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State Farm Insurance campus

The smaller of two office buildings on the State Farm Insurance campus just south of 84th and O streets, known as the south building (in foreground), is up for lease.

One of the two buildings at State Farm Insurance's office campus in east Lincoln is up for lease.

The smaller of the two buildings at 222 S. 84th St. has been advertised for lease for several weeks.

According to a property listing, the 129,000-square-foot, two-story building is available for a 10-year sublease.

State Farm no longer owns the two buildings, having sold them, along with several others it owned in other cities, in 2013.

A State Farm spokesman said the building is not being vacated because of planned layoffs or transferring of employees.

"We're just moving employees from one building to another," said Benjamin Palmer, a public affairs specialist for State Farm.

Palmer said through reconfiguration of space, the insurer was able to fit all of its employees into the second, larger building on the Lincoln campus, which has about 220,000 square feet of space.

"We were able to kind of streamline," he said.

Despite Palmer's contention that the reduction in space needs is not linked to staff cuts, he did say that only about 900 people are now working in Lincoln, which is significantly lower than five years ago, when the company reported that it had more than 1,300 local employees.

State Farm has been consolidating its locations over the past several years. Over the past five years, it has opened new large locations in Atlanta, Dallas and Phoenix, and last year it announced plans to close 11 regional office locations.

The company announced earlier this year that it was moving nearly 400 positions from its home office in Bloomington, Illinois, to Atlanta, Dallas and Phoenix while also laying off several hundred other people. It also announced earlier this month that it will cut 136 jobs at an office in the St. Louis area.

Reach the writer at 402-473-2647 or molberding@journalstar.com.

On Twitter @LincolnBizBuzz.

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Business editor/reporter

Matt Olberding is a Lincoln native and University of Nebraska-Lincoln graduate who has been covering business for the Journal Star since 2005.

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