Brennan Investment Group announced that it has signed a long-term lease with meal delivery service Tovala for a new 140,340-sq-ft, state-of-the-art 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.
Founded in 2015, Tovala's chef-prepared meals are designed for cooking in the company's proprietary smart oven. Tovala has reportedly 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 rapidly expanding customer base.
Brennan Investment Group says this fourth build-to-suit development in the food service sector.
"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," says 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."
"This facility represents an important next phase of growth for Tovala as we continue to scale our food operations to meet increasing demand," says 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."
