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Opus Developing Green Buildings at Sierra Point

BRISBANE, CA-Opus West Corp. is moving forward with plans for a LEED-certified, 450,000-sf class A office development within its waterfront office and R&D campus.

By Brian K. Miller | Updated on August 28, 2007

BRISBANE, CA-Opus West Corp. is moving forward with plans for the final phase of Opus Center Sierra Point, a waterfront property south of San Francisco along Highway 101 where Opus already has developed about 800,000 sf. The finale will include two class A office buildings totaling 450,000 sf. Construction is expected to start in early 2008, with completion slated for the second quarter of 2009.

One of the buildings will have 10 stories and 250,000 sf net rentable and the second building will have eight stories and approximately 200,000 sf net rentable. Opus says it will develop the property with hope of gaining certification from the US Green Building Council through its LEED program.

“We feel the timing is right to bring our final phase to market,” says Don Little, senior vice president of Northern California for Opus West. Randy Ackerman, Opus’ VP of Northern California real estate, tells GlobeSt.com that given where Opus sees the market going, the asking full-service lease rate for the project will be “in the $50s.”

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