Victory Brewing Co., an affiliate of Artisanal Brewing Ventures, sold its brewery and taproom in Chester County to Fortress Investment Group LLC for $21.79 million in a sale-leaseback deal. The Downingtown-based craft brewer plans to reinvest the funds into marketing and renovations at its other facilities.
Victory Brewing Taps Cash in $21 Million Sale-Leaseback Deal
Brewer Signs Longterm Lease, Plans To Reinvest Sale Proceeds into its Business
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IN THIS ARTICLE
- Properties
- Companies
- Fortress Investment Group
Finance and Insurance
- Contacts
- Charles McGrath
Newmark
- Gerry Blinebury
Executive Vice Chair, Cushman & Wakefield
- Drew Schantz
Associate Broker, Cushman & Wakefield
- Brett Grifo
Newmark
- Jonas Skovdal
Executive Managing Director, Cushman & Wakefield