JLL Capital Markets has arranged the $26.6 million acquisition loan for UnitedHealth Group’s Optum Campus, a 473,325-square-foot fully leased office campus at 13625 and 13675 Technology Drive in Eden Prairie, Minnesota.
JLL worked on behalf of the borrower, Austin-based Virtus Real Estate Capital, to place the 10-year, full-term, fixed-rate loan from a CMBS lender.
Completed in 2001, the mid-rise office complex is made up of three buildings that are NNN leased to Optum, a UnitedHealth Group family of businesses. The office campus includes amenities such as a cafeteria, fitness center, covered parking, auditorium and impressive glass lines.
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.
The JLL Capital Markets team representing the borrower was led by Senior Managing Director Doug Opalka, Senior Director Chris McColpin and Analyst Alastair Barnes.