Minneapolis – June 27, 2019 – A comprehensive renovation plan, as part of a new rebranding initiative, has recently been announced for The Great Northern Building, a 670,000-square-foot 14-story office building at 180 E. Fifth St., in St. Paul.
Renovation and rebranding planning began in 2019 shortly after Gamma Real Estate purchased the property, known as the 180 E. Fifth building at the time. Gamma Real Estate’s vision of the property is to dramatically upgrade the Great Hall, currently a two-story, 500-person capacity banquet center, into the central component of the building as a tenant lounge, third workplace environment and community center.
The CBRE Minneapolis-based team of Mike Wilhelm and Chris Gliedman represent Gamma Real Estate in marketing and leasing of the property.
“The scheduled renovations that are set to begin this year will greatly enhance The Great Northern Building’s already extensive best-in-class amenities,” said CBRE’s Wilhelm. “We have 390,000-square-feet of open vacancy, an amazing location in Lowertown, extensive upgrades to an already historic building and a revamped website happening with this rebranding initiative. With this work, Gamma Real Estate is creating a phenomenal workplace experience you won’t find anywhere else in the Twin Cities.”
Constructed in 1910, The Great Northern Building was originally built by Great Northern Railway entrepreneur James J. Hill and designed by Charles S. Frost, the designer of the nearby Union Depot. Located in the Lowertown area, the building houses several deli and coffee shops, the 267-seat Jerome Hill Theater and access to St. Paul’s Skyway system.
Renovation and rebranding planning began in 2019 shortly after Gamma Real Estate purchased the property, known as the 180 E. Fifth building at the time. Gamma Real Estate’s vision of the property is to dramatically upgrade the Great Hall, currently a two-story, 500-person capacity banquet center, into the central component of the building as a tenant lounge, third workplace environment and community center.
The CBRE Minneapolis-based team of Mike Wilhelm and Chris Gliedman represent Gamma Real Estate in marketing and leasing of the property.
“The scheduled renovations that are set to begin this year will greatly enhance The Great Northern Building’s already extensive best-in-class amenities,” said CBRE’s Wilhelm. “We have 390,000-square-feet of open vacancy, an amazing location in Lowertown, extensive upgrades to an already historic building and a revamped website happening with this rebranding initiative. With this work, Gamma Real Estate is creating a phenomenal workplace experience you won’t find anywhere else in the Twin Cities.”
Constructed in 1910, The Great Northern Building was originally built by Great Northern Railway entrepreneur James J. Hill and designed by Charles S. Frost, the designer of the nearby Union Depot. Located in the Lowertown area, the building houses several deli and coffee shops, the 267-seat Jerome Hill Theater and access to St. Paul’s Skyway system.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.