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United Properties Plans HQ Move for Danish Firm

MINNEAPOLIS, MN-United Properties will develop a real estate plan that will allow Coloplast to consolidate its three US operations.

By Bonnie Grota | Updated on July 06, 2006

MINNEAPOLIS, MN-United Properties Corporate Solutions has been selected by Denmark-based healthcare products company Coloplast to provide real estate strategy, planning and management services for the relocation of the firm’s North American headquarters to Minnesota.United Properties will develop a real estate plan that will allow Coloplast to consolidate its three US operations following the company’s recent acquisition of locally based Mentor. The acquisition of Mentor’s Urology Division added about 330 employees.

It is anticipated that at least 300 corporate headquarters jobs are to move from Marietta, GA, to a new corporate campus on West River Road in North Minneapolis. The move, beginning with about 200 jobs in September, will enable the Coloplast to double the size of its facilities to 500,000 sf for office, research and development and production activities. The move was announced Thursday by Coloplast CEO Sten Scheibye and Minnesota Gov. Tim Pawlenty. As the owners’ representative for the real estate expansion needs of Coloplast, United Properties will oversee the project to design new facilities, assemble additional property, obtain governmental approvals and construct any additional facilities required by Coloplast. RSP Architects has been selected as architect for the project. Other project team members will be selected during the next several months.

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