3 things to know about sale of 156-acre 3M campus in Northwest Austin

3M Co. has agreed to sell its 156-acre campus in far Northwest Austin to a local real estate investor and now plans to shift hundreds of employees to a new site about 15 miles away.

Here are some of the interesting aspects of the move:

  • 3M (NYSE: MMM) will move its Austin regional operations — about 800 people in positions such as research and development, marketing and supply chain operations — to a new 272,000-square-foot office building, dubbed “Parmer 3.3,” in the Parmer business park in Northeast Austin in the first quarter of 2019. 

Click to read more at Austin Business Journal.