{"id":1004179460,"date":"2017-06-07T07:45:03","date_gmt":"2017-06-07T15:45:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004179460"},"modified":"2022-12-06T22:23:00","modified_gmt":"2022-12-07T06:23:00","slug":"prime-therapeutics-starts-construction-on-400-ksf-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/prime-therapeutics-starts-construction-on-400-ksf-facility\/","title":{"rendered":"Prime Therapeutics Starts Construction of 400 KSF Facility"},"content":{"rendered":"<p>By Adina Marcut<\/p>\n<div id=\"attachment_1004179462\" style=\"width: 245px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Jim-DuCharme.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004179462\" data-attachment-id=\"1004179462\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/prime-therapeutics-starts-construction-on-400-ksf-facility\/jim-ducharme-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Jim-DuCharme.jpg\" data-orig-size=\"600,765\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Jim DuCharme\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Jim-DuCharme.jpg?w=600\" class=\"wp-image-1004179462 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Jim-DuCharme.jpg\" alt=\"Jim DuCharme, Prime's president &amp; CEO\" width=\"235\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Jim-DuCharme.jpg 600w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Jim-DuCharme.jpg?resize=235,300 235w\" sizes=\"auto, (max-width: 235px) 100vw, 235px\" \/><\/a><p id=\"caption-attachment-1004179462\" class=\"wp-caption-text\">Jim DuCharme, Prime&#8217;s president &amp; CEO<\/p><\/div>\n<p>Prime Therapeutics LLC, a pharmacy benefit manager, broke ground on a 400,000-square-foot facility located in Eagan, Minn. It will be built\u00a0in two phases, with the first one to be completed in late 2018 and the second in early 2020.<\/p>\n<p>Located in an office park south of Interstate 494 and east of Dodd Road, the property will house Prime\u2019s IT and operations teams. Situated adjacent to the new Minnesota Vikings corporate headquarters, the facility will be large enough to accommodate the company\u2019s staff from four existing locations.<\/p>\n<p><em>\u201cThis has been an exciting year of growth for Prime as we entered into a strategic alliance with Walgreens and landed some major clients that next year will add nearly 7 million lives to the 20 million people we already serve.\u201d <\/em>Jim DuCharme, Prime&#8217;S president &amp; CEO, said in a prepared statement. <em>\u201cThe timing is perfect for us to be consolidating our operations and IT teams as it will generate efficiencies and financial savings for our company and our clients for years to come.\u201d\u00a0<\/em><\/p>\n<p>Common amenities will include an open office environment with conference and meeting space options, an auditorium that can accommodate more than 300 people, a fitness center, an outdoor patio and a terrace.<\/p>\n<p><em>\u201cThis 400,000-square-foot office building is one of the largest office projects currently being built in the Twin Cities area and is shaping up nicely,\u201d<\/em>\u00a0Gordy Stofer, vice president of office development for project developer United Properties, said in prepared remarks.<\/p>\n<p>Prime employs more than 3,600 employees, of which more than 2,000 are in Minnesota. The company will hold on to its Bloomington, Minn., office. Last month, developers United Properties and Principal Real Estate Investors sold\u00a0<a href=\"https:\/\/www.commercialsearch.com\/news\/capri-egm-nabs-comcast-denver-hq\/\">an office property<\/a> in suburban Denver to Capri EGM for an undisclosed amount.\u00a0<\/p>\n<p><em>Image via Linkedin<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company\u2019s new facility will accommodate staff from four existing locations. This project is one of the largest office projects currently being built in the Twin Cities area. <\/p>\n","protected":false},"author":436,"featured_media":1004179462,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,13,36076,21752,21742],"tags":[35997,35996,35829],"class_list":["post-1004179460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-midwest","category-minneapolis-st-paul","category-mixed-use","category-latest","tag-jim-ducharme","tag-prime-therapeutics","tag-united-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Prime Therapeutics Starts Construction of 400 KSF Facility - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/prime-therapeutics-starts-construction-on-400-ksf-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prime Therapeutics Starts Construction of 400 KSF Facility\" \/>\n<meta property=\"og:description\" content=\"The company\u2019s new facility will accommodate staff from four existing locations. 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