Don Little Going Solo as Opus West Restructures

For the past eight years Little has been the salaried Northern California real estate investment and development adviser for Opus West, which last week filed for protection from creditors under Ch. 11 of the US Bankruptcy Code while it restructures. Its sister companies, Opus East LLC and Opus South Corp., filed earlier this year. All three fell victim to declining commercial property values and tight credit markets.As Don Little Real Estate Group LLC, Little has been retained for the same purpose by Opus Properties LLC, whose Northern California portfolio includes several developments, some built, some planned and some under construction. "…these developments are independent of and unaffected by the recent bankruptcy filing by Opus West," Little says. "The investment funds own and control each asset… ."

Opus Properties' portfolio includes Opus Logistics Center Stockton, an industrial distribution center that is under development and able to support 8.2 million square feet of development; Opus Center Sierra Point, a site in Brisbane entitled for 450,000 square feet of class A office space; Gateway Corporate Center Sacramento, a 240,000-square-foot class A office project; Opus Corporate Center Roseville, a 120,000-square-foot class A office development; and Rocklin Corporate Center, a 234,000-square-foot class A office development.