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Opus closes loan for Des Moines facility

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Opus Development Corp. announced today the closing of two loans with TCF Bank totaling more than $32 million.

One of the loans, worth $11.5 million, will fund a project for a 300,000-square-foot industrial facility for a company in Des Moines. An Opus spokesperson wouldn’t disclose which company was building the facility, but said it was a Fortune 100 member.