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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Source: Reuters - 🏆 2. / 97 Read more »