The Opus Group® Announces Contract with Meritex to Construct Industrial Building in Columbus, Ohio

9/27/2017

​The Opus Group (Opus) announced today a contract with The Meritex® Company to construct a 250,050-square-foot industrial building in Columbus. To be located on the corner of Alum Creek Drive and Spiegel Drive, the modern industrial facility is scheduled to begin construction this year and is scheduled for completion in May 2018.

“This project is a great complement to Meritex’s footprint in the Columbus area and we look forward to supporting their vision for the property,” said Douglas J. Swain, vice president, general manager, Opus Development Company, L.L.C. “We are excited to work with Meritex to continue our engagement in the Columbus marketplace.”

The industrial building for Meritex will feature a 32-foot clear height and truck ports at the back of the building. Designed with flexibility at the forefront, the building is suitable for tenants seeking 50,000 to 250,000 square feet of space and can accommodate up to four tenants. The highly visible location also allows for easy accessibility to major interstates as well as close proximity to the Rickenbacker International Airport.

“We’ve owned the 16-acre property for a number of years and decided that the recent market activity made it a strategic time to develop,” said Dan Williams, Chief Investment Officer, Meritex. “We’re excited to strengthen our engagement in the Columbus market and look forward to meeting the demand we’re seeing through this building.”

Meritex is a commercial real estate company that strategically expands in key markets, ensuring that its properties and growth rates are commensurate with tenants’ needs and ambitions. In the Columbus market to-date, Meritex has a portfolio of over 1.6 million square feet.

Opus Design Build, L.L.C. will be the design-builder for the project and Opus AE Group, L.L.C. will be the architect and structural engineer of record. Opus Development Company, L.L.C. will provide development support services. Rick Trott and Kevin McGrath with CBRE, Inc. will market the project on behalf of Meritex.

About The Opus Group

The Opus Group® is a family of commercial real estate development, construction and design companies headquartered in Minneapolis with offices and projects across the country. Opus operates as an integrated, multidisciplinary team with expertise in development, capital markets and finance; project management and construction; architecture, engineering and interior design. The Opus Group includes Opus Holding, L.L.C. and its operating subsidiaries: Opus Development Company, L.L.C., Opus Design Build, L.L.C. and Opus AE Group, L.L.C. Specializing in industrial, office, residential, retail, healthcare and institutional projects, The Opus Group has broad capabilities, deep experience and a proven design-build model that delivers speed, cost savings and best overall value for clients. For more information, visit www.opus-group.com and follow @TheOpusGroup on Twitter.