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.

Stencil Group of Sioux Falls, S.D., purchased the 162,000-square-foot property last week for an undisclosed sum. But the company’s chief executive, Nate Stencil, said the final sale wasn’t far off the asking price of $4.2 million.

The cost of lighting and heating your home is going up. Fortunately, you've never had more power to do something about it. Xcel Energy and MidAmerican Energy are both seeking permission from state regulators to increase the rates they charge Sioux Falls customers. Xcel Energy wants to raise its electricity rates by 8 percent, while MidAmerican is seeking an average 3.5 percent increase for natural gas customers.