The Opus Group has acquired 316 acres of undeveloped land between Interstate 70 and Denver International Airport in Aurora, Colo., for $49.7 million.
Opus, in a joint venture with Principal Real Estate Investors, plans to build a 3.9 million-square-foot industrial park at the site called Sun Empire.
The first phase of development at Sun Empire is scheduled to break ground in third quarter 2022. It will include two class-A buildings of 624,000 square feet and 205,000 square feet in size. Later phases of construction will be influenced by tenant requirements. The park can accommodate building sizes ranging from 200,000 square feet to 1 million square feet. Each building is slated to include substantial trailer parking as well as dock and drive-in loading.
The site is located at East 56th Avenue and Harvest Road, within metro Denver’s Airport submarket. It is a five-minute drive from Denver International Airport, two minutes from E-470, eight minutes from I-70 an