INDIANAPOLIS – The Opus Group announced today that Seattle-based SK Food Group has signed a lease for the remaining 180,000 square feet of space at Opus Business Center at Rickenbacker 7 in Groveport, Ohio. The deal includes a number of tenant improvements designed to best suit SK Food Group’s food manufacturing and wholesale business.
“This transaction is another sign of the improving activity in the Columbus industrial market,” said Douglas J. Swain, vice president and general manager of Opus Development Company, L.L.C. “We’re pleased to partner with SK Food Group and look forward to collaborating to customize this high-tech space to meet the company’s growing business needs.”
Planned improvements to the facility include building out 16,000 square feet of office space, as well as multiple freezers, coolers and ancillary space to support the assembly area. The modifications to the space will allow 250 employees to work in the facility during each shift.
Building features include a clear height of 36 feet, column spacing of 48 by 50 feet and an ESFR sprinkler system.
“We’re happy with the process and the collaboration with Opus, the city of Groveport and the village of Obetz that allowed us to get the deal done,” said Steve Sposari, president and CEO of SK Food Group. “We are looking forward to developing a relationship with the community and bringing additional employment opportunities to the area as our business grows.”
Jeff Lyons of CBRE represented SK Food Group and Michael Linder from Colliers International was the listing broker.
Opus Business Center at Rickenbacker 7 is owned by Founders Properties, L.L.C. Opus Development Company, L.L.C. assisted with the lease agreement. Opus Design Build, L.L.C. is the general contractor and Opus AE Group, L.L.C. provided design services for the facility improvements. Construction is scheduled for completion in June 2014.
About The Opus Group
The Opus Group® is a family of commercial real estate companies headquartered in Minneapolis with offices and projects across the country. Opus operates as an integrated, multidisciplinary team with expertise in development, capital markets and finance; project management and construction; architecture, engineering and interior design; sales and leasing. The Opus Group includes Opus Holding, L.L.C. and its operating subsidiaries: Opus Development Company, L.L.C., Opus Design Build, L.L.C. and Opus AE Group, L.L.C. Specializing in office, industrial, retail, institutional, residential and government projects, The Opus Group has broad capabilities, deep experience and a proven design-build model that delivers solutions for customers on time and on budget. For more information, visit www.opus-group.com.
About Founders Properties, L.L.C.
Founders Properties, L.L.C., is a provider of commercial real estate investments and management services on behalf of high-net-worth clients, and focuses on leasing, acquisition, disposition and financial services of commercial real estate investments. Headquartered in Minneapolis, Founders Properties is a privately held company formed by two highly regarded industry veterans, Best Buy Founder Richard M. Schulze and Opus Founder Gerald Rauenhorst. For additional information, please visit www.foundersproperties.com.