The Opus Group® Breaks Ground on Third Speculative Industrial Building at Tollway Corporate Center in North Aurora, Ill.

The Opus Group (Opus) today announced the start of construction on the third and final building at Tollway Corporate Center, an industrial development in Chicago's Interstate 88 submarket. Designed for tenants who need modern warehousing and/or distribution space, the 408,195-square-foot project is a joint venture with Principal Asset Management, through its dedicated real estate investment team.

Located at 320 Overland Drive in North Aurora, Ill., the building offers immediate access to Interstate 88 via a full interchange at Route 31. Tollway Corporate Center is located near many restaurants, hotels and a wide variety of corporate users.

“We are excited to offer another modern industrial facility in North Aurora," said Mike Robinson, senior director of real estate development at Opus. “Tollway Corporate Center is a rare infill development that offers tenants close proximity to area amenities, as well as convenient freeway access and an abundant and well-qualified labor pool in the I-88 corridor."

The cross-docked facility features 36-foot clear height, 55 dock doors (expandable to 90), four drive-in doors, 134 auto parking stalls (expandable to 196), 94 trailer parking stalls and clerestory windows for natural lighting.

Opus completed construction of the first two buildings at Tollway Corporate Center in December 2022. The buildings, which were also joint ventures with Principal Asset Management, are now fully leased to Soligent Distribution, Karat Packaging and Ryder Integrated Logistics.

“We are pleased to be partnering with Opus once again," said David Straka, managing director for real estate at Principal Asset Management. “This third building at Tollway Corporate Center completes the development, helping meet demand for flexible industrial supply while benefitting the local economy with job opportunities."

Opus is the developer, design-builder and architect and structural engineer of record on the project. Brian Kling and Reed Adler of Colliers and Dan Leahy and Packy Doyle of NAI Hiffman are marketing the space for lease.

The building is expected to be complete in December 2023.

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 and institutional projects, The Opus Group has broad capabilities, deep experience and a proven design-build model that delivers solutions for customers on time and on budget. For more information, visit and follow @TheOpusGroup on Twitter and Instagram.

About Principal Asset ManagementSM​:

With public and private market capabilities across all asset classes, Principal Asset ManagementSM and its investment specialists look at asset management through a different lens, creating solutions to help deliver client investment objectives. By applying local insights with global perspectives, Principal Asset Management identifies distinct and compelling investment opportunities for more than 1,100 institutional clients in over 80 markets.1 Its dedicated real estate investment team manages or sub-advises $97.9 billion in commercial real estate assets.1 The firm's real estate capabilities include both public and private equity and debt investment alternatives.

Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing $517.8 billion in assets1 and recognized as a Top 10 “Best Places to Work in Money Management2" for 11 consecutive years. Learn more at   

[1] As of March 31, 2022 
[2] Pensions & Investments, “The Best Places to Work in Money Management", December 12, 2022.