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KiernanWest Completes Three Build-to-Suit Projects for Bimbo Bakeries USA

Posted on January 20, 2017 · Posted in News

Carlsbad, CA – KiernanWest announced today that it has recently completed three new build-to-suit projects for Bimbo Bakeries USA. The projects are an 8,546-square foot facility in Springfield, Illinois; a 13,215-square foot facility in Peoria, Illinois; and a 5,000-square foot facility in Champaign, Illinois. KiernanWest has executed a long-term lease with Bimbo for each property and obtained permanent financing through Busey Bank.

 

About KiernanWest
KiernanWest, a partnership between The Kiernan Companies and West Partners, is a real estate development firm specializing in build-to-suit projects. The Company, created in 2010, identifies attractive land, in good locations, for high-quality tenants. Upon the completion of construction, KiernanWest maintains ownership of the property and enters into a long-term lease with tenant.

About Bimbo Bakeries USA
Bimbo Bakeries USA (BBU) is a leader in the baking industry. With well-known brands, such as Sara Lee, Thomas, Mrs Baird’s, and Earth Grains, BBU remains the only commercial bakery manufacturer to serve all 50 states. As part of Grupo Bimbo, the largest baking company in the world, BBU shares the philosophy of “Highly Productive and Deeply Humane.” For more information, visit www.bimbobakeriesusa.com.