A regional real estate firm bought a 180,000 square foot property in Eden Prairie’s Golden Triangle in late December and plans to develop the area in anticipation of changes brought by the Southwest Light Rail Transit line, according to the company’s vice president.

Hempel Real Estate, which owns and operates office and retail property in Minnesota and Milwaukee, finalized its purchase of the Crosstown Preserve office building at 10050 Crosstown Circle on Dec. 18, Hempel’s vice president Ben Krsnak told Eden Prairie News. Hempel also bought the site of a closed restaurant at 6534 Flying Cloud Drive and a parking lot, which are adjacent to the Crosstown Preserve building, a news release from Hempel says.