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Opus Looking to Build Industrial Project

The Irvine office of Phoenix-based Opus West Corp. is considering building three large warehouses in a move that would mark the first development geared to big industrial tenants in Orange County since the start of the decade.

The $60 million project, called the Anaheim Freeway Technology Park, would total more than 420,000 square feet.

The Anaheim site is a former automobile battery plant at 1201 Magnolia Ave. It’s near the intersection of the San Diego (I-5) and Riverside (91) freeways.

Opus West is in talks to buy the land from auto parts supplier Delphi Corp., which is in bankruptcy reorganization.

A completion date for the deal hasn’t been set. The closing depends on the bankruptcy court handling the Delphi land sale, according to Paul Marshall, vice president for Opus West in Irvine.

Troy, Mich.-based Delphi is the largest of several auto parts suppliers to file for bankruptcy in the past year.

The Anaheim Freeway Technology Park would be smaller than the massive distri-bution centers being built in the Inland Empire.

But it still would be a big deal for OC, where developers largely have shied away from single-tenant buildings of 100,000 square feet or more because of land costs.


For more on this story, see the Jan. 9 edition of the Business Journal.

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Mark Mueller
Mark Mueller
Mark is the Editor-in-Chief of the Orange County Business Journal, one of the premier regional business newspapers in the country. He’s the fifth person to hold the editor’s position in the paper’s long history. He oversees a staff of about 15 people. The OCBJ is considered a must-read for area business executives. The print edition of the paper is the primary source of local news for most of the Business Journal’s subscribers, which includes most of OC’s major corporate and community players. Mark’s been with the paper since 2005, and long served as the real estate reporter for the paper, breaking hundreds of commercial and residential real estate stories. He took on the editor’s position in 2018.
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