(Read more on the industrial market.)

FREETOWN, MA-This southeastern Massachusetts city was hoping totoast the arrival of a new brewery, but a large land purchase byBoston Beer Co. could mean nothing if an alternative in Allentown,PA comes to fruition. The maker of Samuel Adams spirits has paid$5.9 million to the Campanelli Cos., owners of the CampanelliBusiness Park where the 52-acre swath is located.

"There is a bunch of moving pieces to the equation," says MarkStevens, principal of the Stevens Group who assisted Boston BeerCo. in a two-year space quest that extended into New Hampshire andRhode Island. Stevens and Catherine Thompson of GVA Williamsorchestrated the search.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.