Opus Development Corporation Completes Land Transaction

2/24/2012
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MINNEAPOLIS, Minn. - Opus Development Corporation today announced the sale of a parcel of land in Shakopee, Minn. to Seattle-based SanMar® Corporation for an undisclosed sum.

One of the nation’s largest imprintable-clothing suppliers, SanMar purchased the 45-acre site, located along Canterbury Road and Fourth Avenue. The company has plans to build a 580,000-square-foot distribution center on the site.  

“We are extremely pleased SanMar selected this site for its new facility,” said Tony Phelps, senior director of development, Opus Development Corporation, “It is exciting to help growing companies find the perfect location to meet their particular needs.”  

Phelps represented the seller and Cassidy Turley represented the buyer in this transaction. 

About The Opus Group
The Opus Group® is a family of national commercial real estate companies headquartered in Minneapolis, with expertise in development, project management and construction, architecture and engineering, finance, sales and leasing. The Opus Group includes Opus Holding, L.L.C. and Opus Holding, Inc. and their operating subsidiaries, Opus Development Corporation, Opus Design Build, L.L.C. and Opus AE Group, Inc. Specializing in office, industrial, retail, residential living, institutional and government 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.