A new tenant could move into UnitedHealth Group's corporate headquarters, the Minneapolis/St. Paul Business Journal reported March 21.
The 20-acre campus in Minnetonka, Minn., has been the company's headquarters since 1998. The company indicated it would not renew its lease agreement, which runs through 2024.
In a statement to the Minneapolis/St. Paul Business Journal, a UnitedHealth Group spokesperson said Minnesota remains the company's home.
UnitedHealth is "continuing to evaluate the best arrangement for our employees who choose to come to an office space to work," the spokesperson said.
The company has left several office properties, and purchased others, as work shifts to hybrid and remote models. In October 2022, the company had at least 780,000 square feet of office space up for lease in Minnesota.
In December 2022, UnitedHealth purchased an 8,500-square-foot property near its existing campus.