MAPLE GROVE, MN-Carl Zeiss IMT Corp. has agreed to lease 90,000 sf in a new development on a site owned by Lutheran Brotherhood. Bloomington, MN-based United Properties is managing the development and leasing of the project, which is located on the northwest corner of Interstate 494 and Bass Lake Road.

The new building will consist of 108,000 sf of office showroom and industrial space on a seven-acre site. Carl Zeiss, which is based in Germany, will relocate operations and 150 employees from its Industrial Measuring Technology division, which is now located in a Brooklyn Park building also owned by LutheranBrotherhood, located at Boone Avenue and Interstate 494. Construction is expected to be completed by fall.

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