Hot dog producer Vienna Beef is relocating its headquarters to a recently-renovated industrial building on the Near West Side.
The company will soon move from its longtime home at 2501 North Damen Avenue in Bucktown to 2501 West Fulton Street in East Garfield Park. Its manufacturing employees will remain in a more than 100,000-square-foot facility at 1000 West Pershing Road in Bridgeport.
Vienna Beef signed a long-term lease to occupy the entire 42,000-square-foot building, which Chicago-based Dayton Street Partners bought for $2.8 million in 2018. The building is located within the Kinzie Industrial Corridor, not far from the booming Fulton Market area of the West Loop, once known for its stock of meatpackers and wholesalers.
JLL brokers Scott Duerkop and Dominic Carbonari represented Dayton Street and NAI Hiffman’s Chris Gary represented Vienna Beef.
The new location is ideal for Vienna Beef because it’s near the company’s manufacturing facility in the Stockyards Industrial Park and its workforce, Dayton Street managing principal Howard Wedren said in a statement.
New York-based Drive Shack is trying to bring an upscale driving range to the old headquarters property on the North Branch of the Chicago River, near developer Sterling Bay’s planned Lincoln Yards megadevelopment, according to Crain’s.
Dayton Street has been quite active in the Kinzie Industrial Corridor since 2014. Its recent redevelopments include 2101 West Carroll Avenue, 2137 West Walnut and 1500 West Carroll Avenue.
Vienna Beef was founded by Austrian-Hungarian immigrants in 1893 during the World’s Columbian Exposition.
Vienna Beef and Dayton Street didn’t immediately respond to requests for comment.