Endeavor Development and HM Cragg announced a 92,224-square-foot lease for HM Cragg at Endeavor Development’s Nexus at Opus Park redevelopment, a two-building, 174,230-square-foot industrial development in Eden Prairie, Minnesota.
The critical power solutions company is relocating from 7490 Bush Lake Road in Edina and will open its new facility in early 2026.
CBRE’s James DePietro and Matt Oelschlager represented the landlord and developer, Endeavor Development, in the lease negotiations. Jay O’Brien of Great Places Company represented HM Cragg.
Nexus at Opus Park is a redevelopment of the former American Family Insurance office campus. Demolition on the 14.4-acre site is scheduled to begin in March 2025, with both buildings expected to be delivered in Q4 2025.
The site is located in the mixed-use Opus Park, near the intersection of highways 169, 62 and Shady Oak Road. Additionally, it’s within walking distance to the newly built Southwest Light Rail Opus Transit Station, Shady Oak Retail Center and 6 miles of recently upgraded lit walking trails.
