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Opus Acquires Former Target Minneapolis Campus, Plans Redev

Minneapolis-based The Opus Group acquired the former 310,000-square-foot Target Corp. west corporate campus in Minneapolis, located along the Interstate 394 corridor. Opus envisions converting the single-use office building into multi-tenant office space, and updating the common areas throughout.

Opus Development Company, L.L.C.’s Phil Cattanach says, “We’re excited to transform this iconic building and create a new offering in the dynamic I-394 office submarket. This unique development will meet the demand for premier office space in the submarket.”

The six-month conversion to a multi-tenant office development will also involve modernizing and adding additional amenities for tenants. That includes opening up the western side of the building to offer unobstructed views of the Minneapolis skyline; a new cafeteria with indoor and outdoor seating; and a rooftop amenities deck. The amenity deck will include a clubhouse with a bar, entertainment space, pool table and conference room for tenants’ use. The improvements will be completed by spring 2019.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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