St. Paul First National Bank building owner selling entire downtown portfolio

Downtown St. Paul's largest property owner is seeking a single buyer to purchase its six office buildings, two parking ramps and a nearby restaurant, a transaction with potential to transform the capital city's central business district. Madison Equities is marketing 1.6 million square feet of office space in some of St. Paul's most recognizable high-rises, including the historic First National Bank Building. The company's owner and longtime driving force, Jim Crockarell, died in January, leaving the properties to his wife, Rosemary Kortgard. "I have not talked to anybody that has...