Buhl Investors Acquires 200000 SF Office Building In Edina From Opus For $15.45M

The asset involved in the transaction is an office building located at 5901 Lincoln Drive in Edina, MN. The sale occurred on April 29, 2025, with a transaction amount of $15,450,000. The office building spans 200,000 square feet and was sold at a price per square foot of $77. The property has a total area of 17 acres.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $15,450,000
• Sale Date: April 29, 2025
• Buyer: Peter Deanovic - Buhl Investors
• Seller: Opus
• Square Footage: 200,000 SF
• Price per Square Foot: $77
• Acres: 17

Buhl Investors acquired the property, which is currently leased to Children’s Minnesota, marking their second purchase for a new income fund. The seller, Opus, had previously redeveloped part of the 17-acre site into a 246-unit multifamily project.