Brennan Investment Group signed a long-term lease with Tovala for a new 140,340-square-foot, state-of-the-art food processing facility in Winfield, Illinois.
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 food service sector, further strengthening the firm’s growing niche and expertise in delivering mission-critical production facilities for customers in various industries, including food processing.
Founded in 2015, Tovala is a leading meal delivery service. Their chef-prepared meals cook effortlessly in their proprietary smart oven, making home cooking a seamless experience. 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 rapidly 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.
