- Associated Press - Tuesday, October 9, 2018

SPRINGFIELD, Ore. (AP) - PacificSource has finalized its purchase of Symantec’s Springfield campus, paying more than $26 million for the tech firm’s large property.

The Register Guard reports the Springfield health insurer announced in August its plan to buy Symantec’s 400,000-square-foot complex, but declined to disclose the sale price.

A deed filed in Lane County last week shows PacificSource paid Symantec $26.25 million to take ownership of one of the county’s largest industrial campuses.

PacificSource plans to consolidate about 500 employees now working at two separate Lane County locations into half of the Symantec property in mid- to late 2019, Chief Operating Officer Erick Doolen said.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide