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Tempus Realty Partners Acquires 546,548 SF Office Property in Minnesota for $66M
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Tempus Realty Partners Acquires 546,548 SF Office Property in Minnesota for $66M
HOPKINS, MINN. — Tempus Realty Partners, an Arkansas-based real estate investment firm, has acquired Excelsior Crossings, a two-building office property totaling 546,548 square feet in Hopkins. The purchase price was $66 million. The campus is 98 percent leased and sits in the I-394 corridor. U.S. Bank fully occupies one building, accounting for 54 percent of the property’s square footage. The second building is home to Element Fleet Management …
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