{"id":1004113799,"date":"2015-02-19T06:58:11","date_gmt":"2015-02-19T14:58:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004113799"},"modified":"2022-12-04T14:54:32","modified_gmt":"2022-12-04T22:54:32","slug":"opus-carlson-collaborate-on-business-park-in-minneapolis","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/opus-carlson-collaborate-on-business-park-in-minneapolis\/","title":{"rendered":"Opus, Carlson Collaborate on Business Park in Minneapolis"},"content":{"rendered":"<p><i>By Scott Baltic, Contributing Editor<\/i><\/p>\n<div id=\"attachment_1004113802\" style=\"width: 160px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/02\/Phil-Cattanach.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004113802\" data-attachment-id=\"1004113802\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/opus-carlson-collaborate-on-business-park-in-minneapolis\/phil-cattanach\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/02\/Phil-Cattanach.jpg\" data-orig-size=\"448,258\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;1.2&quot;,&quot;credit&quot;:&quot;Brandon Stengel&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark III&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1371547753&quot;,&quot;copyright&quot;:&quot;Brandon Stengel&quot;,&quot;focal_length&quot;:&quot;85&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.00625&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Phil Cattanach\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Phil Cattanach&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/02\/Phil-Cattanach.jpg?w=448\" class=\"size-thumbnail wp-image-1004113802\" alt=\"Phil Cattanach\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/02\/Phil-Cattanach.jpg\" width=\"150\" height=\"150\" \/><\/a><p id=\"caption-attachment-1004113802\" class=\"wp-caption-text\">Phil Cattanach, Opus Development Co.<\/p><\/div>\n<p>The Opus Group has inked an agreement with Carlson Real Estate Co. to build out 35 acres, or roughly two-thirds, of Carlson\u2019s The Oaks Business Park at the northeast corner of I-94 and I-694 in Oakdale, Minn., Opus announced Wednesday.<\/p>\n<p>Opus will be the park\u2019s developer and design-builder and will collaborate with Carlson on acquisition and development of the 35 undeveloped acres in the 55-acre park, Phil Cattanach, senior manager\/real estate development, Opus Development Co., L.L.C., told <i>Commercial Property Executive<\/i>.<\/p>\n<p>The Oaks currently is home to about 100,000 square feet of flex tech space, 60,000 square feet of single-story office space and four office suite buildings totaling 36,000 square feet, Cattanach said. The remaining 35 acres is development-ready with infrastructure in place.<\/p>\n<p>The planned approximately 450,000-square-foot buildout of office and flex space reportedly could accommodate 30,000-square-foot users up to 150,000-square-foot multi-story office users. The park offers a range of development sites, from those with freeway visibility to more secluded sites overlooking natural wetlands and water features.<\/p>\n<p>The project\u2019s cost is not being disclosed, nor has a timeline for development been announced yet.<\/p>\n<p>Opus Development Co., L.L.C. has retained Cushman &amp; Wakefield\/Northmarq to market the site.<\/p>\n<p>\u201cThe proximity to the Woodbury retail amenities, coupled with unparalleled visibility from the freeway, distinguishes this site as one of the last remaining freeway-frontage developments of this density in the metropolitan area,\u201d Pete Carlson, senior vice president of Opus Development Co., L.L.C., said in a release<\/p>\n<p>More than 1.2 million square feet of retail sits within a two-mile radius of the site: Oakdale Village Shopping Center (150,000 square feet), Tamarack Village (790,000 square feet) and Woodbury Lakes Lifestyle Center (330,000 square feet).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Opus Group has inked an agreement with Carlson Real Estate Co. to build out 35 acres.<\/p>\n","protected":false},"author":882,"featured_media":1004113802,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21742,10,21747],"tags":[],"class_list":["post-1004113799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-latest","category-northeast","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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