Chicago-based real estate development company Baum Revision and peer Northpond Partners have acquired Vandalia Tower, a 185,000-square-foot complex, in Saint Paul, Minnesota, for $14 million.

Vandalia Tower, a set of six buildings situated at Interstate 94 and Vandalia Street, was acquired from U.S. commercial real estate company First & First.

First & First purchased the Vandalia Tower in 2012 for $3.3 million and has spent years refurbishing the property and adding new tenants, including Lake Monster Brewing Co. 

The company said that it has spent approximately $10 million on refurbishments.