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National  + Minnesota  + Office  | 

Artis REIT to Buy Prime Therapeutics’ New Minnesota HQ for $100M

Canada’s Artis REIT is acquiring an under-construction HQ for Prime Therapeutics in Eagan, MN from developer United Properties for $98.5 million. The campus at 2900 Ames Crossing Rd., is part of a two-building project 10 miles south of St. Paul.

The initial 225,000-square-foot office building is slated to deliver this month, with a second 160,000-square-foot phase anticipated to be completed by September 2019. The two buildings, which will be connected by a hub, will house Prime Therapeutics information technology and operations groups.

The new 30-acre facility allows the company to consolidate four Twin Cities offices, including two in Eagan, and two others in Mendota Heights and Edina. Another office in Bloomington will remain in operation.


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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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