NextGen Food Robotics Corp. has announced that it has entered into an agreement (the “Lease Agreement”) to lease a facility (the “New Facility”) on West 3rd Avenue, in the heart of Kitsilano, Vancouver, BC. From the New Facility, NextGen intends to operate ghost and commissary kitchens, which the Company intends to retrofit with automated food manufacturing equipment. The Company also plans to sell products produced by members at the commissary directly to consumers at the New Facility. The Company expects to complete buildout of the New Facility by the end of October.
The Lease Agreement is for an initial term of ten years, commencing November 1, 2023, with an option to renew for two separate terms of five years each.
Source: NextGen Food Robotics Corp.