| Fifth Street Towers | |
|---|---|
 | |
 The complex | |
 | |
| General information | |
| Coordinates | 44°58′41″N 93°16′6″W / 44.97806°N 93.26833°W |
| Completed | 1988 |
| Height | Complex: 504 ft (153 m) Tower I: 364 feet (4,370 in) Tower II: 504 feet (6,050 in) |
| Technical details | |
| Floor count | Complex: 36 Tower I: 26 Tower II: 36 |
The Fifth Street Towers is a complex of two buildings in Minneapolis, Minnesota. Fifth Street Towers I was completed in 1987 and is 356 feet (109 m) tall and has 26 floors. Fifth Street Towers II was completed in 1988 and is 504 feet (154 m) tall and has 36 floors.
At one time MAIR Holdings had its headquarters in Suite 1360 of Fifth Street Towers II.[1]
It was purchased in 2007 by a UK-based company, StratREAL for $294 million on behalf of an unnamed client[2] but sold in April 2012 for $110 million following a mortgage default by the borrower.[3][4] The borrower was Interventure Capital Group, acting on behalf of Prince Abdul Aziz bin Fahd, youngest son of the late King Fahd of Saudi Arabia[5][6]
- ^ "2006 Annual Report." MAIR Holdings. Retrieved on August 16, 2011. "150 South Fifth Street, Suite 1360 Minneapolis, Minnesota 55402"
- ^ "Archived copy" (PDF). Archived from the original (PDF) on 2016-01-22. Retrieved 2012-10-24.
{{cite web}}: CS1 maint: archived copy as title (link) - ^ Sadovi, Maura Webber (May 8, 2012). "Venture Pays $1 Over Debt to Win Minneapolis Tower". The Wall Street Journal. Archived from the original on September 29, 2018. Retrieved September 12, 2012.
- ^ Moore, Janet (May 2, 2012). "Fifth Street Towers sold". Minnesota Star Tribune. Archived from the original on January 31, 2025. Retrieved January 31, 2025.
- ^ Stephen Foley (6 June 2012). "Revealed: Saudi royals' secret $1bn US empire - Business News - Business". The Independent
- ^ "Tory donor Pierre Rolin accused of stealing £30m from Gulf investor". www.telegraph.co.uk. Retrieved 2023-03-10.