X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PLANO, TX-WellPoint Inc. has re-upped a full-building lease for 70,280 sf in American Drive Office Park. The Chicago-based tenant, marking its 10th year at the location, has inked a five-year renewal.

The publicly traded WellPoint, operating as UniCare Life & Health Insurance Co. since 1995, uses the class B office building at 3280 American Dr. as a call center and general office. The building is owned by Nashville-based Healthcare Property Investors Inc., which also owns the abutting Medical Center of Plano at 3901 W. 15th St. At one point, the hospital had shared the building with WellPoint.

The lease took four months to go full circle. Rhodes Baker, senior vice president for Dallas-based Lincoln Harris, the corporate services group of Lincoln Property Co., represented the building owner, who did provide a tenant-improvement allowance to spruce up the office space. Marti Nemer, senior vice president with Jones Lang LaSalle in Dallas, was the tenant’s representative.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.