Cable Giant’s Expansion to Bring Hundreds of New Jobs
SAINT PAUL, Minnesota – December 18th, 2015 – Cohen Equities announced today that anchor tenant Comcast Corp has expanded its lease at River Park Plaza to accommodate the hundreds of new jobs it intends to bring to its Saint Paul operations. Local executives signed up to reclaim the second floor, which it previously occupied, adding 50,400 square feet to its footprint. The new jobs will include additional customer service representatives and managers in Comcast’s existing call center. Comcast’s space is currently undergoing improvements which will be completed by early 2016. Peter Dufour and Eric Rapp of Colliers International represented Cohen Equities in the transaction.
Under the ownership of Cohen Equities, this eight-story building is now nearly 90% occupied. New tenants include Gillette Children’s Specialty Healthcare, which recently signed a lease for the entire sixth floor, and the St. Paul Pioneer Press, which moved in to the seventh floor last month.
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About Cohen Equities
Cohen Equities is a national real estate investment firm that pursues commercial assets that present an opportunity to add value in both secondary and gateway markets. The company has successfully invested in and improved more than 9 million square feet of real estate across the United States. Led by Meir Cohen, a real estate veteran with more than 30 years of experience, Cohen Equities creates significant value through active management, leasing and repositioning activities. For more about Cohen Equities, please visit cohenequities.com.