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Craft Beers Pours Into Commercial Real Estate


Access Level: 1
Author:
Publication Date: November-2015
Document Type: Report
Publisher: Colliers
Number Of Pages: 8
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Knowledge Topics:
Strategy and Leadership
 
Description:
The growing popularity of craft beer in the United States presents opportunities for owners of both warehouses and retail spaces to purpose their buildings to enable brewers to produce and/or sell their output. In the leading markets we surveyed, Colliers International identified more than 400 breweries being planned, potentially representing 3 million SF of new craft beer inventory. The vast majority will be located in industrial space whether in a multi-tenant industrial complex or a larger single-tenant industrial building while the remaining breweries will operate in a retail restaurant location, more commonly known as a brewpub. Each brewery will typically include dedicated space that acts as a retail component that is used to sell directly to consumers in the form of carry out or an on-site taproom within the same operational space their product is manufactured.
 
Keywords:
craft beer, breweries, opportunities, growth, repurposing