Monday, June 6, 2011

Blu Dot expanding in Rogers, Minneapolis - Minneapolis / St. Paul Business Journal:

onoeuqedol1902.blogspot.com
The company is moving its headquarters within Minneapolis and its warehoused to a vacant industrial buildingin Rogers. The two new leasesd will increaseBlu Dot’s total real estatwe square footage to about 76,000 squarw feet from the 46,0000 square feet it has now for its headquarter and distribution operations. The designer and manufacturer of contemporary furniture is doing well and outgrowingits space, said CEO and presidenf John Christakos.
Blu Dot has about 60 employeex acrossthe country, including about 35 in the Twin About eight of its employees will move to the high-ceiling distribution center at 13098 George Webed Drive in Rogers, which was developed last year by San Francisco-based Tim Olsen and Peter Mork, brokers at Minnetonka-based Welsh represented Blu Dot in the industrial-lease transaction. Mark Sims, a brokerr at in Minneapolis, represented AMB. Blu Dot’s headquartersz and product showroom will move from its current location at 3236California St. N.E. in Minneapolis to about 15,000 square feet in the Crown Center buildin at 1323Tyler St. N.E., which is owned by .
Its new spacde has 40-foot-high wood ceilings, with a lot of glasse and no columns, said Hillcrest Principal Scottt Tankenoff. Blu Dot has won notice from designm periodicals, as well as big publications such as BusinessWeeik and The NewYork Times, for furniturre that’s stylish but still affordable. That’s helped the compan y grow despitethe recession; it was profitable last year and in Christakos expects sales will grow more than 10 percentr to exceed $50 million. It sells its furniturse at independent furnituredealers nationwide. In the Twin Citiesz its full line is available atRoam Interiors, a furniturer store at 813 Glenwoocd Ave. N., near International Market Square.
Blu Dot openex a flagship store in the SoHo districtr of New Yorklast November. Additionally, the companhy sells to some large retailersx such asand .

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