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