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Personnel Decisions Leases 150,000 SF With Minnesota Life

ST. PAUL, MN-The deal for 110,000 sf in the 400 Building and 40,000 sf in the Lafayette Building eases a growing glut of office space downtown, where a 630,000-sf building has opened and sublease space will be available.

By Jim McCartney | Updated on January 24, 2001

ST. PAUL, MN-Personnel Decisions Inc. said Wednesday it plans to lease 150,000 sf in two office buildings owned by Minnesota Life Insurance Co. in downtown St. Paul. The organizational consultant, now based in Minneapolis, plans to move 500 to 600 employees to downtown St. Paul by the end of this year.

The company expects its downtown work force to grow to about 700 employees by 2004. The deal calls for PDI to occupy 110,000 sf in the 400 Building on Robert Street and an additional 40,000 sf in the Lafayette Building, Minnesota Life’s operations center south of the river.

“We went from zero to full in one fell swoop,” said Dick Zehring, head of Welsh Cos.’ St. Paul office, who is the leasing agency for Minnesota Life’s 400 Robertand new 401 Robert buildings.

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