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Production will scale down immediately and brewery operations at the Lancaster County brewhouse will cease by early spring in order to prepare the brewery for sale.
Intercom will take over building owner Sterling Bay's current headquarters space, as the Chicago developer will move its headquarters to 333 N. Green Street in Fulton Market.
The cargo growth was bolstered by a 2.6% increase in imported goods including clothing, furniture, electronics and other everyday products over the previous record for imports set in 2018.
The financing was arranged by JLL Capital Markets and provided by Prime Finance for the 330,631-square-foot office building that PAG Investments purchased from Mack-Cali Realty of Jersey City in late 2019.
The office fit perfectly with Kinship Capital's commitment to owning high-quality properties in supply-constrained markets, where additional opportunities exist to enhance value for tenants and the community.