Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
OhioIndustrial

Opus to develop 484,000-square-foot spec industrial warehouse in Ohio

Staff Writer April 5, 2017
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Rickenbacker 8_Opus_Rendering_May 2014

The Opus Group will develop a 484,216-square-foot speculative industrial warehouse building at Opus Business Center at Rickenbacker in Groveport, Ohio. Construction for Building 8 began this month.

“Low vacancy rates and steady demand in the Columbus industrial market are creating a need for new large, flexible industrial spaces,” said Douglas Swain, vice president and general manager of Opus Development Company, L.L.C., in a written statement. “We are excited to build upon our prior success by developing Building 8 in a prime location for a modern bulk distribution center.”

Located on 28.74 acres, the building will accommodate parking for 200 cars and 50 trucks with room to add additional parking. The building also features a 32-foot clear height and 2,500 square feet of office space, which will be constructed with the shell allowing for quick tenant occupancy. Situated in a Community Reinvestment Area, Building 8 will qualify for 100 percent real property tax abatement for 15 years.

Opus has developed seven industrial buildings at Opus Business Center at Rickenbacker totaling 3.6 million square feet. Building 8 is scheduled for completion in November 2014.

Opus Business Center at Rickenbacker 8 will be owned by a joint venture partnership between Opus Development Company, L.L.C. and Founders Properties, L.L.C. Opus Development Company, L.L.C. will be the developer, Opus Design Build, L.L.C. will be the design-builder and Opus AE Group, L.L.C. will be the architect and engineer of record.

Tags
warehouse
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
MichiganIndustrial

Friedman Real Estate closes 12,000-square-foot industrial sale in Harrison Township

June 8, 2023
IllinoisOffice

Simpson Technologies moving HQ to Naperville’s CityGate Centre

June 8, 2023
OhioRetail

Pair of tenants opens at Dayton’s Greene Town Center retail center

June 8, 2023
MichiganOhioCRE

Pogoda Companies takes over management of self-storage facilities in Ohio and Michigan

June 8, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com