A Sioux Falls, S.D., developer purchased the Pioneer Press headquarters building for $3.5 million and plans to redevelop it into 150 to 168 apartments.
A South Dakota developer who has three Rochester apartment complexes in the works is expanding into the less expensive market of St. Paul by buying the Pioneer Press building.
The Pioneer Press on Friday sold its downtown St. Paul headquarters to a South Dakota real estate developer who plans to convert the building into an apartment complex.