OPUS WEST ACQUIRES 10-ACRE SITE FOR MIXED-USE DEVELOPMENT

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RANCHO CUCAMONGA, CALIF. — Phoenix-based Opus West has acquired a 10-acre land parcel from Inland Empire, Calif.-based JAFAM Corp. for the development of Haven Point, a 161,000-square-foot office/retail project in Rancho Cucamonga. The project will consist of a four-story, 140,000-square-foot office building, 16,000 square feet of retail space and a freestanding 5,000-square-foot, drive-through-approved bank pad. Construction is slated to being in spring 2008, with completion scheduled for summer 2009.

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