Opus Development Corporation Contracted to Build Industrial Facility

DES MOINES, Iowa - The Des Moines office of Opus Development Corporation announced today that it executed a long term build-to-suit for lease with a Fortune 100 company for a new 300,000-square-foot industrial facility in Des Moines, Iowa. Opus Design Build, L.L.C. will construct the new facility and Opus AE Group, Inc. is the project architect.

The project is slated to break ground this spring with completion scheduled for February 2012.  

“We are very pleased to be selected as a landlord and to build this project, which taps into our team’s local presence and depth of experience in the industrial sector,” said Mike Yungerman, vice president, real estate development for Opus Development Corporation. “The industrial market is seeing signs of improvement as evidenced by projects of this type and companies making long-term real estate commitments.”  

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.