Opus Expands South with New Charlotte Office and Leadership Appointment

Opus, a leading integrated commercial real estate development firm, has recently inaugurated a new office in Charlotte, North Carolina. This strategic move is aimed at capitalizing on the growing opportunities in the Southeast, with industry veteran Kelly Dunbar taking the helm as Senior Vice President of Development for the region.

Dunbar joins Opus with an impressive background in the commercial real estate sector, bringing 35 years of experience to his new role. He has a commendable legacy of developing over 11,000 multifamily housing units and previously led the multifamily division at Childress Klein in Charlotte, where he served for 13 years. His deep-rooted knowledge of the Southeastern market and robust network of relationships makes him an exceptional fit for steering Opus’s expansion efforts.

In his new position, Dunbar will be responsible for establishing Opus's presence in the Charlotte area and exploring new industrial and multifamily development opportunities. This involves aligning projects with local economic indicators and the organization's long-term vision.

Mike Yungerman, Executive Vice President and General Manager at Opus, expressed excitement about Dunbar's addition to the team and the opening of the Charlotte office. He stated, "The Southeastern United States has been a strategic focus for us due to its sustained growth and strong potential, particularly in the industrial and multifamily sectors." Yungerman emphasized that Dunbar’s thoughtful and experienced leadership style will play a crucial role in this expansion.

Matt Rauenhorst, President of Opus, echoed these sentiments, indicating that Dunbar’s leadership marks a significant milestone in Opus’s growth strategy. He highlighted how Dunbar’s regional expertise would help Opus create long-term value through local engagement.

The establishment of the Charlotte office comes as Opus wraps up its first project in the region, featuring the Huntersville Commerce Center, a 131,000-square-foot Class A speculative industrial building. This project exemplifies the high-quality standards Opus aims to maintain across its developments.

Dunbar's enthusiasm for his new role is palpable. He stated, "Opus has an impeccable reputation for quality and integrity in major markets across the country, and I'm honored and extremely excited to spearhead their growth in the Southeast."

Dunbar holds a Bachelor of Science degree from Indiana University Indianapolis and is an active participant in the National Multifamily Housing Council, along with several professional real estate organizations.

The Charlotte office, located at 427 East Boulevard, Suite 230, is expected to be a significant driver of growth in the southeastern market for Opus. With the appointment of Kelly Dunbar and the opening of this office, Opus is well-positioned to leverage local knowledge and address the increasing demand in both the industrial and multifamily housing sectors.

Opus, headquartered in Minneapolis, operates a multidisciplinary approach, engaging in development, design, construction, and architectural services. With several subsidiaries under its wing, Opus specializes in a varied array of projects, including industrial, multifamily, office, retail, and institutional developments.

For more insights about Opus and their future plans in the Charlotte area, visit their official website or follow them on social media platforms.