Groundbreaking on River Road Logistics in Council Bluffs, Iowa

The Opus Group(Opus) today announced the start of construction on River Road Logistics, a 302,300-square-foot speculative industrial building on a nearly 40-acre site in Council Bluffs, Iowa, southeast of Omaha, Neb. The development is located at the intersection of Nebraska Ave. and River Road, near the interchanges of Interstate 29 and Interstate 80. The location offers tenants superior route access, logistical efficiency and brand visibility.

“We are pleased to bring this new industrial development to the Omaha-Council Bluffs metro area," said Jason Conway, senior director of real estate development for Opus. “The Omaha market is currently underserved in terms of industrial space. River Road Logistics will help address the current demand for modern industrial space in a highly convenient location."

The building features 34 dock doors expandable to 75, two drive-in doors expandable to four, 50 dedicated trailer parking stalls, 225 vehicle parking stalls and 32-foot clear height. More than half of the building has been pre-leased, making 138,000 remaining square feet available to accommodate additional tenants in need of warehouse distribution operations or light manufacturing. The site is master planned for a second building. The first building is slated for completion in first quarter 2023.

Opus is the developer, design-builder, and architect and structural engineer of record on the project. Cushman & Wakefield/The Lund Company's Matt Hasenjager and Denny Sciscoe are marketing the remaining space 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; 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.

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