The Opus Group (Opus) today announces the start of construction on a distribution and light manufacturing facility in Minneapolis' northwest metro industrial market. The 131,578-square-foot speculative facility is advantageously located at 17600 Territorial Road in Dayton, a 10-acre site easily accessible from the new Dayton Parkway Interchange and Interstate 94.
“The Twin Cities northwest industrial submarket continues to lead and outperform the balance of the metro with active users and strong demand. The desirable location and ease of access with the addition of the Dayton Parkway Interchange has only increased that activity," said Nick Murnane, vice president and general manager of real estate development with Opus, adding, “With this facility, we will have the ability to provide a unique offering for users who require smaller footprints in a submarket that has been dominated by larger spaces."
According to Murnane, TurbinePROs, a leading North American provider of field services for rotating equipment manufacturers, has already signed a lease for more than 87,000 square feet of the facility, leaving approximately 44,000 square feet available for lease.
In addition to its enviable location, the Dayton Parkway Business Center offers prospective tenants 9 dock doors, expandable to 29; five drive-in doors; a clear height of 28 feet; 149 vehicle parking stalls and 14 trailer parking stalls. Additional amenities include natural lighting and motion-activated occupancy sensors.
Opus is the developer, design-builder, architect and structural engineer of record on the project. Dan Swartz and Austin Lovin of CBRE are marketing the space for lease.
The Dayton Parkway Business Center is slated for completion in early 2025.
“The Twin Cities northwest industrial submarket continues to lead and outperform the balance of the metro with active users and strong demand. The desirable location and ease of access with the addition of the Dayton Parkway Interchange has only increased that activity," said Nick Murnane, vice president and general manager of real estate development with Opus, adding, “With this facility, we will have the ability to provide a unique offering for users who require smaller footprints in a submarket that has been dominated by larger spaces."
According to Murnane, TurbinePROs, a leading North American provider of field services for rotating equipment manufacturers, has already signed a lease for more than 87,000 square feet of the facility, leaving approximately 44,000 square feet available for lease.
In addition to its enviable location, the Dayton Parkway Business Center offers prospective tenants 9 dock doors, expandable to 29; five drive-in doors; a clear height of 28 feet; 149 vehicle parking stalls and 14 trailer parking stalls. Additional amenities include natural lighting and motion-activated occupancy sensors.
Opus is the developer, design-builder, architect and structural engineer of record on the project. Dan Swartz and Austin Lovin of CBRE are marketing the space for lease.
The Dayton Parkway Business Center is slated for completion in early 2025.
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; and architecture and engineering. 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 industrial, office, residential, retail and institutional projects, Opus 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 The Opus Group on LinkedIn and Instagram