Just Listed brings you the latest news and information from the Twin Cities-area commercial and residential real estate market and beyond from veteran reporters Jim Buchta and Janet Moore.

Bank buys two prime parcels in Maple Grove

Posted by: Janet Moore Updated: April 4, 2013 - 4:17 PM

Opus Development Group LLC has sold two prime acres of real estate in Maple Grove to Great Southern Bank.

Terms were not disclosed.

Missouri-based Great Southern Bank will build a new branch at 7680 Zachary Lane, part of the Fountains at Arbor Lakes development, a spot with easy access to Interstate 94.

Opus' Nick Murnane says, "We've seen new activity in 2012 into early 2013, and this sale is a great testament to the improving industry.The bank, meanwhile, also has branches in Roseville, Edina and Lakeville.

Janet Moore covers commercial real estate for the Star Tribune.

 

 

 

 

 

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