Des Moines has changed hands.
Rittenhouse Square LLC, located in Columbia, Mo., acquired the property at 1400 Walnut St. for $12.7 million, Polk County real estate records show. The multifamily property had been owned by 2B Residential, a division of Balke Brown Transwestern, a commercial real estate brokerage, property management and development company located in St. Louis.
The 90-unit, five-story apartment building was constructed in 2017 and 2018. It includes underground parking. The project was developed by Roers Co., based in Minnetonka, Minn…