Sarasota company buys Iowa hotel for $14.5 million

The Element by Westin in West Des Moines, Iowa, opened in 2017.
The Element by Westin in West Des Moines, Iowa, opened in 2017.
Courtesy image
  • Manatee-Sarasota
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A Sarasota financial services firm has purchased an Iowa hotel. Glaxis Capital Management, which is based on John Ringling Boulevard on St. Armands Circle, bought the Element by Westin in West Des Moines for $14,525,000, according to property records from Polk County, Iowa.

 

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