Opus West says the steel frame, floor-to-ceiling glass buildingswill be constructed on a build-to-suit and speculative basis withan eye toward achieving LEED Silver certification from the US GreenBuilding Council. Details about the development time line andconstruction financing were not immediately available. Currentasking rents for class A office space are approximately $2.25-$2.35per square foot per month.


Tom Schaal, Opus West's vice president of real estate inSacramento, CA, says the company is going forward with the projectbecause it believes in the Roseville/Rocklin submarket's"intrinsics," which he says include existing infrastructure,educated work force, affordable and executive housing, andrestaurant and shopping amenities.


"We anticipate that the Roseville/Rocklin submarket will reboundin 2010 and continue to be a solid employment center and preferredcorporate address in the region," adds Don Little, senior vicepresident of Northern California for Opus West.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.