MINNEAPOLIS—R2 Cos., a Chicago-based firm that specializes in transforming properties into modern offices, has already made a mark on the downtown here, and has now launched another project by acquiring the historic Flour Exchange Building at 310 S. 4th St. The 12-story building consists of roughly 100,000 net rentable square feet of commercial office.

The building was completed in 1909 and was home to the original Flour Exchange of Minneapolis, where flour was stored and traded on-site. It is the first steel and concrete high-rise in downtown Minneapolis and has been designated as a historic site by the Historic Preservation Commission and Metropolitan Planning Commission.

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