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Carter Takes Up Opus Management

TAMPA, FL-The Atlanta-based firm seizes the opportunity to expand after the Opus South shutdown.

By Carl Cronan | Updated on July 27, 2009

TAMPA, FL-Expanding on its leasing contacts in Florida, Atlanta-based Carter has picked up three property management assignments totaling nearly 340,000 square feet statewide from a private limited partnership sponsored by Opus Corp. The properties were previously managed by the Opus South division, which concluded operations after filing for Chapter 11 bankruptcy in April.

Carter will now manage Tampa Oaks II and Orlando’s University Corporate Center III, both office buildings with 105,000 square feet, and Weston Park of Commerce in Fort Lauderdale, a 130,000-square-foot industrial property. The firm now manages close to four million square feet throughout Florida, primarily in the Tampa market.

Holly Hughes, chief administrative officer and executive vice president of property management with Carter, says Opus approached the firm about outsourcing those duties earlier this year. The initial contract will hopefully allow Carter to expand upon long-standing leasing relationships to include property management.

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