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Avison Young negotiates 20,000SF lease of former Foxtrot commissary at 900 W. Cermak Rd to Bento, Inc.
Chicago, IL – Global commercial real estate advisor Avison Young has arranged a lease of approximately 20,000 square feet (sf) across two units of industrial space at 900 West Cermak Road to Bento, Inc., a subsidiary of the Wonderfield Group, on behalf of a private, local owner.
The units were recently occupied by Foxtrot, which extensively renovated the facility for use as a commissary kitchen. The lease term has begun and Bento, Inc. is occupying the space.
The property owner, 900 C LLC, was represented by Avison Young Principal Steven Kohn, SIOR, and Jay Maher, Senior Vice President. Newmark represented the tenant, Bento, Inc.
“We are excited to welcome a high caliber international company such as Bento, Inc. to the Pilsen East community,” said John Podmajersky III, Principal, 900 C LLC. “Avison Young, Newmark and Bento Nouveau were all exceptional partners in achieving this transaction, which took only three months from initial showing to Bento Inc.’s occupancy.”
Aside from the existing infrastructure, Bento was attracted to the proximity to downtown Chicago, the extensive network of nearby interstate highways, public transportation, and a talented workforce.
“This is just the beginning,” Kohn said. “There are two more units in the building, a standalone building across the street, and land available for future development. Led by its visionary owner, Pilsen East continues to transform.”
About Bento
Since its inception in 1996 in Toronto, Bento Inc. has emerged as one of North America’s premier sushi providers. Products are available in grocery stores, universities, colleges, hospital food courts, airports, quick-service restaurants, shopping malls and food courts. Its nine commissaries across North America produce products which serve over 2,500 stores. Cumulatively, it delivers over 35 million sushi servings annually. To learn more, visit bentosushi.com
About Avison Young
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2024 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 13 consecutive years.
For more information:
- Download property photo here.
Media contact:
- Nathan Reyna, Regional Media Relations & Content Specialist, Central Region: +1.972.533.1396
Image courtesy of VHT Studios