A modern skyscraper in downtown El Paso is being listed for sale for $8.5 million.
Built in 1907 as one of the city’s first high-rises, the PNC Bank Building is 7 stories high and measures around 76,000 square feet.
The structure, on a 2.8-acre site at 416 N. Stanton Street, is in a section of the city populated with modern high-rise office buildings built in more recent decades.
The home to a number of banks through the decades, including the Sunwest Bank of El Paso, the building has also provided offices for various employment services, realtors, and accountants, not to mention the Southern Pacific Railroad.
Classified as a Class B building, the structure has recently undergone a renovation.
Listed with the El Paso-based Team Juan Uribe real estate services, the building is currently 88% leased.
Last summer, the Pittsburgh-based PNC Bank’s parent company acquired for $11.5 billion the BBVA USA bank, which previously had its headquarters at the N. Stanton building.
By Garry Boulard
