Industrial Lease Signed at Opus Business Center at Rickenbacker in Ohio

10/25/2011
INDIANAPOLIS, Ind. - Opus Development Corporation today announced that Union Supply Company, Inc., signed a long-term lease agreement for 315,534-square-feet in building seven at Opus Business Center at Rickenbacker in Groveport, Ohio.

“Completing this transaction is a testament to the improving activity in the Columbus industrial market,” said John Cumming, vice president and general manager, Opus Development Corporation. “We are pleased to work with Union Supply to provide a first-class facility that meets its current and future office/distribution needs,” added Cumming. 

Rancho Dominguez, Calif., -based Union Supply Co’s rapid growth drove the need for more space and the move to the Class A, 496,000-square-foot industrial distribution center. The company is scheduled to occupy the building in fourth quarter 2011. 

Representative brokers for this transaction include San Diego-based McKinney Brokerage Group for Union Supply Co., Rick Trott, Mike Hurd and Kevin McGrath from Cassidy Turley on behalf of the building owner.  

Opus has developed seven buildings totaling 3.6 million square feet in the Opus Business Center at Rickenbacker. Other tenants include: Xerox, Cardinal Health, Specialized Bicycles, Exel, Medline Industries, Yokahama Tire, DEX Corporation and Nothing Over a Dollar. 

Additionally, Opus has 50 acres of land at Opus Business Center at Rickenbacker that is available for build-to-suit projects. 

About The Opus Group
The Opus Group™ is a family of national commercial real estate companies headquartered in Minneapolis, with expertise in development, project management and construction, architecture and engineering, finance, sales and leasing. The Opus Group includes Opus Holding, L.L.C. and Opus Holding, Inc. and their operating subsidiaries, Opus Development Corporation, Opus Design Build, L.L.C. and Opus AE Group, Inc. Specializing in office, industrial, retail, residential living, institutional and government 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 www.opus-group.com.