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Ryan Cos., Thomson Reuters Ink Purchase, Sale Deal for 180 Acres in MN

Ryan Companies US, Inc. has entered into a purchase and sale agreement with Thomson Reuters. The agreement is for 179 acres of the company’s 263-acre campus in Eagan, which includes a 1,100,000-square-foot office building, three data centers totaling 333,912 square feet and 90 acres of undeveloped land.

“Having access to nearly 180 acres within a major metropolitan area is rare, and we believe there is tremendous potential in redeveloping this site to bring new jobs and opportunities to the City of Eagan,” said Tony Barranco, North region president of Ryan Companies.

Located just south of the Interstate 494 and Interstate 35E interchange, the site features accessibility and proximity to the Minneapolis-St. Paul International Airport as well as downtown Minneapolis and St. Paul.

Thomson Reuters’ Minneapolis-St. Paul-based office location will remain in Eagan but will relocate to a new site. The company’s print manufacturing facility will continue operating at its current location.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.