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The largest private property owner in downtown St. Paul has put 10 of its office buildings up for sale, raising deep questions about the future of some of the city’s most storied commercial buildings, including some 1800s-era Lowertown structures neighboring Mears Park. Some civic leaders have expressed optimism that new owners could bring fresh vision, overdue upkeep and investment. However, ...
All 10 properties, most of them downtown office buildings, are available together through brokerage CBRE.
Madison Equities, believed to be the largest property owner in downtown St. Paul, has put its entire downtown portfolio up for sale, as well as the Handsome Hog restaurant on Selby Avenue. Spanning 1.6 million square feet, the 10 properties include six of the oldest and most prominent commercial buildings in the capital city, including the iconic First National Bank Building, the Alliance ...
CBRE is seeking all-cash offers for the entire portfolio, preferably from one buyer.