{"id":1004140042,"date":"2016-03-23T07:58:43","date_gmt":"2016-03-23T15:58:43","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004140042"},"modified":"2020-04-23T04:26:58","modified_gmt":"2020-04-23T12:26:58","slug":"opus-group-aew-capital-management-build-industrial-facility-in-north-aurora","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/opus-group-aew-capital-management-build-industrial-facility-in-north-aurora\/","title":{"rendered":"Opus Group, AEW Capital Management Build Industrial Facility in North Aurora"},"content":{"rendered":"

By Anca Gagiuc, Associate Editor<\/em><\/p>\n

\"North<\/a>

North Aurora Speculative Industrial Development<\/em><\/p><\/div>\n

Chicago<\/strong>\u2014The Opus Group<\/a> and AEW Capital Management<\/a> announced the groundbreaking of\u00a0a 452,000-square-foot speculative industrial warehouse located at 1100 Orchard Gateway Blvd. in North Aurora, Ill. The property is being developed for\u00a0one of AEW\u2019s institutional separate account clients.<\/p>\n

\u201cWe\u2019re excited to bring another speculative industrial project<\/a> online in the North Aurora area on the heels of the success of our first building in the business park<\/a>,\u201d said Mike Yungerman, vice-president of real estate development, Opus Development Company LLC. \u201cThe I-88 submarket<\/a> has experienced strong leasing activity over the last year and with easy access to the interchange and highway visibility, the location will make this development all the more desirable.\u201d<\/p>\n

The property will sit on 25 acres of land, encompassing 48 docks with room for expansion of up to 88, four drive-in doors, 79 trailer parking spaces and 263 car parking stalls. The warehouse will also offer a 36-foot ceiling height.<\/p>\n

The industrial facility will accommodate up to two tenants seeking to occupy 200,000 square feet of space or more. The project is slated for completion in July 2016.<\/p>\n

Included in the development of the project are Opus Development Company LLC (developer), Opus Design Build LLC (the design-builder) and Opus AE Group LLC (architect and structural engineer of record). The leasing process will be handled by Brendan Kelly and Todd Heine with Avison Young<\/a>.<\/p>\n

Rendering courtesy of Opus Group<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

A 452,000-square-foot industrial facility is currently under development in North Aurora, Ill.<\/p>\n","protected":false},"author":237,"featured_media":1004140043,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21782,21748,13,21742],"tags":[],"class_list":["post-1004140042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-development","category-industrial","category-midwest","category-latest"],"acf":[],"yoast_head":"\nOpus Group, AEW Capital Management Build Industrial Facility in North Aurora - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/opus-group-aew-capital-management-build-industrial-facility-in-north-aurora\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Opus Group, AEW Capital Management Build Industrial Facility in North Aurora\" \/>\n<meta property=\"og:description\" content=\"A 452,000-square-foot industrial facility is currently under development in North Aurora, Ill.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/opus-group-aew-capital-management-build-industrial-facility-in-north-aurora\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-23T15:58:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-23T12:26:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/North-Aurora-IL-Spec-Industrial-Development.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/opus-group-aew-capital-management-build-industrial-facility-in-north-aurora\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/opus-group-aew-capital-management-build-industrial-facility-in-north-aurora\/\",\"name\":\"Opus Group, AEW Capital Management Build Industrial Facility in North Aurora - 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