New life at vacant space in St. Paul
A trio of businesses are slated to move into vacant retail space in the Lawson Commons building in downtown St. Paul. The spot was previously home to two restaurants, Fhima’s and Pop!, which both closed.
View ArticleSt. Paul office vacancy climbs, tenants trim space
The 2011 Market Report from the Greater St. Paul Building Owners & Managers Association shows a year with no big deals or big departures in downtown St. Paul. But the market is feeling the pain of...
View ArticleNew tenants announced for Lawson Commons
DMC LLC, a subsidiary of Duluth Metals, has opened its new corporate headquarters in St. Paul’s Lawson Commons building, according to Bloomington-based Frauenshuh Commercial Real Estate.
View ArticleLawson Software said to seek $3.65 billion in merger loans
Lawson Software Inc., the provider of business software being merged with Golden Gate Capital Corp.’s Infor Global Solutions, is seeking $3.65 billion in loans to finance the combination, according to...
View ArticleSmall deals, signs of life in St. Paul office market
Lawson Commons and 180 East Fifth land new tenants, but the vacancy rate remains high.
View ArticleOffice market stagnant in downtown St. Paul
An annual market report released Monday showed an office vacancy rate for multitenant office space in St. Paul that’s slightly worse than it was last year.
View ArticleWill St. Paul forgo forgivable loans? Deal to keep Macy’s store revisited
Macy’s is getting to pocket $6.3 million of St. Paul’s money as it closes shop in the city’s downtown. But even though he voted as a councilman in 2001 to give the so-called “forgivable loan,” Mayor...
View ArticleWill Infor stay or will it go? (update)
The wisdom of St. Paul’s past economic development decisions could be called further into question now that New York City-based Infor has acknowledged that it is looking at alternatives to the 260,000...
View ArticleBOMA: Green Line LRT may boost office market
The Building Owners & Managers Association of St. Paul thinks the $957 million Green Line Light Rail Transit project will be a game-changer next year when it starts offering a link between the...
View ArticleGreen Tree opts for Lowertown
Green Tree Servicing will unite its 800 downtown St. Paul employees in newly leased Lowertown office space beginning next year, ending runs in two other downtown St. Paul office towers.
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