MINNEAPOLIS, Minn. - The Opus Group announced today that they have been awarded a contract to design and build a new 250,000-square-foot corporate headquarter campus for Church & Dwight Co., Inc., in the Princeton, N.J., area. An investment group led by Founders Properties, L.L.C. will own the building under a long-term lease with Church & Dwight.
The campus will include two 125,000-square-feet Class A, energy-efficient office buildings that will be designed and constructed with sustainable practices and elements. The buildings will be connected to allow for employee engagement and interaction. Construction is slated to commence in mid- October and the buildings are expected to be completed by the end of 2012. This project will be the fourth in the PrincetonSouth Corporate Center.
“We are extremely pleased to be selected as a partner by Church & Dwight Co., Inc., to design and build a customized solution and bring to life the company’s vision for a new corporate headquarters,” said Dave Menke, senior vice president and general manager of Opus Development Corporation.
Church & Dwight Co., Inc., founded in 1846, manufactures and markets a wide range of personal care, household and specialty products, under the ARM & HAMMER brand name and other trademarks. Church & Dwight has more than 1,000 employees in New Jersey. Approximately half of Church & Dwight’s New Jersey employees will work at the new corporate headquarters following its completion.
James R. Craigie, chairman and chief executive officer of Church and Dwight, commented, “Church & Dwight has achieved an extraordinary record of growth over the past 10 years, culminating in the need to expand and consolidate our headquarters. The pro-business efforts of Governor Christie’s Office provided the incentives that our company needed to maintain our headquarters in New Jersey and keep 1,000 employees in the state. We look forward to partnering with The Opus Group and Founders Properties to build a sustainable campus that will create benefits for our company, our employees, the community and the State of New Jersey.”
About The Opus Group
The Opus Group™ is a family of national commercial real estate companies headquartered in Minneapolis, with expertise in development, project management and construction, architecture and engineering, finance, sales and leasing. The Opus Group includes Opus Holding, L.L.C. and Opus Holding, Inc. and their operating subsidiaries, Opus Development Corporation, Opus Design Build, L.L.C. and Opus AE Group, Inc. For more information, visit www.opus-group.com.
About Founders Properties
Founders Properties, L.L.C. sponsors private real estate investments and provides a full range of acquisition, financing, asset management and investment services for high-net worth investors. For more information, visit www.foundersproperties.com.
The campus will include two 125,000-square-feet Class A, energy-efficient office buildings that will be designed and constructed with sustainable practices and elements. The buildings will be connected to allow for employee engagement and interaction. Construction is slated to commence in mid- October and the buildings are expected to be completed by the end of 2012. This project will be the fourth in the PrincetonSouth Corporate Center.
“We are extremely pleased to be selected as a partner by Church & Dwight Co., Inc., to design and build a customized solution and bring to life the company’s vision for a new corporate headquarters,” said Dave Menke, senior vice president and general manager of Opus Development Corporation.
Church & Dwight Co., Inc., founded in 1846, manufactures and markets a wide range of personal care, household and specialty products, under the ARM & HAMMER brand name and other trademarks. Church & Dwight has more than 1,000 employees in New Jersey. Approximately half of Church & Dwight’s New Jersey employees will work at the new corporate headquarters following its completion.
James R. Craigie, chairman and chief executive officer of Church and Dwight, commented, “Church & Dwight has achieved an extraordinary record of growth over the past 10 years, culminating in the need to expand and consolidate our headquarters. The pro-business efforts of Governor Christie’s Office provided the incentives that our company needed to maintain our headquarters in New Jersey and keep 1,000 employees in the state. We look forward to partnering with The Opus Group and Founders Properties to build a sustainable campus that will create benefits for our company, our employees, the community and the State of New Jersey.”
About The Opus Group
The Opus Group™ is a family of national commercial real estate companies headquartered in Minneapolis, with expertise in development, project management and construction, architecture and engineering, finance, sales and leasing. The Opus Group includes Opus Holding, L.L.C. and Opus Holding, Inc. and their operating subsidiaries, Opus Development Corporation, Opus Design Build, L.L.C. and Opus AE Group, Inc. For more information, visit www.opus-group.com.
About Founders Properties
Founders Properties, L.L.C. sponsors private real estate investments and provides a full range of acquisition, financing, asset management and investment services for high-net worth investors. For more information, visit www.foundersproperties.com.