Chicago-based private real estate investment firm Brennan Investment Group recently signed a long-term lease with meal delivery service Tovala for a new 140,340-square-foot food processing facility in Winfield, Ill. The facility will be developed as a build-to-suit with construction scheduled to commence in March 2026 and substantial completion expected in the second quarter of 2027.

This project represents Brennan Investment Group's fourth build-to-suit development in the foodservice sector, further strengthening the firm's growing niche and expertise in delivering mission-critical production facilities for customers in various industries, including food processing.   

Tovala has delivered more than 45 million meals to date with a vertically integrated model that spans food manufacturing, software and hardware. The new facility will provide expanded capacity to serve their expanding customer base.

"This project reflects Brennan's ability to deliver highly specialized, build-to-suit solutions for a wide variety of users, including those in the food service and food processing space," said Tod Greenwood, head of build-to-suit development at Brennan Investment Group. "We've developed a strong niche in the food processing space by understanding the operational requirements of our tenants and partnering with best-in-class teams to execute complex facilities at a high level."

Greenwood, along with Jack Brennan, head of Brennan Investment Group's Midwest region, and Larry DiVito, director of development and construction, represented Brennan Investment Group in the transaction. Jonathan Kohn of Colliers International represented Tovala.

"We're excited to bring a development of this quality to the Village of Winfield," said Brennan. "This facility reflects our long-term commitment to the Midwest and our ability to deliver modern, highly functional industrial buildings that support job creation and economic growth in the communities where we invest."

"This facility represents an important next phase of growth for Tovala as we continue to scale our food operations to meet increasing demand," said Taryn Aronson, chief financial officer at Tovala. "Partnering with Brennan allows us to build a highly specialized facility designed around the complexity of fresh food manufacturing, while creating the infrastructure needed to support our customers across the eastern half of the country."

Source: Brennan Investment Group