Iowa Industrial Development Provides Ideal Location For Distribution
With a long history in Iowa, local Opus team members recognized a growing demand for speculative industrial space in the greater Des Moines, Iowa, area. Citing vacancy rates as low as 2% and a shortage of new supply, Opus master planned Corporate Woods Industrial Park in response to market conditions.
Located on 50 acres in Ankeny, Iowa, the industrial center can accommodate up to three buildings totaling 600,000 square feet. Just one exit north of the Interstate 35 and Interstate 80 interchange, the site provides quick access to the national highway system, making it a desirable location for local, regional or national distribution.
Construction Begins on First Building
Construction on the first speculative building will begin May 2015, with completion scheduled for fall 2015. The first phase of the master plan will offer:
- 208,252 square feet,
- 32-foot clear height,
- ESFR sprinkler systems,
- LED lighting,
- up to 50 dock doors and
- 115 parking spaces with room for expansion.
The building also features a flexible design that can accommodate single- or multi-tenant occupancy for a variety of future users.
Corporate Woods Industrial Park will be owned by a joint venture partnership between Opus Development Company and Founders Properties, L.L.C.