The Opus Group (Opus) today announced the start of construction on a speculative industrial building in Merrillville, Ind. Located one mile from Interstate 65 with easy access to a full interchange at U.S. Hwy. 30, the 289,000-square-foot building can accommodate both warehouse and distribution tenants.
The building is on a 37-acre site at 8700-8900 Mississippi Street. In addition to a convenient location between Chicago and Indianapolis on the Interstate 65 corridor, which is just 44 miles southeast of Chicago, tenants will benefit from the development's close proximity to many restaurants, hotels and corporate users.
“We are pleased to bring this new industrial asset to Merrillville," said Brett Tomfohrde, director of real estate development at Opus. “In addition to expanding the city's tax base, the development will support the local economy with jobs and provide tenants with immediate interstate access, modern clear heights, and generous parking for employees and trailers."
The building will feature 32-foot clear height, 30 dock doors (expandable to 65), 239 auto parking stalls and 58 dedicated trailer parking stalls.
It will be complete and ready for occupancy in December 2023.
Opus is the developer, design-builder, and architect and structural engineer of record on the project. Old National Bank is the construction lender and Ryan Klink and Sean Henrick at Cushman & Wakefield are marketing the space for lease.
The building is on a 37-acre site at 8700-8900 Mississippi Street. In addition to a convenient location between Chicago and Indianapolis on the Interstate 65 corridor, which is just 44 miles southeast of Chicago, tenants will benefit from the development's close proximity to many restaurants, hotels and corporate users.
“We are pleased to bring this new industrial asset to Merrillville," said Brett Tomfohrde, director of real estate development at Opus. “In addition to expanding the city's tax base, the development will support the local economy with jobs and provide tenants with immediate interstate access, modern clear heights, and generous parking for employees and trailers."
The building will feature 32-foot clear height, 30 dock doors (expandable to 65), 239 auto parking stalls and 58 dedicated trailer parking stalls.
It will be complete and ready for occupancy in December 2023.
Opus is the developer, design-builder, and architect and structural engineer of record on the project. Old National Bank is the construction lender and Ryan Klink and Sean Henrick at Cushman & Wakefield are marketing the 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; 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 industrial, office, residential, retail and institutional 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 and Instagram.