Minneapolis · Commercial sale

Tempus Excelsior Crossings buys 6 parcels in Hopkins for $66 million

A group of 6 parcels including 9350 Excelsior Blvd, Hopkins sold for $66,000,000 on September 18, 2026. See the seller and buyer net sheets for this sale.

Aerial view of 9350 Excelsior Blvd, Hopkins with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Hennepin County Assessor. The photo can predate the sale.
Sale price
$66,000,000
Sold
September 18, 2026
Property type
Group of 6 parcels

A group of 6 parcels including 9350 Excelsior Blvd in Hopkins sold for $66,000,000 on September 18, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue. The sale price represents a significant drop from the most recent earlier sale on record of $82,500,000 in 2022.

BOF II MN Excelsior Crossings LLC sold the property to Tempus Excelsior Crossings, LLC.

What this sale costs to close

What does closing cost at this price? Under Hennepin County custom the seller's larger charges are $224,400 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $116,475 for the owner's title insurance policy. The seller's estimated net is $65,139,540 before brokerage commissions and any loan payoff. A cash buyer would need about $65,481,306 at closing.

Customize this net sheet

9350 Excelsior Blvd, Hopkins, MN.

Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1923364. Property details: Hennepin County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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