GoDaddy’s Hiawatha building sold

HIAWATHA — The former GoDaddy building in Hiawatha has been sold to local developers, Hiawatha Economic Development Corp. announced Monday.

The internet hosting and domain-name registrar company’s building at 1 Parsons Dr. has been sold to NGD LLC, Doug & Chris Sevey with ENSEVA LLC, Mike and Andy Hodge with Hodge Construction as well as Bill and Tracy Bennett. The developers have not yet unveiled formal plans for redevelopment, according to a news release. The seller is KKR, Silver Lake Partners and Technology.

The more than 73,000 square-foot building was built in 1991 and remodeled in 2017. It housed more than 400 GoDaddy workers in 2020, before the company shared plans to downsize and move to smaller office space because of workforce changes brought on by the COVID-19 pandemic. GoDaddy moved into the Armstrong Centre in downtown Cedar Rapids, 222 Third Ave. SE.

“We are pleased to see local developers invest in this building and are ready to help bring energy and vitality to an area that is so important to Hiawatha’s core,” HEDCO Coordinator Liz Mathis said in a statement.

The GoDaddy building was listed, according to Loop Net, at $8.43 million in 2022 and later fell to $7.025 million in October, according to the release. The sale price has not yet been disclosed. Mathis said the building was vacant and no longer occupied by any employees.

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