CBRE announced today that the firm has been retained to market the historic 180 E. Fifth Street building, totaling 670,000-square-feet. Senior Vice President Mike Wilhelm and Senior Associate Chris Gliedman of CBRE are the exclusive listing agents for the property, owned by New York City-based Gamma Real Estate.“As an institutional owner, we are excited to have the historic 180 East Fifth building as our first asset in the St. Paul market,” said Gamma Real Estate. “We believe that the big floor plans in the building, along with the historic architecture make this a unique opportunity for a wide variety of potential users.”
Located in the heart of the Lowertown area, the 14-story building was built in 1916 by Great Northern Railway magnate James J. Hill and offers 670,000-square-feet of commercial and office space. The building was designed by Charles S. Frost, the designer of the nearby Union Depot, to accommodate the offices of the Great Northern, the Northern Pacific Railroad and the First National Bank. Located near Mears Park and CHS Field, it is home to the two-story, 500-person capacity Great Hall banquet center and the 267-seat Jerome Hill Theater.
