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Highlights
R2, a Chicago-based real estate firm, purchased a high-vacancy loft property just west of Fulton Market for slightly over $3 million.
The three-story, 49,000-square-foot building at 2130 to 2140 West Fulton Street has been rebranded as Fulton Lofts.
R2 plans to lease the property to a mix of creative and light industrial tenants (like coffee roasters and furniture studios), aligning with its "urban flex" strategy of retooling older industrial buildings.