The property involved in this transaction is located at 3560 Blue Cross Road in Eagan, MN. It is an office asset spanning 16 acres with a total square footage of 66,000. The sale price for the property was $5,660,000, resulting in a price per square foot of $86.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $5,660,000
• Address: 3560 Blue Cross Road, Eagan, MN
• Square Footage: 66,000
• Price per Square Foot: $86
• Buyer: SYH Great Oaks Academy LLC
• Seller: Delta Dental of Minnesota
• Date of Sale: 02/25/2025

An entity linked to Great Oaks Academy acquired the property for the purpose of renovation to accommodate middle and high school students by the 2025-26 school year. The acquisition included the securing of up to $18 million in private activity bonds for the redevelopment project, with city approvals already in place.