CRE W Minnesota

Wells Fargo Place in Minnesota now being marketed for sale

Wells-Fargo-Place-Exterior-1

The office tower is centrally located in the St. Paul business district and has historically maintained a high level of occupancy with a strong tenant mix. Built in 1987, the property has been owned by an affiliate of Unilev Capital Corporation since 2006.

Cushman & Wakefield/NorthMarq has been selected to market Wells Fargo Place, a 37-story, 656,000 sq. ft. landmark Class A office asset in St. Paul, Minnesota.

The office tower is centrally located in the St. Paul business district and has historically maintained a high level of occupancy with a strong tenant mix. Built in 1987, the property has been owned by an affiliate of Unilev Capital Corporation since 2006.

Key current tenants include AgriBank, Minnesota State Colleges & Universities, Wells Fargo, the Internal Revenue Service and Larson King.

Terry Kingston, executive director-Cushman & Wakefield/NorthMarq’s Capital Markets Group is being assisted in marketing the asset by Tom O’Brien, Scott Pollock and Avery Ticer of the Cushman & Wakefield/NorthMarq Capital Markets team. Currently, Eric King, senior director, and Rob Davis, senior associate, Cushman & Wakefield/NorthMarq, lease the asset.