The Opus Group® Announces Plans for Speculative Industrial Development in Ankeny, Iowa

DES MOINES, Iowa – The Opus Group (Opus) announced today plans for a 208,252-square-foot speculative industrial office and warehouse facility in Ankeny, Iowa. This building represents the first stage of the master plan for Corporate Woods Industrial Center, a 50-acre site that can accommodate up to three buildings totaling 600,000 square feet.

“Our history in Iowa provides the foundation and local expertise necessary to make this project a success,” said Jason Conway, director, real estate development, Opus Development Company, L.L.C. “With a flexible design and desirable location for local, regional and national distribution, the building will be well-suited to accommodate a variety of future users.”

The warehouse will offer 32-foot clear height, ESFR sprinkler systems, LED lighting, up to 50 dock doors and 115 parking spaces with room for expansion.

The industrial development is in a prime location for distribution just one exit north of the Interstate 35 and Interstate 80 intersection, providing a central point of access to the national highway system. Located on 19 acres of land, the building will be able to accommodate single- or multi-tenant occupancy. Construction will begin in May 2015 with completion scheduled for fall 2015. 

The building will be owned by a joint venture partnership between Opus Development Company, L.L.C. and Founders Properties, L.L.C. Opus Development Company, L.L.C. will be the developer, Opus Design Build, L.L.C. will be the design-builder and Opus AE Group, L.L.C. will be the architect and engineer of record. Marcus Pitts and Justin Lossner with Jones Lang LaSalle will market the property for lease. 

About The Opus Group
The Opus Group® is a family of commercial real estate development, construction and design companies headquartered in Minneapolis with offices and projects across the country. Opus operates as an integrated, multidisciplinary team with expertise in development, capital markets and finance; project management and construction; architecture, engineering and interior design. The Opus Group includes Opus Holding, L.L.C. and its operating subsidiaries: Opus Development Company, L.L.C., Opus Design Build, L.L.C. and Opus AE Group, L.L.C. Specializing in healthcare, residential, office, institutional, industrial and retail projects, The Opus Group has broad capabilities, deep experience and a proven design-build model that delivers solutions for customers on time and on budget. For more information, visit www.opus-group.com and follow @TheOpusGroup on Twitter.