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United Establishes HQ in Piper Jaffray Plaza

ST. PAUL, MN-With two million sf already under management or representation, United sees the east metropolitan area as a good growth opportunity. It is moving from Bloomington to 227,717-sf in US Bancorp Piper Jaffray Plaza.

By Jim McCartney | Updated on June 26, 2001

ST. PAUL, MN-After recently taking over asset management, property management and leasing responsibilities for US Bancorp Piper Jaffray Plaza in Downtown, United Properties now has decided to move its east metro headquarters office there as well. The Bloomington-based commercial real estate company thinks the move, which will consolidate its operations and nine of its brokers in one location, will solidifyits presence in Downtown St. Paul.

Located at 444 Cedar St., the 227,717-sf class A office tower is part of a mixed-use project that includes the 500-car Town Square parking ramp, Town Square retail, NCL Office Tower and the Radisson Inn Hotel. Amenities such as restaurants, health clubs, conference facilities, high-speed telecommunications and parking are all available at or near the building.

The Plaza is about 93%-leased, according to Andy Sundgaard, a United official. Major tenants include engineering firms, law firms and service organizations.

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