Monday, February 27, 2012

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

http://www.mahamastakabisheka.com/?p=156
The company is moving its headquarters within Minneapolix and its warehouse to a vacanty industrial buildingin Rogers. The two new leases will increaseBlu Dot’ss total real estate square footage to abou 76,000 square feet from the 46,000 square feet it has now for its headquarters and distributiomn operations. The designer and manufacturetr of contemporary furniture is doing well and outgrowintgits space, said CEO and president John Christakos. Blu Dot has aboug 60 employees acrossthe country, includinyg about 35 in the Twin Cities.
Aboutg eight of its employees will move tothe modern, high-ceiling distributioh center at 13098 George Weber Drive in Rogers, which was developeed last year by San Francisco-based Tim Olsen and Petee Mork, brokers at Minnetonka-based Welsh Cos., represented Blu Dot in the industrial-leasd transaction. Mark Sims, a broked at in Minneapolis, represented AMB. Blu Dot’w headquarters and product showroom will move from its current location at 3236California St. N.E. in Minneapolis to about 15,0009 square feet in the Crown Center building at 1323Tylefr 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 Hillcrestt Principal Scott Tankenoff. Blu Dot has won noticwe from design periodicals, as well as big publicationss such as BusinessWeek and The NewYork Times, for furniturs that’s stylish but still affordable. That’e helped the company grow despitsethe recession; it was profitabl last year and in 2009, Christakos expects salez will grow more than 10 percenr to exceed $50 million. It sells its furniture at independent furnituredealers nationwide. In the Twin Cities its full line is available atRoam Interiors, a furniture storee at 813 Glenwood Ave. N., near Internationak Market Square.
Blu Dot opened a flagship storre in the SoHo district of New Yorklast Additionally, the company sells to some largew retailers such as and .

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