Opus is bringing another spec industrial development to North Aurora, Ill. The 452,000-square-foot industrial warehouse is being constructed at 1100 Orchard Gateway Blvd, immediately adjacent to the recently completed I-88 Gateway Logistics Center.
Designed to meet growing demand for distribution and light manufacturing space in suburban Chicago, the new warehouse is located in the desirable I-88 submarket. It is a high density area that lacks large blocks of industrial space, making this type of development unique. With immediate access to I-88 and highway visibility, the new Opus development will accommodate up to two tenants seeking to occupy 200,000 square feet of space or more.
Situated on a 25-acre parcel of land, the industrial building will feature:
The building is slated for completion in July 2016. Ownership will be a joint venture between Opus Development Company, L.L.C., and AEW on behalf of the latter’s institutional separate account clients.