Springfield, Mass-based Hot Mama’s Foods, a specialty food manufacturer, co-packer and private label resource for organic, all-natural, and gourmet foods, has subleased the space it leases at 2500 Lunt Ave in Elk Grove Village, IL to DineInFresh Inc., which does business under the name Plated.
Plated, a “curated food” startup that got an investment from Mark Cuban on the April 4 episode of ABC’s reality TV series Shark Tank, delivers chef-designed recipes and fresh ingredients directly to the door of its subscribers. The company says it is the first subscription cooking delivery service in the U.S.
Operated by DineInFresh Inc., Plated has raised $5 million from a Series A round of venture funding led by ff Venture Capital, according to the Wall St. Journal.
Incorporated under the name Lansal, Inc., Hot Mama’s Foods exited the Elk Grove Village facility in February 2014 and relocated its operations to Wheeling, IL. The company was continuing to pay the rent on the Elk Grove Village facility under a lease that is not set to expire until August of 2015.
According to the sublease agreement, Lansal’s lease for Hot Mama’s at 2500 Lunt Ave in Elk Grove Village consists of 21,361 rentable square feet and associated parking and loading areas. The landlord on the property is CRP-2 Chicago Infill II, LLC, an entity affiliated with Boston-based Colony Realty Partners (CRP).
Lansal, Inc. entered into the sublease agreement with subtenant DineInFresh Inc. (d/b/a Plated) on April 1. The agreement has the subtenant assuming Lansal’s lease for the Elk Grove facility through its expiration in August 2015, and all of the Company’s obligations thereunder.
Under the terms of the Sublease, the subtenant will pay $160,000 annually, payable monthly, and is responsible for all utilities for the facility.
2500 Lunt Ave in Elk Grove Village is a 21,361 square industrial warehouse with 12 parking spaces on a little under an acre of land, according to LoopNet.