The William K. Langford Revocable Trust engaged Global Food Properties to market for sale or lease its 254,232 SF refrigerated production plant in Cherokee, Iowa. Alongside Global Food Properties will be Sioux City, Iowa-based NAI United, a full-service brokerage firm providing regional exposure to industrial occupiers, both food and non-food, across greater Northwest Iowa.  
Tyson Foods is winding down its lease on the now-vacant Cherokee facility, which was historically operated to produce hams, hot dogs, and deli meats; Tyson has agreed to work with the marketing team and the community to identify a new tenant or buyer.
Once positioned, the Cherokee facility will stand out as one of very few large, available food-grade assets in the Midwest, and its high-velocity configuration, refrigeration, steam, and sanitation infrastructure will appeal to a variety of large, volume-oriented refrigerated production occupiers. Aggressive, below-market sale and lease pricing will further differentiate what is already a rare opportunity.