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JLL Lines Up Loan for UnitedHealth’s Optum Campus
JLL Capital Markets arranged a $26.6-million acquisition loan for UnitedHealth Group’s Optum Campus, a 473,325-square-foot, fully leased office campus at 13625 & 13675 Technology Dr. in Eden Prairie, MN.
The JLL team representing the borrower, Austin-based Virtus Real Estate Capital, included Doug Opalka, Chris McColpin and Alastair Barnes. The team worked on behalf of Virtus to place the 10-year, full-term, fixed-rate loan from a CMBS lender.
Completed in 2001, the mid-rise office complex comprises three buildings that are NNN leased to Optum, a UnitedHealth Group family of businesses. Situated less than 20 miles southwest of downtown Minneapolis, the suburban office property is located near the intersection of Interstate 494 and U.S. Highway 212, allowing for ease of access throughout the metro area.
Also, in one of the Twin Cities’ largest suburbs, Optum’s campus is conveniently located to offer centralized care for the community.
For comments, questions or concerns, please contact Paul Bubny
- ◦Financing
- ◦Sale/Acquisition
