BCBS Minnesota vacating 443K-square-foot headquarters

Blue Cross and Blue Shield of Minnesota is the latest payer cutting back on office space, planning to vacate its headquarters in Eagan, Minn., the StarTribune reported March 24. 

A spokesperson for the payer told the newspaper its office space "experienced low utilization and occupation" since switching to a hybrid work model. 

The insurer previously sold two office buildings behind its 443,000-square-foot headquarters. BCBS Minnesota does not own the building housing its headquarters, which it sold to a real estate investment company in 2012. 

UnitedHealth Group also intends to vacate its 20-acre corporate headquarters in Minnetonka, Minn. In October 2022, the company had at least 780,000 square feet of office space up for lease in Minnesota. 

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