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Blue Cross selling OKC building, leasing space

Blue Cross and Blue Shield of Oklahoma said its present building, which it has owned since 1985, is too big for its needs and requires work. The six-story, 80,000-square-foot building was constructed in 1977.
by Richard Mize Published: September 13, 2013
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Blue Cross and Blue Shield of Oklahoma said Thursday that it plans to relocate its Oklahoma City office to the IBC Bank Center, 3817 Northwest Expressway, and sell its present building.

Blue Cross said it is leasing 49,000 square feet of space and will move some 140 employees from its present location, which it owns, at 3401 NW 63. The move is planned for the weekend of Nov. 8 with the first day in the new office scheduled for Nov. 11.

Chicago-based Group Health Service of Oklahoma Inc., Blue Cross's corporate name, has its six-story, 80,000-square-foot building under a sale contract. The building was constructed in 1977. Blue Cross has owned it since 1985.

“The current Oklahoma City building is larger than needed and in need of capital improvements,” said Ted Haynes, president of Blue Cross. “This relocation to the IBC Center will enable us to right-size our facility, while allowing employees to better collaborate in a cross-functional workspace.”

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by Richard Mize
Real Estate Editor
Real estate editor Richard Mize has edited The Oklahoman's weekly residential real estate section and covered housing, commercial real estate, construction, development, finance and related business since 1999. From 1989 to 1999, he worked...
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