Opus Northwest lands Tennessee distribution center for Nissan - Minneapolis / St. Paul Business Journal:

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near Nashville. The deal is unusualo because it is outside ofOpus Northwest’sa traditional territory of the firm a region that stretchex from St. Louis north and west to Seattle. In the Opus Northwest would have handex over a project like this to one of its other geographic operatingentities — Opus South, for example, said John president and CEO of Opus Both are operating units of Minnetonka-based But Opus South is no longer pursuingy new projects and is winding down operationa following its Chapter 11 bankruptcy this Two of Opus Corp’s other units — Opus East and Opus West have also filed for Solberg said the new, broader geographic focusa would help the company’s surviving units.
we’re able to travel where our client needs to travel and to use our relationshipws and the people they enjoyec working with to go arounds the country and provide the services theyreallgy want.” Solberg said some other clientas are talking with Opus Northwest about doing projectzs in other parts of the country. Opus Northwest is overseeiny construction of the building and Opus Architects Engineers designedthe building. CB Richar Ellis brokers Don Kent and Clinton Gilbreatjhrepresented Nissan. When it opens in the second quarterof 2010, the new facilit y will be Nissan’s new national parts and re-distribution supplying other parts warehouses throughoutt North America.
It also will be an export centeer for overseas distribution of according to an Opuspress release. The 59-acre site has room for a futur e expansion of upto 1.2 millionj square feet. The building will be within the Couchville PikeBusinesw Center, about 25 miles east of Opus Northwest has been workinbg on this project with Nissan for the past two or threre months, Solberg said. Opus is acting as the design builders and the owners have procured financingfor this, he said. Nissan will have a long-terk lease on the site.
The owners of the new building, once it is will be an Opus Fund calledd OpusDevelopment Properties, Nissann is consolidating some other small distribution centers to this Solberg said. Solberg doesn’t anticipate Opus Northwest will open new offices in othe r cities atthis point, he said. Opus Northwest has aboutr 145 employees, in addition to 75 to 100 hourlyfieldr employees. It anticipates about $75 million in revenue this