R2 Companies Announces Expansion of Blu Dot Headquarters in Minneapolis

CHICAGO, Feb. 23, 2021 /PRNewswire/ -- R2 Companies, a Chicago-based privately-held real estate investment firm, is proud to announce the expansion of Blu Dot's Headquarters in the Northeast Minneapolis Arts District.

The expansion will grow the headquarters to approximately 60,000 SF. Blu Dot will be expanding their on-site retail store and adding new creative office space for their employees.

Blu Dot is a modern furniture designer and retailer – founded in Minneapolis in 1997. Today it owns and operates ten stores in major US Cities and three internationally.

"We started Blu Dot over 20 years ago in Northeast Minneapolis and have remained in this authentic and vibrant neighborhood ever since. Our headquarters spaces are the perfect environment to do our best creative work and we are excited to continue to grow right here in Northeast," says Blu Dot Founder John Christakos.

"Blu Dot's expansion in the Northeast Arts District is a testament to the neighborhoods explosive growth as the hub for innovation and the arts in Minneapolis," said Matt Pistorio, Principal at R2 Companies. "The irreplaceable post-industrial buildings at Crown-Arts perfectly complement Blu Dot's creative, hands-on ethos."

Blu Dot's Headquarters is located at the 20-acre Crown–Arts Center in the Northeast Minneapolis Arts District – known for its history as the oldest settlement in the City. This neighborhood has been reinvented as a hub for innovative businesses and the arts.  The submarket offers an authentic glimpse into the past through its mix of ornate churches, industrial grain silos, and Victorian architecture alongside new and sophisticated residential high rises, breweries and fine dining options.

To learn more about available retail and creative office space, please contact Matt Pistorio at  (312) 728-3619 or [email protected] and/or Chad Blihovde  at (612) 554-8423 or [email protected].  To view more listings, please visit R2.me.

ABOUT R2 COMPANIES

R2 is a fully integrated, private equity real estate firm with offices in Chicago, Milwaukee and Minneapolis.

R2 was created to source, acquire and uncover irreplaceable real estate in emerging and in-fill urban locations. R2 owns and operates over 6 million square feet across over 40 buildings and maintains offices in Chicago, Minneapolis & Milwaukee.

R2's vertically integrated platform is led by experienced Principals in Investment, Leasing, Asset Management, Property Management, Design & Construction. R2 has a multi-year track record of successfully repositioning Creative Office buildings across the Midwest.

For additional information, visit R2.me.

SOURCE R2 Companies