USAA, OPUS TO DEVELOP 604,565 SF SPEC INDUSTRIAL BUILDING

NORTH AURORA, ILL. — USAA Real Estate Co. has acquired 32 acres in suburban Chicago and has contracted The Opus Group to develop, design and construct a 604,565-square-foot speculative industrial building. USAA Real Estate Co. will own the building. The speculative building will be located in proximity to I-88 in North Aurora. The building will feature 32-foot clear ceiling heights, 60 docks, 103 trailer parking spaces, office space and future expansion capabilities to 1 million square feet. Construction is slated to begin in early October, with completion scheduled for June 2014. Opus Design Build LLC will construct the building, and Opus AE Group LLC will serve as project architect. Opus also purchased an adjacent 25-acre parcel, which is available for build-to-suit opportunities or building expansion. Brendan Kelly of Avison Young represented USAA in the land transaction.