The Opus Group (Minneapolis) announced today it is opening an office in Phoenix and has hired 26-year industry veteran Lawrence (Larry) Pobuda as senior vice president and general manager of Opus Development Company, L.L.C.
“We see significant growth potential in Phoenix, particularly in the sectors in which we have expertise,” said Tim Murnane, president and CEO of Opus Holding, L.L.C. “We’re committed to establishing a long-term presence in the Phoenix market, and with Larry’s tenure and highly-regarded reputation, he is an excellent addition to our team as we launch our presence in this area.”
In his new role, Pobuda will pursue new business opportunities in the Phoenix market across a variety of sectors, including office, industrial and residential.
“I’m thrilled to join Opus and its talented team of commercial real estate professionals,” said Pobuda. “Opus continues to see strong activity across sectors, and with a unique integrated design-build approach they have deep expertise and a strong listing of products and services to offer in this market.”
Pobuda comes to Opus from Transwestern, where he was senior vice president of capital markets. He was also co-founder and partner of Stewart Lawrence Group, a Minneapolis-based investment firm specializing in office, industrial and residential assets. Previous professional experience also includes United Properties and Trammell Crow Company.
Lawrence Pobuda earned a Bachelor of Arts from Michigan State University and completed his MBA in marketing and finance at Northwestern University. Pobuda is a member of NAIOP, the Commercial Real Estate Development Association, and served as the chairman of the national board of directors of 2010 and is a past president of the Minnesota chapter.