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INVESTMENT HIGHLIGHTS
- Highly Functional State of the Art R&D Building + Expansion Opportunities.
- Flexible PUD Zoning in Multi-family Development Hot Spot.
- 225,900 SF Institutionally Maintained Office/Warehouse/Lab/Tech Buildings.
- Excellent Minnetonka Location with Proximity to Amenities and Future LRT Access.
- Growth Orientated Area with Ongoing and Upcoming Neighborhood Development.
- Flexible Delivery: Short Term Market Sale/Leaseback or Delivered Vacant.
EXECUTIVE SUMMARY
CBRE is pleased to present the opportunity to acquire 10600/10700 Bren Road W, a former Fortune 500 Headquarters campus for Boston Scientific with lab, office and distribution space in Minnetonka, Minnesota. The campus includes 225,900 square feet of finished lab, office and warehouse space and sits on over 24 acres in one of Minneapolis-St. Paul’s most affluent and dynamic suburban submarkets. Boston Scientific has had a presence at the campus since its development in the 1980’s and redevelopment in 2013. 10700 Bren Road West is an excellent option for flex, office, or a redevelopment site that is adjacent to an under-construction, high frequency light rail station. The building features striking exterior finishes and extensive glass lines, mature landscaping, loading docks and drive-in options for ultimate versatility. Boston Scienti?c utilized its 225,900 square foot space primarily for medical device manufacturing. The campus contains approximately 50,000 square feet of clean room technology and production space. Adjacent support/tech and general office areas support campus operations. Boston Scientific (BSX, LT S&P rating A-), will consider leasing back the facility through June of 2026. All operations and occupancy will cease at the location in June of 2026. Closing can be delayed until this date, or Buyers may suggest lease-back terms for BSX’s consideration.
PROPERTY FACTS
AMENITIES
- Bio-Tech/ Lab Space
- Fitness Center
- Signage
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $7,519,000 | |
| Land Assessment | $6,491,000 | Total Assessment | $14,010,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$6,491,000
Improvements Assessment
$7,519,000
Total Assessment
$14,010,000
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10600 Bren Road W
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