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Historic Flour Exchange Building sold in downtown Minneapolis

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A Chicago-based real estate investor has acquired the historic Flour Exchange Building in downtown Minneapolis. R2 Cos. paid $7.5 million to buy the 11-story building at 310 Fourth Ave. S. from St. Paul-based Larson Properties, according to a certificate of real estate value filed in Hennepin County. R2 also owns the 15 Building, the downtown Minneapolis property upon which it commissioned a huge mural of musician Bob Dylan last year. "Our plan [for the Flour Exchange] is to make cosmetic and… ......

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