HelloFresh won't renew lease at Richmond facility, cutting over 600 jobs - San Francisco Business Times

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HelloFresh won't renew lease at Richmond facility, cutting over 600 jobs - San Francisco Business Times
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BREAKING: HelloFresh is closing its facility in the East Bay and laying off more than 600 workers

The world's largest meal-kit company, HelloFresh, revealed in a state filing this week that it plans to close down its more than 100,000-square-foot East Bay warehouse and lay off more than 600 workers there by the end of the year.

HelloFresh Inc. leased the entire 109,594-square-foot freezer storage warehouse in Richmond in 2015. The annual asking rent was around $14.40 per square foot and the entire lease was valued at $13 million. Notice of the closure comes after issues at the facillity began bubbling to the surface last November, whenat the company's facilities in both Richmond and in Aurora, Colorado.

 

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