Matthew Weinstein, a member of Cozen O’Connor’s Real Estate Practice Group, discusses unique considerations in connection with expansions and relocations of breweries in Bar Business Magazine. Unlike traditional, single purpose, office, warehouse, and retail establishments, breweries do not fall into an easily identifiable category. By way of example, breweries cannot easily relocate due to their extensive infrastructure improvements, and any move requires long-term detailed planning. In his article, Matthew suggests that brewery operators begin planning the relocation process early, because finding a new site, negotiating a lease, and finalizing new equipment orders could take months or even years to finalize. It is also important that brewery operators build flexibility into their lease by proactively negotiating with the landlord in preparation for future expansions or contractions. According to Matthew, owners should be cognizant of the amenities and areas outside of their premises, such as available parking, as well as keep in mind a host of other considerations, such as event space needs and potential zoning pitfalls.
To read the full article, click here (page 30).