Endeavor Development and HM Cragg Announce 92,224-SF Lease at Nexus at Opus Park in Eden Prairie, Minnesota

Endeavor Development, and HM Cragg, a provider of quality backup power solutions, announced today 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. The critical power solutions company is relocating from 7490 Bush Lake Road in Edina and will open its new facility in early 2026.

“We are excited to welcome HM Cragg as our first tenant at Nexus at Opus Park and appreciate their shared vision of how the transformation of this vacant office campus into a modern business park can serve as a platform for their future growth,” said Josh Budish, Principal of Endeavor. “We look forward to serving them and their long-term tenancy.”

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.

“HM Cragg is looking forward to partnering with Endeavor Development as a tenant at Nexus at Opus Park,” said Tony Wand, President and CEO at HM Cragg. “We’re excited about the prospect of a new facility that will best meet our current needs, as well as provide us with the necessary room for our long-term growth objectives. In addition to the facility itself, the location and local amenities are very desirable and will serve as an asset for our employee-owners.”

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.

“Endeavor has distinguished itself by developing unique, highly sought-after infill sites, of which Nexus at Opus Park is a prime example,” said DePietro. “Additionally, Nexus’s location at the intersection of Eden Prairie, Minnetonka and Edina provides convenient access to the Minneapolis–Saint Paul International Airport and nearby executive housing. While building 1 is fully leased, building 2, which offers 82,006 square feet of 28-foot clear height, Class A industrial space, a rare opportunity in the Golden Triangle submarket, is currently still available.”