Construction Begun on Opus North Complex

VAN BUREN TOWNSHIP, MI-The Opus North Corp. recently started construction on the Van Buren Commerce Center in Van Buren Township. There are two large industrial developments going up on a site at I-275 and Van Born and Haggerty roads. The first will be 200,000-sf of space to be offered to warehouse and automotive users, says Les Blum, senior vice president and general manager for the Illinois-based company.

“The first development should be finished by spring, and another identical building will be started in the summer,” he says. The price for the complex is about $20 million. It’s the company’s second entry into the market.

“We came out four years ago for a development for Advo Co. and began looking for additional land,” Blum notes. Opus wanted land in Van Buren, but a moratorium on new development was implemented. The company finally received site plan approval in July.Blum says the company is talking to a few prospects right now for the facility. “We hope to rent the space in the $5 to $5.25 per square foot range, triple net,” he says. The company is also scouring the Detroit area for more developable land for more projects.