St. Paul: Degree of Honor Building, Seventh Place Apartments will not go on market at this time [Yahoo! Finance]
Marcus & Millichap, Inc. (MMI)
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Source: Yahoo! Finance
Degree of Honor Building on Cedar Street and Seventh Place Apartments — will not be listed for sale, at least not in the immediate future. All three buildings are largely residential, multi-family apartment structures. “Right now the decision is not to market those,” said Abe Roberts, a senior vice president with Marcus and Millichap, the Minneapolis firm acting as the broker for the former Lowry hotel at Fourth and Wabasha. Madison Equities, believed to be the largest property owner in downtown St. Paul, has advertised the majority of its downtown holding s following the death in January of longtime company principal Jim Crockarell . His widow, Rosemary Kortgard, has declined public comment on the decision. Constructed in 1905, the 11-story Lowry Apartments was listed for sale separately this week from 10 Madison Equities commercial properties that went on the market a week ago. Those commercial properties, which include six downtown office buildings, two parking ramps, the
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- 9/17/24 - Form 4
- 9/17/24 - Form 4
- MMI's page on the SEC website