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An Illinois-based educational nonprofit has acquired the former Franklin Junior High School in Des Moines.

The previous owner surrendered the building to the bank to be discharged of a $10 million mortgage.

New Plan Learning purchased the property, now known as Franklin Event Center, for $3.3 million.

A former Des Moines junior high school turned events center has been acquired by an educational nonprofit after the property owner surrendered the building's mortgage in lieu of foreclosure.

New Plan Learning, based in Schaumburg, Illinois, purchased Franklin Junior High for $3.3 million from Iowa Trust & Savings Bank, according to Polk County records. The property, at 4801 Franklin Ave., came into the bank's possession after developer Jeff Young relinquished ownershi

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