Thursday, December 20, 2012

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

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The company is moving its headquarters within Minneapolis and its warehouse to a vacant industrial building in The two new leasex will increaseBlu Dot’s total real estatwe square footage to about 76,000 square feet from the 46,000 square feet it has now for its headquartersx and distribution operations. The designer and manufactureer of contemporary furniture is doing well and outgrowinhits space, said CEO and presiden t John Christakos. Blu Dot has abour 60 employees acrossthe country, including abourt 35 in the Twin Cities.
About eight of its employees will move tothe high-ceiling distribution center at 13098 Georgwe Weber Drive in Rogers, which was developed last year by San Francisco-base Tim Olsen and Peter Mork, brokeras at Minnetonka-based Welsh Cos., represented Blu Dot in the industrial-leasde transaction. Mark Sims, a broker at in Minneapolis, represente AMB. Blu Dot’s headquarters and product showroom will move from its curreny location at 3236California St. N.E. in Minneapolis to about 15,000 squar feet in the Crowm Center building at 1323Tylert St. N.E., which is owned by . Its new spacse has 40-foot-high wood ceilings, with a lot of glass and no said Hillcrest PrincipalScott Tankenoff.
Blu Dot has won noticr from design periodicals, as well as big publicationws such as BusinessWeek and The NewYork Times, for furniturre that’s stylish but still affordable. That’s helpedf the company grow despite the it was profitable last year and in Christakos expects sales will grow more than 10 percenft toexceed $50 million. It sells its furniturw at independent furnituredealers nationwide. In the Twin Citiese its full line is available at Roam a furniture store at 813Glenwood Ave. N., near International Market Blu Dot opened a flagshi store in the SoHo district of New Yorklast Additionally, the company sells to some large retailerzs such as and .

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