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Developer Tim Rypma purchased the Carpenter Paper building at 106 S.W. Seventh St., and the neighboring Lortex building, 113 S.W. Eighth St., in May.
Historic Des Moines property sold to out-of-state group Wednesday, January 6, 2021 8:02 AM Property at 320 S.W. Seventh St. in Des Moines has been sold to a California group for $7.35 million, according to Polk County records. Photo courtesey of Google Earth A building constructed by a man who greatly influenced Des Moines’ early development has been sold to an out-of-state investor, Polk County real estate records show. The property at 320 S.W. Seventh St., commonly known as the Rocket Transfer Building, was built around 1902 by Frederick Hubbell, founder of F.M. Hubbell an...