The Opus Group® Begins Construction on Industrial Build-to-Suit in Ankeny, Iowa

8/3/2021
The Opus Group announced today the start of construction on an industrial build-to-suit in Ankeny, Iowa, a suburb approximately 10 minutes north of Des Moines. Brown Warehouse Company, a leasing and third-party logistics company, will occupy the building within Swanwood Logistics Center. This is Opus' fourth building in the Ankeny submarket, following three phases at Corporate Woods Industrial Park, the last of which was completed in August 2020.

“We've seen great success across the broader Des Moines market and are thrilled to kick off the next development in Ankeny," said Jason Conway, senior director of real estate development at Opus. “We look forward to helping Brown Warehouse Company bring their vision to life as well as meet the demand for industrial space with the addition of a speculative building."

Situated on 25 acres, the Brown Warehouse Company building will total 277,930 square feet with 43 vehicle parking stalls, 24 dock doors and two drive-in doors. Brown Warehouse Company. will operate its warehousing business in the new building and relocate its workforce from its three previous locations. The project is scheduled for April 2022 completion.

“Our team is excited about our new building and its convenient interstate access," said Taylor Brown, president of Brown Truck Leasing Corp. the parent of Brown Warehouse Company “By consolidating our previous locations, our workforce and business will be able to grow into this new space and ultimately better serve our clients."

Opus has an additional 25 acres adjacent to the site with plans for a speculative industrial development. The speculative building will total 296,360 square feet with 184 vehicle parking stalls, 24 dock doors, two drive-in doors and 59 trailer parking stalls. Construction will begin later this summer with a scheduled completion in June 2022.

Opus is the developer, design-builder, interior designer and architect and structural engineer of record. Snyder is the civil engineer for the build-to-suit project. Marcus Pitts and Austin Hedstrom of JLL are marketing the speculative building 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, student living, senior living, institutional 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 and @theopusgroup on Instagram.