A commercial building in northeast Rochester recently sold for $535,000.
On Jan. 30, Pensco Trust Co. of Denver bought the 4,680-square-foot former Stifel, Nicolaus & Co. building at 305 Alliance Place. The empty building is north of 37th Street Northeast and East River Road N.E.
The former tenant, Stifel, Nicolaus, now operates an office in downtown Rochester.
Pensco, a financial investment firm, purchased the 13-year-old building from Helen Properties Co. of Rochester. Helen Properties bought it for $715,000 in 2003.
It's unclear what Pensco plans to do with the Rochester building. Calls to the corporate office for comment were not returned.
Chatter in the Med City business community is that a media firm is seriously looking at the site. However, there's no firm answer either way to confirm or dispel that rumor, so stayed tuned to find out what happens next.
Here's a quick follow-up to yesterday's announcement about Tracy Dixon leaving Rochester's 102.5 The Fox radio morning show.
Two of the Med City's most well-known radio voices - Julie Jones and Dave Berg - are switching things up. I'll have this in my column tomorrow.
This is a note from Craig Erpestad, Clear Channel's operations manager in Rochester:
102.5 The Fox, KMFX radio would like to announce that longtime morning air personality Tracy Dixon is accepting the morning drive position at WMAD in Madison Wisconsin!
Julie Jones who currently is on 102.5 The Fox in the afternoon drive slot will be taking over the morning show beginning Aug. 8.
Julie is one of the most well known radio personalities in the Rochester Radio market and we are very excited to promote her to be the morning show host.
Dave Berg, who currently hosts the midday show will be moving to the afternoon drive. Dave is not only a very well known air talent, he is also extremely involved in the community as our public service director.
Since I haven't posted an update pic of the construction of this project recently, I thought this story was a good excuse to to do that as well getting a photo of the crane that show some perspective of what these urban mountain climbers were clambering up in the dark.
The life of the 54,000-square-foot building at 1200 16th St. S.W. in Rochester
• 1986 - Twin Cities-based Nash Fitch buys land to build a new Econofoods grocery store.
• September 1988 - Econofoods store opens.
• May 2004 - Nash Finch Co. closed the Econofoods store as well as many others in the state and U.S. during the company's reorganization.
• January 2005 - Developer Kriss Novak of Minnetonka, Minn. announced plans to renovate the former grocery store and re-brand it as Apache Shoppes. He also announced that Linens 'n Things and Cost Plus World Market were going to open stores there.
• August 2005 - Cost Plus World Market opens its new 18,000-square-foot store.
• September 2005 - Linens 'n Things opens its new 27,000-square-foot store.
• December 2006 - Apache Shoppes, including the Cost Plus and Linens 'n Things building and a nearby newly built commercial strip, was, sold to Inland Real Estate Corp. of Oak Brook, Ill. for $12.3 million.
• May 2008 - Linens 'n Things closes its store.
• January 2009 - Cost Plus World Market closes its store.
• December 2009 - Chuck E. Cheese's announces plans to open in the former Cost Plus World Market space.
• May 2010 - Chuck E. Cheese's deals falls through.Trader Joe's announces plans to open a grocery store in the space Chuck E. Cheese's had planned on using.
• July 2010 - Chuck E. Cheese's says it is coming to Rochester and will be next to Trader Joe's in the ex-Linens-N-Things store.
In what is becoming an annual event, I'm turning to the opinionated and insightful readers of this blog for some feedback on the Post-Bulletin and our Web site.
And I'm tossing in a couple bonus questions this time.
• Do you read the print edition? Why or why not? • What do you like about the newspaper?
• What don't you like?
• Do you read postbulletin.com? When and where do you read it?
• What do you like or dislike about the Web site?
• Do you get more out of the newspaper this year than you did last year? How about postbulletin.com?
• Would you recommend the Post-Bulletin in any of its forms to a friend?
In a February issue, The Economist looked at "The Data Deluge" for many perspectives. Wal-Mart's databases are being pumped with 1 million sales a hour. Facebook has 40 billion photos on it. Tech companies are focusing more and more on analysis data like IBM's purchase of the data-savvy firm, SPSS, in Rochester.
We are inundated with information all day, everyday.
Interpreting and understanding the information is becoming an exercise in triage. That means only dealing with what you most need or want and letting the rest wash over you with no consideration or analysis.
• What data do you need help turning into usable information? What kind questions do you need help answering everyday?