Dermody Properties Signs Upside Foods As First Tenant In Glenview Logistics Park

The industrial property located at 2775 Sanders Road in Northbrook has been leased by Upside Foods, a meat production company based in California. The property, spanning 187,000 square feet, is part of a former Allstate office campus that is being converted into a 3.2 million-square-foot logistics park by Dermody Properties. Upside Foods will invest $141 million in the facility, creating 75 jobs in 2025. Dermody Properties, represented by Douglas Kiersey, is also planning to develop a nearby warehouse facility in the northern suburbs.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 2775 Sanders Road
• Market: Northbrook
• Square Footage: 187,000
• Landlord: Dermody Properties - Douglas Kiersey
• Tenant: Upside Foods - Dr. Uma Valeti

Dermody Properties has secured Upside Foods as its first tenant at the Glenview site in Chicago. The partnership will see Upside Foods establish a large meat production facility within the leased space. With this investment, Upside Foods will not only contribute to the local economy but also strengthen its presence in the meat production industry. Douglas Kiersey, representing Dermody Properties, has been instrumental in attracting Upside Foods to lease the property.