Pioneer Press Sells Building, Plans Move Out of Downtown St. Paul

by: Kristen Leigh Painter | Star Tribune

The St. Paul Pioneer Press sold its downtown headquarters to an apartment developer and will move newspaper operations to River Park Plaza across the Mississippi River, according to the buyer.

 

Stencil Group of Sioux Falls, S.D., purchased the 162,000-square-foot property last week for an undisclosed sum. But the company’s chief executive, Nate Stencil, said the final sale wasn’t far off the asking price of $4.2 million.

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