Happily Ever Attivo

 

The end of October was busy for Attivo Trail Ankeny as they wrapped up the final stages of Phase I and opened their doors to residents on October 31. Currently, they have 23 units occupied, with ten scheduled to move in before the end of the year.

 

Jeff Bramble, Investor Relations, states that the current average leased rate is over $2500/mo—or $2.13/sf. “Both figures are well above our pro forma estimates and bode well for the future of this asset. If we can average two leases per week through the end of March 2024, Attivo Trail Ankeny would be over 50% leased by the end of Q1.”

 

On November 14, staff at Attivo Trail Ankeny hosted an open house that allowed the public to tour the completed building and amenities. The nearly 200 attendees enjoyed drinks, food, campus tours, and talking to radio personality Bonnie Lucas from WHO Radio.

 

The grand opening wasn’t the only thing to celebrate at Attivo Trail Ankeny. Attivo Trail Ankeny won an Ankeny Business & Industry Collaborative’s commercial investment award for their dedication and commitment to improving the Ankeny community.

 

Ankeny Business & Industry Collaborative (ABIC) is a private business organization whose mission is to educate, advance, and advocate for the community's economic vitality. Each year, they hold a salute to service, recognizing the investments of Ankeny businesses. The staff of Attivo Trail Ankeny looks forward to a lasting partnership with the Ankeny community.

 

Work has already begun on Attivo Trail Ankeny Phase II. Phase II will include 142 units, a theater, an additional outdoor courtyard, and an indoor gathering space. This phase will also add approximately 71 underground parking spaces and 62 garages. After getting feedback from leasing phase I, a few unit layouts in phase II will be changed to capture new audiences. The Phase II timeline is to complete 88 out of 142 units in early summer 2025 and the remaining 54 units in fall 2025.