The Opus Group® Announces Completion and Full Leasing of Gateway Industrial Center

6/16/2016
Tags:

DES MOINES, Iowa – The Opus Group (Opus) announced today the completion and full leasing of Gateway Industrial Center – a 182,000-square-foot speculative industrial warehouse and office facility in Grimes.

“We’re extremely pleased to have built and leased this facility to its full capacity in under a year,” said Jason Conway, director, real estate development, Opus Development Company, L.L.C. “We recognized significant demand for high-quality industrial developments in the greater Des Moines market and our collaborative and transparent business practices allowed for a seamless solution and transition for these companies.”

Tenants of the building include Owens & Minor – a medical and surgical supply distributor – as well as American Contract Systems and Laser Resources, all of whom serve a local client base including UnityPoint Health, a regional healthcare provider.

“ACS is pleased to continue our great partnership with UnityPoint Health by moving into the same building as their new distribution center,” said Charlie Persby, executive vice president, American Contract Systems.

"We are excited to be moving into this beautiful new building and believe our new space will enable us to better serve our customers in the years to come,” said Bob Lashier, president and CEO, Laser Resources.

Gateway Industrial Center is located on a 16-acre site with immediate access to Highway 141 and near the intersection of Interstates 80 and 35. The building features an ESFR sprinkler system, 23 dock doors, two drive-in doors and 32-foot clear height – setting it apart from most competing spaces in the market.

Construction of the industrial warehouse began in May 2015, with completion in February 2016. Opus’ recent portfolio of work includes more than 8.2 million square feet of industrial developments currently in its pipeline or completed in the past 24 months across the United States, including the nearby Corporate Woods Industrial Park in Ankeny, Iowa.

Gateway Industrial Center is 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. was the developer, Opus Design Build, L.L.C. was the design-builder and Opus AE Group, L.L.C. was the architect and structural engineer of record. Chris Pendroy and Kermit Marsh with Iowa Realty Commercial represented the landlord in the transaction, Adam Faulk with Jackson & Cooksey represented Owens & Minor, American Contract Systems was self-represented and Kurt Mumm and Jake Highfill of NAI Optimum represented Laser Resources.

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.