Opus Development Corporation in late February closed 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 for 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.