Fresh brews coming soon to Hialeah: brewery buys warehouse for $3M

Miami /
Apr.April 19, 2016 04:45 PM

Unbranded Brewing Co. will redevelop a Hialeah warehouse into a craft brewery after buying the property for $3 million. 

An affiliate of Maverick Brewing Real Estate bought the 31,000-square-foot warehouse at 1395 East 11th Avenue. There, Unbranded plans to turn the building, developed in 1959, into a beer production facility, according to a press release about the sale.

Joel A. Kattan and Anthony Peragine of SVN Commercial Realty represented the seller, 1395 E 11 Ave LLC. The LLC bought the nearly 1-acre property in 2012 for $535,000, which means it just sold for more than five times that price. This most recent sale, an off-market deal, breaks down to $96 per square foot.

The new brewery, led by company president Zachary Swanson, will be in Hialeah’s Leah Art District, which runs from East Ninth Street to East 17th Street, and from East 10th Avenue to the west. The property is currently zoned industrial. Swanson will seek a zoning change.

It would mark the first brewery for Hialeah, which is made up of mostly industrial warehouses and single-family homes. Hialeah Brewing Company is also coming soon, according to the company’s Facebook page.

In South Florida, breweries tend to flock to areas like Wynwood, where Wynwood Brewing Company, Concrete Beach Brewery and J. Wakefield are located. Boxelder, a craft beer market, opened at Wynwood Gateway Complex last year. – Katherine Kallergis


Related Articles

arrow_forward_ios
2195 Northwest 103rd Street (Google Maps, iStock)
Four South Florida gas stations sell for $15M
Four South Florida gas stations sell for $15M
CenterPoint Properties CEO Bob Chapman and 4040 W 108th St, Hialeah, FL. (Google Maps, GI Partners)
CenterPoint pays $184M for warehouses at Hialeah business park
CenterPoint pays $184M for warehouses at Hialeah business park
Kolleen OP Cobb and Countyline Corporate Park Building 26 (FECI)
FECI scores construction loan for Hialeah business park
FECI scores construction loan for Hialeah business park
TA Realty Managing Partner James Buckingham and (clockwise from top left) 1604 West 31st Place, 2440 West 8th Court and 2500 West 84th Street (Google Maps)
TA Realty buys back industrial property in Hialeah as part of $52M deal
TA Realty buys back industrial property in Hialeah as part of $52M deal
PGIM Real Estate CEO Eric Adler (left) and Bridge CEO Steve Poulos with a rendering of the cold storage facility  (Photos via PGIM; Bridge; Ware Malcolm)
JV developing Hialeah spec cold storage facility lands $67M construction loan
JV developing Hialeah spec cold storage facility lands $67M construction loan
Mayor Bud Scholl and EverWest CEO Rick Stone with 1101 East 33rd Street, Hialeah (City of Sunny Isles Beach, EverWest)
Sunny Isles mayor sells Hialeah warehouse for $13M
Sunny Isles mayor sells Hialeah warehouse for $13M
Seritage CEO Benjamin Schall, CTO CEO John Albright, and 1460 West 49th Street, Hialeah (Credit: Google Maps)
Seritage sells Hialeah shopping center for $21M
Seritage sells Hialeah shopping center for $21M
Renderings of a proposed project (Courtesy of Apex Capital Realty)
CBD investor sells Hialeah Gardens dev site for $5M
CBD investor sells Hialeah Gardens dev site for $5M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...