How the sausage is made: Vienna Beef moving Chicago headquarters

The hot dog maker will occupy the entire 42K sf building owned by Dayton Street Partners

TRD CHICAGO /
Jan.January 09, 2020 09:00 AM
2501 West Fulton Street (Credit: Google Maps)

2501 West Fulton Street (Credit: Google Maps)

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.


Related Articles

arrow_forward_ios
601 S. Lasalle Street (Credit: Google Maps)

Help wanted: Developer needed to buy $25M property, build tower

Help wanted: Developer needed to buy $25M property, build tower
Hales Franciscan at E. 50th St. and S. Langley Avenue (Credit: Google Maps)

Catholic school might need divine intervention to sell Bronzeville campus at $44 psf

Catholic school might need divine intervention to sell Bronzeville campus at $44 psf
CMK Companies’ President and CEO Colin Kihnke and 1400 S. Wabash Avenue (Credit: Google Maps; CMK)

CMK scoops up South Loop dev site

CMK scoops up South Loop dev site
Scott Goldman and the former WMS Industries campus in Avondale

Baum Revision pays $26M for Avondale office complex

Baum Revision pays $26M for Avondale office complex
A photo illustration of 2 E. Oak Street and ESG Kullen’s Eric Granowsky (Credit: Google Maps, iStock)

May I cut in? New buyer claims 2 E. Oak condo deconversion deal

May I cut in? New buyer claims 2 E. Oak condo deconversion deal
322 East Illinois Street and Manuel M. Chavez III (Credit: Google Maps)

Parking garage under Streeterville cinema trades for $33M

Parking garage under Streeterville cinema trades for $33M
Sales of office, apartment, hotel and industrial buildings dropped by 50 percent in 2019.

Investment sales activity cratered in Chicago in 2019

Investment sales activity cratered in Chicago in 2019
Peter E. Ricker, Chairman and CEO of MBRE, and 800-810 West Madison Street (Credit: MBRE and Google Maps)

MB Real Estate pays $19M for office building near Fulton Market

MB Real Estate pays $19M for office building near Fulton Market
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...