A Florida real estate investor has purchased two more buildings in downtown St. Paul, making him the largest private commercial property owner.
The Downtown Revival Trust, created by Florida-based real estate investor Jamie Rand, purchased 375 Jackson Street and 135 5th Street on Thursday. Rand also owns the First National Bank Building and the Great Northern Building.
Rand said the transaction took about 45 days to complete, a little more time than the last two building purchases because there were more parties involved…