CenterPoint Properties recently executed the sale of 2900 Shermer Road, Northbrook, to Tasty Breads International.
John Suerth, Jason Lev, and Jeff Counsell of CBRE represented CenterPoint, while Jeff Provenza of Darwin Realty represented Tasty Breads. The disposition of the 57,554-square-foot state-of-the-art food-grade facility was a tactical element in the investment strategy of Tasty Breads International as they expand their production and distribution of frozen dough products across the country.
The building features separate employee entrances, locker rooms and facilities for associates who handle cooked and raw food products, allowing multiple product types to be handled simultaneously, but in segregated capacities. The facility is designed to operate as a food-handling facility with an in-place freezer and cooler, two spiral freezers and an ammonia refrigeration system.
Tasty Breads, which will open this second facility in early 2014, is a family owned and operated company, which creates custom dough recipes for restaurant chains and retail grocery stores including breads, pizza dough, southern style biscuits and gourmet cookie dough.
“When CenterPoint approached us with the opportunity to purchase the 2900 Shermer Road property, we were thrilled with the option to own a space that not only accommodates our food-processing needs, but one that facilitates our expansion efforts as we continue to grow as an industry leader in the food processing industry,” said Gus Bartsocas, president of Tasty Breads International. “The facility meets all of the qualifications we were interested in investing in, providing the products and features we utilize daily to produce the finest quality dough products for our customers nationwide.”
