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Iconic 1st National Bank Building in downtown St. Paul has a new owner

The historic 662,000-square-foot tower, known for its neon 1st sign, was sold to a New York City investment group for a little more than $19.8 million. The Business Journal notes Houston-based Fairfield Financial Group bought the First National Bank Building in January 2007 for $27.1 million.
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The historic 662,000-square-foot tower, known for its neon 1st sign, was sold to a New York City investment group for a little more than $19.8 million. The Business Journal notes Houston-based Fairfield Financial Group bought the First National Bank Building in January 2007 for $27.1 million.

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