The Opus Group is opening an office in Phoenix, and has hired Lawrence Pobuda as senior vice president and general manager of its Opus Development Company LLC. In his new role, Pobuda will pursue new business opportunities for the firm across a variety of property sectors in the Phoenix market.
"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 LLC. "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."
A 26-year industry veteran, Pobuda joins the firm from Transwestern, where he most recently served as senior vice president of capital markets. Before that he was co-founder and partner of Stewart Lawrence Group, a Minneapolis-based investment firm. He also held positions at United Properties and Trammell Crow Company.
Pobuda holds an MBA in marketing and finance from Northwestern University, and earned his bachelor's degree from Michigan State University. He 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.