Bridge Investment Group Sells Twin Cities Office Park

Real estate investment firm Enverra Real Estate Partners has acquired West End Office Park, a four-building, 513,000-square-foot office park in St. Louis Park, Minn., approximately five miles outside of Minneapolis.

Bridge Investment Group sold the assets, according to Yardi Matrix, after six years of ownership. An acquisition price was not disclosed.

The portfolio comprises West End Three at 5354 Parkdale Drive, West End Four at 5353 Gamble Drive, West End Plaza at 1660 Highway 100 South and West End Center at 1665 Utica Ave. South. Enverra plans to invest $7 million across the park to enhance amenities and hospitality. These include common-area upgrades, new gathering areas, expanded fitness offerings and a market-leading spec suite program.

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When Bridge purchased the park in 2020, the company acquired a larger six-building portfolio from The Excelsior Group for $130 million, Finance & Commerce reported at the time. Portions of the portfolio have been sold separately. According to Hennepin County records, one asset, 5402 Parkdale Drive, was sold in April 2026 for $6.5 million.

Under Excelsior’s ownership, the campus underwent a $27 million renovation program to upgrade the 1960s and 1980s-era buildings.

Today, West End Office Park is approximately 90 percent leased with a tenant roster including HealthPartners, nVent and CoBank. The Shops at West End is across the street from the campus, with major retailers such as Costco and The Home Depot. The asset has access to Interstate 394 and Highway 100.

Enverra has tapped JLL Managing Director Brent Karkula to oversee leasing at the campus and Lincoln Property Co. to serve as property manager.

Twin Cities office market improves

During the second quarter of 2026, the Twin Cities metro recorded 329,000 square feet of office absorption, the strongest quarterly total since the second quarter of 2019, according to a Cushman & Wakefield MarketBeat report. The same report showed that tenants favored amenity-rich buildings in preferred locations. In the West submarket, vacancy stood at 20.4 percent, below the wider metro’s 27 percent.

Near West End Office Park, Real Capital Solutions purchased a 309,000-square-foot office building at 3701 Wayzata Blvd. from The Opus Group this past June. Real Capital Solutions paid $34 million for the property.

That same month, Frauenshuh received a $49.5 million loan for Infor Commons, a 436,478-square-foot office building in St. Paul, Minn., from Genworth Financial.