Recent News

EAGAN, MINN. – Feb. 16, 2017 – Prime Therapeutics LLC (Prime), a pharmacy benefit manager (PBM) serving 17 Blue Cross and Blue Shield plans – including Blue Cross and Blue Shield of Minnesota – signed a lease with real estate developer United Properties, to build a new facility in Eagan. This facility will consolidate its two Eagan offices plus its Edina and Mendota Heights offices.

MINNEAPOLIS (Jan. 30, 2017) – United Properties announced today that Eric Skalland, vice president and chief accounting officer, has been promoted to executive vice president and chief financial officer, effective Jan. 1, 2017.

MINNEAPOLIS (December 8, 2016) – United Properties will move its headquarters from Bloomington to its new location at 7th & Nic. in downtown Minneapolis, the company announced today.

PLYMOUTH, Minn. (November 2016) – Cherrywood Pointe of Plymouth, a new 130,000-square-foot senior living community located at 18405 Old Rockford Rd. in Plymouth, Minn. has broken ground.

MINNEAPOLIS (Nov. 7, 2016) – United Properties announced today that Bruce McGrath has joined United Properties as the company’s chief risk officer, effective Nov. 1, 2016.

MINNEAPOLIS (August 22, 2016) – United Properties has signed a 402,000-sq.-ft. lease with Distribution Alternatives, Inc. for an industrial build-to-suit facility on a 30-acre site near the intersection of Interstate 35E and County Road 14 in Lino Lakes, Minnesota. Distribution Alternatives, a third party logistics firm based in Lino Lakes, plans to move into the new building in fall 2017. Site work commenced last week.

MINNEAPOLIS (August 22, 2016) – United Properties has signed a 402,000-sq.-ft. lease with Distribution Alternatives, Inc. for an industrial build-to-suit facility on a 30-acre site near the intersection of Interstate 35E and County Road 14 in Lino Lakes, Minnesota. Distribution Alternatives, a third party logistics firm based in Lino Lakes, plans to move into the new building in fall 2017. Site work commenced last week.

Balfour Senior Living, based in Louisville, Colo., and United Properties, with offices in Minnesota and Denver, have announced a new partnership to develop and own a 74,000 sq. ft. senior living community at 8290 W. Coal Mine Ave. in Littleton, Colo.

DENVER (July 12, 2016) – United Properties announces that it has recently hired two new associates in its Denver office to support development activities. Alicia Rhymer was hired as vice president of retail development, and Megan Turner as a development associate.