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
ARI Financial Group CEO buys Hialeah multifamily-retail portfolio for $42M
ARI Financial Group CEO buys Hialeah multifamily-retail portfolio for $42M
ARI Financial Group CEO buys Hialeah multifamily-retail portfolio for $42M
Lago Mar apartments in Hialeah
RAM buys Lago Mar apartments in Hialeah for $18M
RAM buys Lago Mar apartments in Hialeah for $18M
Rolling the dice: Charter school, apartments planned for Hialeah Park racetrack and casino property
Rolling the dice: Charter school, apartments planned for Hialeah Park racetrack and casino property
Rolling the dice: Charter school, apartments planned for Hialeah Park racetrack and casino property
Medical Properties Trust CEO Edward K. Aldag, Jr. with Hialeah Hospital (Google Maps)
Medical Properties Trust completes $900M portfolio buy with Hialeah Hospital
Medical Properties Trust completes $900M portfolio buy with Hialeah Hospital
Avra Jain closes on Hialeah industrial property for entertainment project
Avra Jain closes on Hialeah industrial property for entertainment project
Avra Jain closes on Hialeah industrial property for entertainment project
Palmetto General Hospital and Medical Properties Trust CEO Edward K. Aldag Jr. (Google Maps)
Medical Properties Trust buys Palmetto General Hospital as part of $900M South Florida expansion
Medical Properties Trust buys Palmetto General Hospital as part of $900M South Florida expansion
Televisa Building in Virginia Gardens (Crexi, Getty)
Grupo Televisa sells Virginia Gardens office building for $13M
Grupo Televisa sells Virginia Gardens office building for $13M
FECI's Kolleen Cobb with Countyline Corporate Park and the new sites at 4181 and 4241 West 108th Street (Google Maps)
FECI plans Countyline Corporate Park expansion with $33M construction loan
FECI plans Countyline Corporate Park expansion with $33M construction loan
arrow_forward_ios

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

Loading...